Ballista and FRONTEO sign a strategic partnership agreement to jointly deploy solutions that will fundamentally transform the manufacturing industry's DX

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2023.06.12 Press release

--To the press -

Ballista and FRONTEO sign a strategic partnership agreement to jointly deploy solutions that will fundamentally transform the manufacturing industry's DX

Combining natural language processing technology and consulting capabilities to aim for drastic reform of the profit structure of the manufacturing industry

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

 Ballista Co., Ltd. (Chiyoda-ku, Tokyo, President: Takato Nakagawa, hereinafter Ballista) and FRONTEO Co., Ltd. (Minato-ku, Tokyo, President: Masahiro Morimoto, hereinafter FRONTEO) have entered into a strategic partnership agreement. announces that it has signedIn this partnership, the two companies will jointly develop solutions to realize essential and effective transformation in response to the structural challenges of DX (digital transformation) faced by the Japanese manufacturing industry.
 
 At Ballista, consultants who have led transformation since the dawn of DX provide strategy formulation and execution support that radically transforms the profit structure of various industries, including the manufacturing industry.In addition, FRONTEO develops and provides AI engine applications and supply chain analysis solutions that utilize natural language processing technology, and has strengths in analyzing and utilizing risk and tacit knowledge.By combining their respective strengths, both companies will propose a new standard for DX in the manufacturing industry.
 
 In recent years, the manufacturing industry has been promoting DX centered on the introduction of packaged solutions and IoT, but the effects have been limited, and the reality is that only a small number of companies have been able to increase their profits. Since the speed of DX and the issues it faces differ greatly depending on the production format and scale, it is necessary to accurately understand the current situation and profit structure of each company and draw up an appropriate transformation approach.
 
 At the same time, it can be said that the difficulty of digitizing various internal information is a common issue in DX promotion efforts.The data held by companies includes a huge amount of unstructured text such as daily reports, and because it is difficult to sufficiently analyze such data, the implicit knowledge buried in the data is There are some cases where it is not possible to use it and it does not lead to the creation of effects such as improvement of work quality and efficiency at the expected level.
 
 By utilizing Ballista's consulting function and FRONTEO's AI solution to address these issues, both companies have a lean approach that makes full use of the power of realization beyond the boundaries of structured and unstructured data and consultation that eliminates waste. In this way, we will promote real change that is not just a concept, and create effects that are directly linked to profitability.
 
<FRONTEO × Ballista alliance provides unique added value that leads to early profit creation by developing a lean approach that transcends the boundaries between structural and non-structural>

 

Comment from Nakagawa, President of Ballista
“I want to make fundamental changes to the Japanese manufacturing industry and restore its original growth.I believe that by realizing these, we can approach various social issues facing Japanese society.
Having drawn corporate transformation and growth strategies at a major consulting firm, and having contributed to business growth.We are confident that we will be able to utilize the experience and knowledge we have cultivated so far and collaborate with FRONTEO, which has many AI capabilities, to realize a comprehensive transformation that is not just a rice cake in the picture but has the ability to execute. increase. ”
 
FRONTEO President Morimoto Comment
“We believe that collaboration with Ballista, which has deep business insight and strategic capabilities, will be very effective in promoting the social implementation of AI solutions. I expect that we will be able to sprout many seeds of growth and contribute to the development of Japanese industry.”
 
Both companies will contribute to the improvement of the international competitiveness of the Japanese manufacturing industry by creating a model case for innovation in the manufacturing industry with a first-of-its-kind approach in Japan and deploying it.
 
 
About Ballista
In order to solve complex social issues, we believe that it is essential to maximize the individual potential of professionals and co-create value through chemical reactions between professionals. Ballista is an organization where professionals gather (professional guild).Yoake)” and aims to maximize the potential of professionals. The Professional Guild is an organization where professionals from various fields gather to tackle social issues and create new value. In addition to directly approaching, we aim to solve problems with an indirect approach through the promotion of DX of large companies, the creation of new businesses, support for organizational transformation, and alliances.
 
About FRONTEO
FRONTEO is a data analysis company that provides various AI solutions and services using the in-house developed AI engine "KIBIT". Based on the philosophy of "providing solutions that do not overlook risks and opportunities buried in records and realizing fairness in the information society," extract meaningful and important information from vast amounts of text data and complex networks. Our strengths are natural language processing and network analysis technologies that support the advanced judgment of experts.We are developing businesses in the areas of legal tech AI, business intelligence, life science AI, and economic security, and contributing to solving various corporate and social issues. Founded in August 2003, listed on Tokyo Stock Exchange Mothers (currently Tokyo Stock Exchange Growth) on June 8, 2007.The company operates in Japan, the United States, South Korea, and Taiwan.Acquisition of first-class medical device manufacturing and sales business license, notification of controlled medical device sales business.Capital 6 thousand yen (as of March 26, 3,042,317).
 
Overview of Ballista Inc.
Company name: Ballista Co., Ltd.
Location: VORT Kanda 1F, 3-1-3 Kajicho, Chiyoda-ku, Tokyo
Established: September 2022
Representative: Takato Nakagawa, President and Representative Director
 
 
Overview of FRONTEO Co., Ltd.
Company name: FRONTEO Co., Ltd.
Location: Meisan Takahama Building, 2-12-23 Konan, Minato-ku, Tokyo
Established: September 2003
Representative: Masahiro Morimoto, President and Representative Director
 
* FRONTEO and KIBIT are registered trademarks of FRONTEO in Japan.

 

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