Siemens and Grundfos Partner in Digital Deal
05 November 2019
Grundfos, a leading pump manufacturer, and Siemens, a leading supplier of systems for power generation and transmission, recently signed a digital partnership framework for strategic cooperation to tackle global water challenges and save energy.
The partnership is based on complementary portfolios and will support customers in digital transformation and in the implementation of intelligent solutions. The new long-term digital partnership focuses on water and wastewater applications, industrial automation and building technology.
“We are delighted to be extending our collaboration with Grundfos,” said Klaus Helmrich, member of the managing board of Siemens AG and CEO of Digital Industries. “Our MindSphere open cloud-based IoT operating system combined with Grundfos IoT solutions can optimize pump and motor schedules in order to maximize uptime and minimize energy consumption.”
“We are on a major digital transformation journey to supplement our pump solutions business by also becoming a digital solution and service provider. Partnering with Siemens is a big step in this direction,” said Mads Nipper, CEO of Grundfos. “Ten percent of all electric energy in the world is used by pumps. Through this partnership we can provide intelligent, efficient solutions for reducing energy consumption.”
Image credit: Siemens and Grundfos