Press Release - May 17, 2018
Tokyo, Japan - May 17, 2018
Yokogawa Launches amnimo Inc.
- Development of new services that will leverage our IIoT architecture -
Yokogawa Electric Corporation (TOKYO: 6841) announces the launch of amnimo Inc., a business unit that will be tasked with identifying, developing, and offering services that can add value by leveraging the industrial IoT (IIoT) architecture currently under development by Yokogawa. The first of these services are scheduled to be rolled out later this year.
Objectives of Launching this Company
In November 2016, Yokogawa set up a new division on the U.S. West Coast, Architecture Development Division California, to develop a robust and flexible foundation for the provision of new IIoT services. Based on a collaboration agreement that Yokogawa concluded in February 2017, this division began partnering with Microsoft and other leading IT companies to develop a secure and easy-to-use IIoT architecture for customers.
The launch of amnimo Inc. to identify, develop, and deliver IIoT architecture-based solutions is one of the measures that Yokogawa is taking under its new Transformation 2020 mid-term business plan to enable its customers to achieve a transformation in their businesses. By simplifying their business processes, the company will be able to speed up decision making and respond promptly to swift changes in the market environment. Also, it is expected that this company will be able to build strong relationships with customers and partner companies in various fields by working closely with them to co-create IIoT technology solutions that deliver new forms of value.
The Company Logo
Company name: amnimo Inc.
Location: Naka-cho 2-9-32, Musashino-shi, Tokyo, Japan
President & CEO: Koichi (Casey) Taniguchi
Capital: 90 million yen (wholly owned by Yokogawa Electric Corporation)
Formed: May 17, 2018
Business: Offering of IIoT architecture-based services
Yokogawa's global network of 113 companies spans 60 countries. Founded in 1915, the US$3.5 billion company engages in cutting-edge research and innovation. Yokogawa is active in the industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. Targeting this segment, Yokogawa helps companies maximize their profits by offering a wide range of highly reliable products and working with the subsidiary KBC Advanced Technologies to provide premium solutions and services. For more information about Yokogawa, please visit www.yokogawa.com.
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