Over 150 years of innovation have made Siemens a world leader in electrical engineering and electronics. Today, our global presence is embodied by over 440,000 employees in over 190 countries. Wherever you are, we're within easy reach.
Our product offering includes 50,000 product families and approximately 1 million products. In everything that we do, we aim to benefit mankind, help protect the environment and utilize resources responsibly.
Siemens is a highly innovative company - roughly 80 percent of our products have been developed over the past five years. Siemens has over 49,000 employees engaged in research and development worldwide, and our annual R&D budget exceeds EUR 5 billion.
Our goal at the start of the millennium is to boost profitability even further and increase company value - for our customers, shareholders and employees. Driven by this goal, we launched the Ten-Point Program in 1998 for achieving sustainable growth in profitability, which has progressed rapidly. We will continue to push the program forward, point by point, until early 2001, when Siemens will be listed on the New York Stock Exchange (NYSE).