TIME100 Most Influential Companies 2023: Siemens

t age 175, industrial-­technology powerhouse Siemens has its sights on the metaverse. Its Xcelerator platform, launched last year, includes digital-twin software to create photorealistic virtual versions of real-world manufacturing facilities. Companies are using Xcelerator to speed up production of electric vehicles, improve battery-cell manufacturing, and reduce factory carbon footprints. Siemens also has a multiyear contract with the U.S.

. The “industrial metaverse,” says CEO Roland Busch, “has the potential to solve many real-world ­problems.”

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