By Yosuke Koide | General Manager: Global Synergy Creation at NEC XON
There’s an AI revolution happening in the data-centric world! Data has become the lifeblood of our digital age, but the sheer volume and complexity present significant challenges. NEC XON acknowledges that the real value lies in effectively processing, analysing, and extracting meaningful insights from vast data repositories. Leveraging AI, we empower organisations to navigate the data deluge effortlessly.
By employing cutting-edge machine learning algorithms and advanced analytics, NEC XON’s AI solutions offer the ability to uncover hidden patterns, predict trends, and make data-driven decisions with greater accuracy and efficiency. But what about our humanity?.
It’s about more than business
NEC XON is dedicated to tackling societal challenges and driving social value by leveraging data and AI technologies. We aim to help create a sustainable future, deliver social benefits, and empower individuals. Fundamental societal transformation has led us to recognise that corporations have to go beyond merely pursuing profit, and help to provide social value to benefit everyone. Respect for individual freedoms and the responsible sharing of limited resources are crucial aspects of NEC XON’s approach. Furthermore, a sustainable future requires effective talent acquisition and training a younger generation to meet future needs. These are just some of the vital challenges that we aim to overcome through data analytics and AI technologies.
NEC XON envisions a world where data acts as a bridge between the real and cyber worlds, and AI serves as the catalyst for analysis and application. By collecting and analysing data from sensors, we help customers gain a deeper understanding of their businesses and the world. This information is then processed using cyber-world analytics and AI to generate insights and conclusions, which are subsequently applied in the real world to create social value.
What AI is and where we apply it
To us AI comprises three fundamental steps: recognition and understanding, thinking and analysis, and action and prescription. AI algorithms effectively computerise human intellectual activities, but efficiently process vast amounts of data. However, AI applications are not solely reliant on technology; human input is crucial in optimising the value created by AI. NEC emphasises the importance of strong AI governance and ethical principles to ensure responsible and beneficial use of AI.
Our parent company NEC has successfully applied AI across various environments and industries. In manufacturing, AI enables automated inspection of production lines and products, reducing costs and ensuring standardised quality. Retail environments benefit from AI-powered demand forecasting, minimisng losses and optimising ordering systems. In financial services, AI aids in fraud detection, lowering detection costs and providing explanations for suspicious account identification. NEC also applies AI in infrastructure monitoring to prevent malfunctions and in healthcare for AI-based self-care, promoting healthier lifestyles while reducing the workload on medical professionals.
NEC XON’s commitment to AI and data analytics reflects our dedication to creating social value and addressing societal challenges. By leveraging the power of data and AI technologies, we pioneer practical applications that drive business growth, enhance operational efficiency, and promote the well-being of individuals and communities. Through responsible and ethical AI implementation, NEC XON is shaping a data-centric world for the better.
If you’d like to discuss any aspect of this blog, please feel free to reach out to us at email@example.com. We’d be delighted to chat.