FRONTEO exceeds 200 companies that have introduced products in the AI ​​solution area

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2019.10.08 Press release

--To the press -

FRONTEO exceeds 200 companies that have introduced products in the AI ​​solution area

In addition to enhancing product functions that meet customer needs, we are developing new solutions that support regulatory compliance and compliance enhancement.

FRONTEO Inc.
Masahiro Morimoto, President and CEO
2-12-23 Konan, Minato-ku, Tokyo
(Code number: 2158 TSE Mothers)
(NASDAQ ticker symbol: FTEO)

FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) announces that the total number of products introduced in the AI ​​solution area has exceeded 200.

FRONTEO launched the "AI Solution Business" in 2014 in order to apply the natural language processing technology cultivated in fields where failure is not allowed, such as international litigation support and fraud investigation, which we have been working on since our establishment, to our client companies. We mainly provide products and solutions equipped with two proprietary artificial intelligence engines, KIBIT and Concept Encoder. The products of the "AI Solution Business" are used by customers in a wide range of industries, including manufacturing, various financial institutions, and government agencies, and the number of companies that have introduced them exceeded 2 in the first quarter of 2018, and one year thereafter. It has reached 1 companies in too much.

One of the factors that greatly increased the number of companies that have introduced AI is the strengthening of efforts for "work style reform" that promotes productivity improvement, and while the utilization of AI for business is becoming more serious, it will be used in a wider range of business scenes. In order to support the utilization of AI, the next-generation version of "KIBIT G2018" will be provided from the fall of 2, and the functions of each product will be enhanced and renewed.In addition to expanding the usage of KIBIT by providing API "KIBIT -Connect", the number of companies that have introduced the patent search support system "Patent Explorer 19" with automatic setting of teacher data and expansion of the patent database. Accelerated the increase.

Furthermore, we will focus on "compliance measure support", which is becoming more and more necessary due to compliance with various laws and regulations, and have been included in the "Financial Instruments and Exchange Law", the Ministry of Health, Labor and Welfare "Guidelines for Sales Information Provision Activities for Medical Drugs", and "Premium Labeling Law". The development of new solutions that support the corresponding “daily / weekly report screening” and “advertising screening” related operations is also progressing steadily.In addition, we are strengthening and promoting the use of "harassment detection" services that comply with the "Revised Labor Policy Comprehensive Promotion Law," which obliges companies to take appropriate power harassment prevention measures.

In the business development of FRONTEO Healthcare, which will be merged on October 2019, 10, we have started to provide drug discovery research support AI system and fall prediction system. Taking advantage of the characteristics of the artificial intelligence engine "Concept Encoder" with "objectivity," "transparency," and "reproducibility," the number of companies that have introduced it is expected to grow further in the healthcare industry.

Also, at KIBIT,KIBIT Partner NetworkTogether with our partners, we will raise awareness of AI solutions centered on KIBIT and expand customer contact points. Concept Encoder will deepen collaboration and development opportunities with business companies, research institutes, and academia in the healthcare industry, and expand opportunities to provide products and services.

In this way, FRONTEO will continue to propose AI solutions that are easy to introduce and utilize speedily according to the business issues of customers, and provide one-stop services up to operational support, solving issues of more companies, improving operations, and further. Will endeavor to support the development of the business.


■ AI Solution Business Product / Service List

<KIBIT series>
-"KIBIT-Connect" that provides the KIBIT engine as an API
-Business data analysis support system "Knowledge Probe"
-Patent search / analysis system "Patent Explorer"
-E-mail automatic audit system "Email Auditor"
-Q & A system "Find Answer"

<Kibiro>
-Reception / customer service support robot "Kibiro for Biz"

<Concept Encoder>
-Drug discovery research support AI system
-Fall fall prediction system

■ About KIBIT
"KIBIT" is an artificial intelligence engine originally developed by FRONTEO that combines Landscaping, an artificial intelligence-related technology, and behavioral information science.By combining the "subtleties" of the human mind (KIBI) and the unit of information "bits" (BIT), it means "artificial intelligence that can learn the subtleties of humans."By reading the meaning of sentences from texts and learning the tacit knowledge and feelings of people, it is possible to reproduce judgments and how to select information on behalf of people.

■ About FRONTEO URL: https://www.fronteo.com/
FRONTEO Co., Ltd. is a data analysis company that supports the analysis of information such as big data using its proprietary artificial intelligence engine "KIBIT".Established in August 2003 as a company that supports e-discovery (electronic discovery), which preserves, investigates, and analyzes electronic data necessary for international litigation, and digital forensic investigations.Proceeds against companies by making full use of in-house developed data analysis platform "Lit i View" and "Predictive Coding" technology that supports multiple languages ​​of Japanese, Chinese, Korean, and English. We provide countermeasure support.Unique artificial intelligence-related technologies such as "KIBIT" cultivated and developed in this legal business learn "tacit knowledge" such as expert experience and intuition, and analyze human thoughts to analyze future actions. Realize the prediction.We have expanded into areas such as healthcare and business intelligence, and have achieved results in "work style reform" in addition to FinTech and RegTech. Listed on TSE Mothers on June 8, 2007 and NASDAQ on May 6, 26.The capital is 2013 thousand yen (as of March 5, 16). As of July 2,559,206, 2019, the company name has been changed from UBIC Co., Ltd. to the current company name.

<Contact for inquiries regarding this matter>
Public Relations Officer, FRONTEO Inc. Takahashi, Kawamoto
TEL: 03-5463-6380 FAX: 03-5463-6345 Email: pr_contact@fronteo.com