NEC to expand ‘big data’-related processing, analyzing business

Kyodo

NEC Corp. will expand its business related to collecting, processing and analyzing a growing amount of digital information, dubbed “big data,” and adapt the technology to various fields, including communications, agriculture and transportation.

Through the launch of new products and services as well as boosting the number of experts to 200, the electronics maker aims to chalk up sales related to the big data business to ¥150 billion over the next three years, Senior Vice President Masato Yamamoto said Monday.

According to Yamamoto, the company currently generates annual sales of about ¥30 billion to ¥40 billion in the big data business, which involves collecting large data on the Internet.

Although there are currently large volumes of data, much of it is not utilized, Yamamoto told the news conference. “Various data will be computerized and information will increase explosively,” he said.