HULFT: No.1 Domestic Market Share for 21 Consecutive Years
~ Fuji Chimera Research Institute's "New Software Business Market 2024 Edition" ~
Saison Technology Co. (Headquarters: Minato-ku, Tokyo; President and CEO: Makoto Hayama; hereinafter referred to as "Saison Technology") is pleased to announce that its ,managed file transfer middleware 'HULFT' has been ranked No.1 in the domestic market share for the file transfer tool category for the 21st consecutive year in the "New Software Business Market 2024 Edition" published by Fuji Chimera Research Institute, Inc. (Hereinafter referred to as "Fuji Chimera Research Institute") in July 2024. Additionally, in the same report, Saison Technology's SaaS/PaaS category (including iPaaS: 'HULFT Square') ranked third in the domestic market share with 11.1% in the "2023 Data Integration Tools (EAI/ESB/ETL/iPaaS)" sector.
Market Trends in FY2023 and FY2024 as per Fuji Chimera Research Institute's Report
According to Fuji Chimera Research Institute, the domestic package market size for file transfer tools in FY2023 was ¥8.75 billion, of which Saison Technology recorded an 80% market share, achieving the top market share for the 21st consecutive year. This result indicates that Saison Technology's file transfer tools continue to garner overwhelming support in the industry. As a domestic vendor, the company has seen expansion in the installation of its products in social infrastructure, real estate, and healthcare sectors, resulting in strong sales growth. 'HULFT' is highly regarded for consistently maintaining a high share as the de facto standard in Japan.
Future of File/Data Integration
Saison Technology anticipates that the importance of file integration will receive even more attention beyond 2024, as companies increasingly utilize generative AI. This includes the construction of RAG*1 (Retrieval-Augmented Generation), which collects on-premises data to feed into generative AI.
*1 RAG (Retrieval-Augmented Generation): A technology also known as retrieval-augmented generation, which improves the search accuracy of generative AI models by combining them with newly sourced external information.
Copyright
"HULFT" is a registered trademark or trademark of Saison Technology.
All other company names, product names, and service names mentioned are registered trademarks or trademarks of their respective companies.