Businessweek

rincipal competitors with portfolios include multinational companies, such as ABB, Emerson Electric, and Schneider Electric. The primary competitors of the Industry Automation division include ABB, Schneider Electric, Rockwell, and Emerson Electric. Within its product lifecycle management business, this division also competes with Dassault Systemes and PTC. Competitors of the Drive Technologies division include companies with business portfolios, such as ABB, Emerson Electric, and Mitsubishi Electric and also specialist companies, such as Fanuc and SEW. The major competitors of its Metals Technologies business unit include Danieli and SMS. INFRASTRUCTURE & CITIES This sector offers a range of sustainable technologies for metropolitan centers and urban infrastructures worldwide, such as integrated mobility solutions, building and security systems, power distribution equipment, smart grid applications, and low- and medium-voltage products. This sector consists of five divisions: Rail Systems; Mobility and Logistics; Low and Medium Voltage; Smart Grid; and Building Technologies. Rail Systems This division comprises the company’s rail vehicle business. This division’s activities consist primarily of the businesses relating to rail vehicles for mass transit, regional and long-distance transportation, driverless systems, locomotives for passengers or rail freight, traction systems, bogies, and onboard power supplies. Mobility and Logistics This division primarily provides products, solutions (including IT solutions), and services in operating systems for rail transportation, such as central control systems, interlockings, and automated train controls and for road traffic, including traffic detection, information, and guidance. Subsequent to the year ended September 30, 2012, this division announced its intention to acquire Invensys Rail, the rail automation business of Invensys plc., U.K. Low and Medium Voltage This division supplies electrical grid operators and industrial electricity consumers with medium and low-voltage equipment. This division also provides systems and services for the distribution of electrical power from high-voltage transmission grid access to medium or low-voltage grids directing the electrical energy to end consumers and their access points. Smart Grid This division provides energy automation solutions, smart grid applications, transmission and distribution services, applications for electromobility solutions, and rail infrastructure electrification solutions for mainline and mass transit applications. In the year ended September 30, 2012, this division acquired the U.S.-based company, eMeter Corporation, to position this division to expand its energy information and meter data management solutions. Building Technologies This division offers products, services, and solutions for commercial, industrial, public, and residential buildings, including building automation, comfort, building safety and security, and building operations. In addition, this division offers energy solutions. This division’s offerings include heating and ventilation controls, security systems, and devices, such as intruder detection, video surveillance and building access control, and fire safety solutions, such as fire detection, protection alarm systems, and non-water based fire extinguishing. This sector also holds the Atos S.A. (AtoS) shares and the convertible bond, which the company received following the sale of Siemens IT Solutions and Services to AtoS. Customers and Distribution This sector distributes its products and services through its own dedicated sales force, supported by the company’s worldwide network of regional companies. In addition, the divisions of the sector use, to varying degrees, third-party distributors, panel builders, OEMs, value added partners, installers, and general contractors. This sector’s principal customers include railway operators, public utilities, industrial and infrastructure customers, electrical grid operators, construction and real estate customers, and the manufacturers of heating, ventilation, and air-conditioning solutions. Competition