Siemens employs over 379,000 staff members in 200 countries, in 2018 the company generated revenues of 83 billion euros. Innovations have always formed the basis for Siemens’ success. In fiscal 2018, Siemens spent approximately €5.6 billion on research and development. They are developing new technologies in all business fields and bringing them to market. The company also holds more than 56,100 patents along with partnering with 1,000 universities, research institutes and other organizations around the world, to help develop and extend its product range.