SCSK and NEC Strengthen Collaboration to Accelerate Customers’ DX and Business Growth

SCSK Corporation (TSE: 9719) and NEC Corporation (TSE: 6701) today announced that they will strengthen collaboration in the data center and network business to accelerate customers’ DX and grow their businesses. As part of this effort, the companies will establish SCSK NEC Data Center Management, Ltd., a joint venture in data center operations on April 1, 2022.

Background and purpose of establishing a new company

Due to the global COVID-19 pandemic and the frequent occurrence of natural disasters, there is a need for the utilization of secure and safe data centers to further raise awareness of business continuity, and to ensure the safety of sensitive information such as personal information. Furthermore, due to the shift to remote work and the acceleration of digital transformation (DX), there is a growing need for using richly functional and highly flexible cloud services.

SCSK and NEC will jointly operate a data center in Inzai City, Chiba Prefecture, Japan, scheduled for completion in April 2022, to accelerate DX for customers, and to attract ecosystem partners, including cloud providers. This will provide customers with significant benefits in terms of convenience and confidentiality in connecting to ecosystem partners when using jointly operated data centers.

Ecosystem partners will also install network connectivity points to jointly operated data centers in the future, giving both companies’ customers the opportunity to leverage the services of the ecosystem partners.

To realize these environments, both companies will jointly own and operate data centers and establish a data center joint operating company with the aim of creating and providing new services with the ecosystem partners.

Role of the new company

The new company will hold the property of a data center in Inzai City, scheduled for completion in April 2022, and will provide data center services and network services to SCSK and NEC. In addition, the new company aims to operate an environmentally friendly data center by using renewable energy, and both companies will contribute to the achievement of virtually zero greenhouse gas emissions.

Future development

SCSK and NEC will continue to attract ecosystem partners to realize a high level of convenience and confidentiality in an environment that combines customer-specific systems within data centers and various cloud services. Going forward, both companies will continue to support the acceleration of customers’ DX and business growth through collaboration in the data center and network business.

Profile of the new company

1. Company name: SCSK NEC Data Center Management, Ltd.
2. Business Activities: Provision of data center services and network services for SCSK and NEC from Inzai City, Chiba Prefecture, Japan
3. Date of Establishment: April 1, 2022
4. Representative: Hiroshi Ogasawara, Representative Director
5. Head Office: Toyosu, Koto-ku, Tokyo
6. Capital: 200 million yen (including capital reserve)
7. Ownership ratio: SCSK: 62.5% NEC: 37.5%
8. Number of employees: 10

About SCSK Corporation

SCSK provides a full lineup of services to support any area of IT solution required for businesses from consulting to system integration, verification services, IT infrastructure implementation, IT management, IT hardware and software sales, and BPO (business process outsourcing).
SCSK at new windowhttps://www.scsk.jp/index_en.html

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.






Topic: Press release summary

BYD and Levo Announce Collaboration to Deploy Up to 5K Battery-Electric Vehicles to Intelligently Electrify U.S. Fleets

 BYD, the world leader in electric vehicles, and Levo Mobility LLC, a joint venture of Nuvve Holding Corp., affiliates of Stonepeak Partners LP, and Evolve Transition Infrastructure LP that provides Fleet-as-a-Service solutions enabling fleets to switch to electric vehicles (“EVs”) rapidly, today announced a collaboration to integrate Nuvve’s leading vehicle-to-grid (“V2G”) technology with a mix of BYD battery electric vehicles (“BEVs”) and plans for joint deployment of up to 5,000 BEVs over the next five years.

“The BYD-Levo collaboration has the potential to accelerate and transform the transportation sector at a critical time,” said BYD Motors President, Stella Li. “This innovative potential partnership leverages state-of-the art BYD and Nuvve technologies and will provide access to Stonepeak’s financing, which will lower the cost of medium- and heavy-duty battery electric vehicle adoption for fleets of all types including mass transit, municipalities, last mile delivery and school districts.”

Nuvve’s proprietary V2G technology utilizes high-powered bidirectional charging stations, which not only charge the batteries but also discharge energy from the batteries back into the power grid as needed to help balance temporary spikes in electricity demand. Utilizing Nuvve’s bidirectional charging stations and proprietary software, the BEVs can act as energy storage assets discharging megawatts of capacity to the grid and performing other services that help stabilize the grid and prevent blackouts while ensuring that each BEV has enough charge for the next trip. In addition to saving electric fleets money by charging when utility rates are low, Nuvve’s platform also enables revenue opportunities from these grid services.

Through a preferred financing partnership with BYD, Levo intends to purchase up to 5,000 medium and heavy duty V2G-enabled BEVs over five years that may include transit buses and coaches, yard tractors, drayage and refuse trucks, last mile delivery vehicles and school buses.

Levo’s comprehensive offering streamlines electrification by providing fleet owners and operators with a turnkey solution that includes electric vehicles, associated charging infrastructure and energy management powered by Nuvve, maintenance, site planning, and more. These services are provided to customers for a fixed monthly payment with no upfront cost.

“Our collaboration with BYD continues the momentum of transportation electrification that Nuvve is passionate about,” said Gregory Poilasne, Chairman and CEO of Nuvve and Chairman of Levo Mobility. “By integrating our V2G platform with a variety of medium and heavy-duty electric fleets, we can introduce these vehicles to the grid in a much more intelligent and sustainable way, help integrate more renewable energy sources, and ultimately accelerate the reduction of harmful CO2 emissions.”

“We are very pleased to foster a fantastic working relationship with Levo, Nuvve, and Stonepeak,” said Sam Kang, BYD’s head of Total Solutions. “This partnership would provide a much-needed financing solution and the world’s leading V2G platform to catalyze the electrification initiative. Ultimately, this will reduce substantial carbon emissions so we can all have a breath of fresh air.”

“With over $20B in revenue and more than 65k electric buses deployed worldwide, BYD is a giant in electric mobility – we are thrilled to announce Levo’s partnership with BYD as its preferred financing partner,” said Trent Kososki, Managing Director at Stonepeak. “Our joint efforts aim to rapidly accelerate deployments of safe, cost-effective and environmentally friendly electric transportation solutions leveraging Levo’s fully-financed solution. BYD’s customers now have a means to avoid up-front costs and immediately enjoy the immense benefits of electric vehicles including immediate, day one fuel and maintenance savings.”

About BYD

The Official Sponsor of Mother Nature™, BYD, which stands for Build Your Dreams, is the world’s leading electric vehicle company with proven innovative technology for cars, buses, trucks, forklifts, and rail systems – like SkyRail. BYD is dedicated to creating a truly zero-emission ecosystem offering technology for solar electricity generation, energy storage to save that electricity, and battery-electric vehicles powered by that clean energy. Globally, BYD is committed to corporate social responsibility, monitoring our supply chain in terms of human rights, environmental safety, hazardous substance control and intellectual property rights. We select only suppliers who share our commitment to labor practices, human rights standards and the environment. BYD has 220,000 employees across the globe, including nearly 1,000 in North America. BYD is the world leader in electric vehicles with more than 65,000 battery-electric transit buses and motor coaches to customers worldwide. For more information, please visit www.BYD.com or follow BYD on LinkedIn, Twitter, Facebook and YouTube.

Contact: Jim Skeen, media relations specialist at jim.skeen@byd.com/661-436-0513.

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Japan – NEC Expands its Collaboration with AWS in Areas Including Global 5G and Digital Government

NEC Corporation (NEC; 6701) has expanded its collaboration with Amazon Web Services, Inc. (AWS) in areas that include global 5G and the digital government in support of accelerating digital transformation for customers.

Toshifumi Yoshizaki, Executive Vice President at NEC Corporation and Matt Garman, Senior Vice President at Amazon Web Services Inc.

In November 2020, NEC and AWS concluded a corporate-level strategic collaboration agreement, and have been developing offerings and strengthening delivery capabilities since then. NEC will now expand this collaboration and strengthen efforts in the following areas:

1. Global 5G

NEC aims to develop an end-to-end 5G offering and to provide it globally by combining NEC’s high-performance cloud-native open 5G mobile core, OSS/BSS solutions, local 5G use cases etc., and AWS cloud and edge solutions. NEC will accelerate telecom carriers’ cloudification of network workloads and enhance digital transformation for enterprises by deploying 5G-based infrastructure and applications at the network edge. This combined solution stack will be supported by NEC’s system integration services to enable customers to efficiently deploy and scale 5G networks, enhance automation and drive significant improvement in operational economics.

2. Digital government

NEC has been certified as an AWS Government Competency Partner based on the strategic collaboration that started last year and its achievements for governments to date. Going forward, NEC will further strengthen its relationship with AWS and focus on developing and providing a menu of offerings to accelerate the digital transformation for government activities in Japan.

3. Hybrid cloud

By collaborating with AWS, NEC aims to develop and provide a menu of offerings that connects on-premises and cloud environments securely, at high speed, and with low latency. This will contribute to the acceleration of digital transformation through modernization that utilizes the customer’s existing information technology (IT) assets.

To accelerate these initiatives, the NEC Group has increased the number of AWS-certified engineers to 2,000 at present, aiming for 3,000, double the number from the start of collaboration in 2020, and firmly maintains one of Japan’s largest delivery capabilities for cloud projects. Going forward, NEC will continue to strengthen these positions and to ensure that it responds to customers’ digital transformation demands.

Comments from both companies on this collaboration are as follows.

“NEC is pleased to announce the expansion of its strategic collaboration with AWS. Last year, NEC announced this global collaboration as the first of its kind between AWS and a Japanese company. It has been a great year, seeing many successes in the areas of government, modernization and in the skill enhancement of NEC engineers. NEC is now expanding the collaboration with AWS in the areas of global 5G, digital government and in enhanced hybrid cloud offerings. With the strong global support from AWS, NEC will help drive digital transformation in the government sector and across industries as part of orchestrating a brighter world,” says Toshifumi Yoshizaki, Executive Vice President at NEC Corporation.

“We are delighted to deepen our relationship with NEC. AWS welcomes NEC’s commitment and delivery of solutions built on AWS to deliver high-quality solutions that accelerate customers’ digital transformations. We look forward to NEC’s continued expansion of offerings and further expansion of delivery capabilities to optimize these transformations,” says Doug Yeum, Global Head of Alliances & Channels at Amazon Web Services, Inc.

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

For the comments from Toshifumi Yoshizaki, Executive Vice President at NEC Corporation and Matt Garman, Senior Vice President at Amazon Web Services Inc, click: https://www.nec.com/en/press/202109/global_20210908_01.html.

Japan – Collaboration with South Pole to Generate and Sell Carbon Credits from Carbon Removal Technologies

Mitsubishi Corporation (MC) is pleased to announce it has signed a collaboration agreement with one of the world’s largest carbon credit developers, South Pole. Part of MC’s efforts to reduce its environmental impact, the agreement covers the joint study of a project to generate and sell carbon credits derived from carbon removal technologies such as CCUS (Carbon Capture Utilization and Storage).

In order to achieve the goals set forth in the Paris Agreement and keep global warming within 1.5degC(1), it is considered critical not only to reduce CO2 emissions, but also to introduce carbon removal technologies such as CCUS, which captures, stores, and effectively uses the CO2 already emitted into the atmosphere. However, technological innovation and cost reduction are issues that need to be addressed before carbon removal technologies can be implemented on a large scale.

This project aims to solve these problems by developing and selling carbon credits for carbon removal technologies, providing a new source of revenue through credit sales to the companies that supply the credits, and offering credit buyers the opportunity to purchase the credits.

MC has been working on several projects in the field of CO2 mineralization(2), and by utilizing its knowledge and network, will examine and determine the feasibility of commercialization with South Pole by the end of this year. Through the commercialization of this project, MC hopes to contribute to global decarbonization by creating and leading a virtuous cycle that promotes the development and implementation of superior carbon removal technologies such as CCUS.

Overview of South Pole

South Pole recognizes that private sector climate action is essential to address climate change. To leverage this potential, South Pole focuses on working with large companies to reduce their environmental footprint while making concrete impacts on removing CO2 from the atmosphere through direct development of climate action projects. Founded in 2006, South Pole today has about 500 staff in 18 offices globally, and has developed about 1,000 projects responsible for removing, reducing or avoiding over 100 million tons of CO2e to date. South Pole has worked with over 1,000 companies and organizations on their climate journeys. For more information, visit www.southpole.com or follow us on LinkedIn, Twitter, and Facebook.

(1) According to the IPCC Special Report “Global Warming of 1.5degC” (SR15) there is an urgent need to scale up efforts to remove CO2 from the atmosphere in order to achieve the 100-1,000 Gt of CO2 removals by 2050 required to keep global warming within 1.5degC.
(2) Related MC announcements
R&D on Use of CO2 in Concrete(August 5th 2020)
Use of CO2 in Concrete / Partnership with Blue Planet Systems Corporation(September 23, 2020)
Use of CO2 in Concrete / Investment in CarbonCure and Formation of Partnership(January 29, 2021)

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Moonstake Collaboration Webinar with Strategic Partner, Orbs on April 21st

Moonstake and our strategic partner, Orbs blockchain, will hold a joint webinar on 21st of Apr at 7PM in Singapore time. We will discuss the future collaboration of Moonstake as a Guardian (validator) of ORBS and Blockchain Applications for Businesses and Finance. This webinar will be useful for those who want to learn more about Orbs and the applications of blockchain and staking for businesses. ORBS staking will be made available on Moonstake Wallet in the coming week. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras and Centrality, ORBS becomes the 11th available staking coin on Moonstake.

Orbs offers the winning blockchain stack, providing the perfect mix of performance, cost, security and ease of use, while harnessing the power of community, decentralization and distribution. By entering into a strategic partnership with Moonstake, the two companies are working to accelerate global awareness and adoption of blockchain and distributed ledger technologies in the field of finance together.

There will be plenty of time for Q&A, so please feel free to ask any questions you may have.

About this webinar