PR83497

TOKYO, March 31, 2020 /PRNewswire=KYODO JBN/ --

- Powerful tool for improving the sales performance and profitability of financial institutions

Mitsui Knowledge Industry Co., Ltd. (headquartered in Minato-ku, Tokyo; headed

by President & CEO Isao Kohiyama; referred hereafter to as "MKI") and Vymo

Japan Co., Ltd. (headquartered in Chiyoda-ku, Tokyo; headed by Representative

Director & President Masaru Kawakami; referred hereafter to as "Vymo"), the

subsidiary of Indian startup Vymo Inc. have launched a business partnership

where MKI will engage in the sales of AI-enabled mobile sales support application

developed by Vymo (referred hereafter to as "Vymo App") to domestic financial institutions.

In the backdrop of the ongoing shrinkage of labor population and decrease of

domestic business entities in recent years, financial institutions seeking for

smart application of digital technology to transform their businesses and

improve their productivity are on the rise. In conjunction with this trend, the

sales teams of these institutions are being pressured more than ever to improve

their work efficiency and respond, at the same time, to the needs of their

existing and potential customers in a more 'customer-centric' manner. For the

salespeople of financial institutions that hold numerous corporate clients,

appropriate lead management is becoming one of their biggest challenges.

Vymo App features an advance artificial intelligence (AI) system that

continuously learns the best practices of sales activities required in

financial institutions, which can provide powerful support to these salespeople

in a wide variety of activities they handle, including the proposals on the

nearest customer call routes identified through the use of GPS, and task

management functions that can prevent the salespeople from missing or losing

opportunities to call or hold meetings with their leads.

Vymo App can be a powerful tool to strengthen the capabilities of the entire

sales team and transform the organization into a more customer-oriented

structure as it is also very useful for sales team leaders and managers who

will be able to give timely advices to their subordinates on how they could be

more productive or more successful in negotiations with their clients by using

this app. Vymo App already has a proven track record of being adopted by over

50 enterprises in banking, securities and insurance sectors worldwide and used

by more than 100,000 salespeople, including some firms that have been able to

increase their revenue for 35% or double the number of opportunities to meet

with existing and potential customers.

With a highly advanced comprehensive competency in all areas of information and

communication technology (ICT), MKI has been providing robust solutions to

numerous clients wanting to solidify the engagement with their customers more.

Last April, MKI entered a business partnership deal with a startup accelerator,

Plug and Play Japan, to utilize the innovative technology and ideas of this

startup to launch new services focused on pushing forward the digital

transformation (DX) of financial institutions as well as to broaden the

possibilities of its own business developments.

The new strategic partnership formed with Vymo will further intensify MKI's

holistic capacity, profound knowledge and execution power as a system

integrator and provider of highly advanced ICT solutions designed to accelerate

the DX of financial institutions and enable them to create and explore a wide

range of new sales opportunities.

Related pages

Products and services: https://www.mki.co.jp/solution/vymo.html 

About Mitsui Knowledge Industry Co., Ltd.

Under the slogan 'Unite Knowledge, Ignite the Future', Mitsui Knowledge

Industry Co., Ltd. (MKI) has been creating IT strategies and supporting the

digital transformation of its clients as their strategic business partner

specializing mainly in information and communication technology. By utilizing

its wealth of 'KNOWLEDGE' accumulated through its long experience in

technological development and innovation continuing for over half a century,

MKI remains consistent in its pursuit to live up to the high expectations of

its customers as their most reliable 'value creator'.

Official website: https://www.mki.co.jp/ 

About Vymo Japan Co., Ltd.

Vymo Japan Co., Ltd. was founded in April 2019 as the Japanese arm of Vymo

group that consists of the founding company, Vymo India, established in 2013

that serves as the global development center of solutions and services, the

US-based holding company, Vymo Inc., and two other wholly-owned subsidiaries,

Vymo Technologies Pte. Ltd. (India) and Vymo SG Pte. Ltd. (Singapore). Vymo

Japan is a fast-growing company that has already succeeded in expanding the

customer base of its worldly renowned AI-enabled sales support smartphone app

to several corporate users in Japan, including some of the leading domestic

insurance companies, and is contributing significantly to spreading Vymo's

visibility in the Asian markets and elsewhere.

Official website: https://getvymo.com/japan https://getvymo.com 

- Mitsui Knowledge Industry, MKI and its logo are trademarks or registered

trademarks of Mitsui Knowledge Industry Co., Ltd.

- Other company and product names that appear in this news release are

trademarks or registered trademarks of those companies.

For inquiries from the media, contact:

Mitsui Knowledge Industry Co., Ltd.

Corporate Communications & CSV Promotion Dept.

TEL : 03-6376-1008

E-mail : press-dg@mki.co.jp

Vymo Japan Co., Ltd.

TEL : 03-5219-1508

E-mail : info_japan@getvymo.com

For inquiries about the service, contact:

Mitsui Knowledge Industry Co., Ltd.

Financial Sector Sales Divison2

Financial Sector Sales Unit

TEL : 03-6376-1240

E-mail : vymo-sales-dg@mki.co.jp

For inquiries from the service, contact:

Vymo Japan Co., Ltd.

TEL : 03-5219-1508

Logo: https://mma.prnewswire.com/media/1026997/Vymo_Logo.jpg 

Source: Vymo