New joint venture aims to enhance productivity,
increase revenue and accelerate the adoption of data-driven models
through the use of advanced digital technologies
INFRONEER Holdings and Accenture (NYSE: ACN) today announced an
agreement to establish a joint venture (JV), INFRONEER Strategy
& Innovation, aimed at resolving key issues in and promoting
innovation for the safe and efficient construction and operation of
infrastructure in Japan. The investment structure of the JV is
81%-owned by INFRONEER HD and 19%-owned by Accenture. The JV will
be established on April 1, 2025, and consist of approximately 100
employees.
In recent years, Japan’s aging infrastructure—including roads,
airports, water supply and sewage systems, and public
facilities—has led to numerous serious accidents across the
country. Additionally, local governments’ financial constraints,
along with the declining birthrate and aging population, have
worsened the labor shortage, driving up challenges in construction
and infrastructure management. These not only reduce daily
convenience for residents, but also hinder regional economic
activities, potentially leading to a decline in Japan's
international competitiveness and further increasing the gap
between urban and rural areas.
The JV plans to take a leading role in addressing these critical
issues 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.
The joint venture will also be responsible for cultivating
specialized talent to handle these functions and for managing IT
investments and governance across INFRONEER group. The JV will
undertake the following initiatives:
- Implementing a data-driven management model: The JV will
shift INFRONEER group's current business management model to one
that is data-driven, based on scientific evidence and leverages AI
and other technologies to enhance management decisions. First, the
JV will build a digital platform that links data such as personnel,
costs and processes across the entire value chain of sales, design,
procurement and construction in the civil engineering and building
construction business. The JV will implement a management cockpit
that visualizes the data aggregated in this platform, which in the
future may be leveraged by other business divisions to optimize the
allocation of human resources and costs.
- Improving productivity on construction sites: The JV
aims to improve productivity through the use of digital technology
and increased funds for wages, making the INFRONEER group and the
industry more attractive and enhancing sustainability within both.
As an example, the joint venture will implement a system that uses
technology combining 360-degree camera and BIM (Building
Information Modeling) to reduce the burden of reinforcement
inspections, which account for about 10% of working hours on
construction sites. Additionally, the JV will develop and deploy
solutions to make time-intensive estimation work more efficient,
and will look at the possibility of proposing next-generation
facilities that result in labor reductions and unmanned operations
in manufacturing and logistics sites.
- Improving efficiency and quality in infrastructure
operations: For infrastructure such as roads and public
facilities that are owned by municipalities, the JV will propose
and promote efficiency through private sector knowledge and digital
technologies. So far, INFRONEER and Accenture have been jointly
involved in the construction of EAM (*1) software for Japan's first
toll road at Aichi Road Concession, a member of the INFRONEER
group, and in developing utility cost reduction solutions for the
Miura Sewerage Concession. In the concession business (*2) of the
INFRONEER Group, the JV will continue these efforts while further
integrating the extensive expertise of this joint venture's
seasoned experts to apply and expand a new management model that
balances efficiency and quality improvement in infrastructure
operations in Japan.
INFRONEER group has undertaken the largest number of concession
projects in Japan and is an industry-leader in implementing cost
disclosure contracts (*3) ahead of its competitors. Accenture has a
track record of being the reinvention partner of choice, with a
focus on generative AI, increasing technology fluency and promoting
regional revitalization efforts through the use of digital
technology.
Kazunari Kibe, Director Representative Executive Officer and
President of INFRONEER Holdings, said: "INFRONEER Holdings' mission
is to challenge the status quo of existing infrastructure
businesses and deliver the most suitable service globally with
innovative ideas. 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."
Atsushi 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 gaining
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."
About the INFRONEER Strategy & Innovation Joint
Venture Name of firm: INFRONEER Strategy & Innovation
(tentative name) Location of headquarters: 2-10-2 Fujimi,
Chiyoda-ku, Tokyo Position of the head of the firm: Kazunari
Kibe
Business description:
- Research and studies to support the formulation and execution
of INFRONEER group's business strategies, as well as the planning,
formulation, and execution of digital strategies based on these
business strategies.
- Verification and construction of the application of digital
technologies.
- Planning, design, development, operation, sales, management,
and maintenance of information systems.
- Design, development, and operation of software, applications,
and infrastructure.
- Commissioned education and training for talent development and
capability enhancement, as well as consulting related to these
services.
- Collection, analysis, management, and processing of
information, as well as information provision.
- All business activities incidental and related to the above
items.
Establishment: April 1, 2025 Number of Employees: approximately
100 Investment breakdown: INFRONEER HD 81% Accenture 19%
*1 EAM is an abbreviation for Enterprise Asset Management, which
is a system for maintaining and managing an organization's tangible
assets throughout the entire lifecycle of each asset. *2 A
concession business is a method in which the ownership of the
facility remains owned by the administrative agency and the right
to operate the facility is set to a private operator for a public
facility that charges usage fees. *3 Cost disclosure contracts is a
contract method that consists of three elements: open book (cost
disclosure), cost + fee, and incentive plus penalty. The client,
the contractor, and the designer will proceed with the business in
accordance with the mindset of mutual trust and cooperation.
About INFRONEER Holdings Name of firm: INFRONEER Holdings
Inc. Location of headquarters: 2-10-2, Fujimi, Chiyoda-ku, Tokyo
102-0071 Japan Founded Date: 01, October 2021 Head of the Firm:
Kazunari Kibe, Director Representative Executive Officer and
President
Business description: Provision of all construction services
from planning proposals, design, construction, operation,
maintenance and other services related to construction of
infrastructure, business management of subsidiaries in construction
(civil engineering, building construction), road civil engineering,
and manufacture and retailing of construction machinery, and
business management of the Group related to all its businesses.
Visit https://www.infroneer.com/en/ for more information about
INFRONEER Holdings
About Accenture Accenture is a leading global
professional services company that helps the world’s leading
businesses, governments and other organizations build their digital
core, optimize their operations, accelerate revenue growth and
enhance citizen services—creating tangible value at speed and
scale. We are a talent- and innovation-led company with
approximately 799,000 people serving clients in more than 120
countries. Technology is at the core of change today, and we are
one of the world’s leaders in helping drive that change, with
strong ecosystem relationships. We combine our strength in
technology and leadership in cloud, data and AI with unmatched
industry experience, functional expertise and global delivery
capability. Our broad range of services, solutions and assets
across Strategy & Consulting, Technology, Operations, Industry
X and Song, together with our culture of shared success and
commitment to creating 360° value, enable us to help our clients
reinvent and build trusted, lasting relationships. We measure our
success by the 360°value we create for our clients, each other, our
shareholders, partners and communities. Visit us at
accenture.com.
Copyright © 2025 Accenture. All rights reserved. Accenture and
its logo are registered trademarks of Accenture.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250218477904/en/
Ken Kanda or Yuichiro Kawakami Accenture +81 3 3588 3000
accenture.jp.media@accenture.com
Accenture (NYSE:ACN)
Historical Stock Chart
From Jan 2025 to Feb 2025
Accenture (NYSE:ACN)
Historical Stock Chart
From Feb 2024 to Feb 2025