Siemens Business Services (SBS) was started in 1995 primarily to provide services to its parent company Siemens AG by operating Siemens' data centers.

The Munich, Germany-based has since expanded to offer a range of services to enterprises across different sectors, and its core businesses include business solutions, outsourcing and IT infrastructure services.

The outsourcing giant employs 34,350 people globally and is present in 42 countries around the world.

SBS is also focusing heavily on RFID (radio identification) technologies, and has partnered a German healthcare provider to use RFID to identify patients and to track blood supplies.

In January 2007, Siemens will bundle its worldwide IT solutions, IT services and software activities. The activities of Siemens Business Services (SBS) will be pooled into one Group including four software development entities--Program and System Engineering (PSE) and Siemens Information Systems Ltd. (SISL), Development Innovation and Projects (DIP) and the Business Innovation Center (BIC).

Given its tasks and the geographic distribution of employees, Siemens IT Solutions and Services (SIS) will be handled from Munich and Vienna. Dr. Christoph Kollatz, currently the group president of SBS, will be the new group's president.

This company is listed in Services.