ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Nov 27, 2019 12:01 JST
Source:
Fujitsu Ltd
Fujitsu Formulates 'Fujitsu Future Insights - Digital Transformation in Retail'
TOKYO, Nov 27, 2019 - (JCN Newswire) - Fujitsu Limited today announced its vision for the future, outlining megatrends and business opportunities of retail through the analysis of the impact of digital transformation in retail. Fujitsu has compiled these insights into a report, entitled "Fujitsu Future Insights Digital Transformation in Retail."
The Fujitsu Future Insights series introduces the company's thoughts about global trends of digital transformation, providing deeper analysis of challenges and the impact of technologies in specific fields. It also introduces possible future scenarios and strategies related to those areas. In the "Digital Transformation in Retail", Fujitsu describes its vision for the future of digitalized retail services and proposes how retail and other industries will be transformed by its digital technologies.
As a digital transformation partner, Fujitsu is committed to co-creation with its customers across industries, ultimately contributing to realizing a sustainable and prosperous society.
Background
In recent years, consumer purchasing behavior has been changing rapidly due to the prevalence of digital technologies as well as the diversification of lifestyles and sense of values in different generations. Retailers are required to understand the diverse values and offer services tailored to individual needs. Business transformation by digital technologies enables cross-industrial companies to co-create innovative solutions and services.
To respond to these trends, in this report, Fujitsu is proposing its thought about how Fujitsu's digital technologies help retailers co-create globally and drive digital transformation.
Digital Transformation in RetailDigital Transformation in Retail
Summary of the Digital Transformation in Retail
1. Megatrends in the retail industry
By investigating the status of digital transformation in the retail business, Fujitsu has identified five key factors with major impact on the industry's future:
- Changes in consumer values and behavior: Purchasing behavior is greatly influenced by the differences in generation and the ability to use digital technology
- Consumers regaining control of data: Preparing for the future where individuals control their own data
- Diversifying relationships between people and machines: Creating new value through collaboration between people and machines.
- Human-centric ecosystems: Creating new services and values by collaboration across industries
- Redefining consumption: Contributing to realize a sustainable society through retail businesses
2. Fujitsu and the future of retail
Fujitsu is transforming retail businesses under the global concept of "Connected Retail," aiming to accelerate innovation in the industry. Taking into account the industry trends, Fujitsu's connected retail initiatives focus on the following five areas:
- Connecting people: Creating new touchpoints such as on-demand suits tailoring for apparel companies
- Connecting data: Providing a trusted data exchange system using IDYX (IDentitY eXchange)(1) a digital identity exchange technology developed by Fujitsu Laboratories Ltd.
- Connecting people and machines: Helping customers use digital technology and machine to empower their employees. For example, an application of Digital Annealer, a new architecture that solves combinatorial optimization problems at high speed with digital circuits inspired by quantum phenomena, optimizes inventory allocation
- Connecting value: Providing a data platform to support a cross-industrial ecosystem using VPX(Virtual Private digital eXchange), a data distribution network technology that applies blockchain developed by Fujitsu Laboratories Ltd.
- Connecting the future: Taking actions to realize a sustainable society through co-creation with customers.
(1) IDYX (IDentitY eXchange)
DYX (IDentitY eXchange) is a digital identity exchange technology that enables companies and individual users involved in online transactions to confirm the identity of other parties in transactions.
About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 132,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (Code: 6702) reported consolidated revenues of 4.0 trillion yen (US $36 billion) for the fiscal year ended March 31, 2019. For more information, please see www.fujitsu.com.
Fujitsu Limited
Public and Investor Relations
Tel: +81-3-3215-5259
URL: www.fujitsu.com/global/news/contacts/
Source: Fujitsu Ltd
Sectors: Retail & eCommerce, Cloud & Enterprise
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST
Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
Apr 18, 2024 11:14 JST
Eisai: Research on Treatments for Alzheimer's Disease Based on Its Pathological Mechanisms Recieves Award for Science and Technology (Research Category)
Apr 18, 2024 10:53 JST
All-New Triton Confirmed as First Double-Cab Pickup Truck to Achieve 2024 Five-Star ANCAP Safety Rating
Apr 18, 2024 09:22 JST
Eisai's Antiepileptic Drug Fycompa Injection Formulation Launched In Japan
Apr 17, 2024 16:17 JST
Honda Unveils Next-generation EV Series for China
Apr 17, 2024 12:15 JST
Lexus presents Time at the 2024 Milan Design Week
Apr 16, 2024 18:49 JST
Mitsubishi Corporation Announces Participation in a DAC Project in Louisiana, USA
Apr 16, 2024 14:36 JST
New circuit challenge for TOYOTA GAZOO Racing
Apr 15, 2024 17:21 JST
TOYOTA GAZOO Racing back on asphalt for Croatian challenge
Apr 12, 2024 19:36 JST
Heidelberg Materials North America Announces Latest Milestone in Edmonton CCUS Project
Apr 12, 2024 14:39 JST
MHIAEL Completes Expansion of the its Nagasaki Plant for Manufacture of Aero Engine Combustors
Apr 11, 2024 18:08 JST
Mitsubishi Shipbuilding Acquires Approval in Principle (AiP) from Classification Society ClassNK for Ammonia Fuel Supply System (AFSS)
Apr 11, 2024 17:50 JST
DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission
Apr 11, 2024 15:10 JST
Mitsubishi Corporation Announces Completion of Capital Raise by Nexamp
Apr 11, 2024 13:07 JST
Mitsubishi Shipbuilding Receives Order for Ammonia Fuel Supply System for Ammonia-Powered Marine Engine
Apr 10, 2024 16:55 JST
Transgene and NEC Present First Clinical Benefits of Neoantigen Cancer Vaccine, TG4050, in Head & Neck Cancer at AACR 2024
Apr 10, 2024 13:36 JST
More Latest Release >>
Related Release
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
4/19/2024 10:17:00 AM JST
Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
4/18/2024 11:14:00 AM JST
DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission
4/11/2024 3:10:00 PM JST
Fujitsu AI transforms manufacturing lines with new quality control system for REHAU
4/9/2024 10:39:00 AM JST
Fujitsu signs MoU with Mitsubishi UFJ Financial Group, Inc. to drive nature positive actions
4/1/2024 4:17:00 PM JST
Fujitsu Selected as CDP Supplier Engagement Leader
3/29/2024 10:28:00 AM JST
Fujitsu Tech Leverages AI and Underwater Drone Data for 'Ocean Digital Twin'
3/26/2024 10:24:00 AM JST
Fujitsu Limited announces recruitment plans
3/19/2024 10:34:00 AM JST
Fujitsu and AWS will launch a new Modernization Acceleration Joint Initiative to enable customers across industries to drive digital transformation with fast and secure legacy modernization
3/18/2024 4:12:00 PM JST
Japanese joint research group win Prime Minister's Award with ultra high-performance computing platform using jointly developed 64-qubit quantum computer
3/15/2024 10:19:00 AM JST
More Press release >>