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Mitsubishi Electric
Changes for the better
Overview
HQ Location
Japan
Year Founded
1921
Company Type
Public
Revenue
> $10b
Employees
> 50,000
Website
Stock Ticker
OTCMKTS: MIELY
Company Description
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded consolidated group sales of 4,444.4 billion yen (in accordance with IFRS;
US$ 41.9 billion*) in the fiscal year ended March 31, 2018. For more information visit: www.MitsubishiElectric.com
*At an exchange rate of 106 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2018
IoT Solutions
e-F@ctory, from Mitsubishi Electric’s Factory Automation Business Group, is an integrated concept to build reliable and flexible manufacturing systems that enable users to achieve many of their high speed, information driven manufacturing aspirations. Through its partner solution activity, the e-F@ctory Alliance, and its work with open network associations such as The CC-Link Partners Association (CLPA) and The Edgecross Consortium, users can build comprehensive solutions based on a wide ranging “best in class” principle.
In summary, e-F@ctory and the e-F@ctory Alliance enable customers to achieve integrated manufacturing but still retain the ability to choose the most optimal suppliers and solutions.
Additionally Mitsubishi Electric's Factory Automation Business Group offer a vast range of automation and processing technologies, including Controllers, drive products, power distribution and control products, electrical discharge machines, electron beam machines, laser processing machines, computerized numerical Controllers, and industrial robots, Mitsubishi Electric helps bring higher productivity – and quality – to the factory floor. In addition, our extensive service networks around the globe provide direct communication and comprehensive support to customers.
*e-F@ctory is a trademark of Mitsubishi Electric Corporation in Japan and other countries.
*Other names and brands may be claimed as the property of others.
For more information please see: www.MitsubishiElectric.com/FA
Subsidiary
IoT Snapshot
Mitsubishi Electric is a provider of Industrial IoT infrastructure as a service (iaas), platform as a service (paas), analytics and modeling, networks and connectivity, automation and control, and robots technologies, and also active in the renewable energy industries.
Technologies
Use Cases
Functional Areas
Industries
Services
Technology Stack
Mitsubishi Electric’s Technology Stack maps Mitsubishi Electric’s participation in the infrastructure as a service (iaas), platform as a service (paas), analytics and modeling, networks and connectivity, automation and control, and robots IoT Technology stack.
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Devices Layer
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Edge Layer
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Cloud Layer
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Application Layer
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Supporting Technologies
Technological Capability:
None
Minor
Moderate
Strong
Case Studies.
Case Study
Mitsubishi Electric’s Fast Stepwise-learning AI Shortens Motion Learning
Due to declining workforces in ageing societies such as Japan, securing sufficient human resources is becoming increasingly difficult, which in turn is raising the demand for AI that can support efficient mechanized operations. New production facilities, however, present special challenges due to differences in pre-learned and actual shop environments, resulting in huge amounts of time devoted to teaching AI before it can be implemented on a full scale.
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