Vancouver, BC, October 1, 2018—Mitsubishi Electric Corporation (MELCO) and Copperleaf® are partnering to deliver innovative decision analytics solutions to asset-intensive industries in the Japanese market. Under this partnership agreement, MELCO will act as a distributor for the Copperleaf Decision Analytics Solution and provide implementation services and ongoing support in Japan.
Headquartered in Tokyo, MELCO is a world leader in advanced technology and in the manufacture and sales of electrical and electric products and systems used in a broad range of fields and applications.
“In Japan, utility companies are faced with making decisions on how best to manage aging assets, many of which were installed during Japan’s period of rapid economic growth. As one of the solutions to improve asset maintenance and planning activities, MELCO is excited to introduce Copperleaf’s solution to the Japanese market, and combined with MELCO’s knowledge as an established utility equipment and systems manufacturer, to further support our customers in this area,” said Noriyuki Takazawa, Group Senior Vice President, Energy & Industrial Systems, Mitsubishi Electric Corporation.
“Japan is a very sophisticated market and we are incredibly proud to partner with such a well-respected organization as MELCO,” said Paul Sakrzewski, Copperleaf Managing Director for Asia Pacific and Japan. “We look forward to building a successful partnership that focuses on delivering the highest value to our customers.”
“The strategic partnership between Copperleaf and Mitsubishi Electric Corporation will help us bring Copperleaf’s innovative solutions to asset-intensive organizations in Japan,” commented Judi Hess, Copperleaf CEO. “MELCO brings a wealth of knowledge and experience that will play an important role in driving growth in the Japanese market. Together we can extend the reach of Copperleaf and help utilities improve investment decision-making processes.”
About Mitsubishi Electric Corporation
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded consolidated group sales of 4,444.4 billion yen (in accordance with IFRS; US$ 41.9 billion*) in the fiscal year ended March 31, 2018.
For more information visit: https://www.MitsubishiElectric.com
*At an exchange rate of 106 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2018
Copperleaf provides decision analytics to companies managing critical infrastructure. Our enterprise software solutions leverage operational and financial data to help our clients make investment decisions that deliver the highest business value. In 2018, Canadian Business magazine named Copperleaf one of Canada’s Fastest-Growing Companies for the fourth consecutive year. Copperleaf is a member of The Institute of Asset Management (IAM) and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, our solutions are distributed and supported by regional staff and partners worldwide. We are committed to building a better world, one decision at a time.
For further information, please contact:
Copperleaf Technologies Inc.
Email: Media Relations