SMBC and Fujitsu partner towards creation of AI-powered data analytics business
Tokyo and Kawasaki, Japan, Apr 3, 2025 – (JCN Newswire via SeaPRwire.com) – Sumitomo Mitsui Banking Corporation and Fujitsu Limited today announced a partnership to explore the creation of a data analytics business, designed to empower customers with enhanced decision-making and operational efficiency.The partnership comes after a joint project team formed by the two companies in 2024 conducted a survey of customer needs and discovered that various industries, including manufacturing, wholesale, and retail, want to move away from decision-making based on individual experience and promote data-driven operations to improve efficiency, and enhance management decision-making.To meet these needs, the two companies will combine their expertise and technologies to create a data analytics business focused on solving customer challenges.These efforts come against the backdrop of Japan’s aging population and declining birthrate which is leading to labor shortages and increased personnel costs, as well continuing corpor…