© Siemens

In Digital Factory, there was strong volume growth across the businesses and, according to Joe Kaeser, an "outstanding performance in the short-cycle businesses", which continued to benefit from a favorable market environment - particularly in the automotive and mechanical engineering industries. The product lifecycle management software business grew very strongly due to strong demand and additional volume from the acquisition of Mentor Graphics. From a geographical perspective, the volume growth came from all reporting regions, with very strong growth in China and strong growth in the USA.