Siemens wants to be at the cutting edge of several important technology and innovation fields, the so-called Company Core Technologies (CCTs). In fact, the CCTs have been determined to be critical for Siemens’ long-term success and of its customers. What’s more, they overlap in their relevance for Siemens’ Divisions – that means a CCT is meaningful nearly for every Division. Around €500 million of the company’s R&D expenditures in the current fiscal year have been earmarked for the CCTs. Expertise for the CCTs comes from Corporate Technology (CT), Siemens’ central R&D department, and from the individual businesses. In that way, the company’s R&D efforts are bundled.