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METI and the IoT Acceleration Lab to Hold a Joint Event Finalists for the IoT Lab Selection event determined

The Ministry of Economy, Trade and Industry (METI) and the IoT Acceleration Lab have determined seven entities as finalists among applications filed for the fifth call for the IoT Lab Selection event, in which outstanding IoT-based projects are selected and recognized.

On March 6 (Tue.), 2018, METI and the IoT Acceleration Lab will hold a final examination of the finalists and also hold a joint event consisting of IoT Lab Connection, Big Data Analysis Contest and Local IoT Acceleration Labs events.

1. Outline

With the advent of IoT, big data and AI, industries and society as a whole are seeing significant changes all over the world. In response to this situation, it is necessary for Japan, as well as other countries, to create new IoT business models, uncover and develop IoT platform creators, and use them as a driving force for new growth.

The IoT Acceleration Lab was established to cultivate and select advanced IoT projects and provide the selected projects with thorough support in terms of collaboration with enterprises, finance and regulations, and develop environments in which the results of the projects can be implemented on a large scale, e.g., regulatory reforms or creation of new systems. As part of the efforts, the IoT Acceleration Lab will hold the following events on March 6 (Tue.), 2018.

(1) Fifth IoT Lab Selection (selection of the most advanced projects)
(2) Sixth IoT Lab Connection (solution matching event)
(3) Commendation ceremony to recognize winners of the third Big Data Analysis Contest
(4) Explanation of the efforts of winners of the Local IoT Acceleration Labs

2. Details of the events

(1) Fifth IoT Lab Selection: final examination and commendation ceremony

Based on the results of the broad call for new IoT projects, the IoT Acceleration Lab will hold the fifth IoT Lab Selection. At this event, the seven entities as finalists sorted by the first and second examinations will make presentations on their projects before the public as the final examination, and the winners will be selected. The IoT Acceleration Lab will recognize the winners of the Grand Prix, Semi Grand Prix, and Examiners’ Special Award.

The seven entities as finalists are as follows (in the order of filing applications):

  • Optical Comb, Inc.
  • TagFIT Association
  • Stream Technology
  • Team Tomo Cloud, Takei Laboratory, Chiba University
  • BONX Inc.
  • Business Innovation Center Japan, Konica Minolta, Inc.
  • Liberaware Co., Ltd.

In the collaboration with government-related organizations, financial institutes, venture capital businesses and other supporting organizations, the IoT Lab Selection will provide financial support, support from escorting mentors, and support for regulatory reforms and standardization with the finalists.

(2) Sixth IoT Lab Connection (solution matching event)

As part of the efforts for supporting projects in collaboration with companies, the IoT Acceleration Lab will hold a business matching event targeting member companies, associations, municipalities and other entities that hold business seeds or seek to meet their customers’ needs. Through this event, the IoT Acceleration Lab aims to provide opportunities for business owners who intend to create new business models to exchange views with other business owners who hold related business models or technologies as well as services, thereby leading to the creation of specific projects and the social implementation of the results. At the event, the IoT Acceleration Lab will also hold an individual-based matching event to meet the needs that have been collected in advance from participants and also hold presentations by companies and associations involved in the themes below.

Themes on which the sixth event will focus:
Entertainment,
Risk management, and
AI
Associations participating in a presentation matching event:
Avex Inc., XXX, and other companies (under coordination)

(3) Commendation ceremony to recognize winners of the third Big Data Analysis Contest

The IoT Acceleration Lab has been holding the Big Data Analysis Contest, aiming to create case examples of entities that utilize big data as well as to cultivate and foster human resources. In the third contest held from October to December 2017, participants competed against each other online concerning the development of algorithms under the theme of “electricity/meteorology,” tackling big data provided by Tokyo Electric Power Company Holdings, Inc. and the Japan Meteorological Agency, and also the data-analysis assignments utilizing big data. At the event, the IoT Acceleration Lab will recognize winners of the contest and also provide presentations by outstanding data scientists concerning the approaches to prediction models and the development of algorithms.

(4) Explanation of the efforts of winners of the Local IoT Acceleration Labs

METI and the IoT Acceleration Lab have been calling for initiatives for the eligible entities, aiming to select such initiatives that create IoT projects in local areas as Local IoT Acceleration Labs to support the establishment of IoT business startups through such local efforts.

At the event, the regions selected under the Local IoT Acceleration Labs will make presentations or hold booth exhibitions to explain their leading efforts.

The following municipalities in charge of the IoT Acceleration Lab will make presentations:
Sapporo City, and Kawakami Village, Nagano Prefecture

The following municipalities in charge of the IoT Acceleration Lab will hold booth exhibitions:
Sapporo City, Yokohama City, Yamanashi Prefecture and Minamishimabara City

3. Details of the events (tentative)

Date and time: March 6 (Fri.), 2018; from 10:00 to 18:00 (tentative)

Venue: Bell Salle Nihombashiexternal link (Fourth floor of Tokyo Nihombashi Tower, 2-7-1 Nihombashi, Chuo Ward, Tokyo

Organizers: METI, the IoT Acceleration Lab, and the New Energy and Industrial Technology Development Organization (NEDO)

Supporting organizations:

  • Sixth IoT Lab Connection (solution matching event)
    The Consortium for Weather Disaster Mitigation, the Visual Industry Promotion Organization, the Digital Content Association of Japan, and the National Conference for Infrastructure Maintenance
  • Third Big Data Analysis Contest
    The Ministry of Education, Culture, Sports, Science and Technology, the Japan Meteorological Agency, the Japan Photovoltaic Energy Association (JPEA), the Weather Business Promotion Consortium, and the Center for Artificial Intelligence Research (C-AIR), University of Tsukuba

Admission: Free

Schedule of the events (tentative)

Stage site

10:00-:
[IoT Lab Connection] Presentations and business matching
Companies’ theme-based presentations (themes: entertainment, risk management and AI)
11:30-:
[Local IoT Acceleration Labs] Presentations by selected regions
13:00-:
[Big Data Analysis Contest] Commendation ceremony
14:00-:
[IoT Lab Selection] Final examination
16:00-:
Panel discussion
Panelists:
Mr. Takuma Iwasa, president, Cerevo Inc.
Mr. Koji Koizumi, president, R.GENE, Inc. / president, IoT NEWS
Mr. Takeshi Natsuno, guest professor, Graduate School of Media and Governance, Keio University
Ms. Mariko Nishimura, president/producer, HEART CATCH Inc.
17:00-:
[IoT Lab Selection] Announcement of the presentation results, and commendation ceremony

Business-matching site

10:00-:
[IoT Lab Connection] 1:1 business matching

Booth-exhibition area

Whole day: Booth exhibitions by the selected municipalities above under the Local IoT Acceleration Labs and the supporting organizations of the IoT Lab Connection.

Note: Several events will be held simultaneously at different venues at Bell Salle Nihombashi. The schedule may slightly change due to delays in progress and other factors during the events.

4. Prior registration of observers

Notes

  1. Application for the 1:1 business matching event has already been closed. The application results of the event will separately be notified to all applicants by the secretariat of the IoT Acceleration Lab.
  2. Interviews will be available. If you wish to make an interview, please contact the following division

Release date

February 16, 2018

Division in Charge

IT Innovation Division, Commerce and Information Policy Bureau

Related website

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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