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  • Macnica announces that CrowdANALYTIX, an AI platform for building custom solutions for large enterprises, is now an affiliated company.

January 7, 2019
Macnica, Inc.

Macnica announces that CrowdANALYTIX, an AI platform for building custom solutions for large enterprises, is now an affiliated company.

Macnica, Inc. (hereinafter "Macnica"; location of headquarters: 1-6-3 Shin-Yokohama, Kohoku-ku, Yokohama, Japan; President: Kiyoshi Nakashima; capital: 11,194 million yen), which is engaged in the import, sale and development of semiconductors and network devices, has acquired 41.8% of shares in CrowdANALYTIX Solutions Private Limited (hereinafter " CrowdANALYTIX"; location of headquarters: Bangalore, Karnataka, India; CEO: Divyabh Mishra), an AI company that utilizes a community of data scientists, and has agreed to making CrowdANALYTIX an affiliated company.

With this, Macnica has become CrowdANALYTIX’s principal shareholder. Macnica has heretofore engaged AI-related business activities such as the development of AI-related semiconductors, hardware and software products, and AI models, but through affiliation with CrowdANALYTIX, Macnica will be able to expand its business portfolio in AI solution products and services and provide greater business support for clients by utilizing AI solutions.

Background of Affiliation

CrowdANALYTIX is a platform for building high precision custom AI solutions. Their unique approach of building AI modules, each tuned to a single task and combining those modules to deliver the final solution results in much higher precision than more generic AI approaches. In fact, they achieve this cost effectively and at high speed by leveraging a global community of over 20,000 data scientists that build hundreds of these AI modules in parallel. CrowdANALYTIX also has an efficient and scalable deployment platform to allow seamless API based integration with existing customer systems. Their unique platform combined with their in-house team of solution managers who are trained to understand customer business challenges and translate them into AI solution definitions, allow them to create custom solutions that actually work and deliver value.

Having begun collaborations with CrowdANALYTIX in December 2017 and having already commenced operation tests with several user companies, Macnica aims to acquire approximately 20 customers within the first year of operation.

Features: CrowdANALYTIX's AI solutions have 3 major features.

  • Provision of high-precision AI services through modular AI
    Through use of modular AI, each AI model provides compartmentalized, specialized functions. CrowdANALYTIX provides custom AI solutions that utilize these models in various combinations. Specialized AI modules perform specific judgments with a high level of accuracy, and complex combinations of these AI modules produce high-precision AI solutions.
  • Seamless integration with company systems
    CrowdANALYTIX deploys the AI modules on an execution platform via APIs and dashboards developed to match the data formats required by companies. This allows seamless integration of AI functions with the user company’s existing systems and processes.
  • High ROI
    CrowdANALYTIX’s own data scientists take the AI modules obtained from the data science community and combine them to create an enhanced AI product. Then, software technicians fully customize and integrate the different AI modules to enable businesses to seamlessly implement high-precision AI solutions within a short time. This, combined with a post-implementation accuracy guarantee, achieves high ROI.

CrowdANALYTIX AI Solutioning Platform

*The names of companies and products presented within this document are the trademarks or registered trademarks of their respective companies.

About CrowdANALYTIX

CrowdANALYTIX is an AI platform that offers scalable AI solutions for global enterprises across industries with a focus on retail, cpg and healthcare. The platform consists of a machine layer called dataX and a human layer called CAX. dataX provides the tools needed to build and deploy solutions, and CAX provides access to a community of data scientists to build and tune AI models. Location of headquarters: Bangalore, Karnataka, India and based in Sunnyvale, Calif., the company is backed by Accel Partners, SAIF Partners and Macnica Inc. For more information, visit

https://www.crowdanalytix.com/jp/

About Macnica, Inc.

Since its establishment in 1972, Macnica Inc. has specialized in the supply of wide a variety of high-value-added electronic parts and network equipment, particularly semiconductors, to the electronics, information and communications industries. The company is justly known as a leader in the high-technology fields in which they operate. In recent years, Macnica has expanded its lineup to provide in-depth technical support to customers in addition to the supply of electronic components and information systems. Its customers include world’s leading electrical and electronic products manufacturers. Macnica is actively developing new businesses in areas where technology evolution is currently taking place and expectations for exciting market growth in the future are high. The company has its headquarters in Yokohama, and its subsidiaries are located 78 cities in 22 countries including the Japan, USA, Canada, Brazil, England, Germany, Italy, Spain, France, Israel, Hong Kong, Taiwan, Korea, China, Singapore, Thailand, India, Malaysia, Viet Nam, Myanmar, Philippines, Indonesia. For more information, visit http://www.macnica.co.jp/en/

Please address any enquiries regarding this matter to the following.

Macnica, Inc. http://www.macnica.co.jp
TEL: 045-470-9851
FAX: 045-470-9853
Macnica Bldg. No.1, 1-6-3 Shin-Yokohama, Kohoku-ku, Yokohama, 222-8561 Japan
E-mail to: Miyahara (Corporate Planning Department, Public Relations Planning Section): macpr@macnica.co.jp

*The company names and product names used herein are registered trademarks or trademarks of the respective company.