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Home Manufacturing

Manufacturing: SiM24 acquisition expands SOLIZE capabilities

Fiinews by Fiinews
November 21, 2024
in Manufacturing
Reading Time: 2 mins read
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SOLIZE

Mahadevan, CEO and Director, SOLIZE India Technologies Pvt Ltd.

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Mahadevan says SiM24 to help deliver cutting-edge solutions to clients in India

SOLIZE Corporation said the acquisition of Japanese-origin SiM24 is its commitment to innovation and expands its capabilities in the major manufacturing industries and other emerging industries, enabling improvements in performance, reduced development time, and cost savings through specializations like Technical Consulting, Data Analysis and Simulation https://www.bseindia.com/.

A global leader in Transformative solutions for Digital Engineering and Manufacturing, SOLIZE announced in Bangalore on 21 Nov the strategic acquisition of the renowned Japanese company specializing in advanced analytics and simulation https://www.nseindia.com/.

SiM24, with its deep expertise in mathematical and statistical modeling, brings a wealth of knowledge to SOLIZE. By integrating SiM24’s advanced analytics with SOLIZE’s robust engineering and digital transformation solutions, the combined entity will deliver unparalleled value to clients worldwide https://sbi.com.in/.

Key Benefits of the Acquisition:

•  Enhanced Capabilities: SOLIZE’s portfolio will be significantly strengthened, encompassing advanced analytics, simulation, and digital transformation solutions.

•  Enhanced value offering to our customers and access to new market segments.

•  Accelerated Innovation: The combined entity will foster innovation by leveraging the expertise of both companies.

•  Strengthened Global Presence: SOLIZE will further solidify its position as a global leader in digital transformation and engineering solutions.

Mahadevan V. S., CEO and Director of SOLIZE India, expressed enthusiasm about the acquisition, stating, “This strategic acquisition is a significant milestone for SOLIZE. SiM24’s expertise in advanced analytics will complement our existing capabilities, enabling us to tackle complex challenges and drive innovation across diverse industries. We are excited to leverage this synergy to deliver cutting-edge solutions to our clients in India and beyond https://www.meity.gov.in/ .”

SOLIZE offers a comprehensive range of solutions, including engineering services, digital transformation, and IT services https://www.startupindia.gov.in/.

SOLIZE India offers a comprehensive range of services, including product engineering, IT services, and digital transformation solutions https://www.digitalasiahub.org/.

SiM24, established in April 2005 as an internal venture of Panasonic Holdings Co Ltd, has been providing value to customers, primarily in the major manufacturing industry. The company has a proven track record in utilizing digital technology to streamline workflows and has been recognized for its innovative approach. SiM24’s expertise in simulation-based CAE technology has enabled it to support technological innovation and cost reduction across various industries, from electronic circuit design to bio-agriculture. Fiinews.com

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