VELDT and Sigmaxyz concluded consulting partnership agreement
to roll out Causal AI "xCausal™"
Accelerating causal-based decision making across various
industries
VELDT Inc. (Headquarters: Shibuya, Tokyo; CEO: Jin Nonogami, hereafter "VELDT") has concluded a consulting partnership agreement with Sigmaxyz Inc. (Headquarters: Minato, Tokyo; President and CEO: Hiroshi Ota, hereafter "Sigmaxyz") to expand the use of its causal AI "xCausal™" for rapidly estimating causal relationships from data.
Through this partnership, "xCausal™" will be combined with Sigmaxyz's expertise in digital transformation (DX) consulting to provide new solutions based on causal relationships. This approach aims to address challenges that were difficult to resolve with correlation analysis alone.
VELDT is deploying "xCausal™," a causal inference platform that accelerates the discovery of solutions and new hypotheses by quickly estimating causal relationships through data utilization, across a wide range of fields requiring rapid cause identification and solutions, from healthcare and wellness to manufacturing, finance, and distribution.
Currently, many companies and organizations are hypothesizing and verifying causes of issues based on correlations, which often results in significant time loss due to the need to redo analyses caused by spurious correlations. "xCausal™" enables rapid virtual trial and error of causal relationships in minutes by combining proprietary technologies developed in-house with the latest causal discovery and inference techniques. This allows for shorter R&D cycles, higher success rates, and more productive utilization of skilled personnel.
However, the selection and use of data that contribute to the discovery of causal relationships vary by industry and field, and leveraging this specialized knowledge is crucial for improving the accuracy of cause identification. By concluding this agreement, VELDT will be able to offer "xCausal™" across a wide range of industries and fields, in conjunction with Sigmaxyz's expertise and consulting services in various industries. Additionally, Sigmaxyz will be able to achieve essential problem-solving through causal inference using "xCausal™."
VELDT aims to expand its partner program through this partnership agreement by collaborating with partner companies possessing specialized knowledge in various industries and fields such as manufacturing, retail, finance, healthcare, and marketing. This will promote the use of "xCausal™" in diverse industries and sectors, enabling more specific and effective solutions to customer issues and fostering mutual development.
■Executive Managing Officer, Sigmaxyz Inc.: Akihiro Mizohata
Sigmaxyz Inc. is delighted to announce the conclusion of a partnership agreement with VELDT Inc. (hereafter "VELDT"). Our company leverages advanced technology to support the productivity improvement of core business operations, the development of new services, and the transformation of management platforms for enterprises. Through our business activities, we are confident that causal discovery and inference analysis play a crucial role in effective data-driven decision-making, problem-solving, risk management, and the provision of personalized services across various industries. Through this collaboration with VELDT, we will leverage causal discovery and inference analysis to solve more challenges faced by companies and industries, thereby accelerating value creation activities.
■About “xCausal™”
Web site: https://xcausal.com/en/
xCausal™ is a SaaS-based causal AI platform that emphasizes ease of use, allowing users to start using it simply by uploading data. xCausal™ offers unique features that enable rapid and straightforward execution of causal structure computation, known as "causal discovery," which required supercomputers in some cases. Based on assumptions of causal relationships, xCausal™ recommends data that are strongly related to the outcome, based on causal assumptions. It allows users to model the causal structure in as little as a few dozen seconds by focusing calculations on important variables (causal discovery). Additionally, it allows users to seamlessly simulate causal effects by virtually changing variables considered to be causes, demonstrating how outcomes might change (causal inference). This capability enables quick confirmation of causal relationships and facilitates iterative virtual trial-and-error, aiding in understanding causes and making informed decisions. Moreover, through professional services, custom usage tailored to various needs is also available.
■About Partner Program
VELDT implements two models as part of the xCausal™ partner program and will work with partner companies with expertise in each industry and domain.
- 1. Consulting Partners: Partner companies provide consulting services for "xCausal™", while VELDT directly offers "xCausal™" to clients. Consulting partners can access the "xCausal™" environment of their own clients to provide analysis and consulting services.
- 2. VAR (Value-Added Reseller) Partners: Partner companies integrate "xCausal™" into their own services, adding unique value propositions. They can incorporate "xCausal™" as an optional feature into applications or services they provide, integrate it with other AI models, and enhance the value of their existing services.
■About Sigmaxyz Inc.
Sigmaxyz Inc. provides consulting services to support the key transformations that companies and organizations need to undertake in the digital economy. With diverse capabilities including business concept proposals, business development, cutting-edge digital technologies, SaaS/cloud services, project management, and co-creation process management, our professionals work towards solving challenges and creating new value for enterprises and organizations. We are also committed to co-creating new industries.
Representative | President and CEO, Hiroshi Ota |
Headquarters | Toranomon Towers Office 9F, 4-1-28 Toranomon, Minato-ku, Tokyo |
Established | October 1, 2021 (Business started in 2008) |
URL | https://www.sigmaxyz.com/sx/ja/index.html |
■About VELDT Inc.
VELDT is a data science company that develops data analytics technology for the real world and society. While technological innovations such as the internet and AI have brought convenience, modern society faces new social and environmental issues as side effects. Since its inception, VELDT has made “Life Tech Rebalance” its mission, aiming to create a positive spiral in human society and the global environment by innovating not only technological advancements but also the ways in which technology is utilized.
Representative | CEO Jin Nonogami |
Headquarters | 2-D, 5-18-10 Jingumae, Shibuya-ku, Tokyo |
Established | August 1, 2012 |
URL | https://veldt.jp/en/ |