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Press Release03 September 2021Digital IndustriesSiemens Korea, Seoul
Siemens Korea Digital Industries Joins Hands with CJ OliveNetworks for the Development of Smart Factory Business
According to the MOU, the two
companies will collaborate to develop applications based on hardware and software
for facility control, including PLC (Programmable Logic Controller) and SCADA
(Supervisory Control and Data Acquisition) systems; expand marketing and sales
activities to promote smart factory business using internal and external, on-
and off-line distribution channels; and provide technical support for the
design and installation of smart factories.
Siemens Korea will be
responsible for supply and maintenance of hardware and software, including PLC
and SCADA, sharing its digital solutions and the state-of-the art technologies
in machine equipment. CJ OliveNetworks will be responsible for the
implementation of smart factories, the management and operation of related
facilities and the co-development of the business inventory. Both companies are
expected to create synergies by combining know-how and expertise in the field
of on- and off-line distribution, further strengthening the competitiveness of
the smart factory business.
Thomas
Schmid, Head of Digital Industries at Siemens Korea said, “As
a leader in digitalization, we will contribute to improving CJ OliveNetworks’ competitiveness
by sharing technical know-how for the successful implementation of smart
factories.” He added, “Siemens
Korea, as a partner that supports digital transformation for companies in
Korea, will continue to promoting and expanding the smart factory ecosystem in
Korea through our industry-leading technologies and comprehensive digital
portfolios.”
"By combining OT and hardware
capabilities into current solution-oriented business, we aim to establish a
total service platform for smart factories and further strengthen business
competitiveness,” said InHyok Cha, CEO of CJ OliveNetworks. “Through this
collaboration, we will be able to expand our business to the new Industry 4.0
sectors, including industrial IoT, AI-based predictive facility maintenance,
and factory energy management systems.”
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Active around the world, the company focuses on intelligent infrastructure for buildings and distributed energy systems and on automation and digitalization in the process and manufacturing industries. Siemens brings together the digital and physical worlds to benefit customers and society. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Via its majority stake in the publicly listed company Siemens Healthineers, Siemens is also a world-leading supplier of medical technology and digital health services. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power that has been listed on the stock exchange since September 28, 2020. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €57.1 billion and net income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. Further information is available on the Internet at www.siemens.co.kr.
Contact
Siemens Korea
Poongsan Building
23, Chungjeong-ro
Seodaemun-gu
03737 Seoul
Korea
23, Chungjeong-ro
Seodaemun-gu
03737 Seoul
Korea
+82 (2) 3450 7000