2020.03.24 Notice

SELECTED FOR THE 5TH JEITA VENTURE AWARD

ARAYA INC. HAS BEEN SELECTED BY THE JAPAN ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRIES ASSOCIATION (JEITA) FOR THE 5TH JEITA VENTURE AWARD.

THE JEITA VENTURE AWARD IS GIVEN TO VENTURE COMPANIES THAT CAN CONTRIBUTE NOT ONLY TO THE OVERALL DEVELOPMENT OF THE ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRY BUT ALSO TO ECONOMIC DEVELOPMENT, AND THIS YEAR MARKS THE FIFTH TIME THAT THE AWARD HAS BEEN PRESENTED.

Reviewed and evaluated by JEITA
Araya Inc. has developed deep learning technology with high image recognition technology, and has been expanding its business to manufacturing, communications, agriculture, forestry, and fisheries related fields. Furthermore, based on this technology, the company has established a technology that enables a reduction in the amount of computation by compressing the AI model to 1/30th of its original size, while keeping the accuracy almost the same, and has made it possible to develop technologies and products that can judge the situation by themselves and operate autonomously. In the future, this technology is expected to be applied to 5G generation edge devices such as automobiles, smartphones, drones, FA robots, and cameras. Therefore, the company was judged to be worthy of the JEITA Venture Award.

Comment from Ryota Kanai, Representative Director
I am honored to receive such a glorious award.
I believe that this award is a recognition of the advanced initiatives that we have been taking at ARAYA.
Specifically, our many achievements in the deep learning business, our efforts in AI compression technology such as Pressai in the edge AI business, and our cutting-edge efforts in the autonomous AI business were evaluated.
We hope that you will continue to look forward to ARAYA's AI technology in the future.

CLICK HERE FOR INFORMATION ON THE 5TH JEITA VENTURE AWARD