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NTT's Industry AI Cloud: Revolutionizing Tech-Driven Problem Solving

Eli GrantTuesday, Dec 3, 2024 9:47 am ET
4min read


NTT Corporation, a global leader in IT and consulting services, recently showcased its commitment to advancing industry-specific AI applications at its annual R&D Forum in Tokyo. The event highlighted NTT's Industry AI Cloud, a shared platform designed to digitize and structure industry-specific expertise, enabling industries to expand their problem-solving scope. NTT President and CEO Akira Shimada discussed the role of the Innovative Optical and Wireless Network (IOWN) in empowering this platform, which is expected to revolutionize various sectors through AI-driven advancements.

NTT's Industry AI Cloud, paired with its IOWN network, uniquely addresses industry-specific AI applications by enabling swift, secure data sharing and processing across sectors. Unlike other AI platforms, IOWN's high bandwidth and low latency facilitate real-time collaboration, allowing industries to collectively address challenges. For instance, NTT and Toyota's joint initiative for a zero-accident society demonstrates this cooperative approach. Moreover, IOWN's APN technology permits seamless international connections, as seen in the proof-of-concept connection between Taipei and Tokyo, expanding the scope of industry-specific AI applications worldwide.

NTT's dedication to global R&D investment provides a competitive advantage in developing innovative solutions for a more sustainable society. The company's annual events, such as the NTT R&D Forum in Tokyo and NTT Research Upgrade near Silicon Valley, offer first-hand insights into the future of technological innovation and foster crucial conversations on harnessing that innovation to create a better future for all.

In conclusion, NTT's Industry AI Cloud, backed by the IOWN network, holds immense potential to transform various industries by advancing AI applications tailored to their specific needs. By collaborating with partners and leveraging the power of AI, NTT is actively working towards a more efficient, sustainable, and interconnected world. With the global AI market expected to reach $190.61 billion by 2025, NTT's focus on industry-specific AI applications positions it well to capture a significant share of this growing market.
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