FRONTEO Inc. (Headquarters: Minato-ku, Tokyo, President: Masahiro Morimoto) is operated by Showa Denko Inc. (Headquarters: Minato-ku, Tokyo, President: Kohei Morikawa) in the internal examination of investment in production equipment, etc. FRONTEO's natural language processing AI engine "KIBIT" for the purpose of leveling and efficiency^®We announce that we have adopted.

Showa Denko conducts examinations from many perspectives, such as the financial effect of investment decisions made in the past and safe and stable operation, when deciding whether to invest in new construction, maintenance, or renewal of production equipment.In the examination of validity in production technology and engineering, we utilize the know-how gained from the cumulative total of more than 20 examinations over the past 2,000 years, but so far we have searched for keywords from multiple document databases and document files. Therefore, it was not easy to narrow down, and the judgment of similarity largely depended on the experience of the judges, so the accumulated data could not be fully utilized.Therefore, we decided to introduce a database search system using AI in order to make more effective use of the viewpoints related to the safe and stable operation of equipment accumulated in the past examinations.

Showa Denko will carry out technical verification from December 2018 using FRONTEO's "KIBIT" to see how accurately and efficiently similar projects required for examination can be extracted from past capital investment projects. did.Specifically, "KIBIT-Connect" that provides "KIBIT" via API^■Was used to link with Showa Denko's investment review project database, and over 2,000% of the investment review projects accumulated in the past were extracted and the text description part was analyzed.

KIBITImage of introduction

The following results and effects were clarified by the technical verification.

● High search efficiency has been clarified, which reduces the time required from searching for similar projects to viewing the details of the project to nearly 1/10 * of the conventional method, making it possible to improve the efficiency of examination work.

● High analysis accuracy is confirmed by scrutinizing the test results, and it is possible to level the examination work with knowledge without depending on the experience of the examiner.

● Since multiple similar projects can be extracted at the same time, it is possible to make maximum use of knowledge related to equipment safety measures.

* Showa Denko research

"KIBIT" gives a document selected based on "tacit knowledge" such as past examples and the intuition and feeling of experienced people as "teacher data", and learns the characteristics of the document, along the judgment axis. It is an AI engine that efficiently extracts the documents you want to find. "KIBIT" is characterized by analyzing and sorting a large amount of data in a short time with lightweight operation even if the amount of teacher data is small.

Showa Denko will start full-scale operation of "KIBIT" in the capital investment examination, and will consider applying it to accident / abnormality information at production sites.

Comments from Showa Denko KK for this announcement

The Showa Denko Group is promoting "strengthening AI / IoT" in its medium-term management plan "The TOP 2021".FRONTEO's "KIBIT" adopted this time promotes operational efficiency and sophistication in the in-house examination of investment in production equipment, etc., and greatly contributes to the realization of our safe and stable operation and strengthening of business competitiveness. I'm expecting it.

■KIBIT-Connect about

We provide the AI ​​engine "KIBIT" through APIs, enabling cooperation with customers' business systems and AI application development by external development partners.Please refer to the following page for details.https://kibit.fronteo.com/products/kibit-connect/

[FRONTEO Inc. About] URL: https://www.fronteo.com/
FRONTEO Inc. has developed its own artificial intelligence engine "KIBIT".^®(Kibit) ”and“ concept encoder^®(Concept encoder) ”is a data analysis company that supports information analysis such as big data.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.In-house developed data analysis platform "Lit i View"^®(Lit Eye View) ”,“ Predictive Coding Predictive Coding^®(Predictive Coding) ”technology is used to provide legal proceedings support to companies.The unique artificial intelligence-related technology cultivated and developed in this legal business learns "tacit knowledge" such as expert experience and intuition, and realizes prediction of future behavior from analysis of human thoughts.We have expanded into areas such as life science and business intelligence, and have achieved results in "work style reform" in addition to FinTech and RegTech. Listed on TSE Mothers on June 2007, 6 and NASDAQ on May 26, 2013.The capital is 5 thousand yen (as of March 16, 2,559,206). As of July 2019, 3, the company name has been changed from UBIC Co., Ltd. to the current company name.