Accelerating globalization and market cycle changes and ideas and speed are important,and so on the key components for the competitiveness of companies in the manufacturing workplace. In order to integrate ideas and speed in the workplace manufacturing,innovation is necessary to unify the power of the work with the management of data flow and promote.FOA (Flow Oriented Approach) provides an innovative platform, the exchange of useful information for troubleshooting and real-time decisions through the creation of pieces of data, the raw data collected by sensors that combine to produce workplace to workplace skills and let it flow in the network.
The software allows the valuable information that you can access from anywhere, creating the next generation in the workplace, the concept of Fog Computing, corresponds to the distributed processes in the network perimeter. Together, Cisco Smart FOA and plan to extend this program from Japanese manufacturing jobs similar production environments worldwide through the joint development of solutions for the manufacturing industry based on Cisco IOx.
Masaharu Oku,CEO,Smart-FOA Co.Ltd.The utilization of data from manufacturing workplaces is Japan's strong suit, and the concept of FOA was born out of consideration for the mission of further refining this utilization.We would like to promote the Internet of Everything (IoE) concept advocated by Cisco,as well as management innovation combining a people-focused FOA workplace with management in the manufacturing sector,and through these things we would like to provide the world's first FOA from Japan.
Yasufumi Hirai,President And General Manager,Cisco Systems G.K.Cisco believes that investing in smart-FOA will contribute to increasing the capabilities of manufacturing workplaces that constitute Japan's greatest strength with the aim of realizing the Internet of Everything and generate new value by bringing together goods, people, processes and data. We expect IoT solutions from Japan to expand onto the global market.
Pratik Bose, Director, Corporate Development, Japan:
The Japanese government has pledged to transform the country advanced IT nation in the world in 2020, which will help create a new economy that is on the IT infrastructure a great opportunity for local entrepreneurs to new to develop technologies and applications.this investment in Smart-FOA,Cisco restart investment investment activities in Japan,with the first investment since 2001 and a new focus on improving the entrepreneurial activity and encourage the use of the local ecosystem.Cisco investment has appointed dedicated to investments in the local office in Tokyo and its first Executive.
About CiscoCisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected.An integral part of the company's DNA lies in creating long-lasting customer partnerships,working with them to identify their needs and providing solutions that support their success.John T.Chambers is the Chairman and Chief Executive Officer of the $48.6 billion company,which has over 73,000 employees globally.
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Cisco Investments is the venture capital investment arm of Cisco. Cisco Investments, headquartered in San Jose, California, invests globally and works with entrepreneurs to discover and accelerate disruptive technologies and new business models. With more than 40 investment professionals and over 90 direct investments around the world, Cisco Investments is focused on strategic opportunities aligned with Cisco's current business as well as innovations that may shape the broader technology market in the future. Cisco Investments is not a separate corporate entity, but instead refers to the combined investment activities of Cisco Systems, Inc. and its subsidiaries.