Siemens’ Next47 Puts Down Roots in London, Eyes Upstream Tech Opportunities

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German conglomerate Siemens has been hard at work reinventing itself in recent years – aiming to shake a reputation for worthy but dull industrial engineering, via a new threefold focus on automation, digitalisation and electrification under its Vision 2020.

Along the way it has snapped up software companies ($10 billion-worth in the US alone), including Polarion, Camstar and eMeter, with one high profile recent B2B technology acquisition being low code application specialist Mendix last summer.

Yet the company has also been looking at opportunities earlier in companies’ life cycles, teasing out new technologies and teams at

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