If a technology innovation has the potential to impact the Siemens $100 billion global business*, TTB has the know-how, experience and resources to make it a success.

Combining innovation, business development, and entrepreneurship, TTB has a unique approach for creating innovative businesses.

How does it work?

•	We identify innovative people and raw technologies outside Siemens, so-called “open market innovations,” and offer flexible ways to work with entrepreneurs or nascent start-up companies
•	We develop raw technologies into viable product innovations with the support of Siemens business domain expertise.
•	We build prototypes of product innovations, and validate the business opportunities they represent using Siemens’ marketing strength and customer base.
•	We support Siemens business units to further develop prototypes into new Siemens products or to work with start-ups as suppliers, customers and partners.

The results

Since its inception in 1999, TTB has proven that its model works with a successful track record:

•	7 technology innovations have successfully become new Siemens products. For example, SCALANCE W and TD 200C
•	8 start-ups co-founded or seed-funded by TTB, received external financing. These companies continue to work with Siemens in various partner relationships.

* Automation & Control, Information & Communication, Medical, Power & Infrastructure, Rail Transportation and Services.