News for Panel Builders

Siemens Mobility was recently pleased to announce that it is acquiring RailTerm, a Canadian based transportation company that is a major provider of rail services to railroads and transit agencies. This acquisition signals Siemens Mobility’s intent to grow its Canadian business. RailTerm’s familiarity across Canada’s entire rail spectrum will allow Siemens Mobility to expand its existing portfolio with on-the-ground track and signaling, electrification and communication systems.

Siemens and the automotive and industrial supplier Schaeffler cooperate on intelligent diagnostics for drive systems. Through this collaboration Siemens combines its IIoT platform Sidrive IQ with Schaeffler’s decades of experience and expertise in designing, manufacturing, and servicing bearings. Sidrive IQ integrates a number of functionalities into one seamless solution and augments drive systems with AI-based analytics and digital content.