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Governance

Innovation Management

NEC believes that innovation is the key to continuing to provide social value. Under the direction of its Chief Technology Officer (CTO), the company is formulating a technology strategy to ensure further growth.

The pillars of this strategy rest on a concentrated investment in those technology areas that are NEC's strengths as well as aggressive use of open innovation. In fiscal 2017, NEC made a concentrated investment in data science, an NEC strong point, and launched “NEC the WISE,” NEC’s first technology brand.

NEC is also creating innovation valuable to customers and society by moving forward with co-creation with customers by employing social value design. (Social value design is an approach that creates value from the social point of view).

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