Doing business in times of digital transformation requires successful companies to be agile, innovative and keenly focused on changing markets and customer needs. It is in this spirit that Siemens is implementing its Vision2020+ strategy – setting the course for long-term value creation through accelerated growth and stronger profitability with a simplified and leaner company structure. The implementation of the new structure went live on April 1, 2019 and gives Siemens’ individual businesses significantly more entrepreneurial freedom under the strong Siemens brand in order to sharpen their focus on their respective markets.
In this context, Siemens Financial Services (SFS) has adjusted its setup to further improve our service level to our customers, scaling our global expertise for local markets by better organizing the way we serve our stakeholders. With this new setup, we are better equipped to address our customers’ specific needs, use resources more efficiently and continue to build on the close collaboration we already have with our worldwide customer base. In short: We strive to be faster, more flexible while continuing to provide innovative solutions to address the capital needs of our clients.
How finance helps shape the future
Finance is one of the most important aspects of any business. Not only is finance a good indicator of the health of the company overall, but it also holds an important role in managing business growth. Whether growth is attributable to a larger market capitalization, an increase in employees, a new location, a new product or service offering, or a new demographic, finance is the enabler of such opportunities.
Using the potential of finance is essential for all businesses, big and small. But financial services companies can provide more than just the funding needed to acquire the latest technology or the capital necessary to complete a new acquisition.
In order to help shape the future business landscape, financial services companies, such as Siemens Financial Services (SFS), are adopting a more market-specific approach to working with customers across a wide variety of industries. This means helping customers evaluate risk and customizing the best financial solution to address their specific needs.
Taking global solutions to the local level to best serve customers
The ability to leverage SFS’s global expertise is a true value-add for our local customers.
Delivering the innovative and comprehensive solutions SFS has successfully developed on a global scale – across industries, products and markets – our team is ready to bring these offerings home to the local markets where we operate.Anthony Casciano, CEO of Project and Structured Finance Debt-Americas for SFS
Focused on the future
How financial services companies stay strategic in an ever-changing market will determine how successful they become.
Building on the strong existing foundation of pride and achievement working with our customers sets us up for the future. Now we look to translate our solution-driven approaches for our local markets.Siobhan Smyth, Head of Project and Structured Finance Debt Europe / Asia for SFS
Entrepreneurial spirit is alive and well
Nurturing a more entrepreneurial spirit to find opportunities will ensure the best solution for our customers.
SFS continues to identify where there is both the need and ability to leverage our financial solutions while maintaining our strong risk diversification and judicious risk culture.Steffen Grosse, CEO of Equity Finance for SFS
The next wave is digital
Processes and revenue streams are constantly evolving to maintain continued satisfaction for customers and shareholders. That means trying new things.
We are committed to embracing solutions that provide customers with the most effective solutions as quickly as possible. That often means digital solutions such as services, projects, systems, platforms, and tools that ultimately create value from customer demand.Matthias Grossmann, CEO of Commercial Finance for SFS