TOKYO, Sept 3 (Bernama-BUSINESS WIRE) — Fuji Xerox Co., Ltd., together with Ripcord—the world’s leading robotics and integrated SaaS digitization company based in California, U.S.—will establish a joint venture FUJIFILM RIPCORD this month in Japan. FUJIFILM RIPCORD will provide services that drive digital transformation (DX) in corporations and society, with aims to reach sales of over 30 billion yen by mid-2020s. The new company also has future plans to expand its business in the Asia Pacific region.
Fuji Xerox has a well-established know-how of improving businesses’ entire work process through its BPO (business process outsourcing) service. By combining those skills with Ripcord’s advanced robotics technology and AI (artificial intelligence) which transforms paper records to digital in high speed, FUJIFILM RIPCORD will enable the digitalization of previously unmanageable large quantities of paper reports, vouchers, contracts and other kinds of documents in a reduced amount of time.