Siemens

“Working for Siemens has been probably one of the most important things I've ever done in my life because it kind of taught me what I don't want. It was, In so many ways, a strange company culture in the way that it felt exceptionally mistrusting of everyone, r…”

“General Electric or Siemens, they had great patents and technology, but what made them fortune 100 firms was execution, was project management.”

“The stat that caught my eye was that there's a hundred and fifty billion output a year that's lost in the US as a result of outages, right?”

“We've seen those capital costs go from You know, an early promise of something like 1500 dollars a kilowatt, buck 50 a watt, to now even over three dollars a watt of capital cost.”

“I think there'll be national champions and more of them, whereas Siemens GE and Mitsubishi are more than national champions.”

“National instruments, lab use Siemens, you know, massive software, industrial software conglomerates that I've had, you know, billion dollar businesses here for decades. Generally there's like a very low NPS for those products. Like people don't like them. The…”

“All the big equipment manufacturers have moved beyond innovative technology into maintaining and having service contracts on the equipment that they envisioned and is now 25, 30 years old. And they don't employ legions of young engineers That are out there doi…”

“Between the relaxation of emissions constraints and the rapid load growth that we've discussed innumerable times on this podcast before, perhaps the biggest winners are the companies like Mitsubishi, Siemens, and GE Vernova who make turbines. Of course, one re…”

“By the way, earlier when I said 24 different companies merged together to create Cerner, I forgot that this chart that I'm looking at predates when Cerner then bought Siemens. So then there's another 12 companies that had merged together to become Siemens that…”

“If you look at the incumbent electrolyzer producers they're the big industrials. I'm talking about companies like Siemens and ThyssenKrupp Cummins, who are not in the business of mercilessly driving cost out of their products, right? They're heavy industrial s…”

“There's one investment I remember doing early days of USVP, Where we did it at, I think, TenPost. And it was a three million dollar check for like 30% of the company. And that company, about a year and a half ago, the founder CEO, Steve Flagg, still a friend, …”

“It's worth billions. There's fifty-plus use cases depending on how you define a use case. There's hundreds of vendors in this space, from startups to conglomerates, the existing grid giants, Siemens, Schneider Electric, GE, etc.”

“I believe that it is Siemens or we have we have the customer, which is a public television in here in Czech Republic.”

“I sit on the board of Siemens and some of our processes that you could never have imagined that sales and service could be done remotely. And somehow everyone's figured out how to sell switchgear remotely.”

“Siemens, Bosch, SAP, Dassault System, and all those guys, they are all trying to get us to do better the part of what they used to do, but are losing contracts on.”

“Siemens has lots of telemetry data on wind turbines, and General Electric has lots of data, telemetry data on aircraft engines, and Transport for London has lots of touch-in, touch-out data on Oyster cards, and those are all different things, and you can't kin…”

“In the future, it's not going to be like the GE or Siemens doing all that with a proprietary solution, but it's, you know, many folks can contribute.”

“Like working for Siemens has been probably one of the most important things I've ever done in my life because it kind of taught me what I don't want. It was, In so many ways, a strange company culture in the way that it felt exceptionally mistrusting of everyo…”

“If you think back again, 15 years ago, none of the companies that kind of created cellular are in the handset business anymore. Like, none of them. They're all out of it. Like, Nokia, Ericsson, Siemens, you know, Motorola. All of those companies are out of the…”

“Also the type of scanner you're using, are you using a G or a Siemens or Toshiba or whatever they have different settings, And they have different ways of going from the measurements to an image. And so, you know, if you train an algorithm, for instance, a neu…”