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Toshiba’s New Chief Digital Officer and Organization Will Promote Fundamental Digital Transformation

Press Release   •   Mar 22, 2018 09:10 GMT

TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it will appoint a Chief Digital Officer (CDO) to spearhead a company-wide strategy of growth through digital transformation. The CDO will head a newly established division, the Digital Transformation Strategy Acceleration Division, that will start operation on April 1, 2018.

The Digital Transformation Strategy Acceleration Division will develop strategies for Toshiba Group’s digital transformation; act as an incubator for digitization of the Group and its individual businesses; and design an IoT platform for Group management. It will promote a fundamental transformation of Toshiba into a group of companies able to maximize customer value through co-creation.

In practical terms, Toshiba will channel resources into reinforcing SPINEX™, its IoT architecture, and promote businesses that provide customers with swift, efficient solutions through digitization and cutting-edge capabilities, in areas including artificial intelligence, digital simulation and security. These advances will leverage Toshiba Group’s deep know-how in managing and optimizing customers’ systems, gained through long accumulated business expertise and world-class manufacturing technologies.

The new division will also create an ecosystem to encourage the emergence and expansion of new digital businesses, by promoting open innovation at the global level and in business alliances, and through co-creation to generate value with customers in industrial sectors, including social infrastructure and energy.

In parallel with the work of the new division, Toshiba Digital Solutions Corporation (TDSL), a Toshiba subsidiary, will develop and operate solutions that utilize IoT and AI, and Toshiba Digital & Consulting Corporation, which will be established as a subsidiary of TDSL on April 2, 2018, will work to create value with clients in the fields of social infrastructure, energy and mobility.

By implementing these organizational innovations, Toshiba will transform its business model to pursue issue resolution and creation of positive outcomes for customer companies facing challenges in various business sectors.

About Toshiba

For over 140 years, Toshiba Corporation has contributed to a sustainable future by applying innovative technologies to value creation. Today, our business domains are centered on the essential infrastructure that supports modern life and society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations that contribute to realization of a world where generations to come can live better lives.

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