Well, I'm really honored to have the CEO of Siemens, Roland Busch, on the podcast today.

Now, Siemens is the largest industrial manufacturing company in Europe,

and global leader in industrial automation and industrial software.

So really, really big.

We own 25 billion crooner worth of it, 5,000 crowner per Norwegian, 2% of the company.

Very welcome.

Good morning, Nikolai. If you were to kind of distill down, what is it that Siemens actually do? What's the most important thing that you produce? So this is the challenge

to explain because Siemens does a lot of things and we explain it that way that we say

Siemens transforms the every day of everyone. And we are really touching everybody's life.

But you have to look behind the scenes.

So we don't produce cars, but eventually every car which you see outside

was touched by Siemens technology, either in design phase, in the automation phase.

Actually, 30% of all automation works with Siemens automation technology.

So that's already one answer to your question, which is we are automating everything.

We automate manufacturing sites. Is it discrete or process manufacturing? We automate trains.

We automate buildings. So we automate grids. So this is one element.

The other point is talking about buildings, for example, building technology, you cannot walk a

block in New York without passing by a building which is automated by Siemens technology.

Eventually, roughly a little bit shy of 50% of the electrons which you consume or the world consumes is running through Siemens technology.

We are running a CADA system for whole countries.

We are automating grids, as I said.

We make electrical electrification in low-woldage products, medium-voltage products, for data centers, but also for national grids.

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