TRIPLE-1, Inc. newly enters the local 5G market.
We presented our new product, "TOKI" series.
Social background ~The importance of communication and DX accelerated by the COVID-19 epidemic ~
The new standard of non-face-to-face and non-contact communication is accelerating Digital Transformation (DX) such as smartification, automation, and going online, making technology and the situations in which it is used more accessible than ever before. According to statistics (*2), in the world of the COVID-19 epidemic, a decade's worth of e-commerce deliveries were performed in just 8 weeks, and 250 million students engaged in online learning in the span of two weeks. The demand for DX is growing in many other areas, including remote medical consultation and video streaming.
These changes in society's needs highlight once again the importance of communication as a means of connecting technology and people.
About local 5G ~Features unique to local 5G~
The merits of local 5G ~From wired to wireless~
Case 1: Seamless communication with mobile objects
Going wireless will not only reduce the costs, but will also ensure seamless communication with mobile objects such as work vehicles and AGVs.
Case 2: Remote worker support
By using devices such as AR glasses, instructors in remote areas can assist workers on the site to complete their work in a short time, even if they are not skilled. In addition, by receiving guidance in real time, the proficiency of the on-site workers can be improved in a short period of time, eliminating the shortage of manpower and efficiently passing on technical skills.
Case 3: Real-time monitoring and control
By taking advantage of the "low latency" and "multiple simultaneous connections" of local 5G, multiple AGVs in a factory can be controlled in real time in response to changes in the surrounding environment, enabling smooth delivery of goods to the desired location. Also, in the event of an emergency, by transmitting high-definition 4K and 8K video from the AGVs, the system can be used as an "eye" to quickly confirm the situation at the site.
For reference, there are estimates (*3) that 5G networks will have an economic effect of ¥13.4 trillion on the domestic manufacturing industry (operation optimization: ¥7.5 trillion, inventory management streamlining: ¥1.2 trillion, labor cost streamlining: ¥4.7 trillion). Besides manufacturing, local 5G is expected to have significant effects in various other fields as well, such as agriculture, forestry, fishery, transportation/logistics, construction, medical care, entertainment, and crime prevention/disaster prevention.
TRIPLE-1 will create an impactful success story and communicate it not only domestically, but also globally, so that everyone can be convinced of the benefits that local 5G can bring to society.
About TOKI ~Building an ecosystem for local 5G~
Furthermore, we are also focusing its efforts on building ecosystems with leading partners that have advantages in various industries such as primary industries, manufacturing, logistics, medical care, and entertainment, and has established the "TOKI Ecosystem Program" to promote cooperation and collaboration. (For more information, please contact us.)
Future business development ~The potential of hybrid business~
Mining x Energy ~Turning energy into an asset~
For large-scale electric power businesses, the options for storing and saving large amounts of electrical energy have been limited to storage batteries. On the other hand, cryptocurrency mining, such as Bitcoin, requires massive computational processing and large amounts of electrical energy. From there, the idea of converting electrical energy, whose storing and saving options had originally been limited, into "assets" in the form of cryptocurrencies by operating computing devices for mining with large amounts of electrical energy and storing and saving those assets has been born.
Since 2018, when TRIPLE-1 was still in the development stage of its proprietary devices, it has been working with large-scale domestic energy providers, and is currently working on several projects.
AI x Communication ~A society in which cooperation between AIs is the key~
For example, in order to create a society where automated driving is the norm, it is necessary to process not only the driving data of single cars, but also the big data from the surrounding environment and other cars in real time. This is because it is necessary to control driving based on the overall situation and ensure safety. In order to achieve this, not only high-performance AI devices, but also a powerful and secure communication infrastructure that can connect multiple AI devices together is essential.
TRIPLE-1 has been focusing on the potential of "AI x Communication" and has been conducting research and development of communication devices in collaboration with external partners since 2019. In the future, we will hybridize our core computing technologies with "energy" and "communication" businesses to create innovative solutions for the future digital society, in which things and people are connected in a complex and real-time manner.
(Reference) Local 5G market size
Inquiries about the TOKI Ecosystem Program
Regarding this press release
(*2) Source: McKinsey & Company, "Meet the Next Normal Consumer"
(*3) Source: Ministry of Internal Affairs and Communications data
(*4) Source: "RAN Research" by Rethink Technology Research
(*5) Source: Trend Survey on Noteworthy Fields (2019) overview by the Japan Electronics and Information Technology Industries Association (JEITA)