NEC announced on July 1 that it would absorb and merge its wholly owned subsidiary, NEC Solution Innovators, effective October 1. The company stated that the merger is part of its business restructuring in line with advances in AI, and is expected to improve productivity in system development through standardization of development processes, accelerate talent development, and bring other benefits. The impact of the merger on NEC’s performance is expected to be minor.
“The focus of the value sought by customers is gradually shifting from the traditional field of system construction to the upstream field of consulting and the downstream field of operations.” “By absorbing NEC Solution Innovators, a core company in the NEC Group with more than 10,000 IT engineers that has primarily been responsible for system construction, NEC will bring together the domain knowledge and technological implementation capabilities of both companies.” (NEC)