Siemens Corporate Technology Network of Competences – Partner for Innovations Research and development (R&D) is a prerequisite for technological innovations and for future-proofing a company. This has been true for Siemens ever since the company was founded over 150 years ago. Siemens now employs more than 47,000 researchers and developers worldwide. This figure represents more than 10% of all the company's employees. They work on the development of innovative products, systems, and services, which help to secure existing business and tap into new markets. In the 2004/05 fiscal year, Siemens spent 5.2 billion euros for this purpose. That represents 6.8 percent of the company's turnover, or about 23 million euros per working day. With more than 2,500 employees worldwide, Corporate Technology has a leading role to play within Siemens’ R&D operations. It acts as an international network of competencies and a worldwide partner for innovations for the Siemens Groups and Regional Companies. On the one hand, Corporate Technology employs its Corporate Intellectual Property and Functions Division to perform key tasks, such as ensuring that the company's R&D successes are safeguarded from competitors. For example, Siemens filed more than 8,800 invention applications and submitted approximately 5,700 patent applications in the 2004/05 fiscal year. On the other hand, Corporate Technology makes its own contribution toward securing the company's future technological leadership and increasing its compositeness through R&D activities in Germany, the U.S.A., the U.K., China, India, Russia, and Japan. Work is organized in five Technology Divisions that are focused on more than forty core technologies, each of which has high strategic impact for the company. Siemens Corporate Technology-India Siemens AG in collaboration with Siemens Information Systems Ltd. (SISL) has set up its high-end research and development unit, Siemens Corporate Technology Laboratory (SCT Labs) at Bangalore, India in another step towards spreading its global network of innovation. Significantly, the new SCT Labs in India is only the sixth such research lab that Siemens runs globally. INTERNSHIP Location SCT Labs, Bangalore, India We are looking for two techno-entrepreneurs with a passion for technology and business to do landscape studies to determine the appropriate technologies to be developed in India for: 1) energy 2) water In the water sector the study will have to recommend appropriate technologies to be developed taking into consideration the demand from the vast millions who have no access to clean drinking water. The technologies should be robust and affordable. In the energy sector the study will have to look at disruptive power technologies for generation, transmission and distribution using resources available in India. The report will include the future potential in India for conventional energy sources, renewable energy, alternate fuels and new technologies. The report should also include how efficiencies can be significantly improved in the present system. For both the above assignments we expect technology-centric reports.