Yokogawa has announced that it has completed the acquisition of Soteica Visual Mesa (SVM), a leading energy management technology provider, further delivering on a number of key objectives of Yokogawa’s Transformation 2017 mid-term business plan, namely, expansion of Yokogawa’s advanced solution business, focusing on customers and creating new value.
This announcement marks completion of the SVM acquisition as a wholly-owned subsidiary and initiation of the integration of SVM and the cloud-based Data-as-a-Service (DaaS) provider Industrial Knowledge (IK) into KBC Advanced Technologies (KBC), which was acquired by Yokogawa in April 2016. The IK business unit was established to enhance the cloud-based advanced solution business, based on the technology of Industrial Evolution (IE), which was acquired by Yokogawa in December 2015. A pioneer in the use of cloud-based solutions in the process industries, IE developed a market-leading real-time DaaS solution that is deployed at many of the world’s major energy and chemical companies.
In the immediate term, SVM’s advanced Visual Mesa utility optimisation software, combined with KBC’s premium energy consultancy, will provide comprehensive and best-in-class energy management solutions, underpinned by leading technologies and human performance improvement. Over the longer term, this acquisition supports KBC’s vision of seamlessly integrating utility system and supply chain optimisation into its industry-leading process simulation platform for hydrocarbon processing facilities – Petro-SIMTM.
KBC, SVM, and IK will be led by KBC CEO, Andy Howell, and will be integrated under the KBC brand. This will significantly enhance KBC’s solutions portfolio and the energy management solutions business, enhance KBC’s ability to develop new cloud-based services, and accelerate KBC’s efforts to create and sustain new value for customers.
Helping mines get results from water improvements
News
South African mines operate under constrained, water-scarce conditions where every investment must be justified. Xylem’s Chetan Mistry explains how the right water technology partner helps mines prioritise high-value water systems across the mining lifecycle.
Read more...From the editor's desk: Pushing engineering to the limit Technews Publishing
News
Among the many things robots can do, it’s a lot of fun to follow how fast they are. They go from the Boston Dynamics cheetah, which first reached a record-breaking speed of 45,5 km/h, to the robot Charlie ...
Read more...Schneider Electric concludes Innovation Summit Middle East and Africa Schneider Electric South Africa
News
Schneider Electric's Innovation Summit Middle East and Africa, held in Abu Dhabi with more than 2500 attendees, explored the convergence of energy, AI and industrial software, launched an Industrial AI study and announced the NEST Accelerator Programme for energy and industrial tech startups.
Read more...VEGA brings measurement expertise beyond mining to Electra Mining Africa 2026 VEGA Controls SA
News
VEGA used its Electra Mining Africa 2026 stand to demonstrate that its level and pressure measurement instruments extend well beyond mining, covering water, food and beverage, pharmaceuticals, chemicals, and oil and gas applications across the continent.
Read more...Sustainable solutions for sugar Bearing Man Group t/a BMG
News
BMG received a Special Commendation Exhibition Stand Award at the South African Sugar Technologists’ Association Congress, where it showcased an integrated turnkey drive solution designed to simplify the upgrading of ageing crushing-mill drive systems.
Read more...Measure, Manage, Maintain: The operating model behind SA’s water resilience Siemens South Africa
News
South Africa’s growing water crisis is putting pressure on infrastructure, municipalities and the economy. Siemens highlights how digital technologies, smarter operations and safe water reuse could help shift the country from crisis response towards a more resilient and sustainable water future.
Read more...VEGA brings measurement expertise beyond mining to Electra Mining Africa 2026 VEGA Controls SA
News
VEGA used its Electra Mining Africa 2026 stand to demonstrate that its level and pressure measurement instruments extend well beyond mining, covering water, food and beverage, pharmaceuticals, chemicals, and oil and gas applications across the continent.
Read more...Schneider Electric concludes Innovation Summit Middle East and Africa Schneider Electric South Africa
News
Schneider Electric’s Innovation Summit Middle East and Africa, held in Abu Dhabi with more than 2500 attendees, explored the convergence of energy, AI and industrial software, launched an Industrial AI study and announced the NEST Accelerator Programme.
While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.
printer friendly version