Simplex Integrated Report 2024
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ProjectProjectProjectIn the system development business, we frequently hear the following complaints from clients: "Even if we hire a consulting firm, they do not commit to development." or "System developers we hired in the past lacked understanding of our business and did not offer any suggestions." Such complaints are wide of the mark for the Simplex Group. As DX support specialists, we have extensive knowledge and experience to ensure our clients' success and provide the best solutions for their projects.In a typical contract development project, IP rights to the system are handed over to the client, but our approach is totally different. Although we are a contracted developer, we are allowed to retain IP rights. Such a privilege is only given to a system developer like us that provides know-how and ideas at the consulting stage as a prime contractor, and then develops systems in-house. By retaining IP rights, we can develop reusable source codes as the Simplex Library to promote more efficient project management.FeatureWe reuse retained IP rights in a library, mainly for the development of highly versatile system functions in contract development projects. We have succeeded in acquiring IP rights in both the financial domain as well as the non-financial domain, promoting the accumulation and utilization of libraries across a variety of domains.AdvantagesClients benefit from reduced development and testing person-hours, shorter lead times, and improved quality. In addition, they can focus their resources on customization, which gives them a competitive advantage. For us, the Simplex Library helps us standardize our know-how and promote more efficient project management.FeatureBy making full use of the know-how and source codes accumulated over the years, we have planned and developed our own systems and provide them widely to multiple clients in a SaaS format. Currently, our systems are widely used in the financial retail category within the financial domain, where individual investors are the end users.AdvantagesClients can use de facto standard systems as a service to get up and running quickly and at a lower initial cost. We are also able to focus our resources on customization, which is linked to a competitive advantage for each of our clients.17Retaining IP rights through consulting inclusive of know-how provisionUtilizing the Simplex Library can:Reuse in contract developmentprojectsRetention of IP RightsReuse as subscription services$(+' 3$--4Acquisition of IP RightsReuse in contract development projectsReduce development and testing person-hoursShorten lead timesImprove qualityReuse as subscription services

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