Japanese infrastructure company INFRONEER Holdings and Accenture agreed to establish a joint venture (JV), INFRONEER Strategy & Innovation. The investment structure of the JV is 81%-owned by INFRONEER HD and 19%-owned by Accenture. It will be established on April 1, 2025, with approximately 100 employees.
This new joint venture aims to enhance productivity, increase revenue, and accelerate the adoption of data-driven models through the use of advanced digital technologies in Japan.
The JV plays a resolving role in addressing critical issues like Japan’s aging infrastructure, safe and efficient construction, and regional economic activities by applying advanced digital technologies, including AI, across INFRONEER group. It will accelerate the adoption of data-driven models – from optimizing IT operating costs and making strategic IT investments at the management level – to improve productivity at construction and infrastructure operation sites.
The JV will pursue these initiatives through a multifaceted approach, supporting the creation of new businesses as a strategic think tank, driving business reform through data analysis, and managing continuous digital transformation.
Kazunari Kibe, Director Representative Executive Officer and President of INFRONEER Holdings, said: “We have been working with Accenture since April 2022 to demonstrate how we take the lead in innovative initiatives, especially in an infrastructure industry which is lagging in digitalization. This initiative not only aims to solve issues within Japan but also considers global infrastructure operations and construction projects. It is driven by the ambition to create one of the pillars for future economic growth in Japan. We are confident that the establishment of this JV will dramatically accelerate this initiative and bring us closer to its realization.”
Also Read: BCC Iccrea Group Partners with Accenture to Drive its IT TransformationAtsushi Egawa, CEO of Accenture Japan, added: “Japan is facing a severe labor shortage, and we believe digital technology is the key to solving this challenge. Digital technologies augment human capabilities and facilitate collaboration within and beyond organizations and across borders, resulting in unparalleled advantages in productivity and efficiency for businesses and organizations. This JV is Accenture’s first initiative in the construction industry in Japan, which will not only accelerate INFRONEER group’s competitiveness, but will also contribute to solving structural challenges that Japan is currently facing. We will do our utmost to lead to the growth of both our customers and Japan as a whole.”
The joint venture will also cultivate specialized talent to handle functions and manage IT investments and governance across the INFRONEER group.
