Siemens and Covestro Germany announce strategic partnership for digitization solutions

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  Siemens and Covestro Germany announce strategic partnership for digitization solutions

8. June 2018 – Siemens AG and Covestro Deutschland AG have signed a joint business development plan to further strengthen their long-standing, trusting partnership in the area of ​​digitization.

The diversity of topics ranges from the continuous development of production technologies to the piloting of ideas that shape the digital landscape of both companies.

One focus of the collaboration is to increase the availability of all assets in a plant and to give local employees decision support for their work. The aim is to make the systems more reliable through products and services and to predict developments in the state of the equipment.

Analytical methods are now available through the open, cloud-based IoT operating system from Siemens, MindSphere. Data and metrics are collected on this platform, brought into a meaningful context and intelligently linked in data models. Intelligent data applications provide support for operation and maintenance. New options are available through Siemens data analysis and simulation methods. On this basis, the partnership will explore and evaluate various applications.

Siemens develops predictive process data models for manufacturing that minimize, among other things, breakdowns; Other developments include mobile field devices and software solutions that can communicate with process technology and control and management systems. In addition, Covestro Deutschland AG will present its know-how in the areas of process technology and production for the development of joint marketing solutions.

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