NEC | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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NEC Corporation is a leader in the integration of IT and network technologies, promoting the brand statement of 'Orchestrating a brighter world.' The company focuses on delivering safety, security, fairness, and efficiency to society through innovative solutions and services. With over 120 years of experience, NEC provides a comprehensive suite of products and services, including AI, biometric authentication, cloud solutions, and network systems, aimed at transforming operational safety and efficiency for businesses and communities worldwide.

🛍️ NEC Product and Pricing News →

👔 NEC CEO, Management and Leadership Team →

⚔️ NEC Alternatives and Competitors →

💼 NEC Hiring and Layoffs →

🤖 NEC Developer, Integration and Automation News →

📈 NEC Financials, Fundraising and Valuation News →

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🛍️ NEC Product and Pricing News

• NEC announced advanced technology developments and new business expansions at NEC Innovation Day 2024, showcasing AI agents and new facial and iris multimodal biometric technologies.
• NEC will launch a service in January 2025 to automate chart reading and data utilization, aiming for 50 billion yen in sales by the end of fiscal 2025.
• NEC has enhanced its AI model 'cotomi' to achieve top-level accuracy and double GPU efficiency, aiming for a ¥500 billion revenue in AI-related business by 2025.
• NEC launched an AI agent to automate complex tasks by comprehensively searching internal and external information.
• Sharp has integrated NEC's 35 years of projection technology experience into its new projector series in the U.S.

• NEC won three awards at the 72nd Electrical Science and Technology Encouragement Awards, including the top Minister of Education, Culture, Sports, Science and Technology Award for research and development of a large-scale medical language model.
• NEC is developing a network system for Japan's Air Self-Defense Force through its Aerospace National Security Business Unit.
• NEC and Morioka City have started testing the use of NEC's generative AI 'cotomi' to improve staff efficiency in municipal departments as part of a digital transformation initiative.

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👔 NEC CEO, Management and Leadership Team

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⚔️ NEC Alternatives and Competitors

• Cisco Systems
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• Avaya
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• Mitel
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• Huawei Technologies
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• Microsoft
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• Alcatel-Lucent Enterprise
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• Nokia
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• Ericsson
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• Mavenir
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• Juniper Networks
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• CommScope
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• Fujitsu
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• NTT DATA
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• Hitachi
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• Samsung
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• Sopra Steria
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• ZKTeco
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• ELM
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• Vlocity
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• JIRA Service Management
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• IBM Tivoli
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• BMC Remedy
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• Celect
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• Switch
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• VoIP
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• ATP Gov
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• GoFaster

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💼 NEC Hiring and Layoffs

• NEC is currently hiring for the position of Internal Management Consultant in Japan.

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🤖 NEC Developer, Integration and Automation News

• NEC Care, part of NECSWS UK Ltd, secured a four-year contract to continue providing the National Universal Newborn Hearing Screening Programme in Ireland, screening 50,000 babies annually.
• NEC partnered with DeepBrain AI to introduce AI anchors for weather forecasts on Ryukyu Asahi Broadcasting starting January 2025.
• NEC is collaborating with Finatext to modernize insurance systems using advanced AI and aims to offer the solution by 2025.
• NEC and Sony Semicon have started a strategic collaboration to develop facial recognition solutions using AI cameras with edge AI sensing technology.

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📈 NEC Financials, Fundraising and Valuation News

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