Siemens Advocates for Industrial Data Utilization in AI, Expands Software Portfolio with Strategic Acquisitions

Siemens CEO emphasized Germany's untapped potential in leveraging industrial data for AI advancements during a Bloomberg Television interview. "We are sitting on a massive amount of data," he stated, underscoring the value generated by enterprises of all sizes through operational and building systems.

The technology conglomerate is aggressively integrating AI into industrial automation, partnering with Nvidia Corp. to enhance manufacturing efficiency. Its recent acquisitions—Dotmatics for $5.1 billion and Altair Engineering Inc. for $10 billion—signal a strategic push to dominate digital industrial solutions. Dotmatics CEO Thomas Swalla framed the deal as a catalyst for "a new wave of innovation in life sciences R&D," while Insight's Jared Rosen highlighted its transformative potential for the sector.