AI Market Teams Up with Mellon for Advanced Time-series Analysis Solutions

AI Market Collaborates with Mellon

In a significant step to improve AI deployment and services, BizTech Inc., headquartered in Toshima, Tokyo, has recently partnered with Mellon Inc., a prominent AI development firm based in Bunkyo, Tokyo. This collaboration aims to provide optimal support in selecting AI companies and services through the AI Market concierge service. Mellon is renowned for its world-class time-series analysis technology and precise AI platforms, making it an extraordinary asset in the AI landscape.

About Mellon

Mellon is at the forefront of leveraging exceptional time-series analysis technology and extensive implementation experience to bolster enterprise AI utilization. The company is led by CEO Yuta Mituhashi and CTO Honda, both of whom possess deep knowledge and impressive track records in the AI industry. Notably, CTO Honda holds numerous research accomplishments, including seven international patents.

Mellon excels particularly in areas such as high-accuracy demand forecasting, dynamic pricing, and anomaly detection, all powered by their sophisticated time-series analysis capabilities.

For instance, in their dynamic pricing solutions for a major car rental company, Mellon utilized a unique time-series forecasting model that accurately predicted demand based on location, date, and historical performance. By considering price elasticity—the changes in demand with price adjustments—Mellon was able to automatically propose optimal prices that maximized revenues. This model showcased a remarkable improvement in accuracy by up to 43% compared to other forecasting models while achieving over 200 times faster processing speeds.

Furthermore, Mellon has established a strategic partnership with Data Application Inc., a leading player in the EDI sector. This collaboration is expected to apply Mellon’s powerful time-series AI technology to the field, solidifying its position as a leader in the industry.

Services Offered by Mellon

1. Time-Series Analysis AI

- High-precision demand forecasting
- Anomaly detection and dynamic pricing solutions

2. Generative AI

- Automated SEO article generation
- Document creation for recruitment
- New business proposal support

3. Advertising Optimization AI

- Prediction of advertising performance
- Rate optimization
- Direct Mail optimization

4. Manufacturing and Healthcare AI

- Prediction of equipment anomalies
- Sensor data analytics
- Sudden health condition detection

5. Pre-PoC Support

during development cycles utilizing the Mellon platform

6. Data Science and Generative AI Training

- AI implementation consulting offered

For more information about Mellon, visit Mellon’s official website or explore the AI Market service page to learn more about the collaboration:
AI Market Service Page

Purpose of the Partnership

AI Market has received numerous requests from companies seeking advanced forecasting and control technologies utilizing time-series data. Many of these companies aim to overcome the challenges of conducting proofs of concept (PoC). With the partnership with Mellon, AI Market can now introduce a development company equipped with top-tier time-series analysis technologies and an effective AI platform. This collaboration enhances the efficiency and speed of AI societal implementation.

Additionally, for Mellon, the partnership opens doors to new industry contacts and customer engagements through AI Market, expected to foster technological expansion and research advancement. Consequently, AI Market is poised to enhance its value by catering to highly specialized needs for AI company selection support.

About AI Market

AI Market serves as a concierge service dedicated to guiding businesses looking to introduce AI technologies. This service has successfully facilitated over 1,000 introductions between companies and suitable AI providers free of charge. Many companies express uncertainty regarding how to proceed with AI utilization or face challenges with ongoing AI development efforts. They are encouraged to reach out for assistance anytime.