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Flender/Flender Gear Units/Bevel-helical speed reduction gearbox B3

s such as Microsoft and SAP strength-ened Siemens position on the application market. Corporate restructuring enhances competitiveness Siemens continued to focus strongly on devices for end users in the home and office. These operations were incorporated into company known as Siemens Home and Office Devices. Siemens mobile handset business was sold to BenQ Corporation of Taiwan. The future Siemens extensive expertise places it unique posi-tion to develop new services spawned by the major increase in the spread and speed of broadband con- nections. Work continues on developing next generation networks (NGN) and services. start has already been made on replacing the first local switching centers with IP technology. The replacement of existing ADSL broadband technology with IP-based solutions also generates new opportunities. The mobile communication market is looking for other competitive edges besides price. Advanced ser-vices require new technologies and solutions. Machine-to-machine communication, in which Siemens is global market leader, is also growing in Finland. IT and communications purchases are increasingly decided as single concept. Data security and services are gaining in importance. Siemens strength lies in its in-depth insight into this concept, and its comprehen-sive suite of hosting and outsourcing services. 3Business Services There was moderate growth in the Finnish IT market during the year under review. The demand for IT solu-tions and services was affected by customers needto enhance business operations, efficiently integrateoperational processes with IT systems, and the needto cut costs. Siemens continued to invest in further building on its excellence in its strong business areas: the forestindustry, public administration, telecommunications,and industry. We offer enterprise resource planningsystems, information management, procurement,logistics and customer relationship management solu-tions, systems integration, infrastruc