Message from the President
Kanematsu Enters Data Trading Marketplace ~Business Alliance with France-Based Dawex~
December 14, 2018
Kanematsu Corporation("Kanematsu") is pleased to announce to have agreed on a business alliance with Dawex Systems SAS("Dawex"), a French start-up company which provides a global data trading marketplace ("the platform"). This alliance will enable data business between companies from different industries and/or countries and provide solutions to create new business opportunities in the Japanese marketplace.
Dawex has developed the platform in order to match companies who sell and buy data and stimulate data utilization. Since the launch of the platform in 2017, companies from France, other European countries and the United States have joined the platform and currently has more than 5000 enterprise users. Dawex will continuously expand its service globally, including Asia.
In addition, Kanematsu and Dawex will participate in a Proof of Concept on data transaction ("PoC") organized by Data Trading Alliance and Internet Association Japan, which has started on December 2018.
Recently, the usage of big data, obtained through business activities, for marketing and other business purposes, and the exchange of data between companies has become recently active especially in the Western countries. Expectation towards it is also rising in Japan as well, as proposed in "Society 5.0" by the Cabinet Office and "Connected Industries" by the Ministry of Economy, Trade and Industry, indicating that big data may contribute to the creation of new business models and solutions for social challenges.
In the context of such global trend and societal demand in Japan, Kanematsu will cooperate with Dawex and not only contribute to establish the still growing data business in Japan, but also support global data trading by introducing the platform to those in need of data.
Company Name：Dawex Systems, Société par Actions Simplifiée
CEO：Fabrice Tocco, Laurent Lafaye
Business：Develop and sell data trading platform and related services
Public & Investor Relations Section, Kanematsu Corporation