ITOCHU Technology Ventures, Inc. ("ITV"; President and CEO: Toshihisa Adachi; Head Office: Minato-ku, Tokyo) has invested in xica Co., Ltd. ("Xica"; CEOs: Yoshiaki Hirao and Yuji Yamada; Head Office: Shinjuku-ku, Tokyo).
Xica will further develop "xica adelia", a statical analysis tool that will not require technical analysis knowledge, and aim to further help users discover something new using its output and create something of new value.
About xica adelie, the statical analysis tool:
"xica adelia" is a cloud-based web application aiming to provide statistical analysis without technical knowledge.
Although the volume of data that companies store is growing exponentially, the analytical capacity of people and organizations has not caught up with the demand as the number of analysis specialists is lacking, and most of the existing statistical analysis tools are for professional use and require technical knowledge.
As a result of this issue, "xica adelie", which allows most users to verify statistical hypothesis, was developed.
This service is designed to reach users with no technical knowledge so that it can offer them unique features that other applications don't have, including intuitive user interface (no technical terms!), automatic suggestion of hypotheses (combined correlated data) and cloud sharing of analysis work and results.
Thanks to the recognition of such features, a stable increase of users, composed mainly of those involved in the IT industry, has been seen since its official release in October 2013.
About xica Co., Ltd.:
Name: xica Co., Ltd.
CEOs: Yoshiaki Hirao and Yuji Yamada
Year of Establishment: 2012
Location: Fuji Building 2nd Floor, 1-7-1 Takadanobaba, Shinjuku-ku, Tokyo
Phone: 81 +3 6273 8591
Click here for details.