UK data science start-up secures £3m in Japanese investment

Email a Friend Black Swan plans international expansion following investment led by Mitsui Praseeda Nair Date: 21 March 2016 London-based data analytics firm, Black Swan announced a strategic investment of £3 million led by Japanese corporate giant, Mitsui. A statement issued today confirmed that this investment will support Black Swan’s expansion into Asia. Last week, government officials in Japan told Reuters the country would be the first to use big data in an official measure of consumption by 2019. Japan’s efforts to aggressively ramp up its use of big data began in 2008, when a survey conducted by the Japan Users Association of Information Systems revealed only slightly more than 8 per cent of Japanese companies exploited big data in their systems. The same study showed how Japan was lagging behind…


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