Mitsubishi Electric Corporation, through its corporate venture arm, has invested in Things Inc., a Tokyo-based startup developing AI-powered Product Lifecycle Management (PLM) platforms. The funding marks a strategic move to accelerate smart manufacturing and digital transformation across the industrial value chain.
🧠 AI Meets PLM for Next-Gen Product Development
Things’ cloud-based PLM system leverages artificial intelligence and data integration to optimize every stage of the product lifecycle—from design and prototyping to production and after-sales service.
Key features include:
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📊 Real-time collaboration and data visibility
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🤖 AI-driven design iteration and failure prediction
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🔄 Seamless integration with existing CAD/CAM/ERP tools
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🔐 Secure, scalable architecture for cross-functional teams
🏭 Empowering Smart Factories and Agile Engineering
The investment aligns with Mitsubishi Electric’s vision for e-F@ctory and digital manufacturing, enhancing:
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⚙️ Operational efficiency and product quality
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🚀 Time-to-market through faster decision-making
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🌱 Sustainable product development through lifecycle optimization
💬 Executive Commentary
A Mitsubishi Electric representative stated:
"Our investment in Things reflects our commitment to building a digital-first manufacturing future driven by AI, data, and open innovation."
Yusuke Funato, CEO of Things Inc., added:
"We’re proud to have Mitsubishi Electric’s support as we bring intelligent PLM to the core of industrial product development."
👉 Read the full analysis at- Mitsubishi Electric Fund Backs AI PLM Startup Things
👉 Read more IT Business Today
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