Mitsubishi Electric India's Strategic Acquisition: A Boost for FA Digital Solutions

Mitsubishi Electric Corporation (TOKYO:6503) has announced a significant move to strengthen its Factory Automation (FA) digital solutions business by acquiring a stake in Indian software startup Gervigreind Data Science Pvt. Ltd. (doing business as "Itanta Analytics"). This strategic collaboration aims to combine Mitsubishi Electric's FA equipment and FA solution software with Itanta Analytics' no-code data-analysis and report-generation applications, ultimately driving growth and innovation in the FA digital solutions market.



The acquisition aligns with Mitsubishi Electric's strategic goal of transforming into a "Circular Digital-Engineering" company. By investing in and cooperating with software companies like Itanta Analytics, Mitsubishi Electric is strengthening automation and digitalization in diverse manufacturing processes, including design, manufacturing, testing, operation, and maintenance. This collaboration will enable Mitsubishi Electric to provide customers with best-in-class products and solutions.

The integration of Mitsubishi Electric's FA equipment and Itanta Analytics' no-code applications will create digital solutions using systems developed through simple no-code engineering. This combination will enhance Mitsubishi Electric's FA digital solutions business, making it more robust and efficient. Additionally, the acquisition will introduce Mitsubishi Electric to the world of no-code engineering, which can simplify and accelerate the development of digital solutions, further expanding its FA digital solutions business globally.

The collaboration between Mitsubishi Electric and Itanta Analytics will also bring cost and time savings to customers, as the no-code applications can simplify data collection and analysis, making it easier for users to extract valuable insights from the data generated by Mitsubishi Electric's FA equipment. This streamlined process can help identify trends, predict maintenance needs, and make data-driven decisions to enhance productivity and quality.



By leveraging Itanta Analytics' extensive application expertise, Mitsubishi Electric plans to further grow its FA digital solutions business globally. This expansion can open up new markets and revenue streams, driving growth and innovation for both companies. The acquisition also aligns with Mitsubishi Electric's goal of accelerating its transformation into a "Circular Digital-Engineering" company by investing in and cooperating with software companies to strengthen automation and digitalization in diverse manufacturing processes.

In conclusion, Mitsubishi Electric India's acquisition of a stake in Gervigreind Data Science Pvt. Ltd. is a strategic move that will significantly impact the FA digital solutions business of Mitsubishi Electric Corporation globally. By combining Mitsubishi Electric's FA equipment and FA solution software with Itanta Analytics' no-code data-analysis and report-generation applications, the company aims to create digital solutions using systems developed through simple no-code engineering. This integration will enhance Mitsubishi Electric's FA digital solutions business, making it more robust and efficient, and drive growth and innovation in the FA digital solutions market.