Investing in Japan
Latest UpdatesUS provider of training data for machine learning DefinedCrowd establishes company in Tokyo
Feb 25, 2019
DefinedCrowd is a startup headquartered in Seattle, USA established in 2015. Currently the company has 70 employees and an R&D center in Portugal.
When developing as well as installing artificial intelligence (AI), high-quality training data for machine learning is required in the fields of imaging, natural language and audio communication to improve accuracy. Meanwhile, optimizing the accompanying components such as data collection, arrangement, tagging and annotation involve significant time and costs, while also requiring experience. The crowdsourcing community “Neevo,” which is managed by DefinedCrowd, has 100,000 experienced members of 53 countries registered capable of providing support in over 70 languages, allowing the provision of high-quality training data to customers in a short time. The company already has several customers in Japan including major global companies.
While Japan boasts world-class ICT infrastructure, it has fallen behind in terms of utilizing the enormous amount of data held by companies due to a lack of IT-related human resources. Anticipating high demand for their service, the provider established DefinedCrowd Japan Corporation in Tokyo in February 2018 to maintain relations with existing customers while expanding its customer base.
To assist with the establishment of the company's base in Japan, the JETRO Invest Japan Business Support Center (IBSC) provided consultation (on registration, visa, tax and labor matters) and referred a certified legal specialist for company registration.