Mitsubishi Electric Corporation has been honored by SAP Japan in the category "Japan Industry 4.0 ", part of its "SAP Japan Customer Award 2021" program, for demonstrating outstanding leadership in the field of digital transformation.
Driven by the demand for digitalisation and automation in the water industry, Royal HaskoningDHV and Mitsubishi Electric Europe are joining forces to develop specialized automation controls. This will facilitate the implementation of smart water solutions, enabling water utilities to optimise the performance and efficiency of their plants.
Europe has taken an early lead when it comes to implementing Industrial Internet of Things (IIoT) or Industrie 4.0 as the Germans prefer to call it, with companies having invested in IoT technologies at higher levels than their US counterparts. The latest update to the Worldwide Semiannual Internet of Things Spending Guide from International Data Corporation (IDC) forecasts total spending on IoT solutions in Europe to increase by 19.8% year on year to reach $171 billion in 2019. Of this, the share of discrete manufacturing is $20 billion, which can be attributed to IIoT.