NEC named a Major Player in IDC MarketScape: Asia/Pacific Vision Artificial Intelligence Software Platform 2021 Vendor Assessment – Yahoo Finance

TOKYO and NEW DELHI and SINGAPORE, Dec. 27, 2021 /PRNewswire/ — NEC Corporation (NEC; TSE: 6701) announced it has been named a Major Player in the IDC MarketScape: Asia/Pacific (Excluding Japan) Vision Artificial Intelligence Software Platform 2021 Vendor Assessment.
NEC believes this placement is based on the strength of its AI/Biometrics technologies in multiple areas. NEC's AI technologies, including voice 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.
Also mentioned in the report are NEC's use cases that included multimodal biometrics for a wide range of public and private services, including citizen services, payments, marketing, and security. NEC's work has been praised for its performance, especially in the user experience space.
The company was also positioned as a Major Player in the IDC MarketScape: Worldwide Artificial Intelligence Services 2021 Vendor Assessment.
"Vision AI is one of the emerging technology markets," says Christopher Lee Marshall, associate VP, AI and analytics strategies, IDC Asia/Pacific. "It is critical to watch major vendors and more mature market solutions because the early movers tend to consolidate their strengths with greater access to training data, more iterations of algorithm variations, deeper understanding of the operation contexts that are inclusive of constraints and noises, and more systematic approaches to work with solution partners in the ecosystem."
"NEC develops top-class AI/Biometrics technologies and offers high value-added solutions to customers and society in order to navigate a wide range of conditions flexibly and quickly," said Hitoshi Imaoka, Fellow, NEC Corporation. "This recognition from IDC celebrates our achievements and our philosophy of providing the best-in-class technology to the market."
NEC's expertise in AI/Biometrics and continuous R&D highlight the company's commitment to innovation and business strategy in the artificial intelligence domain.
Furthermore, NEC has been advancing the use of AI in various sectors, including national digital identity projects that facilitate inclusive citizen-centric services, smart cities, hospitality, healthcare, retail, financial services, manufacturing and transportation, and more.
(*1) NEC Face Recognition Technology Ranks First in NIST Accuracy Testing
NEC utilizes digital technologies to create healthcare and life science business
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About NEC
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
SOURCE NEC Corporation
Shares of Amazon lagged the rest of Big Tech in 2021. Now the stock may be the most appealing of the tech giants.
It’s been a turbulent year for stock markets – record levels across all major indexes despite an onslaught of economic worries and what feels like never-ending variants of Covid-19. Now it’s time to look ahead to 10 major technology trends and which companies show the most promise to win big in 2022. Amazon (AMZN) has enjoyed the leadership position in Cloud for some time, and its AWS business now tops $16 billion in revenue a quarter.
As concerns around inflation linger, some investors may adjust portfolios away from growth stocks in 2022.
(Reuters) -Samsung Electronics and Micron Technology, two of the world's largest memory chip makers, warned that strict COVID-19 curbs in the Chinese city of Xian could disrupt their chip manufacturing bases in the area. The lockdown in the city puts further pressure on global supply chains and adds to a torturous year for exporters facing sharply higher freight costs even as prices for raw materials including semiconductors skyrocket amid the two-year long pandemic. The curbs could cause delays in the supply of DRAM memory chips, widely used in data centres, Micron said on Wednesday.
The global sportswear maker sees potential profits and virtually no supply chain issues producing virtual footwear and branded apparel online.
The best 5G stocks to invest in will change as smartphone apps, enterprise services and the metaverse develop over time.
Our roundup of this year's best performers.
(Bloomberg) — Robinhood Markets Inc. is working to let more traders use a feature for its mobile app that rolls options contracts, a mechanism that allows traders to extend their options. Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsMercedes Swept Up in China Internet Furor Over Models’ EyesCDC Tells Even Vaccinated to Avoid Cruises; Shares TumbleT Cells Come to the Rescue as Studies Show They Buck OmicronTwo Doses of J&J’s Vaccine Slashes Omicron Hospital St
With less than a week before it’s set to kick off, the 2022 CES trade show remains set to take place in person in Las Vegas — even as more companies continue to bail on the conference because of the resurgence of COVID infections. The latest companies to axe their CES in-person plans amid the […]
Micron Technology's (NASDAQ: MU) stock price surged after the company's fiscal 2022 first-quarter results were released on Dec. 20, showing that its revenue, earnings, and guidance exceeded Wall Street's expectations. Micron's revenue shot up 33% year over year in Q1 to $7.69 billion, while its earnings jumped to $2.16 per share from $0.78 per share in the year-ago period. One of the reasons behind Micron's impressive growth last quarter was the jump in the company's revenue from the mobile business.
T-Mobile holds an edge in 5G wireless spectrum but will its market share gains vs. AT&T and Verizon continue? Here is what fundamental and technical analysis says about buying TMUS stock.
T-Mobile has confirmed that a recent data breach had its roots in SIM swapping that compromised accounts.
Clayton LiaBraaten, Truecaller Senior Strategic Advisor, joins Yahoo Finance Live to discuss his company's data on global robocalls and spam calls in 2021 and the social engineering tactics these scammers use.
If you’re like me, you’re sick and tired of having to deal with all those different Apple device chargers. Lightning cables… USB-C cables… the Apple Watch charger… it’s so annoying. Thankfully, I nipped the issue in the bud with one simple purchase. The BGR Deals team found something on Amazon that has been a game-changer … The post Charge all your Apple devices with one $26 wireless charging station at Amazon appeared first on BGR.
Apple's 2021 iPad is back on sale for $299 at Amazon, although you may have to be patient.
The CEO of Tesla and SpaceX Reveals Who Might Be Satoshi Nakamoto
The British pound is continuing to hover at very high levels against the Japanese yen, as the parabolic move has simply stopped.
This year was rife with ransomware. It was also the year that hackers seized global attention by targeting critical infrastructure, hacking American oil pipeline system Colonial Pipeline, meat-processing giant JBS and Iowa New Cooperative, an alliance of farmers that sells corn and soy, to name just a few. It began in April when the Department of Justice formed the Ransomware and Digital Extortion Task Force.
Today’s tech headlines: An issue pulled ‘Fortnite’ offline yesterday, China says its space station dodged Starlink satellites twice this year, LG’s new 'OLED EX' tech enhances brightness by up to 30 percent.
Bitcoin price is moving lower below the $48,820 support, ether price extended decline below the $3,800 support, SOL is about to reach a major support near $168.