SINGAPORE, Nov. 8, 2021 /PRNewswire/ — NEC Corporation (NEC; TSE: 6701) has been awarded the 2021 Asia-Pacific Artificial Intelligence Services Company of the Year by Frost & Sullivan. The Frost & Sullivan Awards recognize and honor best-in-class companies that have demonstrated excellence in their respective industries.
NEC has continuously promoted the development of AI-related technology for over half a century before it announced the "NEC the WISE" portfolio of AI solutions in 2016. NEC’s AI technologies, including speech recognition, image and video recognition, machine learning, prediction and detection, and research in life sciences and healthcare, are either unprecedented or ranked No. 1(*) in the world.
For this Company of the Year Award, Frost & Sullivan employed a rigorous analytical process to evaluate multiple nominees for each award category before determining the final award recipient. The process involves a detailed evaluation of best practices criteria across two dimensions for each nominated company. NEC Corporation excels in many of the criteria in the artificial intelligence services space. Frost & Sullivan analysts independently assessed NEC based on the following key benchmarking criteria:
- Addressing Unmet Needs
- Leadership Focus
- Implementation of Best Practices
- Customer Service Experience
- Customer Ownership Experience
- Price/Performance Value
Deepu Nair, Principal Analyst, Frost & Sullivan, said, "Leveraging industry-leading AI-enabled point solutions, NEC Corporation provides an extensive suite of end-to-end service capabilities that empower customers to build and deploy proprietary AI solutions quickly and at scale. Its ability to co-create AI solutions attuned to specialized customer requirements, innovative service delivery models, and strategic partnerships with major technology vendors enable NEC Corporation to offer a compelling value proposition for its clients. With a proven track record in delivering large and complex AI and analytics projects for public and private sector clients in Asia-Pacific, NEC Corporation continues to reinforce its position as a leading service provider in the region’s highly competitive AI space."
Mr Teh Chong Mien, Managing Director, NEC APAC (Singapore) said, "The products and services utilizing NEC the WISE have been adopted and used by a large number of companies and organizations in a wide range of fields and businesses such as manufacturing, retailing, logistics, and public services. This award celebrates our achievements in R&D, and is only made possible by our employees, partners and customers who are willing to trust and co-develop solutions with us. NEC is committed to supporting those products and services after being implemented through the research, planning, and verification phases. We will continue doing our best to support the realization of a safer and better world by working with enterprises and governments worldwide."
Frost & Sullivan analysts identify award recipients from in-depth interviews, analysis, and extensive secondary research. To distinguish best practices, they typically study companies’ revenues, market shares, capabilities, and overall contribution to the industry.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at http://www.nec.com.
NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2021 NEC Corporation.
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