DataRobot and SBI Holdings Strengthen Partnership
Strengthening DataRobot’s Commitment in Japan
DataRobot, a leading provider of AI solutions, and SBI Holdings, a pioneer of internet financial services in Japan, have announced plans to strengthen their partnership in the Asia Pacific region through a significant investment and the purchase of an expanded license to deploy DataRobot's single-tenant SaaS platform across several additional subsidiaries in the financial services sector.
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SBI Holdings' Investment in DataRobot
SBI Holdings formed a strategic capital and business alliance with DataRobot in December 2020 and has since invested in the company through the "SBI 4+5 Fund" led by its subsidiary, SBI Investment. With the additional investment, SBI Holdings aims to expand the use of DataRobot's AI platform and apply innovative solutions globally.
Goals of the DataRobot and SBI Holdings Partnership
The partnership between SBI Holdings and DataRobot aims to support a spectrum of SBI Group companies in applying the AI platform. Specifically, DataRobot will support the SBI Group companies with AI project strategy, development, execution, and AI training for various persons working with and managing the platform.
DataRobot's AI Platform
DataRobot's AI platform is a unique and collaborative approach to AI that combines an open platform, deep expertise, and broad use-case experience to improve how organizations run, grow, and optimize their business. The DataRobot AI Platform is the only complete AI lifecycle platform that interoperates with an organization's existing investments in data, applications, and business processes and can be deployed on any cloud environment.
SBI Holdings' Businesses and Goals
SBI Holdings has achieved dramatic growth centered around its three major businesses: the Financial Services Business, which includes online securities, banking, and insurance; the Asset Management Business, which primarily invests in venture companies; and the Biotechnology, Healthcare, and Medical Informatics Business, which develops and markets pharmaceuticals, health foods, and cosmetics, as well as research and development of new drugs. Moving forward, the SBI Group will shift to five businesses: "Financial Services," "Investment," "Asset Management," "Crypto-asset," and "Non-financial."
Impact and Value of the Partnership
In conclusion, the deepening partnership between DataRobot and SBI Holdings represents a significant investment in AI's power to transform businesses and industries worldwide. With its AI solutions and expertise, DataRobot is well-positioned to help the SBI Group drive greater impact and value from AI across its various subsidiaries in the financial services sector.
DataRobot
DataRobot, founded in 2012, is a leader in AI and machine learning automation. Based in Boston, the company provides an enterprise AI platform that accelerates data science workflows by automating model development and deployment. DataRobot empowers organizations to make data-driven decisions, enhance productivity, and unlock the value of their data through innovative AI solutions.
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