Named Grand Prize winner as part of the University AI Business competition
September, 20th, 2019 – Kyoto, Japan – Hacarus Inc, the leading provider of lightweight and explainable AI, is pleased to announce that its been given the “Outstanding Performance Award” at the FIN/SUM Summit 2019 in Tokyo, held September 3rd-6th.
“It’s a great honor for us to receive this award, and we are encouraged by the recognition from top experts, for the innovation we are bringing to market” Said Kenshin Fujiwara, CEO and Founder of Hacarus “Working closely with academia has always been part of Hacarus’ DNA – that these efforts are now being recognized with an award is another, clear indication that we are on the right path”
Held at Otemachi in downtown Tokyo, FINSUM is Asia’s biggest summit for financial and regulatory technology and innovations and seeks to connect companies with decision-makers to enable a smarter, digital future.
The judges, consisting of experts from the fields of government, academia, and business, motivated the award given to Hacarus for its innovative work bringing Sparse Modeling based AI – capable of producing reliable predictions even from small data sets, into the business world.
Working closely with partners in the medical and manufacturing fields Hacarus is now commercializing solutions to help companies reap the benefits of AI and prepare for industry 4.0.
Hacarus Inc. founded 2014, in Kyoto, Japan is the leading provider of explainable lightweight AI Tools, backed by Miyako Capital (Kyoto University) among others. Its solutions are used in the Medical and Manufacturing fields to enable humans to make better, faster and more reliable decisions, based on AI-driven insights. Hacarus proprietary AI engine is built using Sparse Modeling, an AI method that understands data like a human would – by its unique key features and is far more resource, time and energy-efficient compared to deep learning. To learn more visit https://hacarus.com