Terracemile
Company Profile
as of March 31, 2023
- Company name
- Terrace Mile Inc.
- Headquarters
- 1-5-30 Tachibanadori Nishi, Miyazaki City, Miyazaki Prefecture.
- Board members
-
- Representative Director
- Yuichi Ikoma
- Established
- April 15, 2019
- Corporate Site
- https://terracemile.jp/
Business Overview
Terrace Mile provides data analytics services specifically for the agriculture sector. Terrace Mile uses the cloud-based analytics platform RightARM to analyze various types of data from multiple perspectives and applies trend forecasting algorithms.
Our service for prefecture-level initiatives that was released last year has been chosen to undergo pilot program validation in more than 20 prefectures, in line with the current trend toward digital transformation. This fiscal year, after receiving series A financing, we are working on co-creating data on the food supply chain in collaboration with enterprises for a data linking project.
Our Strengths
The platform market is highly attractive to large corporations, and a continued flow of new entrants to the market is thus expected. We are expecting the market to already be extremely tough for startups that wish to participate. We expect companies in agriculture, agricultural machinery manufacturing, food and beverage, retail, and IT to enter the industry and to invest heavily in awareness-raising efforts, citing the trend toward digital transformation.
In such a context, we will work with manufacturers in the planning stage to attain a firm grasp of product flows and prepare for any competition that may emerge.