July 7th 2023

Toshiba announces a global technology alliance with Loftware.

Toshiba TEC Corporation and Loftware Corporation have announced a global technology alliance to accelerate the adoption of digital transformation initiatives in the manufacturing and supply chain industries.

Under the alliance, Toshiba TEC will integrate Loftware's content management and automation solutions with its own portfolio of manufacturing and supply chain solutions. This will enable customers to more easily and efficiently manage and automate the flow of information throughout their operations.

"We are excited to partner with Loftware to offer our customers a comprehensive solution for digital transformation," said Toshikazu Mori, President and CEO of Toshiba TEC. "Loftware's solutions are a perfect complement to our own, and together we can help customers improve their efficiency and productivity."

"We are pleased to partner with Toshiba TEC to bring our solutions to the manufacturing and supply chain industries," said Mark Smith, CEO of Loftware. "Toshiba TEC is a leading provider of manufacturing and supply chain solutions, and we are confident that this partnership will be a win-win for both companies and our customers."

The alliance is expected to be completed in the first half of 2024.

Specific benefits of the alliance include:

• Improved efficiency and productivity: By integrating Loftware's content management and automation solutions with Toshiba TEC's manufacturing and supply chain solutions, customers can more easily and efficiently manage and automate the flow of information throughout their operations. This can lead to improved efficiency and productivity, as well as reduced costs.
• Increased visibility and control: Loftware's solutions provide customers with increased visibility and control over their content and processes. This can help customers to identify and address potential problems before they occur, and to improve decision-making.
• Enhanced compliance: Loftware's solutions can help customers to comply with regulatory requirements. This is important in industries such as manufacturing and supply chain, where compliance is critical.

The alliance is expected to be a significant step forward in the adoption of digital transformation initiatives in the manufacturing and supply chain industries.