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Siemens Sees Industrial App Store Sales Doubling in Tech Push

Siemens Sees Industrial App Store Sales Doubling in Tech Push
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Siemens Sees Industrial App Store Sales Doubling in Tech Push Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains is stopping short of disclosing concrete figures that would track its progress of turning into a tech-led company. Best known for its factory automation systems and power-grid equipment, Siemens is increasingly steering customers toward the store, called Xcelerator. It bundles the company’s software...

Siemens Sees Industrial App Store Sales Doubling in Tech Push Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains is stopping short of disclosing concrete figures that would track its progress of turning into a tech-led company. Best known for its factory automation systems and power-grid equipment, Siemens is increasingly steering customers toward the store, called Xcelerator. It bundles the company’s software offerings with third-party products and selected hardware such as Siemens’ new Vectron X locomotive.
Siemens Sees Industrial App Store Sales Doubling (ORG) Tech Push Siemens Sees (ORG) Tech Push Siemens AG (ORG) Siemens (ORG) Xcelerator (LOCATION) Vectron (ORG)
Originally published by Bloomberg Technology Read original →