ModuleWorks, a leading supplier of software components for the digital manufacturing industry, has announced that Mitsubishi Electric has joined its Strategic Partner Program.
The Strategic Partner Program initiated by ModuleWorks represents a commitment to driving the development of intelligent, integrated manufacturing solutions by fostering collaboration and innovation between ModuleWorks and key technology providers. Mitsubishi Electric is the latest addition to the growing network of partners.
Mitsubishi Electric has previously collaborated with ModuleWorks on its shop floor digitalization strategy. By joining the Strategic Partner Program, Mitsubishi acquires a minority investment in ModuleWorks equity which enables both companies to intensify their cooperation and accelerate the development of Mitsubishi’s next generation automation and industrial control solutions.
“As part of our business strategy for factory automation systems, we aim to help solve diverse challenges in modern society,” said Toshie Takeuchi, Group President of Factory Automation Systems Group at Mitsubishi Electric. “As a result of this agreement for partnership and investment, we expect to deliver solutions that are easier for customers to use, and thereby help to address challenges such as labor shortages and knowledge transfer throughout the engineering chain.”
“We are delighted to have Mitsubishi Electric join our Strategic Partner Program,” said Dr. Yavuz Murtezaoglu, Founder and Managing Director of ModuleWorks. “Working in close partnership accelerates technological development and drives digital transformation in manufacturing. We look forward to exciting new developments in our technologies.”
ModuleWorks is a leading software component provider for the digital manufacturing industry. ModuleWorks’ expertise in toolpath creation and simulation is recognized throughout the industry and its software components are already optimizing the performance and quality of over 500,000 installed seats of CAD/CAM and CNC software around the world. From standard products to exclusive development projects, ModuleWorks helps companies to bring their vision of Industry 4.0 to life. ModuleWorks Strategic Partners include AutoDesk, DMG Mori, Mitsubishi Electric and PTC.
For more information: www.moduleworks.com