2020_2q_omron_e

16/37 - IAB: Creating Revolutionary Applications

Please look at slide 15. IAB’s enhanced solution capability is the result of OMRON’s proactive investments to date, which has led to the creation of 170 revolutionary applications, and a new target market worth ￥50bn. Over the last 2 years, IAB has undertaken necessary investments to enhance product capability, technological expertise and front-office capability under the innovative-Automation strategy. Specifically, we have expanded the number of Automation Centers (ATCs) to 35 locations globally and increased innovative-Automation human resources, primarily in sales, sales engineering and development roles, by 700 people. These new locations and human resources have accelerated our collaborative efforts with customers in the focus domains, leading to the creation of a hefty 170 revolutionary applications. These revolutionary applications provide solutions to manufacturing challenges which our customers had long believed to be unresolvable, and allow us to address new markets worth ￥50bn. We have already put into place the groundwork for growth in the event of a recovery in the macro backdrop. We present videos of 2 such revolutionary applications in the next slides.