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Murata Manufacturing develops industrial smart plug through internal venture

Monday, February 2, 2026 at 06:40 AM

Murata Manufacturing has introduced an industrial-grade smart plug developed by its internal corporate venture group, aimed at optimizing factory and industrial power monitoring.

Context

Murata Manufacturing has launched a specialized industrial smart plug developed through an internal startup venture to accelerate digital transformation in legacy factories. In partnership with ORC Manufacturing, a leader in industrial exposure systems, the device is designed to monitor power consumption and operational health in real-time. This move signals Murata’s strategic pivot toward high-margin IoT service models that integrate hardware with cloud-based data analytics, moving beyond its traditional role as a component supplier. The solution addresses a critical bottleneck in the semiconductor supply chain: the high cost of upgrading aging equipment. By allowing for non-invasive retrofitting, Murata enables manufacturers to achieve significant improvements in energy transparency and predictive maintenance efficiency without replacing expensive machinery. As industrial players face mounting pressure to hit strict decarbonization targets and improve yield rates by 2030, this venture positions Murata as a key provider of essential tools for optimizing existing production infrastructure through the "retro-fit" IoT market.

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