NEC Plans 100 Billion Yen Sales from Smart Connectivity Business

NEC can build the IoT networks connecting temporary networks at construction sites, while quickly and easily providing sensors in factories

NEC Corporation, a global leader in integration of IT and network technologies, announced that it is aiming to achieve net sales of 100 billion yen in the NEC Smart Connectivity business in fiscal 2021.

The company, under the new brand ‘NEC Smart Connectivity,’ will accelerate its services business throughout a vast range of new areas by utilising its strengths in networking technologies and solutions.

As the population worldwide increases and digitalisation advances, the number of Internet of Things (IoT) devices globally is likely to cross 40 billion in 2020, creating extensive connections between people and things. With digitalisation, services leveraging artificial intelligence (AI), IoT and other technologies are offering new value and quickly expanding into fields that include transportation, local government and daily life.

NEC provides the following services its NEC Smart Connectivity business:

Services that leverage network strengths

  • NEC offers flexible, reliable, custom-made connectivity services that are aimed at driving the evolution of conventional networks, connect people and things, and serve as a basis for data utilisation. Specifically, the company can build dedicated, large-scale, secure wireless networks for transportation operators and municipalities.
  • In line with customer needs, the company provides a wide range of services, from consulting to installation and operation, by selecting the most appropriate services from wired, LPWA, LTE, 5G and others. Specifically, it can build the IoT networks connecting temporary networks at construction sites, while quickly and easily providing sensors in factories.
  • The company can offer a service infrastructure that combines various technologies, such as biometric identification, identity collaboration, data collaboration, and blockchain to distributors and financial businesses, and promote data distribution that delivers the right information to the right people and things.

Business promotion system reinforcement

NEC has consolidated network personnel for enterprises and government with network personnel for service providers, then created a 500 personnel team for the NEC Smart Connectivity business. In addition, the group has strengthened group synergies and established a unified service provision system.

Business creation initiatives 

In the summer of 2019, NEC will establish the “NEC Smart Connectivity Lab” at its Tamagawa offices as a space for customers to experience services and co-create ideas to produce solutions.

In 2018, NEC began creating community connections with companies in various industries in order to accelerate business through open innovation under “5G Co-Creation Working,” a forum for co-creation of services.

The NEC Group is promoting its “Social Solutions Business” on a global scale, which creates social value in terms of safety, security, efficiency and equality. Going forward, NEC will combine advanced ICT and expertise to create an efficient and sophisticated society in which people can live brighter and more affluent lives.

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