CLPS INCORPORATION ROLLS OUT IOT PROJECT ON INTELLIGENT MONITORING SYSTEM FOR VEHICLE IN JAPAN
CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), through its wholly-owned subsidiary, CLPS Technology (Japan) Co., Ltd. (“CLPS Japan”), has recently launched an Internet of Things (“IoT”) project, in cooperation with a domestic partner in Japan. The project scope includes the design of the schematics and the construction of IoT architecture of intelligent monitoring system for vehicle.
Big data and IoT have been widely used in China. As these technologies are maturing and evolving, a broad commercial potential in other countries like Japan deems a target market. CLPS has accumulated in-depth knowledge and familiarity in intelligent transportation system. Leveraging this advantage, it plans to use cross-terminal devices in collecting vehicle’s real-time data, including the position, operation, and driver’s routine, among others. As a result, the intelligent monitoring system will be able to monitor, manage, and standardize a logistics transport vehicle’s data. The successful implementation of the system set eyes to building out the commercial application ecosystem of big data and IoT into the Japanese market.
Established in October 2019, CLPS Japan is well-positioned as a key network for global service delivery. In cooperation with the delivery centers across China and with the Company’s competitive advantage as a reputable IT services provider, CLPS Japan is committed to providing high quality and industry standard IT services to domestic and international enterprises in Japan.
The IoT-based project also marks an important milestone for CLPS in the Japanese market. Despite pandemic, the Company perceives optimism for business development and opportunities in Japan going forward.