For Timo Nentwich, the numbers paint a picture—but innovation writes the story. As Executive Vice President and CFO of Siemens Industry Software, Nentwich has spent nearly two decades guiding one of the world’s most advanced industrial technology powerhouses. Now, as the industry stands on the brink of a transformative shift, Nentwich is ready to lead the charge.
“In the past, digitalization, virtualization, and simulation were mainly explored by large enterprise customers,” Nentwich says. “But in the future, these benefits will become essential for mid-sized and small companies, including startups.”
This marks a turning point for industrial software. Where once only industry giants could afford cutting-edge digital tools, smaller manufacturers and emerging businesses are now getting access to the same game-changing technologies—tools that can optimize production, slash costs, and accelerate innovation.
A Career Built on Precision and Progress
Nentwich’s journey at Siemens began in 2004, a time when industrial digitalization was still in its infancy. Over the years, he has been at the helm of Siemens’ evolution into a global leader in smart manufacturing and automation software. His financial acumen has been instrumental in aligning the company’s strategies with the relentless march of technology.
But for Nentwich, it’s never just about the bottom line. It’s about unlocking potential—whether for global corporations or nimble startups. By connecting the dots between finance and innovation, he ensures Siemens Industry Software remains a key player in shaping the future of manufacturing and engineering.
Bringing Big Tech to Smaller Players
Under Nentwich’s leadership, Siemens Industry Software is widening its focus, extending its reach beyond massive enterprises to empower mid-sized businesses and startups. This approach mirrors a broader industry trend: democratizing technology so companies of all sizes can tap into the benefits of automation, artificial intelligence, and digital twins—once the exclusive domain of billion-dollar firms.
For Nentwich, this isn’t just about business—it’s about reshaping an entire industry. “The future of industrial software isn’t about a few major players dominating the scene,” he says. “It’s about helping businesses of every size succeed in a digital-first world.”
As he looks to the future, one thing is clear: Timo Nentwich isn’t merely managing Siemens’ financials—he’s helping chart the course for the future of industrial innovation.
