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Mitsubishi Electric’s Strategic Initiatives For Global Growth

Posted on Tuesday, May, 27, 2008, 12:49PM

Most manufacturers recognize that their enterprise-level IT systems will need to migrate to new technologies over the next few years, but many haven’t yet considered the plant floor implications.

Manufacturers facing globalization are driving plant performance at a level that would be inconceivable without modern automation systems and business processes.

As capital budgets are reduced, manufacturers should focus investments in projects with a clear and measurable return, such as initiatives that take costs out of manufacturing processes and supply chains, improve productivity and quality, and increase utilization of existing assets.

Mitsubishi Electric intends to continue its growth strategy, with a goal to become number one in global market share by revenue in the 2010 to 2012 time frame. Mitsubishi Electric intends to continue its growth strategy, with a goal to become number one in global market share by revenue in the 2010 to 2012 time frame.

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