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Fujitsu to invest over 50 million Euros to support digital transformation in France
 |  |  09 Mar 2017

Fujitsu, on Thursday announced that it is making a five-year investment of over 50 million euros (about 6 billion yen) to support digital innovation in France. The goal of the initiative, which is based on collaboration with the French government, is the development of new services and the acquisition of novel technologies.

“I welcome the engagement of Fujitsu, a world-class actor, which is further proof of France's economic attractiveness, the excellence of French research and the dynamism of French Tech," said Bernard Cazeneuve, Prime Minister in France.

"Fujitsu's vision is to create a Human Centric Intelligent Society by co-creating solutions with customers and partners. To achieve this, Fujitsu aims to grow the number of its partnerships with leading technology companies, research institutions and startups in France, to strengthen its digital business, to significantly increase the scale of its business and to expand its presence in the country," said Tatsuya Tanaka, President of Fujitsu Limited.

"France is a strategically important market for Fujitsu. This is not just because of the high percentage of businesses that see digitalization as a priority, but also for its extensive pool of highly talented mathematicians, digital engineers and its vibrant community of startup companies. We look forward to continuing to advance Artificial Intelligence, by co-creating technologies that will help enterprises embrace the benefits of digital transformation," said Francois Fleutiaux, Senior Vice President and Head of Sales at Fujitsu in EMEIA.

Background
France is Europe's second largest economy and home to its greatest number of Fortune Global 500 companies, many of which have placed a priority on digital transformation. For this reason Fujitsu views France as a strategically important market as it expands its "connected services" globally. The company will apply its extensive knowledge in solutions, systems integration, and infrastructure services, to a wide variety of software that includes cloud and middleware. Fujitsu will then provide its customers with an integrated, end-to-end service. France also has a robust AI ecosystem including skills such as with machine learning and deep learning. Therefore Fujitsu plans for the country to be a key location to develop and expand its digital business.

Objective
Fujitsu and the French government, including Business France, the national agency supporting the international development of the French economy, have since July 2016 been in talks aimed at combining Japanese know-how and local French expertise, and to contribute to accelerating innovation in France.

    
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09 Mar 2017(IST)  
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