Yokogawa Electric Corporation and Web Synergies Collaborates on Solutions and Services for Internal and External Digital Transformation (Dx) Engagements
October 19, 2021 at 08:15 pm EDT
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Yokogawa Electric Corporation and Web Synergies (S) Pte. Ltd. announce that Yokogawa Electric has invested in Web Synergies, a Singapore-based company that provides IT and operational technology (OT) /IT solutions. Yokogawa and Web Synergies have been successfully collaborating on solutions and services for internal and external digital transformation (DX) engagements for more than ten years. This equity participation will enhance this collaboration and complement Yokogawa's DX engineering capabilities to support regional and global growth with IT and OT/IT driven portfolios and the shift to the cloud. Web Synergies will also continue to strengthen the value identification and delivery of Yokogawa's DX engagements. This agreement will enable Yokogawa to expand its DX operations by leveraging Web Synergies' expertise and capacity to deliver cloud services, enterprise data management and integration, and OT /IT security enhancement to its customers.
This agreement will also allow Web Synergies to accelerate its geo-expansion plans via its initiative to strategically establish its operations in Japan, the Middle East, Europe, and North America. These offices will act as centers for business development as well as to drive training programs and develop superior OT /IT talent, thereby enabling digital transformation operations to easily access a large pool of fully qualified professionals.
Yokogawa Electric Corporation specializes in design, manufacturing and marketing of electronic equipments. Net sales break down by family of products as follows:
- automation and control equipments (90.4%): industrial control systems, production control systems, flow meters, industrial recorders, etc.;
- measuring and test equipments (6.9%): semiconductor tests equipments, analyzers, digital counters, electricity, temperature and pressure measuring instruments, scanners, oscilloscopes, tachymeter, altitude indicators, integrated display systems, etc.;
- other (1.7%): marine equipments, meteorological and hydrological measuring instruments, etc.
Net sales break down geographically as follows: Japan (32.2%), China (14%), India (3.6%), Asia and the Far East (15.7%), Middle East and Africa (11.2%), North America (8.9%), Europe (8%), Russia (3.8%) and Latin America (2.6%).
Yokogawa Electric Corporation and Web Synergies Collaborates on Solutions and Services for Internal and External Digital Transformation (Dx) Engagements