Japan's Robot Revolution Is Attracting Venture Capitalists
by Shigeru Sato and Monami Yui for Bloomberg Business: Venture capitalists who have long avoided investing in Japan may think again as startups in the country develop a new generation of robot technology, according to consultant Koichi Hori.While Japan has little chance of catching up to the U.S. in digital media, the next phase of technological innovation will be in robotics with artificial intelligence, said Hori, who headed Boston Consulting Group Inc.’s Japan office before founding Dream Incubator Inc. in 2000. That plays to Japan’s strengths in engineering, he said.
“Digital media will only be in the mainstream for about three years, or five years at most,” Hori, 70, said in an interview in Tokyo on May 27. “From that time on, robots and robotics will be the eye-catchy industries. Japan has a good chance, particularly in the area of hardware for robots.”
Prime Minister Shinzo Abe is pushing for a “robot revolution” to help reclaim the dominance of Japanese technology after companies such as Sony Corp. lost ground to Apple Inc. and Samsung Electronics Co. With venture investment less than 3 percent that of the U.S., Japan has struggled to replicate Silicon Valley’s success as a hub of innovation. Cont'd...
Comments (0)
This post does not have any comments. Be the first to leave a comment below.
Featured Product
Midwest Motion Products is a leading provider of robust and reliable Motion Control Products.
MMP specializes in supplying high-quality Brushed & Brushless DC Motors & Gearmotors for Robotics and Automation Equipment with a wide range of motor windings and gear ratios. With an impressive track record of more than 8,000 released DC Gearmotors designs and over 2,000,000 individual part numbers, we are renowned for our ability to handle large-scale orders. Due to our huge on-hand inventory, we are also well known for lightning-fast delivery of our standard products. We take pride in our dedicated customer service and our team of knowledgeable sales and engineering experts who are ready to assist you with custom design solutions tailored to your specific application. Additionally, we also offer a wide range of complimentary products, such as DC Motor Controls, DC Linear Actuators, AC-DC power Supplies, and DC Servo Amplifiers and others.
