Reforming the organization, structure, and corporate culture through Digital Transformation (DX) Sumitomo Corporation Group is pursuing Digital Transformation (DX). For instance, we create new value by incorporating digital technologies into our current wide range of industry fields and also provide cross-industry solutions to social issues. In April 2018, an organization dedicated to DX, the “DX Center”, was established under the Digital Business Division. Since then, we have been working with approximately 150 people worldwide to pursue DX. We also have been collaborating closely with SCSK, an IT service company in Sumitomo Corporation Group. As a result, more than 300 DX projects have been created. Furthermore, we have been establishing systems to promote DX, such as expanding our corporate venture capital (CVC)*1 fields and conducting the accelerator business in the hardware domain through HAX Tokyo.*2 Promoting cutting-edge innovation through collaboration with startups Corporate venture capital: An organization activity that provides investment and support with funding composed of a company’s own capital, primarily for unlisted startup companies HAX Tokyo: HAX is an accelerator program (an initiative that performs such activities as the provision of the knowledge and experience necessary for new business creation and project development to startups that are in […]
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