The company is forming an alliance with Sonpo Japan Insurance and Sonpo Japan Risk Management in an attempt to accelerate the process.
According to the company, the new security product will attempt to increase safety and security and improve return on investments for customers. It will be utilized at manufacturing facilities to analyze the movements of workers and products in an effort to decrease waste and staffing inefficiencies and improve productivity.
Omron is forecasting sales of the product of 6 billion yen for the fiscal year ending March 31, 2008.