Business Development
Business Unit Overview
Introduction
The Business Development Unit (BDU) creates new and impactful business that contribute to solving social issues by capturing future industrial trends and disruptive technologies with start-ups, Digital Transformation, and cross-industry business developments including strategic alliance with leading companies in Europe.
Business Fields
- Cross-industry business development
- Strategic alliance with leading companies in Europe
- Digital Transformation (DX)
- Investment in start-ups
Cross-industry Business Development
Digital and Green are clearing the industry barrier and we promote cross-industry and mid-to-long-term development by initiating the holistic business development in the field of Energy Transition, Circular economy and Improvement of living standards, by ourselves and with Business Units.Strategic Alliance with Leading Companies in Europe
Based on our strategic alliance with Vodafone Group, we are creating new business in various business domains by leveraging Vodafone’s telecommunication infrastructure-platform and our cross-industry business experiences. We are also pursuing multifaceted collaboration with leading companies in Europe.Digital Transformation (DX)
We also pursue DX, creating new value by incorporating digital technologies into our current industry fields and providing cross-industry solutions to social issues. Our DX Centre provides key functions in supporting business reform and new business development, such as developing Intelligent Automation and Data Analytics.Investment in Start-Ups
Being at the technological frontline and edge of innovation are essential to the start-up ecosystem. Sumitomo Corporation therefore invests – through five global funds – in early-stage start-ups developing deep-tech and/or business models with a potential to disrupt whole industries. In Europe, IN Venture and Presidio Ventures Europe are investing in start-ups actively to foster start-up ecosystem and create impactful values to society.
Group Companies
- IN Venture
- Presidio Ventures Europe
- SCSK Europe
