1C and Raytec to Establish Joint Venture to Digitize Industry
The partners will focus on developing ERP, PLM, MES and APS solutions.
1C and Raytec are establishing a joint venture to help industrial companies increase labor productivity through digital tools. Its product portfolio will include ERP, PLM, MES and APS solutions. Combining their capabilities will make it possible to develop comprehensive platforms.
According to the partners, the new tools will help businesses improve production planning, use equipment and resources more efficiently, manage product quality, make better-informed management decisions and steadily improve the efficiency of production processes.
Meanwhile, Raytec will retain its focus on working with industrial companies and strengthening relationships with potential customers. The partnership will create additional opportunities to develop software products, industry-specific methodologies and engineering expertise, as well as implement larger-scale industrial digitalization projects.
