Friday, 16 July 2021

Beyond Limits-Mitsui partnership to expand Cognitive AI solutions global access

KUALA LUMPUR, July 13 -- Beyond Limits, an industrial and enterprise-grade AI technology company built for the most demanding sectors, has announced a new partnership with Mitsui & Co Ltd (Mitsui) to expand access to Cognitive AI solutions in the Asia-Pacific region.

According to a statement, the collaboration will establish digital transformation and AI-readiness consulting services for Mitsui’s clients in Japan and other countries in the Asia-Pacific region, in addition to expanding globally.

The services will first be deployed with one of the Liquefied Natural Gas (LNG) Plants where Mitsui is involved as an investor, utilising Beyond Limits’ Cognitive AI solution to accumulate operational knowledge, analyse datasets, and boost production efficiency.

“We’re proud to partner with Mitsui, an established leader in business development and trade in so many global industries. This collaboration is a testament to our joint commitment to building knowledge and value with AI for many sectors which are just now exploring its potential,” said President, Beyond Limits Asia-Pacific, Leonard Lee.

Meanwhile, Managing Officer, General Manager of Integrated Digital Strategy Division at Mitsui, Yuji Mano said: “Through this partnership, we will accelerate our short to medium-term goals through efficiency improvement and execution of high added value of the existing business.”

The AI market in the Asia-Pacific region, including software and other services, is expected to reach a value of US$136 billion by 2025, according to a report by research firm Tractica. (US$1 = RM4.191)

The high market potential, coupled with growing technology adoption across traditional industries including infrastructure, energy and manufacturing, is expected to create a need for expert resources as more companies look to capitalise on digital services.

More details at www.beyond.ai.

-- BERNAMA

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