Yokogawa Electric Strengths, Domain Expertise, and Key Differentiators
The industrial automation business provides vital products, services, and solutions to a diverse range of process industries including oil, chemicals, natural gas, power, iron and steel, and pulp and paper. With the life innovation business, the company aims to radically improve productivity across the pharmaceutical and food industry value chains. The test & measurement, aviation, and other businesses continue to provide essential instruments and equipment with industry-leading precision and reliability. Yokogawa co-innovates with its customers through a global network of 113 companies spanning 60 countries
OpreX is the all-new comprehensive brand for Yokogawa’s industrial automation and control business. The OpreX brand stands for excellence in the technology and solutions that Yokogawa cultivates through the co-creation of value with its customers. Under this new brand may be found all the Yokogawa control products, services, and other solutions that customers are using to digitalize and transform their businesses and drive growth in this time of unprecedented change.
Yokogawa Electric Recent Developments
In June 2022, Yokogawa introduced OpreX Asset Health Insights, the latest addition to the OpreX Asset Management and Integrity family. Asset Health Insights is an advanced cloud-based plant asset monitoring service designed to gather, refine, and aggregate operational technology (OT) data from distributed assets.
Yokogawa Electric Mergers and Acquisitions (M&A) Activities
In the initial half of 2023, Yokogawa Electric Corporation acquired Fluence Analytics, a United States-based startup renowned for delivering real-time analytics solutions to polymer and biopharmaceutical companies on a global scale. Through this acquisition, Fluence Analytics will integrate its operations with Yokogawa's existing business and further enhance its technological capabilities.
Additionally, the company formally announced the acquisition of all shares of Dublix Technology, a Danish enterprise specializing in solutions dedicated to optimizing the efficiency of waste-to-energy (WTE) and biomass power plants. The addition of Dublix's combustion control and boiler performance enhancement solutions to Yokogawa's lineup of control, monitoring, and maintenance systems will enable the provision of solutions that make both WTE and biomass power plants more efficient and profitable.
In September 2022, the company finalized its acquisition of Votiva Singapore ("Votiva"), a leading Southeast Asian IT consultancy specializing in enterprise resource planning (ERP) and customer relationship management (CRM) software implementation services. This acquisition will allow the company to expand its provision of ERP solution consulting, implementation, and technical support services in Southeast Asia. With this acquisition, Votiva will change its company name to Yokogawa Votiva Solutions.
Yokogawa Electric Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Yokogawa Electric applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Yokogawa Electric and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified OpreX customers.
Yokogawa Electric Overview
2-9-32 Nakacho
Musashino, x, 180-8750, Japan
81 422-52-6845
https://www.yokogawa.com/
Ownership: - TYO:6841
Number of Employees: 17084
Functional Markets: ERP Services and Operations, PLM, PPM,
Key Verticals: Consumer Packaged Goods, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Utilities,
Yokogawa Electric Key Enterprise and Cloud Applications
OpreX
Yokogawa Electric Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Yokogawa Electric Revenue Breakdown By Type, $M:
Yokogawa Electric Enterprise Applications Revenues By Functional Markets, $M:
Yokogawa Electric Enterprise Applications Revenues By Verticals, $M:
Yokogawa Electric Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Yokogawa Electric Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Yokogawa Electric Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Yokogawa Electric Customers
No. of Yokogawa Electric Customers: x
No. of Yokogawa Electric Enterprise Applications Customers: x
No. of Yokogawa Electric Cloud Customers: x
No. of Yokogawa Electric Cloud Subscribers: x
The company is established through the successful execution of more than 40,000 control system projects, supported by a network of 230 service centers spanning across 80 countries.
Yokogawa Electric Market Opportunities, M&A and Geo Expansions
In March 2023, Yokogawa unveiled the "Gas Chromatograph AI Maintenance Support" software, designed to enhance maintenance efficiency for the GC8000 process gas chromatograph within the OpreXâ„¢ Analyzer product family. This innovative software leverages advanced capabilities to detect subtle changes in measurement data, serving as an early indicator of potential instrument failures before they can adversely affect measurements. By proactively identifying and addressing issues, Yokogawa's AI Maintenance Support software contributes to optimizing the performance and reliability of the GC8000, underscoring the company's commitment to cutting-edge solutions in process analytics.
Yokogawa Electric Risks and Challenges
The recently introduced solution is in the early stages of establishing its presence within the enterprise application market and is yet to demonstrate its impact and effectiveness. Ongoing observations and assessments will provide valuable insights into its performance and adoption within the business ecosystem.
Yokogawa Electric Ecosystem, Partners, Resellers and SI
In 2023, Yokogawa strategically entered into key partnership agreements, including a notable collaboration with FPT Software, a prominent global technology and IT services provider. This strategic alliance is poised to propel the growth of Yokogawa's Digital Transformation (DX) portfolio, encompassing a range of applications and services. Simultaneously, it offers FPT Software an opportunity to broaden its market presence through this synergistic partnership. The collaborative efforts between Yokogawa and FPT Software aim to leverage respective strengths, fostering innovation, and driving advancements within the technology and IT services landscape.
Yokogawa Electric Cloud Infrastructure Insights
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- Yokogawa Electric Public Cloud and Infrastructure (IaaS)
- Yokogawa Electric Platform (PaaS)
- Yokogawa Electric Application Delivery
- Yokogawa Electric Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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