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POLITICS

‘My Number’ system projected to boost IT demand

  • 2015-10-21 15:00:00
  • , Nikkei
  • Translation

(Nikkei: October 21, 2015 – p. 5)

 

 With the introduction of the My Number national identification system expected to boost demand for managing personal information, companies are adding to their IT-related investments. The market will reach a scale on the order of 3 trillion yen if the use of the My Number system is expanded in the future. It is projected to cost large corporations 50 million yen and smaller businesses up to several million yen to manage the new ID system.

 

 Companies will collect personal numbers of employees and their dependents for data collation once those numbers are distributed to individuals. It is necessary for them to build systems exclusively developed to handle the tasks of collection, use, storage and disposal.

 

 NEC, Fujitsu and other big-name electronics companies are holding seminars targeting smaller companies nationwide to win contracts for system development. Obic, a system service provider, will offer My Number-related functions free of charge to smaller firms using its system, hoping to lure them to invest in different information systems.

 

 Following the disclosure of information leakages involving the Japan Pension Service, companies are becoming increasingly interested in security-related measures. Besides Trend Micro and other Japanese players, U.S. firms such as Symantec and FireEye are also looking to tap into demand.

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