NEC Establishes NEC Laboratories India
June 21 2018 - 2:01AM
JCN Newswire (English)
NEC Corporation (TSE:6701) today announced the establishment of
NEC Laboratories India (NLI), a solutions and technology research
and development site in Mumbai, India, aiming for the global
expansion of its solutions for society business.
The new laboratories will be established in July 2018 within NEC
Technologies India Private Limited (NECTI), where Akihiko Iketani,
senior manager, Central Research Laboratories, NEC Corporation, is
slated to lead operations. By employing highly skilled IT talent
and conducting joint research with academia, customers and
partners, NLI will promote the agile development and
commercialization of solutions for India and other emerging
countries in collaboration with NECTI's Centers of Excellence(1)
(NECTI CoE).
Aiming to launch new business utilizing local know-how and big
data, which are acquired through existing business and
partnerships, such as the system integration for the Bus Rapid
Transit (BRT) systems in India and logistics visualization
services, NLI will engage in the creation of new solutions in the
fields of public transportation and logistics, public safety,
digital government and cashless payment.
The annual growth rate of GDP in India is between +7 to 8% on
average, and the country's ICT market is expected to achieve annual
revenue of 51 billion USD by 2020, becoming the largest market in
the Asia-Pacific region(2). Moreover, in support of developing a
livable and sustainable society, the Indian Government is looking
to invest 50 billion USD annually in smart cities projects. Coupled
with this, the increasing need for anti-terrorism measures has
caused a sharp rise in demand for public safety solutions.
Positioning the safety business as a global growth engine in its
"Mid-Term Management Plan 2020," covering the three-year period
until FY2020, NEC aims to promote the expansion of "NEC Safer
Cities" business, including public safety, digital government and
smart transportation.
As part of these efforts, NLI will accelerate and strengthen the
development of solutions for society and promote the spread of
solutions from India to other emerging countries, while blazing a
successful path of reverse innovation to markets throughout the
world.
"We need to take a long-term perspective and address
community-based research and development activities to win the
confidence of local customers and partners. The establishment of a
research and development site in India, where there is a wealth of
IT talent, will enable us to create solutions that are valuable for
the whole world through agile research and development," said Motoo
Nishihara, senior vice president, NEC Corporation.
Please see the following URL for more information on NEC Safer
Cities:
https://www.nec.com/en/global/solutions/safercities/
(1) NECTI Center of Excellence:
A development site with advanced know-how that operates in a wide
array of fields, including Biometrics, Analytics and Retail
(2) According to NEC research as of June 19, 2018
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.
Source: NEC Corporation
Contact:
NEC
Seiichiro Toda
s-toda@cj.jp.nec.com
+81-3-3798-6511
Copyright 2018 JCN Newswire . All rights reserved.