On April 3, 2025, Sumitomo Mitsui Banking Corporation (SMBC) and Fujitsu Limited signed a MoU. SMBC is led by President and CEO Fukudome Akihiro. Fujitsu is headed by President and CEO Tokita Takahito. They will explore developing a data analytics business together. This initiative seeks to improve decision-making and boost operational efficiency for customers. It does this through advanced AI-driven data analysis.
Addressing Key Challenges
Japan faces big challenges. Labor shortages and rising costs are major issues. These problems come from an aging population and a smaller workforce. Corporate sustainability efforts are getting more attention. Reducing CO2 emissions, cutting excess inventory, and limiting industrial waste are key steps. These actions help create a more sustainable society.
In 2024, SMBC and Fujitsu launched a co-creation project team. They focused on research and analysis to meet customer needs. Many industries, like manufacturing, wholesale, and retail, show strong demand. Companies want to shift away from traditional decision-making. They seek data-driven approaches for their operations and strategies.
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Advancing Data-Driven Solutions
SMBC and Fujitsu will team up. They will merge their skills and tech to start a data analytics business. This teamwork helps businesses get AI-driven insights. This way, they can make smart decisions and tackle important challenges.
