India is a hyper growth market for Fujitsu

Andy Stevenson, Fujitsu’s head of Middle East, Turkey, and India

Japanese tech major Fujitsu is looking to expand its presence globally with India as a “hyper growth” market and in their high priority list. “In the last three years, we have doubled the revenues in India growing 50% y-o-y,” Andy Stevenson, Fujitsu’s head of Middle East, Turkey, and India, told The Startup Observer on the sidelines of the Fujitsu World Tour in Bengaluru last week.

Fujitsu India has approximately 5,000 employees of which 4,500 of them are focussed on global delivery, supporting global clients including India. “While India is essentially a global delivery centre, we are beginning to focus on product development,” says Stevenson. “We are building strong capabilities in business application services and also looking to deploy some of our AI solutions in Indian banks.”

Currently, Japan (Fujitsu headquarters) is the largest market for the company with more than 50% market share. “This is followed by EMEA including UK, Ireland, and Germany… North America is probably our fourth largest market,” says Stevenson.

Globally, Fujitsu is on a mission towards creating human centric innovation through co-creation. “Human centric innovation is all about how you contribute to the society in a positive way…it’s about putting people first,” says Stevenson.

Fujitsu’s management philosophy is centred around contributing to “the creation of a networked society that is rewarding and secure, bringing about a prosperous future that fulfills the dreams of people throughout the world.”

Anderson says Fujitsu is a broad-based company that caters to several verticals but some of the core areas include financial services, manufacturing, defence, and the central government. “Healthcare is big in geographies such as Japan and Nordics. In India, education and research is a big area,” he says.

Research and development (R&D) is at the heart of what Fujitsu does. Not surprisingly, out of its approximately $40 billion topline, it invests about $2.8 billion in R&D. “This is ahead of our peers,” he says.

Fujitsu is mainly focussing on three technologies – artificial intelligence (AI), internet of things (IoT), and cyber security. The company claims to have more AI patents than any other company in the world through its network of laboratories across the world.

Asked what is Fujitsu’s AI equivalent of IBM Watson, Stevenson promptly says, “Zinrai”. Zinrai is Fujitsu’s AI platform built on deep learning. The system is offered as a complete package, combining a dedicated deep learning server that includes over hundred types of necessary software in a ready-to-use state with operationally tested storage. “Customers can therefore quickly build a stable deep learning platform in an on-premises environment. Customers can easily build a hybrid cloud environment by combining the on-premises deep learning platform built with the Zinrai deep learning system with the Zinrai deep learning cloud service, so that tasks can be flexibly divided based on application,” the company said in a statement.

A testimony to their focus on AI, on October 12, Fujitsu received an order from the National Institute of Advanced Industrial Science and Technology (AIST) for building a platform known as AI Bridging Cloud Infrastructure (ABCI), which is set to become the fastest supercomputer system in Japan.

AIST has been planning to deploy ABCI as a global open innovation platform that will enable high speed AI processing by combining algorithms, big data and computational power. The system is expected to promote the utilisation of cutting-edge AI technology by industry, including transfer of the latest cloud platform technology to the public through an open design.

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Ayushman Baruah
Ayushman Baruah is the founder & Editor-in-Chief of The Startup Observer. With 10+ years of rich experience in journalism spanning across newspaper, magazine, and news wire, Ayushman takes a conscious effort to stay away from the rat's race and the noise of breaking news. The Startup Observer is a noble initiative to serve the readers with ideas that go beyond news. In 2013, Ayushman won the prestigious 15th Annual PoleStar Award in jury's category for excellence in technology journalism. He loves writing, public speaking, observing, travelling, aquariums, and anything that makes him think. He believes in keeping his feet on the ground but eyes on the stars.