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Pioneer Company

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Submitted By gustay
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The pioneer company I have chosen for this assignment is Siemens. Siemens is a very successful German company founded in 1888 by Werner Siemens. It still remains as one of the world’s leading companies in the electronics sector, offering products in multiple industries as automation, lightning, medical and power. So it can be said that Siemens has overall a very high expertise regarding the electronic industry.
The founder was a very innovative engineer, who came up with numerous new ideas and inventions, including telegraphs and dynamos. Another major invention that keeps designing the world we know today are the innovations in the control command and signalling sector, also containing the radio technology. In the very beginning of this invention Werner Siemens set up multiple patents to secure his knowledge and to make competitors not copy his work. Therefore Siemens certainly is the pioneer in this industry. All over the world Siemens trains are being used when the requirements are an outstanding quality and durability. This is also one of the reasons why Siemens is dominating the control command and signalling market with a share of almost 30 per cent over the world.
To keep the current leading position Siemens need to constantly develop their products. This is definitely a very demanding task, since the technology has been around for a long time and coming up with new things become harder. There is a tendency towards offering less expensive sensors and receivers, for example in the RFID sector. A cheap receiving device brings new innovations, as the fully automated super markets into a closer range. This challenge is especially difficult since Siemens has established itself as a company offering the highest possible quality and the low cost companies from Asian countries have always been more focused on being the

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