Siemens 2009 Annual Report Download - page 137

49
 Managing Board statements, Independent auditors’ report, Additional information
95 Net assets position 97 Report on post-balance sheet date events
98 Risk report
108 Information required pursuant to
§315 (4) HGB of the German Commercial
Code and explanatory report
114 Compensation report
114 Report on expected developments
As a leading international IT service provider, Siemens IT Solu-
tions and Services has the capacity to meet all needs from a
single source. Its portfolio ranges from consulting via system
integration to the comprehensive management of IT infra-
structures, as well as software development. Its expertise,
which extends well beyond straightforward IT requirements,
provides the basis for successful, highly complex IT projects
that help customers all over the world to permanently retain
and improve their competitive edge. SFS pursues a three-part
strategy, comprising the management of the financial risks to
which Siemens is exposed, the tailoring of financing solutions
for Siemens customers to support our Company ’s business ac-
tivities, and the provision of finance for other companies, pri-
marily in the three industry areas of industry, energy and
healthcare. By leveraging its financing expertise and industrial
know-how, SFS creates value for its customers and helps them
strengthen their competitiveness.
Important corporate programs and initiatives
Environmental portfolio
Our environmental portfolio provides a compelling demon-
stration of the way we have aligned our business activities
with the aforementioned megatrends, in this case climate
change. It contains technologies that make a direct and verifi-
able contribution to the environment and to climate protec-
tion. The elements of the portfolio fall into three main groups:
products and solutions with exceptional energy efficiency,
such as combined cycle power plants, energy-saving light
bulbs and intelligent building technologies; systems and com-
ponents for renewable forms of energy, such as grid access for
wind turbines and steam turbines for solar power; and envi-
ronmental technologies in fields such as water technologies
and air pollution control.
Segment strategies
Our Industry Sector is a global market and technology leader
in industrial and infrastructure process automation. The Sec-
tor aims to make customers more competitive by automating
the entire lifecycle of customer investments. Its innovative
and environmentally-friendly products, systems, services and
solutions are designed specifically to increase the productivity
and flexibility of its customers and to help them make more
efficient use of resources and energy. Our Industry Sector re-
lies on common technology platforms (such as Totally Inte-
grated Automation, or TIA) that are developed into business-
specific applications by the Divisions. This approach is in-
tended to enable the Divisions to achieve profitable above-
average growth.
Our Energy Sector is the only company in the world capable of
improving efficiency throughout the entire chain of energy
conversion, from the extraction of oil & gas via power genera-
tion to the transmission and distribution of electric energy. As
an integrated technology company, the Sector occupies a lead-
ing position in its industry in terms of technology and contin-
ues to set industry standards. Our Energy Sector aims to grow
profitably and at a faster than average rate to achieve a market-
leading position in every single business area.
The strategy pursued by our Healthcare Sector focuses on in-
creasing efficiency in healthcare by improving the quality
while reducing cost at the same time. The Sector strives to
continuously enhance its leading position in the market by
consistently focusing on customer requirements and an inno-
vation strategy for its products, services and solutions to meet
these needs. Our Healthcare Sector is working on building up
its presence in the growth markets of the future throughout
the value chain and on continuously improving its own cost
position. The Sector has a clear focus on profitable growth and
aims for a steady expansion of its market share. Its integrated
approach combining medical imaging, laboratory diagnostics
and the IT systems required for modern healthcare addresses
the entire medical supply chain – from prevention and early
detection to diagnosis, and on to treatment and aftercare.