TOKYO AND LONDON, JUNE 15, 2022 – Forty years after Fujitsu began its presence in the UK, the company has committed to a major investment program to put the UK at the forefront of its global innovation network. Fujitsu has decided to bring more innovation to the UK and will create more than 200 highly skilled jobs next year. This will add to the great bridge of innovation that connects the UK and Japan, as described by the UK Minister for Investment Lord Grimstone in his speech announcing this investment in Lancaster House (20/06/2022).
During London’s Tech Week, Fujitsu is launching the first phase of this investment with an initial £ 22 million to set up its Center for Cognitive and Advanced Technology (C-CAT), the first projects already underway in the North West of England. C-CAT’s foundation is an important milestone in Fujitsu’s global technology innovation strategy. The center will import emerging technologies from Japan as a catalyst for cross-sectoral innovation and Fujitsu’s broader transformation, focusing on research marketing and partner collaboration. It will form the basis for future investment.
The announcement comes after the UK-Japan relationship has been strengthened since the signing of the Free Trade Agreement in October 2020. The FTA enables greater cooperation between the two countries in science and technology, in line with the UK Government’s commitment to maintaining and improving it. The UK’s status as a science and technology superpower helped attract that initial investment, with more forecasts expected this year.
Visiting London’s Tech Week, Fujitsu’s Global CTO, Vive Mahajan said: “Fujitsu is committed and confident to the UK. We share the UK Government’s plans to move science and technology as a superpower. “We recognize the growing potential of cooperation between Japan and the C-CAT as a bridge for innovation between the two countries.
Lord Grimstone, the UK’s Minister of Investment, said: “Investing £ 22 million in Fujitsu in the UK is a testament to our business environment. This supports our shared ambition to maintain the UK as a superpower in the scientific and technological situation of the UK and to improve our world-leading work in key areas such as AI and quantum computing for the modern digital and data-based economy ”.
The initial £ 22 million investment will set up C-CAT to bring together Fujitsu’s emerging technology activities, including quantum technology, AI and digital twins, providing a direct link to work in Japan so that the UK can take advantage of its Japanese leadership. In areas such as supercomputing, with Fujitsu’s work on Fugaku, one of the fastest supercomputers in the world, Fujitsu reaps the benefits of working with the UK’s thriving research and innovation ecosystem.
C-CAT Emerging Technology Expert will be led by Dr. Keith Dear and will see Fujitsu invest in capabilities along with advanced technologies. As part of this investment, Fujitsu will explore further opportunities to take advantage of Quantum-inspired Digital Annealer technology in the UK. Fujitsu’s quantum-inspired technologies have brought benefits to UK partners, such as the UK Space Agency. Bringing this technology ashore and on-premises in the UK will bring greater benefits to UK industry and the public sector, adding to the long-term needs for sustainability and resilience.
Initially operating from its offices in Manchester and based on Fujitsu’s long-standing partnership with the University of Manchester and the work of Explainable AI, C-CAT will be deployed to a sustainable campus to address key challenges in co-creation through innovation. business, government and society. The final location of the C-CAT campus will be determined after a rigorous evaluation and will be announced in the fall.
Anwen Owen, Head of Fujitsu in the UK, said: “With some investment, we are showing our long-term confidence in the UK. Fujitsu is putting the UK at the center of its global innovation focus. As we develop skills such as quantum, AI, and the digital twin to support our goal of revolutionizing how individuals and organizations make decisions, establishing a Center for Cognitive and Advanced Technology is just the first step in expanding our UK presence in digital and emerging talent. by investing in existing technologies to help the potential science and technology superpower in the UK. “
Once C-CAT is in place, Fujitsu will determine the details of the second phase of increasing its commitment to the UK by making more ambitious plans for 2023 this year.
Fujitsu’s goal is to make the world more sustainable by building trust in society through innovation. As partners in the digital transformation of customers in more than 100 countries, our 124,000 employees work to address some of humanity’s greatest challenges. Our range of services and solutions is based on five key technologies: Computing, Networking, AI, Data, and Security and Convergence Technologies, which we bring together to transform sustainability. Fujitsu Limited (TSE: 6702) had a combined revenue of 3.6 trillion yen ($ 32 trillion) in the year ended March 31, 2022, and remains the largest digital services company in Japan in terms of market share. More information: www.fujitsu.com.