The FINANCIAL — Panasonic Corporation on January 9 announced the establishment, effective April 1, 2018, of Panasonic System Solutions North America Company as a Division of Panasonic Corporation of North America, Panasonic’s Newark, New Jersey-based subsidiary.
Panasonic System Solutions North America Company will strengthen and grow Panasonic’s system solutions business in North America by consolidating four existing divisions of Panasonic Corporation of North America: (1) Connected Solutions Company North America; (2) Panasonic System Communications Company of North America, a provider of security camera systems, ruggedized personal computers and POS systems; (3) Panasonic Media Entertainment Company, which provides projectors, broadcast-use cameras and other products to the entertainment industry; and (4) Panasonic Factory Solutions Company of America, whose products include surface mounted machines for circuit board manufacturing, welding robots and factory systems management software.
The new division will combine Panasonic’s unique hardware with its expertise in software development cultivated in the factory automation business and its system engineering capabilities in order to offer customers high value-added solutions that no other companies can match. Through this solutions business, Panasonic will optimize operations at its manufacturing, system engineering and service bases in order to grow its business and further expand earnings, according to Panasonic.
To help achieve these goals, the Digital Solutions Center (DSC) will be established within Panasonic System Solutions North America Company with the role of strengthening Panasonic’s capacity to provide industrial solutions. The Digital Solutions Center will also serve as a system integrator to provide services that are developed on shared cloud-based platforms and tailored primarily to North American customers in such fields as public safety, manufacturing, food and retail, logistics and theme parks.
By establishing Panasonic System Solutions North America Company, Panasonic will expand its capacity to help customers succeed by serving as a reliable business partner capable of supplying customers with distinctive products and solutions designed to solve problems encountered in all aspects of their businesses.