Collaborative creation begins to promote smart factories - Providing a new dedicated insurance service that utilizes data from IoT products

Macnica (President: Kazumasa Hara, hereinafter "Macnica"), Sompo Japan Insurance Inc. (President: Keiji Nishizawa, hereinafter "Sompo Japan"), and SOMPO Risk Management Inc. (President: Junichi Sakurai, hereinafter "SOMPO Risk"), a total Services & Solutions provider in the semiconductor, AI/IoT, and other fields, will collaborate to provide a new service from May 2020 to monitor the condition of critical facilities using vibration sensors and other devices, and to provide a package of IoT products that enable visualization and accumulation of sensing data. (hereinafter "SOMPO Risk") will collaborate to provide a package of IoT products that enable condition monitoring, visualization, and sensing data accumulation of critical facilities using vibration sensors, etc., and a new service to develop insurance policies and provide optimal insurance proposals using such data and technologies, starting in May 2020.

1. Background

With the progress of IoT technology, sensing in factories is progressing in the manufacturing industry, and while some companies are working to make them smarter, the number of companies that are making progress in utilizing advanced technology is still limited ^{* 1}.
Factors that hinder the use of advanced technology by companies include hesitation to introduce it due to concerns about cost effectiveness and whether it can actually be used effectively at the factory floor.
In addition, considering the IoT introduction rate and future introduction plans ^*2 of Japanese companies, there is concern that they will fall further behind Western companies in the future.
Therefore, supporting the introduction of IoT by companies is expected to become even more important in the future in order to maintain the international competitiveness of companies.

*1: Source: Regarding the state of utilization of advanced technologies (IoT, AI, etc.) according to a survey by the Local Finance Bureau
*2: Source: Ministry of Internal Affairs and Communications, “Investigative Research on Innovation and New Economy Formation through ICT” (2018)

2. Service overview

Macnica leverages the group's diverse product lineup and technological capabilities to provide one-stop support, primarily in the manufacturing industry, from consulting to sensing data collection, AI model development and integration, and system operation.
In addition, IoT products "SENSPIDERⓇ” and sensing terminals, as well as software for data generation tools and analysis tools.

Sompo Japan and Sompo Risk provide insurance and related services that compensate for damage to buildings (factories), equipment, and machinery for companies.
By providing Macnica 's IoT products and systems with insurance and services packaged together, the three companies will now be able to easily accumulate and visualize the operating status data of critical equipment, and will be able to predict equipment accidents and failures. Not only can we prevent production from stopping due to unforeseen circumstances, but we can also appropriately manage risks based on the data we collect about the operating status, so we can propose the most suitable insurance for each factory depending on the operating status. is also possible.

3. About the future

Macnica, Sompo Japan, and Sompo Risk will jointly provide optimal proposals tailored to corporate needs and support the transformation of Japan's manufacturing industry into smart factories.
In addition, we will contribute to strengthening the international competitiveness of Japan's manufacturing industry by detecting abnormalities and performing predictive maintenance using monitoring and AI based on data collected on the cloud, and developing and providing optimal insurance. To do.

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