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Peter Koerte

Member of the Managing Board, Chief Technology Officer and Chief Strategy Officer, Siemens

Search every verified Peter Koerte interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Peter Koerte, Chief Technology and Strategy Officer at Siemens, participated in a panel discussion on March 30, 2026, alongside KION CTO Rob Smith and OHB CTO Christina Wagner, focusing on industrial AI, digital twins, and data ecosystems. Koerte stated that the major difference between industrial AI and consumer-oriented large language models is the data challenge, noting that industrial data, unlike language found on the internet, is not publicly available. He argued that no single company has enough data to build the next generation of frontier models for the physical world, and that the only way forward is to build open data ecosystems through partnerships where companies exchange data while protecting intellectual property. Koerte described the partnership with KION and OHB as a way to combine domain expertise and datasets, with Siemens helping to encapsulate that knowledge in models that can be scaled universally. He expressed the belief that Europe has a global advantage in domain knowledge, and that by combining it with trusted partners to build an industrial foundation model, the region can scale it faster than others. Koerte also noted that space and aerospace companies face challenges in designing systems for flexibility and making them software-defined and AI-capable, as assets in deep space are not easily adaptable.

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“I overlook all our investments at Siemens around the world and there's very very few places where you find an economy of the size of India growing at 7% of GDP and right now everybody is expecting that to stay on. So of course the future shall we say is absolutely looking bright for India to come.”

“we always say regulate as little as needed when it comes down to the industrial space for the very reason that our customers are completely self-sufficient in a way that they are grown up and they can make their decisions and we have contracts in between that govern of course the services we provide to our customers so therefore it's a different conversation than you have the conversation with consumers”

“India has tremendous potential as you know uh a population of 1.4 billion people that has a demographic that's clearly in your favor because you have so many young energetic people that is clearly educated with regards to being able to communicate through the world in in plain language meaning English in that regard is is an outstanding advantage that you have as as a society and which is very very exciting to see an”

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