Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

ADVANTECH OPENS EXPANDED EUROPEAN SERVICE CENTER IN EINDHOVEN TO DRIVE INDUSTRY 4.0 GROWTH

ADVANTECH OPENS EXPANDED EUROPEAN SERVICE CENTER IN EINDHOVEN TO DRIVE INDUSTRY 4.0 GROWTH

Global Intelligent Systems leader Advantech today officially opens its new European Service Center — with dignitaries from Taiwan and the Netherlands — invited to tour the newly expanded smart facility, warehouse and production plant.

The Advantech European Service Center (AESC) will double the size of its warehouse and office space and see production capacity nearly tripled, helping the firm drive regional growth and meet customers’ growing Industry 4.0 needs.

Taiwanese Ambassador to the Netherlands, Mr. Chou Tai Chu joins Eindhoven Mayor, Mr. John Jorritsma and Mr. Jeroen Nijland, Commissioner for the Netherlands Foreign Investment Agency (NFIA), to tour the new facility.

They are accompanied by Advantech Co-Presidents Miller Chang, Linda Tsai and the firm’s Co-Founder, Executive of Board and Acting General Manager of Advantech Europe, Chaney Ho. Also attending are Europe executives Hans-Peter Nüdling, JashBasindhar, MC. Chang, Peter Marek, ReinierMiddel and Jeff Shih.

This year marks the 25th anniversary of Advantech Europe, according to Chaney Ho, Executive Director of Advantech and General Manager of Advantech Europe

“Since 2010, the One Europe strategy has served as the foundation of Advantech Europe and from 2014 Advantech has been highly focused on vertical markets to serve customer needs. This year, in order to strengthen Advantech’s leading position in the European IoT market, we are going to promote and expand our presence in local markets across many application domains,” he explains.

“Through mergers and acquisitions and by working together with local partners, Advantech now has more than 400 locally-hired employees working in 14 offices in 10 European countries. We opened new branches locations in Barcelona and Stockholm last year and major investments are being made to collaborate closely with local industries, governments, educational institutions and research organizations. The completion of the European Service Center is Advantech’s first step towards becoming Europe’s most comprehensive IoT solutions provider and will help us reach our target of €350m revenue by 2025.”

“At Advantech we’ve been at the cutting edge of technology innovation for nearly 35 years and we’re confident this expanded European HQ will give us the perfect launching pad to both showcase our products in action and meet the growing demand in the region for Industry 4.0 solutions.”

Serving as Advantech’s European headquarters, the building features a range of smart technology innovations, including a completely renovated reception area (iReception) with iVisitor digital sign-in for visitors, and a smart meeting room management system (iMeeting).

Also featured are Smart Energy control and monitoring built on Advantech’s own Smart Power Meter, Digital I/O, and Power Relay Modbus products, and WebAccess HMI/ SCADA software. It offers intelligent functionality to monitor and control light and temperature — reducing costs and carbon emissions and thus improving the user experience.

The Internet of Things (IoT) extends further in the facility to an iLunch booking system which centralizes staff food orders made via POS terminal or their PC or smartphone app, and automatically distributes them to third-party catering companies.

Digital signage throughout the facility is on hand to offer staff and visitors useful information when and where they need it most.

In the production area of the new plant, Advantech practices Industry 4.0 with a highly customized CTOS Manufacturing Execution System (iCTOS MES), process automation, machine automation, and equipment/environment monitoring.

Real-time data is collected, analyzed and then displayed in a Situation Room to help managers take action, monitor KPIs, speed improvement cycles and support a high degree of product customization.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post