NEC Corporation has announced the establishment of DotData, Inc., a startup company based in Cupertino, 
Calif., in the heart of Silicon Valley, to develop and provide software that automates data science processes using artificial intelligence (AI).
DotData will accelerate product development and go-to-market by hiring top talent, strengthening products and technologies, engaging with global partners and acquiring external capital.
NEC will obtain an exclusive license from DotData to provide this software across Japan and will start to provide the software in the first half of FY2018.
North America is a central market for data analytics, and as the market continues to grow, a lack of data scientists and heavy workloads are posing a greater challenge. This has been caused by a tendency to rely heavily on the experience and inspiration of data scientists during the data analysis process, and there is a particular need to deeply understand the different business characteristics of each industry.
"The software being provided by DotData automates and simplifies the process for end-to-end analysis, from data preparation to feature engineering, to machine learning, production and operations. This enables anyone to successfully carry out advanced data analysis, even without a great deal of industry and/or data science knowledge beforehand," said Dr. Ryohei Fujimaki, CEO and one of the founders of DotData. "Moreover, AI automatically designs interpretable and transparent features that reveal unknown and valuable business insights that even human data scientists have never imagined. The software enables data scientists to leverage their ability to transform data insights to business actions and to achieve higher return-on-investment than ever before."
