Siemens IT Solutions and Services, Inc.

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Siemens IT Solutions and Services, Inc. - overview

Established

1847

Location

Norwalk, CT, US

Primary Industry

Business Support Services

About

Siemens IT Solutions and Services, Inc. provides advanced technology solutions aimed at enhancing operational efficiency for industrial sectors, focusing on automation, AI, and digital transformation services. Siemens IT Solutions and Services, Inc. specializes in delivering comprehensive IT solutions to enhance productivity for various sectors.


The company is based in Norwalk, US, and has undergone strategic changes to adapt to market demands. Previously, the company was acquired by Atos in July 2011, signaling a shift in its operational framework. Anthony Casciano serves as the CEO. Siemens USA specializes in a comprehensive range of advanced technologies that aim to revitalize U.


S. manufacturing and various industrial sectors. Their core offerings include automation systems, artificial intelligence (AI) solutions, and digital-twin technology, which collectively enhance operational efficiency and responsiveness to market changes. Siemens' adaptive production solutions tackle challenges such as cost increases and supply chain disruptions, enabling manufacturers to optimize operations and customize outputs for specific market demands.


Key industries served by Siemens encompass manufacturing, infrastructure, and transportation, with a diverse client base spanning all 50 states and Puerto Rico, and their products are also utilized in international markets, adapting to regional requirements and technological standards. Siemens generates revenue through a B2B model, primarily engaging with industrial clients who require sophisticated automation and digital transformation technologies. Transactions involve long-term contracts or partnerships, where clients procure solutions tailored to their operational needs. The company’s revenue structure includes various product lines, such as Siemens Xcelerator—a digital business platform for seamless digital transformation—alongside automation systems and AI applications.


These offerings are strategically priced to reflect their high value in enhancing productivity and sustainability for clients. Established relationships with customers and ongoing investments in new technology solidify Siemens’ position in the market, driving consistent revenue streams from its flagship products and services. Siemens IT Solutions and Services, Inc. is focusing on expanding its product offerings, including new automation solutions designed for launch by the end of 2021.


The company aims to penetrate additional markets in Europe and Asia by 2023, leveraging its existing technological capabilities to cater to regional needs. The strategic acquisition by Atos has positioned Siemens to utilize its resources effectively to support these initiatives, enhancing its market presence and service capabilities.


Current Investors

Primary Industry

Business Support Services

Sub Industries

Consulting Services

Website

www.usa.siemens.com

Verticals

IoT (Internet of Things)

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Siemens IT Solutions and Services, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSiemens IT Solutions and Services, Inc.-

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