From the “beware the wise little man in the sharp suit department…” this just in…
OSISOFT AND YOKOGAWA ELECTRIC SIGN MAJOR PARTNERSHIP AGREEMENT
Yokogawa Electric Adopts RtPM Platform as Basis of Total ETS Solutions for the Asian markets
San Leandro, CA (September 6, 2006) — Yokogawa Electric Corporation and OSIsoft, Inc. announced today they have entered into a major partnership to better serve industrial automation markets throughout much of Asia.
The partnership gives Yokogawa full use of a world-leading technology for real-time operational decision making and enterprise management, and expands OSIsoft strategic access in the fastest growing automation markets in the world. Yokogawa Information Systems Corporation has been an OSIsoft distributor since 1993. The expanded partnership between its parent company and OSIsoft now makes it possible for Yokogawa Electric to provide OSIsoft Real-time Performance Management (RtPM) Platform technology at the core of its Total Enterprise Technology Solutions (ETS). Yokogawa Electric plans to use Total ETS to expand its business area beyond its traditional industrial automation applications into the arena for enterprise performance management.
Under terms of the multi-year agreement Yokogawa Electric will provide the enhanced Total ETS solutions to the industrial automation sector in Japan, China, Korea and Taiwan, and will cooperate with OSIsoft to enhance localization of RtPM Platform products in its core Japanese market. Both companies will continue to work closely to provide users with localized, first line technical support in Japan.
As part of its marketing strategy for the new partnership, Yokogawa Electric is expanding development and support of its Total ETS offerings with an Intelligent Manufacturing Laboratory, an ETS Strategic Planning and Marketing group and an ETS Market Development effort. An RtPM/PI support group based in the Yokogawa Information Systems Corporation office will provide presales and technical support to Yokogawa customers, as well as training and quality assurance. To promote its strategy and support sales of the RtPM Platform, and the OSIsoft PI System, Yokogawa is establishing regional headquarters in Shanghai and Tokyo.
Remember that Uchida-san said he didn’t have to be Number One in North America to make his timetable of being Number One in the world in process automation by 2010.