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Friday, 8 December 2017, 16:48 HKT/SGT
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Source: Mitsubishi Heavy Industries, Ltd.
MHI and MHPS Launch New Organizational Structures To Develop Energy Service Solutions for Changing Market
- MHI and MHPS will establish new Power & Energy Solutions Business (PESB) Divisions and Headquarters respectively from January 1, 2018.
- New structures will focus on utilization of proprietary AI/IoT technologies, such as "ENERGY CLOUD" and "MHPS-TOMONI"
- MHI and MHPS target development of more advanced and integrated services based on customer needs and changing energy market

TOKYO, Dec 8, 2017 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) will establish new organizational structures in a move to strengthen their capabilities in energy-related business solutions, effective January 1, 2018. Utilizing MHI Group's most advanced proprietary technology in task analysis and energy services, the two companies aim to go beyond product supply and deliver comprehensive solutions and support to customers.

MHI and MHPS will establish a Power & Energy Solution Business (PESB) Division and Headquarters respectively. The two new organizational structures will work closely together to develop solutions that respond to major changes in the energy sector, such as environmental issues and deregulation of the power industry. The two companies will gather and meticulously analyze information on the issues and needs of the customer. They will then use this to build an enhanced portfolio of solutions, incorporating not only technologies and products, but also services such as operations, maintenance and financing.

Solutions will be devised that make full use of AI and IoT(1) technologies, incorporating the deep expertise of the MHI Group. For example, MHI's "ENERGY CLOUD", is a proprietary energy solution service that is able to accurately predict and detect customers' energy usage and equipment operating status with outstanding precision. "MHPS-TOMONI"(2) is MHPS's digital solution service that enables more advanced and streamlined operations of thermal power plants, through close communication with the customer. The MHI Group has the advantage of making more realizable and practical proposals by utilizing know-how of manufacturing and abundant knowledge of energy equipment.

The new organization has adopted a new solution service process known as "CAP-D". "C" stands for "communication" with the customer and the market. "A" stands for "analysis" in order to provide optimal solutions. "P" stands for "product", and finding the exact products and technologies to resolve the customer's needs. Finally, "D" stands for "delivery of service", and the provision of compound services. Going forward, the MHI Group will apply this to its energy business to provide new value both to customers and to social infrastructure as a whole.

(1) AI: artificial intelligence, IoT: Internet of Things.
(2) "MHPS-TOMONI" is the new name of an upgraded version, launched in March, of a previously offered digital solution service, whose scope has included joint menu development together with domestic and overseas power providers and provision of solutions to power plants. Under MHPS's new PESB Headquarters, all services from menu development to solution provision will be handled integrally, and solution provision capability itself will be further enhanced.

About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion U.S. Dollars. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.

For more information, please visit MHI's website: https://www.mhi.com
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com

About Mitsubishi Hitachi Power Systems, Ltd.

Mitsubishi Hitachi Power Systems, Ltd. (MHPS), headquartered in Yokohama, Japan, is a joint venture formed in February 2014 by Mitsubishi Heavy Industries, Ltd. and Hitachi, Ltd. integrating their operations in thermal power generation systems and other related businesses. MHPS today ranks among the world's leading suppliers of equipment and services to the power generation market, backed by 100 billion yen in capital and approximately 20,000 employees worldwide. The Company's products include GTCC (gas turbine combined-cycle) and IGCC (integrated coal gasification combined-cycle) power plants, gas/coal/oil-fired (steam) power plants, boilers, generators, gas and steam turbines, geothermal power plants, AQCS (air quality control systems), power plant peripheral equipment, digital solutions and solid-oxide fuel cells (SOFC).

For more information, please visit www.mhps.com.

Contact:
Joseph Hood, PR Manager
Mitsubishi Heavy Industries, Ltd.
Email: [email protected]
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860


Source: Mitsubishi Heavy Industries, Ltd.

Topic: Press release summary
Sectors: Energy
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