Siemens Says Industry’s Demands Keep It Safe From AI Disruption

Siemens AG sees artificial intelligence as less of a threat to its software business than some peers because it’s difficult to meet the high standards of industry processes covered by its products.

Buyers of Siemens’ industrial software and AI offerings — including automakers or drugs companies — don’t have room for error on products they make, which will ensure long-term demand, according to Cedrik Neike, who heads the firm’s Digital Industries unit. The division is one of the world’s largest automation businesses, spanning machine controls and factory simulation software used to create digital twins.