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This investment will enable Yokogawa to expand its DX capabilities by leveraging Semantum’s software development expertise to elevate its digital twin and semantic data modeling technologies.
Yokogawa Electric Corporation announces that it has increased its strategic investment in Semantum Oy, a Finnish company that provides digital solutions and services in areas such as industrial plant data modeling, simulation, optimization, and engineering automation. With this investment, Semantum will become an affiliated company of the Yokogawa Group.
Yokogawa first invested in Semantum in 2019, and the two companies jointly developed the OpreX Data Model Broker, a product in Yokogawa’s OpreX Connected Intelligence lineup. OpreX Data Model Broker automatically verifies the consistency of data across different plant designs and instrumentation systems and enables interoperability by applying ontology—an AI technique—in database operation and management.
This investment will enable Yokogawa to expand its DX capabilities by leveraging Semantum’s software development expertise to further strengthen its digital twin and semantic data modeling technologies. At the same time, it will allow Semantum to accelerate its geographic and market expansion plans by entering new markets and expanding its existing business in the fast-growing digitalization and systems simulation market. The investment forms part of Yokogawa’s broader M&A and partnership strategy to strengthen its digital portfolio.