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Press Release19 September 2017Joint press release by Siemens and Fair Friend Group (FFG)Hanover
Siemens and Fair Friend Group (FFG) confirm long-term collaboration in Digital Enterprise and automation
The picture shows Dr. Jimmy Chu, Chairman of the Fair Friend Group (right) and Dr. Wolfgang Heuring, CEO of the Motion Control Business Unit at Siemens AG
The two businesses agreed at EMO 2017 to work closely together in the future on the consolidation of the Siemens Digital Enterprise Suite and the open, cloud-based IoT operating system MindSphere at FFG. Due to its open access structure, MindSphere offers machine manufacturers many different ways to gain a competitive advantage by using their extensive domain expertise and developing high-performance applications for machine operators. They thus form the basis for new services and business models.
The intensified cooperation will also affect the Product Lifecycle Management (PLM), Manufacturing Operations Management (MOM) und Totally Integrated Automation (TIA).
The purpose of this closer collaboration is also to deploy the comprehensive portfolio of the Siemens Digital Enterprise Suite across FFG's 90+ affiliated companies.
To this end, Dr. Jimmy Chu, Chairman of the Fair Friend Group and Dr. Wolfgang Heuring, CEO of the Motion Control Business Unit at Siemens AG signed a joint Memorandum of Understanding at EMO.
In previous years, Siemens and FFG have developed pioneering concepts independently of each other which combine digitalization and automation for machine tools. The Digital Enterprise portfolio from Siemens offers core elements of industrial software and automation, industrial communication systems, security and services as well as cloud-based IoT technologies. Siemens will primarily bring its expertise in machine control and automation technology to the concepts to be developed as well as its open, cloud-based IoT operating system MindSphere.
In signing the joint Memorandum of Understanding, Jimmy Chu said: "As a leading international manufacturer of machine tools and globally active business, FFG is constantly looking to meet the challenges of digitalization and to convert the business to a digital company. Siemens' global setup, with its all-encompassing and pioneering Digital Enterprise concept and its leading future-oriented technologies for Intelligent Manufacturing and the Factory of the Future, is therefore an excellent partner for FFG. The future-oriented strategies of both companies complement each other perfectly."
Dr. Wolfgang Heuring continues: "Our two companies have been working together for many years on a basis of trust and with a common theme: A passion for machine tools. Putting this collaboration on a broader footing from now on against the background of the opportunities provided by digitalization is a seminal and important step for both companies on their respective journeys to becoming a digital company. We are both convinced that FFG and Siemens will benefit from this closer collaboration."
Further information about Siemens at the EMO Hannover 2017, please see www.siemens.com/emo and www.siemens.com/press/emo2017
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies. Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
The Taiwan based Fair Friend Group is a world leading industrial conglomerate with over 90 companies operating in the fields of Machine Tool Technology, PCB, Industrial Equipment and Green Technology. Founded in 1979 in Taiwan, FFG developed into the largest local machine tool manufacturer with major brands like Feeler, Leadwell, Sanco and Equiptop. From 1989, the growth strategy included international acquisitions in the USA, Italy, Germany, Japan, India, South Korea, and Switzerland. The acquisitions included leading manufacturing technology companies like VDF Boehringer, DMC, Hessapp, Honsberg, Ikegai, Jobs, MAG, Meccanodora, Modul, Morara, Pfiffner, Rambaudi, Sachman, Sigma, SNK, Tacchella, and Witzig & Frank.
The Taiwan based Fair Friend Group is a world leading industrial conglomerate with over 90 companies operating in the fields of Machine Tool Technology, PCB, Industrial Equipment and Green Technology. Founded in 1979 in Taiwan, FFG developed into the largest local machine tool manufacturer with major brands like Feeler, Leadwell, Sanco and Equiptop. From 1989, the growth strategy included international acquisitions in the USA, Italy, Germany, Japan, India, South Korea, and Switzerland. The acquisitions included leading manufacturing technology companies like VDF Boehringer, DMC, Hessapp, Honsberg, Ikegai, Jobs, MAG, Meccanodora, Modul, Morara, Pfiffner, Rambaudi, Sachman, Sigma, SNK, Tacchella, and Witzig & Frank.
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