FestoStrategic partnership with FlexFactory
Festo and the FlexFactory joint venture between MHP, Munich Re and Porsche are consolidating their strategic partnership and entering the market with a joint offering for machine and plant manufacturers and operators of plants and factories.
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<p>Festo's 'Smartenance' maintenance software collects data and makes it available to FlexFactory's 'Risk Balance Board' via a 'Digital Financial Twin'. This allows individual process steps on the store floor to be evaluated and continuously monitored in near real time.</p> © Festo