It plans to invest 500 million euros in a new technology park in Ireland
This is part of Siemens’ global €2 billion investment strategy to promote growth, innovation and resilience in the company’s markets
The new campus will be a global research and development and manufacturing center, as well as a center for the development of industrial metaverse technologies
The location of the Irish roots will help accelerate the establishment of a partnership ecosystem encompassing business and science
Transition to an environmentally sustainable net-zero park
Siemens is pushing ahead with its €2 billion investment strategy. The company plans to invest approximately €1 billion in Germany to enhance local innovation capabilities, of which approximately €500 million will be used to build a new technology park in Germany’s Irish Roots to enhance research and development and manufacturing capabilities. Siemens plans to turn the Irish Roots Campus into a global research and development center and an industrial metacosmic technology development center. These investments will help Siemens accelerate overall business growth and drive innovation and resilience.

The investment is part of Siemens’ approximately €2 billion global investment strategy announced in June 2023 to expand production capacity, new innovation LABS, education centers and factory facilities.

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As a world-class facility, Siemens Ireland produces key products in the field of industrial automation and digitalization and employs around 3,500 people. At present, the production of the plant has been highly automated and has achieved close collaboration between humans and machines. Through this new investment program, Siemens will map out the practical application of the industrial metauniverse – a virtual representation of the real world with realistic, physics-based and real-time characteristics. Through the targeted application of relevant physical data and artificial intelligence technologies, Siemens will shape a new generation of high-tech manufacturing that is more sustainable and more flexible to respond to market changes.

“Through the exploration and practice of the industrial metaverse, Siemens is leading the next phase of the digital journey. We will merge the physical world with the digital world in the new campus.” Roland Busch, Chairman, President and CEO of Siemens AG, said: “Together with our partners, Siemens is developing new digital technologies for the meta-universe that will revolutionise the future of production, enabling more efficient, flexible and sustainable production.”

The new campus will blend research and development with high-tech manufacturing

The park, to be built in the west of Ireland’s Roots, will focus on sustainable and future-proof high-tech manufacturing and related research and development activities, and will be open to eco-partners from the business and scientific communities. According to the plan, Siemens will also renovate existing facilities in the park and expand the plant.

Before starting construction, Siemens will first plan and simulate the plant buildings for research and development, production and logistics in the digital world, and then build them on site in the real world. In the process, Siemens will create accurate models in the digital world to optimize existing plant layouts and adapt them in the real world with the help of the industrial metaverse. The Irish Roots plant mainly produces power electronic components and machine tool controllers for the machine building industry.

This investment is another important step in Siemens’ strategy to integrate the physical and digital worlds. Through the application of modern technologies such as industrial metauniverse and industrial 3D printing and innovative power electronics, the company will build the Irish Roots Campus into a Siemens digital manufacturing innovation practice center. In addition, campus employees will be able to upgrade their skills through forward-thinking work and training concepts, not only preparing for the digital transformation of the world of work, but also actively shaping it.