News
2022
04.15

AI demand forecast for construction equipment

Global AI Innovations Laboratory Co., Ltd. (located in Minato-ku, Tokyo, President & CEO: Makoto Ichikawa) has developed a demand forecast service for sales of new construction equipment by using AI technology (hereinafter referred to as “the Service”) for Mitsui & Co., Ltd. (located in Chiyoda-ku, Tokyo, President & CEO: Kenichi Hori, hereinafter referred to as “Mitsui”, https://www.mitsui.com/jp/en/). Mitsui, who has invested in and operates construction equipment distributor business, decided to use the Service to improve the accuracy of demand forecast. Mitsui aims to utilize various data accumulated in Mitsui in a more efficient and effective manner. By improving the accuracy of demand forecast, Mitsui expects to optimize the inventory level of new construction equipment and to reduce opportunity loss in the future.

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