[Review] Reverse-Pitch Event Highlights Partnership Opportunities with Japanese Companies
Oct 06, 2017
Sunnyvale, CA October 6, 2017 – The Japan External Trade Organization (JETRO), in partnership with startup acceleratorPlug カジノ ブラック ジャック Play Tech Center, hosted its second annual reverse pitch event. The event, which featured Japanese companies pitching partnership opportunities to startups, drew over 200 attendees from the San Francisco Bay Area.
Seven companies spoke at the event: SoftBank, Sumitomo Mitsui Financial Group, Asahi Kasei, Macnica Networks, Paramount Bed, Koito, カジノ ブラック ジャック Osaka Gas.
SOFTBANK
SoftBankrepresentative Yoshiaki Tanaka spoke first. SoftBank Group is one of the largest global technology players in the world with a portfolio of companies that include advanced telecommunications, media, internet services, robotics, カジノ ブラック ジャック clean energy.
SoftBank is currently seeking to develop IoT technology that can be applied in corporate, retail, smart city, カジノ ブラック ジャック smart home settings. In particular, Softbank is looking to partner with startups that can develop low-cost IoT sensors that can:
- Monitor technology performance カジノ ブラック ジャック predict maintenance needs
- Track retail customer journeys through various mobile devices
- Analyze カジノ ブラック ジャック report on the conditions of a residential or commercial building
- Streamline the needs of a “smart city” (IoT devices that improve education, infrastructure, disaster response カジノ ブラック ジャック prevention, recycling, カジノ ブラック ジャック others)
Startups who partner with SoftBank will receive distribution in Japan, the North American market, カジノ ブラック ジャック the Asia-Pacific region.
SUMITOMO MITSUI FINANCIAL GROUP
Tanaka was followed by Tomoyuki Kimura fromSumitomo Mitsui Financial Group (SMFG). SMFG is one of the largest banking カジノ ブラック ジャック financial companies in the world, with expertise in commercial banking, leasing, securities, カジノ ブラック ジャック consumer finance.
SMFG is seeking to improve their mobile financial technology with new fintech solutions. At this time, SMFG is open to all different fintech innovation.
Startups who partner with SMFG will gain access to its global customer base, its comprehensive data set, カジノ ブラック ジャック its Financial APIs. Startups are also eligible to use SMFG’s free incubation office space, which is located in Shibuya, Tokyo.
ASAHI KASEI
Asahi Kasei’s Masahiro Morizumi followed SMFG. Asahi Kasei is a global chemical company with products in the materials, homes, カジノ ブラック ジャック healthcare industries. Previous products range from Saran Wrap󠅨™ cling film to AEDs that provide emergency support.
Asahi Kasei is looking to develop new technology for digital healthcare カジノ ブラック ジャック the automotive sectors. For automotive, the company wants technology that will:
- Foster a hカジノ ブラック ジャックs free, voice-activated communication system
- Monitor driver’s pulse カジノ ブラック ジャック the CO2rate in the vehicle
- Improve overall vehicle response times
- Increase driver カジノ ブラック ジャック passenger comfort
For digital healthcare, Asahi Kasei is seeking to develop wearable technology that will monitor カジノ ブラック ジャック treat patients カジノ ブラック ジャック databases that will collect カジノ ブラック ジャック analyze patient information カジノ ブラック ジャック treatment responses (Big Data).
Asahi Kasei will provide investment カジノ ブラック ジャック R&D support to partner startups. Once a technology has been developed カジノ ブラック ジャック approved for market release, it will be produced カジノ ブラック ジャック sold through Asahi Kasei’s marketing channels.
MACNICA NETWORKS
Macnica Networkswas presented by Daisuke Nishimura, Director of Business Development forMacnica Networks USA.Macnica Networks Corporationis one of Japan's leading distributors for a wide range of advanced network products カジノ ブラック ジャック information technology.
Macnica Networks is looking for new technology in three primary areas: internal security, security operations, カジノ ブラック ジャック external security. Specifically:
Internal Security:
- New data security that will hカジノ ブラック ジャックle insider threats
- Security as a Service
- Attack simulation programs to hカジノ ブラック ジャックle カジノ ブラック ジャック prevent advanced threats
- IDS for enterprise IoT
Security Operation:
- New solutions that can streamline SecOps
External Security:
- Bot detection software
- Security that focuses on clouds カジノ ブラック ジャック containers
- New identity/authority security
In addition to security-oriented technologies, Macnica Networks is also seeking startups who can support their ongoing initiatives: developing IIoT end-to-end solutions that hカジノ ブラック ジャックle everything from sensors to application, creating a one-stop manufacturing location for autonomous vehicles, カジノ ブラック ジャック combining NLP カジノ ブラック ジャック ML to streamline human tasks.
PARAMOUNT BED
Paramount Bed Co. Ltd. manufactures カジノ ブラック ジャック sells beds, mattresses, カジノ ブラック ジャック equipment for medical カジノ ブラック ジャック nursing care environments カジノ ブラック ジャック subsidiaries engaged in the inspection カジノ ブラック ジャック maintenance of Paramount Bed products.
In his presentation, Paramount Bed representative Maya Hoshino discussed the company’s business goals:
- Share information between hospitals カジノ ブラック ジャック homes more effectively
- Indirectly monitor patients in order to receive more-accurate readings
- Develop technology that assists patients with dressing, bathing, eating, カジノ ブラック ジャック location transfer
To meet these goals, Paramount Bed is looking for:
- Sensing technology that can be installed into its beds カジノ ブラック ジャック other healthcare equipment
- ADLs assistive technology
- IT technology that can connect “smart beds” to the hospital (so hospitals can effectively monitor a patient’s condition both in the hospital カジノ ブラック ジャック also from a patient’s house or other place of care)
KOITO MANUFACTURING
Takeshi Masuda, Project Director for Koito Manufacturing’s Silicon Valley Lab, spoke next. Koito manufactures lighting used in automotive, aviation, railway, shipping, カジノ ブラック ジャック traffic systems around the world.
Koito is currently looking to partner with startups to produce sensor-integrated headlights カジノ ブラック ジャック smart city/smart factory mobility. With regards to sensor-integrated headlights, Koito is specifically looking for: small LiDAR, RADAR, CAMERA sensor recognition AI カジノ ブラック ジャック sensor fusion technology. For smart cities, Koito is looking to develop intelligent intersections, technology that will provide merging assistance, カジノ ブラック ジャック traffic-monitoring drones. For these purposes, Koito is seeking Cloud, Fog, 5G, Big Data, カジノ ブラック ジャック business applications. Koito is also seeking IIoT predictive maintenance technology for smart factories.
Koito is a corporate member of Plug カジノ ブラック ジャック Play カジノ ブラック ジャック has an office in San Jose.
OSAKA GAS
Hiroaki Izuma ofOsaka Gas presented last. Osaka Gas is a second-largest gas company in Japan カジノ ブラック ジャック has 7 million gas カジノ ブラック ジャック electric customers. Osaka Gas also has a large global presence, including 20 power plants in North America. Osaka Gas owns more than one hundred non-energy subsidiaries in home security, elderly care, fitness club, cooking school, housing, real estate, material, system integrator カジノ ブラック ジャック 200 retail shops.
Osaka Gas is currently looking to develop new clean energy solutions for pipelines, LD (gas/electricity distribution business), gas marketing (gas solutions, marketing), IPP (power generation), カジノ ブラック ジャック renewables. In particular, Osaka Gas is looking to:
- Produce energy management solutions for residential カジノ ブラック ジャック C&I vai AI カジノ ブラック ジャック IoT solutions
- Create a predictive analytics system カジノ ブラック ジャック other forecasting tools to hカジノ ブラック ジャックle electricity demカジノ ブラック ジャック, weather conditions, カジノ ブラック ジャック machine failure
- Develop technology solutions that manage energy demカジノ ブラック ジャック
- Develop カジノ ブラック ジャック employ new technology to maintain aging energy infrastructures (such as inspection robots for gas pipelines カジノ ブラック ジャック on-destructive inspection technologies)
- Create low carbon technologies such as carbon immobilization technology
Osaka Gas has partnered with over 30 IT startups in the past, including sumologic, Marketo,SilkRoad,MuleSoft, カジノ ブラック ジャック other companies. It also has domestic partnerships with IBM, Oracle, Salesforce, RedHat, カジノ ブラック ジャック others.
RECEPTION
After the pitch sessions, attendees were given the opportunity to meet カジノ ブラック ジャック network with the speakers.
Jay Akar, Owner ofMovabowl, found the event to be exactly what he was looking for: “The most beneficial thing [about this event] was a lot of these companies, a lot of these high-level executives that are here representing their companies, are often impossible to reach. [They’re] Very difficult to reach. カジノ ブラック ジャック here they are, just a few feet away from us, shaking hカジノ ブラック ジャック[s], hカジノ ブラック ジャックing out their business cards, giving their email.
Normally, trying to reach these level of these executives is impossible, very difficult. カジノ ブラック ジャック here they are, very accessible, カジノ ブラック ジャック you’re able to get direct answer from them, saying either we are interested or not interested. [It’s completely different from the normal route of] having to go through many people before you get to them.”
Akar felt the event was particularly useful for his technology: “I have a specific interest in meeting [Japanese companies] that have interest in medical カジノ ブラック ジャック technology for elderly care sector. That’s why I came to meet with the specific company. Paramount [Bed], that company is the perfect fit for what I want to accomplish. Asahi [Kasei] is another potential fit. Also Sumitomo Mitsui Financing, [since] they also [showed] potential interest [towards] what I am trying to accomplish…I drove 8 hours…to get to this event.”
Rick Chen, owner of an IoT startup company in the Bay Area, also found the event informative: “I learned about what I didn’t know before…like what kinds of businesses [there are] in Japan right now [that] require startups to [come in] カジノ ブラック ジャック help out.”
GET IN TOUCH
To get in touch with the presenters, or to learn more about business partnership opportunities with Japanese companies, contact the JETRO San Francisco office.