2019-10-17
Voith becomes the first member of Asia Digital Alliance
- Voith Digital Ventures joins as the first industrial member
- Asian network and collaboration extend significantly
Voith as the alliance’s first industry member, will enhance the ADA with its industrial company scope. The complementary know-how and core capabilities of the alliance partners will provide collaborative solutions around research, enablement and building up digital business. The combined strength aims to support product creators to become digital leaders in Asia as well as train and engage the market. Voith’s long-standing industry know-how in combination with industrial solution integration will further contribute the partnership to develop new offerings and market opportunities together with other alliance members.
About the company
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, the company today has more than 19,000 employees, sales of € 4.2 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.
More about the Voith Group
The Group Division Voith Digital Ventures bundles the Voith Group’s long standing automation and IT expertise with the deep know-how in the fields of water power, paper machines and drive engineering. As an incubator, this Group Division is pushing for the development of new digital products and services. For decisively shaping the digitalization of mechanical and plant engineering, Voith is driving the industrial Internet of things (IIoT) forward. The Group Division plays a central role in digital innovations and applications for new markets as well as the development and responsibility for existing and new digital venture activities.