Fanuc has a complete set of software programs for any type of automation. It is the world’s fourth largest manufacturer in this market, next to Siemens, Schneider Electric and ABB. Fanuc also has quite a few subsidiary companies in the areas of project management, electric power generation and distribution, precision mechanics engineering equipment manufacturing. The company was founded by Keizo Takada in 1953 who started it when he realized that an electric motor could replace the manual controllers used on drafting machines at that time. The company name came from its focus on “fan back control” which means controlling with an electric motor instead of gears or belts. At first, Fanuc started by selling electric motors only to the companies that bought their controls. The company then started using the same electric motors to make controllers for machines that needed them. Fanuc has always had an international presence, increasing revenue through advancing its technology and production facilities abroad. It is now present in 100 countries. The company manufactures 95% of its products at home with 5% coming from other firms based abroad or at third party manufacturers. Fanuc has grown tremendously since it was established; by 1978, it had 300 employees but over 10,000 workers by 2010. Their current workforce is about 30,000 people. Fanuc's history dates back to the early 1950s, when Keizo Takada founded a small company in Toyama Prefecture that produced electric motors for draft-making machines. In 1958, Fanuc acquired the Takada Electric Company from the founder’s son and became a supporter of Japanese electrification. In 1974 it established Japan Electronics Corporation (JEC) as its holding company to distribute products related to Japan Electronics Industries (JEI), a company which was originally organized by Takada. The following year Fanuc acquired Wasei Electric Corp., makers of voltage stabilizers and relays. In 1979 JEC changed its name to Fanuc Electronics, Inc. and in 1982, a subsidiary was established in the United States. In 1986 Fanuc acquired a controlling interest in a German controller producer and in 1987 the company established a network of subsidiaries, including JEI and Wasei Electric Corp. In 2001, Fanuc began its product life cycle for its most popular product, servo motor controllers. The new product included electronic package upgrades for 24-volt servo motor controllers produced from 1998 to 2001. In 2009, Fanuc announced it would be able to substitute most of the parts from old robots with new parts from the Robot OS software package, with a cost savings of 30 percent or more. Fanuc controls are written in IS syntax, which is compiled down to instructions for the PLC. However, Fanuc has always supported the Open Systems Interconnection (OSI) model for networking (Networks are simpler than PLCs), and makes many products that comply with OSI standards. The name Fanuc was derived from FAN back, which represents "fan motor". The company started off making motors only but soon branched out into motor control systems. The name stuck even after it reached global status. Fanuc currently holds 56% of world market share for manufacturing robots.
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