WELCOME TO BUSINESS
AS UNUSUAL
next47 partners with innovative start-ups to disrupt the norm and develop the next big thing. We empower start-ups with the energy and resources provided by our dynamic Siemens ecosystem. We’re looking for the next ingenious companies to partner with in Electrification, Automation and Digitalization – Together we can make the future of industries easier, more reliable and more scalable.

OUR EDGE

At next47, we take today’s emerging innovations and combine them with the unparalleled advantages of Siemens to create future businesses. Built on a vast and dynamic ecosystem, Siemens is a global technology leader. And it’s all yours to rely on. We simplify Siemens for you and offer the exact benefits you need to quickly move forward. next47 provides promising new companies with access to global markets and customers in more than 200 countries, cross-industry networking opportunities and the expertise of experienced Siemens specialists.

In addition, we offer: deep vertical know-how, fast prototyping, access to real data to test your algorithms, real use cases and global access to Siemens customers. Plus, our network of more than 200 manufacturing facilities around the world is ready for you.

  • 33,000
    Researchers
  • 17,500
    Software developers
  • 400
    Patent experts
  • 200
    Active in countries

TO BRING THE BOLDEST IDEAS TO LIFE, WE COMBINE A FOCUSED, FAST AND FLEXIBLE CULTURE OF COOPERATION AND UNPARALLELD BENEFITS FROM THE VAST SIEMENS ECOSYSTEM – AN OFFERING UNMATCHED IN THE MARKET.

We are creating the optimal collaborative environment to turn great ideas into viable businesses. Our dedicated team of experts forms a bridge between the start-up world and the Siemens ecosystem. On one side, high levels of flexibility and independence. On the other side, a strong customer base, stability and financial strength.

We operate on an innovative mindset, thirst for action and courage to take new approaches. That's how Werner von Siemens built his company more than 170 years ago.

 

 

  • 20
    Years of experience
  • 180
    Successful cooperations
  • 7
    Offices globally
  • 150
    next47ers ready to disrupt
OPEN UP TO GLOBAL RESOURCES AND LOCAL FOCUS

OUR APPROACH

Every breakthrough idea is unique. So every next47 partnership is unique, too. As venture capitalist, coach and adviser, we have the flexibility to form smart collaborations that lead to mutual success. We believe anyone can spark innovative progress – and we’re ready to join forces with great ideas, people and companies.

  • Approach: Capital
    Capital

    next47 provides smart resources and valuable capital to help start-ups expand and scale. We are growth investors, always working closely with entrepreneurs, CEOs and venture capitalists. next47's fast and focused way of operating is a perfect fit for the VC ecosystem.

     

     

  • Approach: Catalyst
    Catalyst

    next47 is a catalyst for growth. No matter what stage a start-up is currently in, we can accelerate growth by making it easy to access and use the powerful Siemens ecosystem. next47 connects start-ups to Siemens’ customers, domain expertise, technological know-how and commercial opportunities. We purposely keep this innovation ecosystem small, and hand-pick the right strategies and innovations, so partners can focus on their businesses.

     

     

  • Approach: Create
    Create

    next47 serves as the creator of next-generation businesses for Siemens. To that end, we use all available options: we build, buy and partner to enable tomorrow’s successful and profitable companies. Our start-up partners can enhance their technologies and become part of the Siemens family. Customers worldwide then have access to products and services that improve their lives and businesses for the long term.

WHERE WE SEE THE GREATEST POTENTIAL

OUR INNOVATION FIELDS

At next47, we look at the big picture when it comes to future opportunities in Electrification, Automation and Digitalization. We believe that these areas will be shaped by the technologies within our five innovation fields: Artificial Intelligence, Autonomous Machines, Blockchain Application, Connected (E-)Mobility and Distributed Electrification. We see these innovation fields as key drivers on the way to next-generation intelligence. 

During the past half century, pervasive computing has given innovators around the world amazing technologies such as the cloud, smart devices, endless access to computing, limitless storage and nonstop connectivity. This pervasive computing will be the foundation on which next47 creates and fosters next-generation intelligence. We want to ensure the intelligence and functionalities innovators use will continue to move outside of the machines and into a more digital world. The software is the major player that makes these technologies intelligent and game-changing. And it’s the driver of tomorrow’s fully connected smart world.

Together with our start-up partners, the technology we need to shape and disrupt our innovation fields is at our fingertips. This will boost our impact on industries, enhance businesses and create entirely new markets.

  • Artificial Intelligence
    Artificial Intelligence

    The next frontier of Artificial Intelligence

    Software makes automated decisions everywhere by using Artificial Intelligence (AI). Applications based on AI will redefine many industry products and services. Our mission today is to seize the opportunities offered by digital trends for industrial application areas and to turn them into business.

    The current boundaries of broad application areas are now being tested by thought experiments in research and in the design of prototypes. Future developments in AI will be achieved at the same fast pace. There are two main reasons for this: technological progress and an expanding open innovation culture to further improve well-performing algorithms.

    The accuracy of automated image recognition has leaped from about 70 percent in 2011 to more than 95 percent today, putting it on par with human beings. This tremendous progress is largely due to deep learning methods. Here, complex algorithms are used in multilayered neural nets that learn, on the basis of huge volumes of data in a training phase, create patterns on propositions and apply these new findings to new images. One strength lies in the simultaneity of mathematical operations, which are highly suited to deep learning tasks.

    Currently, the capability of machine learning relies on large amounts of training data. But research into more efficient algorithms is in full swing. Predictive or real-time-learning algorithms will be the next big thing. Another accelerating factor of AI is the knowledge openly shared by large IT as well as Internet companies closely interacting with academia.

  • Autonomous Machines

    The future will be automated

    Autonomous Machines are rapidly increasing their capabilities. They handle demanding tasks without detailed programming and human control and coordinate their actions among themselves. Broad deployment of these devices will reduce installation and setup costs, significantly shorten the time to market for new products and play a key role in implementing the Fourth Industrial Revolution.

    Autonomous robots will make decisions and act on their own. No matter whether we are talking about industrial robots, service robots or drones, each of them can capture and process information in a changing environment. Nonetheless, the remaining challenges are huge. In their interactions with humans, robots will need systems that will enable them to recognize hazardous situations and vacate production lines. Another challenge is the complexity of mechanical systems. Making a robot that is almost as flexible as a human being is a really tall order.

    Smart drones are another example. They find their own way and are equipped with cameras and imaging technologies. Soon, they will handle tasks that once required considerable technical effort and financial expense. These systems form the basis for other applications. To monitor pipelines, for example, mobile sensors must work with smart imaging analysis. Overlapping pictures of the pipeline's path will be sent directly to a pipeline analysis platform via a web interface. The resulting data is then used to create a geo-referenced 3-D surface model of the pipeline's route and to calculate the soil cover from the difference in height between the underground pipeline and the surface of the earth. This technology can also be used for other industrial applications, including the inspection of solar or wind farms, electricity grids, water pipelines, buildings and transportation systems.

  • Connected (E-)Mobility
    Connected (E-)Mobility

    Electric, connected and autonomous mobility

    The aspiration of decarbonization, noise reduction, lower accident rates and improved traffic flows will cause mobility to become electric, connected and autonomous. The challenges associated with self-driving vehicles and driverless subways that provide a synchronized passenger journey are being tackled by industry, start-ups and researchers in pilot projects, on proving grounds and in model cities. The results could be disruptive.

    The digital convergence of the road transportation system is under way. When it comes to communication with other vehicles, transportation infrastructure, buildings or traffic control centers, digital autopilots lower the risk of accidents with the help of sensors. Autonomous driving has been a key focus of major mobility players, both new and old, for a considerable time. Autonomous taxis and small buses could cover the "last mile" between a person's home and places like train stations – private cars would become largely superfluous in cities. Requirements for this change will include a new type of transportation infrastructure transmitting all necessary information directly to autonomous vehicle.

    Partners ranging from the automotive industry to energy production will have to work together to facilitate and standardize the practical use of e-mobility over long distances.

  • Distributed Electrification
    Distributed Electrification

    The boom of Distributed Electrification

    Distributed electrification technologies enable fundamental structural change in the areas of electricity generation, supply and distribution. These changes will be performed by a large number of market players, from major corporations and grid operators to regional alliances and private micro units.

    More renewable energy will be produced on a decentralized basis. Digital applications and services will affect all levels of the electrical system. "Smart" converters will be added to passive grid components such as switches and transformers. The number of power electronic converters used in the energy supply system will rise steeply. Because individual energy systems for electricity, heating and air-conditioning, gas and mobility are evolving into multimodal systems, the challenge is to enable different energy sources to interact in these systems. As power generation becomes more volatile through the use of renewable sources, new chemical storage solutions are required that will help to ensure supply stability.

    New storage technologies are needed, just like technologies that quickly charge batteries and mobile battery solutions. Batteries will not just be key players in the spread of e-mobility. They will also be increasingly used in ships powered by electric or hybrid drive systems.

    The next step is chemical storage systems that are particularly well-suited for storing huge amounts of energy over long periods of time. These systems can also use renewably produced power to convert carbon dioxide into valuable resources.

  • Blockchain Applications
    Blockchain Applications

    Chains of data blocks that may change the world

    Just as the internet revolutionized the way we generate and handle information, Blockchain Applications are capable of disrupting the way we identify, handle and trade physical assets that are represented in data blocks. Each blockchain consists of a series of data blocks holding a number of transactions.

    The blockchain guarantees the integrity of its data by using a system of consensus, powered either by computing (public blockchain) or by permission of access (private blockchain). It ensures complete immutability of data. Together with additional technologies like a distributed database, blockchain facilitates the efficient and tamper-proof transaction of value without using trusted third parties.

    The technology powers applications that were once previously unthinkable, such as decentralized currency (like Bitcoin), automated execution of smart contracts (Ethereum) or global independent and auditable proof of processes. As a result, blockchain has the potential to radically change many industry sectors.

    One potential field of application is the energy sector. Blockchain could provide answers to P2P energy trading, democratic data infrastructures that allow all stakeholders to optimize their businesses and proof of origin of electricity (e.g., renewable or fossil).

    Blockchain technology could also play a key role in IoT applications. For example, applications could secure direct interaction between autonomously operating machines. Shared vehicles could manage their availability and charge for their services. Moreover, blockchain is capable of monitoring whether machines are operating within their defined scope of action.

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OPEN UP TO NEW WAYS OF THINKING
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