Fanuc, Hitachi, and Preferred Networks to Establish a JV for the development of Intelligent Edge Systems

By Shin Kai

Category:
Acquisition or Partnership

Fanuc Corporation, Hitachi, Ltd., and Preferred Networks, Inc. (PFN) announced that they have reached an agreement to establish a joint venture company, Intelligent Edge System, LLC, on April 2, 2018, to develop Intelligent Edge Systems that utilize artificial intelligence (AI) technologies in edge devices in the industrial and social infrastructure field.

In recent years, innovations using AI technologies have been expanding rapidly in a variety of fields. In the field of industrial and social infrastructures in particular, AI technologies are expected to play an important role in the part close to edge devices, for example in the case of vehicles and robots.

In this backdrop, Fanuc, Hitachi, and PFN have agreed to undertake joint development of the world's most advanced Intelligent Edge Systems in the industrial and social infrastructure field, and to establish a joint venture company for that purpose. The new company will develop these Intelligent Edge Systems by combining Fanuc's technologies and expertise in machine tools and robots, Hitachi's knowledge of control technologies and other aspects of OT and IT in the front lines of manufacturing, and PFN's deep learning and distributed computing technologies. After establishing a joint venture company, the three companies will test business potential and create business plans, and then undertake actual system development and expand application fields.

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