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Yokogawa Electric Corporation and Web Synergies (S) Pte. Ltd. announced that Yokogawa Electric has invested in Web Synergies, a Singapore-based company that provides IT and integrated IT and operational technology (OT) solutions. Yokogawa and Web Synergies have been successfully collaborating on solutions and services for internal and external digital transformation (DX) engagements for more than ten years. This equity participation will enhance this collaboration and complement Yokogawa's DX engineering capabilities to support the development of integrated IT/OT portfolios and the shift to the cloud.
Web Synergies (S) Pte. Ltd. in Singapore, with offices in India and Japan and a total workforce of over 300 employees, is a rapidly growing business software solutions, data analytics, artificial intelligence, cloud computing, managed services and bespoke consultancy provider. As a highly regarded partner, the company has consistently demonstrated its commitment to build and maintain strategic relationships with the world's leading technology enterprises.
The investment will enable Yokogawa to expand its DX operations by leveraging Web Synergies' expertise and capacity to deliver cloud services, enterprise data management and integration services, and IT/OT security enhancement to its customers.
It will also allow Web Synergies to accelerate its geo-expansion plans to strategically establish its operations in the Middle East, Europe, and North America. These offices will act as centers for business development as well as to drive training programs and develop IT/OT talent, thereby enabling digital transformation operations to easily access a large pool of fully qualified professionals.