In October 2020, Justech Group invested in Emocean Company ofGermany to achieve a deeper all-round strategic cooperation between the twoparties. Both companies are set to shake up the global automation market byintroducing true smart manufacturing and new ways of networking machines toenable future Artificial Intelligence (AI) and prescriptive applications.
Emocean is a German startup company founded in 2020 looking to occupythe automation and control market share with its innovative solutions. Emocean’soperating platform Indigo offers an unprecedented combination of vertical andhorizontal integration, using semantic models to integrate and process data andhandle massive amounts of information by—as the company calls their uniqueapproach—“liquefying data”.
Zhang Yigong (Eagle Zhang), Justech’s EVP of Software Engineeringsaid that Justech Group has been deeply involved in the non-standard automationindustry for 15 years and has many well-known customers, including one of theworld’s most renowned smartphone and computer vendors. Justech has always beencommitted to becoming a world-class intelligent manufacturing company and isdevoted to promoting the construction of a complete supply chain and theoverall landscape of optimization and integration, and realizing theinternational and strategic development. Justech is adapting product roadmap toensure maximum benefit from Emocean’s Indigo software platform for itscustomers. The use of off-the-shelf embedded components and the introduction ofsmart features such as prescriptive process control will also greatly reduceaverage unit costs and TCO for customers.
Now Justech is not only investing substantial capital into their newGerman partner, but has also decided to base future equipment generations on Emocean’sIndigo platform. “Positioning Indigo as the operating platform forstate-of-the-art production and automation equipment with a strong player likeJustech will allow us to quickly demonstrate our abilities to the market,allowing us to scale to the leading Industrial IoT software provider,” explainsPhilipp Kirschenhofer, founder and managingdirector of Emocean GmbH, “Both partners are set to profit widely from thisinternational cooperation.”
Gaining a foothold in the Chinese automation market is a huge stepfor Emocean to go global. Through the cooperation with Justech, Emocean isexpanding its presence internationally and successfully entering the globaldigitalization and industry 4.0 market. “Teaming up with Justech opens up awhole set of opportunities for us. At the same time, Emocean is fullydetermined to play an integral part in Justech’s further growth journey,” saysMichael M. Schwarz, co-founder and managing director of Emocean GmbH. In themeantime, the partnership will allow Justech to design and implement faster andmore flexible machine controls and networked production systems whileminimizing development efforts.
As for the cooperation with Emocean, Jing Yuxiang (Shark Jing), founderand president of Justech Group expresses that, to achieve the vision“Intelligence makes everything”, Justech needs to become a leading provider notjust for singular machines and assembly points but for entire smart factories. Itis a huge challenge and the partnership with Emocean is a central part of Justech’sstrategy. The Indigo platform is one of a kind and it will be stronglybeneficial for the internationalization of Justech. And Justech will also takethis opportunity to accumulate experience in a transnational operation andcooperation and lay a solid foundation for the co-creation of intelligentmanufacturing and smart factories, and for the achievement of the grand goal ofboosting Industry 4.0.
Founded in 2006 and headquartered in Kunshan, Jiangsu Province, inthe eastern China, Justech is a high-tech group, which integrates precisioncomponent manufacturing, research and development of software and visiontechnology, design and assembly of non-standard automation equipment, tradingplatform for automated industrial products sluggish inventory, independentresearch and development of light robot, and automated assembly linecustomization. As an international group company, Justech has 8 subsidiaries,with more than 30 project locations in Shanghai, Shenzhen, Zhengzhou and othercities, and international offices in Brazil, India, South Korea, the UnitedStates and other countries and regions, with more than 4,000 highly skilledteam members.
Justech Group has now ranked among the forefront of China'sautomation industry, with strong technical research and development strength,industry-leading service level, and complete automation industry chain layout.
Founded in 2020 and headquartered in Unterhaching, MunichMetropolitan Area, Emocean is a software and solution provider fordigitalization, automation, testing and other use cases. The innovative teamcomprises decades of experience in automation and software development and canimplement entire projects based on customer requirements. The company’s focuslies on distributed data management in real-time for the future of themanufacturing industry, development of complex mechatronic systems an energygrid control.
As a STRATOS VENTURES spin-off, the company has a strong partner attheir back. Managing partners Michael Schwarz and Philipp Kirschenhofer bothpossess decades of experience in industry and communication as well asmanufacturing and automotive sectors.
The German startup is currently in its seed round and has alreadywon multiple important large-scale customer projects. Another part of Emocean’sstrategy for success is its close cooperation with universities and colleges,research institutes and well-established industry partners.