Friday, September 22, 2023

CBA Signs Distribution Agreement with Nomura Research Institute (NRI) for Innovative SXM Platform CareAR

By ET Bureau - July 20, 2023 3 Mins Read

CBA Signs Distribution Agreement with Nomura Research Institute (NRI) for Innovative SXM Platform CareAR

Communication Business Avenue, Inc., and Nomura Research Institute, Ltd.  signed a distributorship agreement for CareAR, an SXM platform that uses AI and Augmented Reality (AR) to improve efficiency. Through this partnership, cutting-edge AI and AR technologies can be used to quickly achieve digital transformation in a variety of industries and use cases, including customer support, service desk, field work, and training.

Companies are currently facing issues such as a declining workforce and need to upskill less experienced workers. Through this partnership, NRI will provide flexible solutions to address not only corporate issues such as human resource shortages and efficient staffing, but also social issues such as the declining birthrate and aging population.

This alliance will not only provide advanced communication and precise support at all customer contact points, but also bring new possibilities to companies by increasing the synergistic effect of NRI’s extensive knowledge, CBA’s advanced know-how, and CareAR’s innovative AI & AR technology.  Through these efforts, this partnership will contribute to the sustainable growth of companies and society as a whole.

“CareAR’s remote assist and self-guidance visual technology is ideally aligned with NRI’s mission to envision and realize new paradigms and to be a trusted partner for mutual growth.” Said Sajeel Hussain, Chief Revenue Officer, CareAR. “We welcome NRI as a CBA CareAR Service Experience Management platform partner and their efforts to empower service transformation with CareAR’s industry leading AI-powered augmented reality platform.”

Also Read: How Businesses Can Build an AI-ready Workforce

CareAR enables self-help solutions for customers and employees by using AI and AR to provide instructions for physical objects that exist in the real world. In addition, remote communication with annotations fixed in space on live images, which was not possible with conventional tools, will enable accurate real-time guidance to promote remote resolution. This enables engineers and staff in charge of field service and other on-site work to receive support from skilled technicians and experts in remote locations using AR.

AI data analysis, learning and training support, and real-time guidance and simulation using AR and Digital Twin visualizations will help employees optimize their skills and capabilities, leading to improved work efficiency and quality. Such human resource development and enhancement of capability levels are closely linked to the organization’s human capital management, and as a corporate organization, NRI is committed to improving competitiveness and maximizing results.

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