Siemens and Grundfos have signed a digital partnership framework for strategic cooperation between the two companies. The focus is on developing water and wastewater applications, industrial automation and building technology. The contract was signed at Grundfos’ Headquarters in Bjerringbro in Denmark.
In a statement about the agreement, Grundfos says that customers of both companies will benefit since the agreement creates synergies between the two companies’ complementary portfolios and competences that extend beyond the sum of their parts.
“Through this partnership we can provide intelligent, efficient solutions for reducing energy consumption, making a substantial difference when it comes to combatting climate change,” says Grundfos’ CEO Mads Nipper.
“Our purpose is to pioneer solutions that contribute to solving the world’s water and climate challenges. To live up to that purpose, we are on a major digital transformation journey to supplement our pump solutions business by also becoming a digital solution and service provider. Partnering with Siemens is a big step in this direction,” he adds.
Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO of Digital Industries says:
“Siemens and Grundfos are combining the competences of both companies in order to support our joint customer base in their digital transformation and in the implementation of intelligent solutions. Solutions from our Digital Enterprise portfolio can be used, for example, to increase the uptime of pumps and motors and to optimize their operation.”
He explains in more details, that Siemen’s MindSphere open cloud-based IoT operating system combined with Grundfos IoT solutions can optimize pump and motor schedules in order to maximize uptime and minimize energy consumption.
“MindSphere can be used to acquire data and knowledge, which enables us to operate buildings in a more user-friendly and efficient way.”
Grundfos is one of the world’s leading pump manufacturers with an annual production of more than 17 million pump units. As ten percent of all electric energy in the world is used by pumps, it will clearly have a major impact on the global environment if this deal can provide more energy efficient pumps and smarter pumping solutions for various applications across diverse segments including domestic and commercial buildings, industries, water utilities (water and wastewater management) and pumps running on renewable energy.
Grundfos itself aspires to be Climate Positive by 2030. The company aims to halve its own water consumption by 2025. The company has estimated, that by 2030, Grundfos will have contributed to providing safely managed drinking water to 300 million people. At the same time, through water efficiency and water treatment, the company will have saved 50 billion cubic meters of fresh water, the statement says.