Japanese shipping company MOL announced that it has concluded a technology consulting agreement with Professor Tomoharu Nagao of the Yokohama National University Graduate School of Environment and Information Sciences, who is the creator of the next-generation AI advanced machine learning and the percolative learning method.
Advanced machine learning is said to be the next stage of artificial intelligence (AI) after deep learning which realizes autonomous solution of problems.
The percolative learning method is a model that “percolates” future information available only during learning into information, which can be used even during practical use. It is expected to allow much higher accuracy in forecasting future changes.
The MOL Group has worked with Professor Nagao since 2016 to forecast the dry bulk market by analyzing data related to economic issues and maritime affairs. The company will continue to promote the use and application of ICT-based trends in advanced digitalization by concluding this technology consulting agreement and holding regular advisory meetings and internal review meetings.
This is in line with MOL’s aim to become a “corporate group of competitive No.1 businesses,” under the “Vision for the MOL Group 10 years from now” set out in the “Rolling Plan 2018” management plan by enhancing its services through the use and application of ICT.