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Mitsubishi Electric Corporation will partner with Visual Components headquartered in Espoo, Finland in a joint venture company, named ME Industrial Simulation Software Corporation, to develop and sell 3D simulators for manufacturing applications. Mitsubishi Electric and Visual Components will hold 70 percent and 30 percent stakes respectively in the company.

Hiring new talent remains one of the biggest challenges facing UK manufacturers, according to new research, as skill shortages look set to worsen over the next five years.

Mitsubishi Electric has formed a joint venture with a Finnish specialist in 3D manufacturing simulations, Visual Components, to develop and sell 3D...

TOKYO, November 01, 2023--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will partner with Visual Components headquartered in Espoo, Finland in a joint venture company, named ME Industrial Simulation Software Corporation, to develop and sell 3D simulators for manufacturing applications. Mitsubishi Electric and Visual Components will hold 70% and 30% stakes respectively in the company, which will begin operating on November 1.

Over half of manufacturers (55%) in the UK say that time-consuming manual programming is required for robots to complete welding, cutting, painting or other tasks on the factory floor, according to new research by Visual Components, the developer of 3D simulation software.

Over two-thirds are spending over a week preparing a robot to complete tasks

Visual Components, the developer of 3D simulation software, has launched Visual Components Robotics OLP.

All-in-one software combines robot programming with existing simulation software

Enterprises need to work out the data integration issues in their existing digital tools to reap benefits of digital twins.