Through this equity investment, Nippon RAD will officially become a co-creation partner of Advantech’s industrial IoT (IIoT) sector in Japan. Headquartered in Tokyo, Nippon RAD is a system integrator with approximately 300 employees. The company also has offices in Osaka, Nagoya, and Fukuoka.
Advantech and Nippon RAD officially form a strategic alliance on a co-creation model between a platform provider and a system integrator, aiming to further expand the business scope in IIoT and machine-to-intelligence (M2I) sectors in Japan. In addition to product and technology support, Advantech will cooperate with Nippon RAD in jointly marketing WISE-PaaS and solution-ready platform (SRP) technologies in Japan. Nippon RAD will become the WISE-PaaS Competence Center in Japan and will adopt Advantech’s IIoT, WISE-PaaS, and SRP products to fulfill projects and meet market demand in Japan, especially in smart factory and Industry 4.0 application markets.
According to KC Liu, chairman of Advantech, “Japan is Advantech’s strategic market for IoT business opportunities. It is our view that there are big opportunities in both industrial and IoT markets given the strong and advanced industrial demand. Nippon RAD is one of the few industrial system integrators that have the dedication to transform the business model from IT-based solutions to IoT-centric solutions. We believe that, after teaming up with Nippon RAD, Advantech will increase our business potential in Japan’s IIoT market.”
“Since we started working with Advantech, we have achieved a lot in a short time and have come to believe that Advantech will be a great partner in the IIoT market in Japan,” Ryuichi Ohtsuka, founder and chairman of Nippon RAD, said. “This combination of our integration and Advantech’s solutions will allow us to co-create significant revenue growth in the foreseeable future