NEC Establishes “NEC X” in Silicon Valley

Osamu Fujikawa, senior vice president with NEC and head of the company’s Business Innovation Unit, is slated to become the CEO of NEC X as it begins operations in July 2018.

NEC X will leverage the ecosystem of NEC’s talent and technologies in order to promote commercialization through open innovation. These initiatives will result in the creation of an “outbound style” of business that actively provides state-of-the-art technology and new business ideas.

As one of the new company’s first initiatives, NEC X will begin implementing the “NEC Accelerator Program” in July 2018 in order to launch the first startups in early 2019. Singularity University is humbled and thankful to NEC for their partnership.”

“NEC is now accelerating the monetization of its competitive technologies by creating diverse alliances as part of the ‘strengthening of business development capabilities’ in the ‘restructuring of execution capabilities’ that are outlined in the Mid-term Management Plan 2020(2) that NEC announced in January 2018,” said Osamu Fujikawa, Senior Vice President, NEC Corporation. “The establishment of NEC X is an important advancement in this process, following the founding of dotData, Inc.(3) earlier this year.”

For more information on NEC X, please see the following link:
http://nec-x.com/

(1) Singularity University
https://su.org/
(2) NEC establishes “Mid-term Management Plan 2020”
https://www.nec.com/en/press/201801/global_20180130_02.html
(3) Disrupting data science with artificial intelligence NEC establishes a startup in Silicon Valley for automating data analytics
https://www.nec.com/en/press/201804/global_20180426_01.html

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world.




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