English 
ITOCHU Techno-Solutions Corporation has entered into a business alliance agreement with Relic Inc. to launch a “Business Produce Service” that utilizes digital technology to support companies in creating new businesses and transforming existing ones. By combining CTC’s ability to build systems using generation AI and cloud technology with レリック‘s know-how and execution capabilities in business development, the service will provide hands-on support at every phase, from business conception to service development and growth. The goal is to implement more than 30 business creation projects within three years.
In recent years, creating new revenue streams and transforming existing businesses have become crucial management challenges for companies. While the use of new technologies such as generative AI and cloud computing is progressing, there is a lack of know-how and personnel to connect a company’s data and business knowledge to new businesses, resulting in cases where projects do not reach commercialization. Furthermore, when the teams responsible for business planning and system development are separate, the background and history of the concept and decision-making process are not sufficiently shared and reflected in the development process, leading to a discrepancy between concept and implementation, and causing business commercialization to stagnate.
Our business production service is a hands-on service that utilizes digital technologies such as generative AI and cloud computing to support businesses from conception to service development and growth. For each business project, we assemble a mixed team of experts from both companies, and the same team supports every phase from business planning, market research, hypothesis testing, system development, to business operation, preventing information loss and misunderstandings between phases.
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CTC leverages its extensive expertise in service design, agile development, and system construction utilizing generative AI and cloud technologies to handle system design, construction, and development of operational infrastructure for realizing business ideas. In addition, by combining this with the know-how and execution capabilities cultivated through supporting the commercialization and growth of over 5,000 companies, CTC will support the discovery of business opportunities through market research and customer analysis, the formulation of business concepts, and the design of revenue models.
This service enhances “build service,” a digital business development support service that CTC has been providing since 2021.
Going forward, both companies will build on their track record in supporting business creation through the provision of this service, and will expand their service menu by utilizing cutting-edge technologies such as generative AI. By strengthening their support system from business concept to business growth, they will contribute to the continuous creation of innovation for their customers.
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