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  5. Study Group for Acceleration of Digital Transformation to be Inaugurated

Study Group for Acceleration of Digital Transformation to be Inaugurated

August 27, 2020

Digital transformation (DX) is an approach necessary for uncovering changes in business environments surrounding companies amid the epidemic of the novel coronavirus disease and for encouraging industrial players to advance development of strategic businesses. To promote DX, METI inaugurated a new study group called “Study Group for Acceleration of Digital Transformation” in order to hold discussions on ideal approaches to challenges in and measures for DX, and the study group will hold meetings for this purpose.

1. Purpose of and background to the inauguration of the study group

In September 2018, METI released a report titled “Report on Digital Transformation: Overcoming of '2025 Digital Cliff' Involving IT Systems and Full-fledged Development of Efforts for Digital Transformation” (hereinafter referred to as “DX Report) and presented the importance of promoting DX and challenges therein through the report. Since then, METI has been developing a variety of measures contributing to DX promotion as seen in its publication of the DX Promotion Guidelines and the DX Promotion Indices.

As two years have passed since the issuance of the DX Report, more and more domestic companies feel a rising sense of crisis in the current circumstances surrounding digital transformation. Triggered by this sense of crisis, some of these companies have already embarked on efforts for DX, while others have not yet started. Currently, this bipolarization is seen among them.

Moreover, the global pandemic of the novel coronavirus disease, which started in early 2020, is causing business environments to become unstable, and this situation makes DX promotion an urgent challenge. Nevertheless, directions of specific efforts and the priority of such efforts should be reviewed based on the social and business environments in a post-coronavirus society.

Roles which vendors should play in the post-coronavirus era are also expected to be changing in different business environments. In addition, value that vendors should provide and ideal approaches thereto as well as new relationships between vendors and user companies in advancing DX are issues necessary to be discussed. Against this backdrop, the study group will hold meetings aiming to uncover changes brought by the novel coronavirus pandemic and to advance discussions on challenges in DX promotion and ideal approaches to measures for its promotion.

2. Outline of the structure and approaches to issues of the study group

3. Schedule

The study group will hold its first meeting on August 27, 2020, with subsequent meetings thereafter. The meetings will not be open to the public in order to ensure an opportunity for industry representatives and members of the study group to exchange their opinions in a frank and free manner. However, progress reports of the meetings will be made public.

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