Siemens 2011 Annual Report Download - page 161

153 D. Consolidated Financial Statements
273 E. Additional information
143 C.2 Additional information for supplemental
financial measures
145 C. Siemens AG (Discussion on basis of
German Commercial Code)
151 C. Notes and forward-looking statements
140 C. Information required pursuant to Section  ()
and Section  () no.  of the German Commer-
cial Code (HGB) and explanatory report
142 C. Compensation report and Corporate Governance
statement pursuant to Section a of the German
Commercial Code (HGB)
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use in building technology, industry, and transportation, in-
cluding for instance electric vehicles – from drives to faster
charging stations – as well as the further development of wa-
ter and air purification systems and drinking water purifica-
tion with new membrane technologies.
Our researchers and
developers are laying the foundation of our sustainable growth.
Since , Siemens has been awarding the title Inventor of
the Year to particularly successful R&D employees whose in-
ventions are making a significant contribution to our Compa-
ny‘s success.
The innovators who won awards in calendar year
 alone have registered approximately , patents.
We aim to continue to strengthen our innovation capability. In
fiscal , Siemens spent €. billion on R&D. The intensity
of our R&D activities, defined as the ratio of R&D expenses and
revenue, was .% for the current fiscal year, an increase com-
pared to fiscal .
The Industry Sector invested €. billion with an R&D intensity
of .%; the Energy Sector €. billion with an R&D intensity
of .%; and the Healthcare Sector €. billion with an R&D
intensity of .%. Corporate Technology (CT), our central re-
search department, spent additional R&D funds.
In our continuing operations, we had an average of approxi-
mately , R&D employees in Germany and approximately
, R&D employees in about  countries outside of Ger-
many during fiscal , including the U.S., China, Austria, In-
dia, Slovakia, Switzerland, the U.K., Croatia, Sweden, Den-
mark, Mexico, and France.
Siemens now holds approximately , patents worldwide
in its continuing operations, compared to approximately ,
patents last year. In terms of the number of published patent
applications in calendar year , Siemens in total ranked
third in Germany and – for the first time in the company‘s his-
tory – first in Europe. In terms of the number of patents grant-
ed in the U.S., Siemens in total ranked ninth in calendar year
. This marked the first time since  that we were
placed among the top ten. By comparison, in calendar year
 Siemens occupied the third place in Germany, second
place in Europe, and th place in the U.S. Siemens employees
registered approximately , inventions in fiscal  – ap-
proximately  per working day.
R&D indicators

(in thousands) FY  FY 
Employees  27.8 27.2
Inventions 8.6 7.9
Patent applications 4.3 3.7
1 Continuing operations.
2 Average number of employees in fiscal year.
3 Number of inventions submitted by Business Units based on an internal reporting.
4 First filings as part of the inventions submitted to patent offices.
In fiscal , Siemens introduced Open Innovation, a new
approach to innovation that is the key to our future. With
this approach, the days of closed doors in the laboratory are
over. The aim of Open Innovation is to bring together the
world‘s best people from the fields of science and business.
Cooperations with top international universities and non-
university research institutes are essential for the research
and development activities of Siemens. An international
structure enables us to stay in tune with the times, recruit
the best people for our teams, and integrate various cultures
and research approaches into the organization. That is the
reason why Siemens enters into or maintains more than
, research partnerships every year with universities, re-
search institutes, and industrial companies all over the
world. The great variety of Siemens’ partnerships, networks,
and contacts has already led to the development of many in-
novations at our Company. In fiscal , the Open Innova-
tion approach has received awards all over the world.
Siemens was the winner among  competitors for the title
The European Most Admired Knowledge Enterprise (MAKE),
which is granted annually by the U.K.-based corporate con-
sulting company Teleos. Further, in  the Chinese busi-
ness magazine Global Entrepreneur honored Siemens’ Cor-
porate Technology in China as the best R&D center in the
country – for the third time in a row.
In addition, Siemens takes part in publicly funded research
programs sponsored by such organizations as the European
Commission, the German Federal Ministry of Research and
Education, the German Federal Ministry of Economics and
Technology, and the German Federal Ministry of the Environ-
ment, Nature Conservation and Nuclear Safety. Siemens re-
searchers have participated in hundreds of projects funded
by the European Union since . According to a current
R&D intensity
Research and development
expenses (in billions of €)
Research and de-
velopment intensity 
FY 2011 3.925 5.3%
FY 2010 3.558 5.2%
FY 2009 3.597 5.1%
1 R&D intensity is defined as the ratio of R&D expenses and revenue.