All you need to know on the wrong myth about the Japanese software companies.
Japanese tech companies are legendary — you were simply absorbed in the myths!
In a world where the software industry is becoming increasingly important, did you believe the internet when it claimed that Japan lacked knowledge in the world of software, even though Japan is a powerhouse of technological innovation and information technology worldwide?
Have you forgotten that Japan excels at discovering new technology and advancing old ones in startling new directions?
Japan helped lead the rest of the world into what is now known as the fourth industrial revolution — digitization — by embracing the advent of mobile communication and personal computer devices early.
You might argue that Japan is more known for hardware than software. That, too, is a myth.
The Japanese tech companies consider software to be a form of art, and they value what it has to offer to make life ultra-smart and hyper-connected.
The goal of Japan is to integrate all aspects of Japanese culture, work, and life with simple internet solutions that allow us to work smarter, not harder, and improve our overall quality of life. As a result, they prioritize agile development and the management of highly qualified engineering teams.
In this article, we’ll look at a few aspects of the Japanese software industry. There are a few misconceptions about the Japanese software industry, which we would like to debunk.
The current scenario of the Japanese software industry
Japan is one of the world’s leaders in the software sector.
Yes, you read that right!
Sources claim Japan to be in a poor position when compared to the United States, it’s likely to be a part-time job with additional responsibilities, the CIO won’t report to the CEO, IT is just not seen as a critical strategic component of the business, high-level software executives are hard to come by in Japan don’t know that Japan is more into supporting the software firms through outsourcing.
Japan is more of an investment centre than a value-creating sector when it comes to the software industry.
As people’s lives become more integrated with technology than ever before, the Japanese government encourages the top offshore destinations to impress them with innovative ideas that bring extra digital and IT expertise on how to make the world a better place using the best solutions suggested by Japanese information technology companies while staying current with global trends.
When you analyze the Chief Information Officer (CIO) function in Japan, it’s painfully evident that software still doesn’t get the attention it needs. Is it true that Japan has only achieved mastery in hardware not in software development?
Let’s have a look at them while debunking some myths.
Myth 1: Japan is not for software development.
Do you recognize the names Mario, Resident Evil, or Final Fantasy? There is a vast list of such blockbuster hit games owned by Japanese software companies.
Don’t say that a game isn’t software; it’s like stating that rock and roll isn’t music!
In addition, gaming consoles have a considerable market in this area. It is unnecessary to say that there are countless outstanding Japanese software in the market.
Myth 2: There are no tech giants in Japan
None of these behemoths — Google, Facebook, Yahoo, Apple, and Amazon — were created or are controlled by Japan.
So, Japan is certainly falling behind in this area, right!?
But, wait, is this an issue unique to Japan, or is it a problem shared by all countries except the United States?
Did you know an influential arena for tech brands looking to expand their empire with Japan while being cost-effective with cutting edge technologies that have been an inspiration for several companies including Google to break new ground in information technology?
Myth 3: Japan does not have employ software engineers working for it.
Did you really buy it?
Let’s have a look at the stats: According to the findings of a poll done by Human Resocia in the year 2020 concerning the number of IT engineers throughout the world, the United States came in first, followed by China, Bangladesh, and Japan. Japan is ranked among the top five countries in the world.
Additionally, while considering such statistics, you must also consider the magnitude of Japan’s population. The United States has three times the population of Japan, while Bangladesh and China each have ten times the population of Japan!
Myth 4: Japanese software industry is small
This is perhaps one of the most widely circulated falsehoods regarding the Japanese software business, although there is no such statistic that explicitly refers to the Japanese software sector.
The Japanese IT sector accounts for 3.3% of the global IT market, although the Japanese population accounts for just 1.6% of the global population.
As a result, despite being an established industry, the Japanese IT sector offers significant development potential.
Myth 5: It might be hard for Japanese software companies to excel.
When it comes to investigating applications for artificial intelligence, virtual reality, and face recognition, Japanese information technology companies are ahead of the curve. According to a ranking issued by HackerRank, Japan is the best country in the world at HackerRank’s artificial intelligence (AI) tasks, coming in sixth place.
Japan has become a key client base for outsourcing providers.
In contrast to Western markets, Japanese corporations have traditionally prioritized quality before cost arbitrage. The distinctiveness of Japanese culture makes it much more difficult for businesses to enter the outsourcing market. All of this indicates that Japan’s in-house development teams were tremendously powerful.
But, this has changed since the early 2000s, partly due to a decrease in the labor force and the entry of Chinese firms. The ongoing war of words between Japan and China, on the other hand, scored numerous goals for others, particularly for Bangladeshi outsourcing firms.
Since the number of available opportunities is increasing, let’s take the example of BJIT.
BJIT, a joint venture between Japanese and Bangladeshi organizations, has triumphed in solving critical social and environmental challenges utilizing robotics, automation, and artificial intelligence, among other technologies, since the early 2000s.
The competitive market offers a room for growth.
The organization has clients from all over the world, including the United States, Singapore, Finland, the Netherlands, Sweden, and, of course, Bangladesh and Japan. BJIT delivers top-notch IT solutions and services globally with Customer Focus and Kaizen — Japanese practice of continuous quality improvement. They employ approximately 750 experts in AI and Deep Learning, Fintech and Blockchain, Mobile Apps, and the Internet of Things. SAP and Salesforce assistance, as well as DevOps, Enterprise & Cloud, AMS, and Testing & Automation, are all available. Google, Sony Corporation, Panasonic Corporation, NTT Group, Valmet Oy, Qualcomm, and others have all worked with BJIT.
According to reports, Japan plans to hire 50,000 software engineers, but no official figures are available. However, the rate at which Japanese corporations like BJIT are recruiting top university graduates and experienced employees suggests that more local and global talent will soon continue to define innovation like no other.
The industry remains very competitive, and a new entrant’s best bet is to form a cooperation with a local vendor, such as BJIT — one of the top Japanese Technology companies, to build a foothold rapidly. While established industries such as automotive and manufacturing continue to offer development prospects, emergent areas, particularly retail, agriculture, and medical, represent a significant opportunity driven by newly passed government legislation and tax obligations. Adopting AI-based analytics has become a prerequisite for the top Japanese software companies.
Ending Note
Japan conjures me thoughts of deep-rooted cultural traditions of painstaking hard work and devotion. These qualities, which are part of Japanese culture, have had a direct impact on high-quality goods, great service, and technical advancements.
So, what’s the outcome of Japanese tech companies?
A long-term global competitive advantage around the world turns into an appealing investment for many Japanese software businesses.
Being affiliated with a world-class Japanese software firm with a 20-year track record of success, we believe, will provide a significant competitive advantage in the future.
It’s reasonable to assume that Japan’s software and internet development organizations pay close attention to the tiniest aspects in applications, algorithms, and interfaces, resulting in functionality and design that is both excellent and innovative.
