|- Starting from Vehicle Connectivity Support -|
TOKYO, Feb 12, 2018 - (JCN Newswire) - Sumitomo Electric Industries, Ltd. and NEC Corporation have begun collaborating in the mobility business, including planning and development of automotive components.
In December 2017, the collaboration started with vehicle connectivity support business using networks. The two companies will now plan, develop, demonstrate, and commercialize hardware and software for in-vehicle and transportation infrastructure systems by capitalizing on their cutting-edge artificial intelligence (AI) and Internet of Things (IoT) technologies, while expanding the business in stages.
Recent advancements in IoT technologies have accelerated the creation of business opportunities by seamlessly connecting networks both in and outside of vehicles. Moreover, autonomous driving and car sharing have increased the demand for safe, secure and efficient services utilizing AI.
Sumitomo Electric has been developing and manufacturing a wide range of products that support an advanced society and its stable growth, such as vehicle mobility, including in-vehicle components and traffic control systems for traffic infrastructure. Sumitomo Electric views its role in connecting these products to the Internet and enhancing thier security as a social responsibility.
NEC has an accomplished history of focusing on the social solutions business while leveraging its portfolio of cutting-edge AI technologies, NEC the WISE*, as well as advanced technologies, products, and services, including its IT infrastructure and cloud platforms. NEC also develops software for these products and services, in addition to technologies and solutions to achieve high levels of security.
The two companies will take full advantage of their strengths to develop AI- and IoT-based connectivity products with advanced security and to expand mobility business.
Details of this collaboration:
1. Planning and development of next-generation connectivity products
The two companies will plan and develop next-generation products and services for connecting networks both in and outside of vehicles in order to cater to the expansion of the connected car market. The collaboration will harness Sumitomo Electric's in-vehicle products/technologies and expertise in traffic infrastructure and NEC's cutting-edge technologies in security, AI, and cloud services to develop high-value-added products.
2. Advanced software development for early commercialization of AI/IoT-based products
In line with increasing vehicle functionality, the development of in-vehicle software has become more sophisticated, expansive, and important than ever before. In the joint development of such software, NEC will flexibly offer large-scale development resources with advanced AI and IoT technologies to quickly meet the needs for the development. This will enable Sumitomo Electric to expedite software development and maximize business opportunities in the rapidly changing automotive industry.
The Sumitomo Electric Group will promote research and development in the mobility business focusing on the interface between people and vehicles to help create a safe, secure and comfortable future.
The NEC Group has been globally advancing the social solutions business to promote the safety, security, efficiency and equality of society. Through the fusion of advanced ICT and know-how, the NEC Group will contribute to the betterment of society and realize a brighter and more prosperous future.
NEC the WISE is a portfolio of cutting-edge AI technologies developed by NEC.
The portfolio represents NEC's strong desire to facilitate cooperation between people and AI as we continue to leverage our advanced wisdom to solve the increasingly complex and sophisticated problems confronting society.
Press release: NEC announces new AI technology brand, "NEC the WISE"
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html.
Feb 12, 2018 12:03 HKT/SGT
Source: NEC Corporation
NEC Corporation (TSE: 6701)
Topic: Press release summary
Sectors: Enterprise IT, Automotive
From the Asia Corporate News Network
Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|Apr 19, 2018 12:58 HKT/SGT|
NEC Uses 5G to Contribute to Remote Medical Examination Trials|
|Apr 18, 2018 13:00 HKT/SGT|
What's Next in Making Smart Cities Smarter and Happier?|
|Apr 4, 2018 13:05 HKT/SGT|
NEC: Construction Begins on the Japan-Guam-Australia Cable System|
|Apr 3, 2018 14:29 HKT/SGT|
NEC Accelerates Digital Transformation for Businesses with New Analytics Platform and Professional Services|
|Apr 3, 2018 14:09 HKT/SGT|
CMIC Adopts NEC Voice Recognition Solution for Clinical Trial Support System|
|Mar 28, 2018 16:14 HKT/SGT|
NEC and NICT Use AI to Optimize the Allocation of Network Resources|
|Mar 26, 2018 16:01 HKT/SGT|
MegaFon and NEC Test Artificial Intelligence (AI) for Planning and Maintenance of Transport Network Resources|
|Mar 26, 2018 15:50 HKT/SGT|
NEC Provides 10G-EPON System Supporting KDDI's "au Hikari Home 10 giga"|
|Mar 20, 2018 12:30 HKT/SGT|
Etisalat Selects NEC/Netcracker's NaaS Solution to Accelerate B2B Revenue Growth|
|Mar 19, 2018 11:57 HKT/SGT|
"NEC World Children's Nature Club" Environmental Education Program Expanded to Reach Children in 6 Regions|
|More news >>|