Nomura Research Institute Business Model Canvas

Nomura Research Institute (NRI) strategically partners with industry-specific solution providers to deliver highly customized IT solutions. These collaborations are crucial for tailoring offerings to the unique demands of sectors like healthcare and manufacturing.

An example of this strategy is NRI’s business alliance with Eisai, a pharmaceutical company. This partnership specifically targets the enhancement of brain health initiatives, showcasing how NRI leverages specialized expertise to address complex industry challenges.

These partnerships enable NRI to:

• Gain deep domain knowledge: Access specialized insights into industry-specific operational needs and regulatory landscapes.
• Co-create innovative solutions: Jointly develop IT solutions that are precisely aligned with the business objectives of partner industries.
• Expand market reach: Leverage the established presence and customer base of industry-specific providers to introduce tailored services.
• Enhance service value: Offer integrated solutions that combine NRI's IT capabilities with the partner's industry-specific products or services, as seen in the Eisai collaboration for brain health.

Collaborations with government agencies and public sector entities are crucial for Nomura Research Institute (NRI) to engage in large-scale public projects and conduct policy-related research. These partnerships allow NRI to leverage its expertise in consulting and IT solutions to support government initiatives.

NRI's work with these bodies often focuses on advancing public infrastructure and driving digital transformation within government operations. For instance, in 2024, NRI continued its role in supporting the digital governance frameworks for various national and local government bodies, aiming to improve efficiency and citizen services.

• Public Sector IT Spending: Global IT spending in the public sector was projected to reach over $600 billion in 2024, highlighting the significant market for NRI's services.
• Digital Transformation Initiatives: Many governments are prioritizing digital transformation, with initiatives like smart city development and e-governance adoption creating opportunities for consulting and technology partners.
• Policy Research and Consulting: NRI's engagement in policy research helps shape public understanding and governmental strategies on critical issues, often involving complex data analysis and forecasting.

Nomura Research Institute (NRI) leverages its extensive global network and deeply entrenched client relationships as a cornerstone of its business model. These long-standing, trust-based connections span critical sectors including finance, retail, manufacturing, and government, providing a stable foundation for ongoing engagements.

These relationships are not just about repeat business; they are fertile ground for co-creation, where NRI collaborates with clients to develop innovative solutions tailored to evolving market needs. This collaborative approach fosters deeper integration and mutual growth.

• Global Reach: NRI maintains a presence in key economic hubs worldwide, enabling it to serve a diverse international clientele and tap into global market intelligence.
• Client Trust: Decades of delivering high-quality research and consulting have cultivated significant trust, leading to high client retention rates and a strong reputation.
• Sector Diversification: Relationships across finance, retail, manufacturing, and government provide resilience and broad market insight, reducing reliance on any single industry.
• Co-creation Opportunities: The established trust facilitates joint development of new services and solutions, driving innovation and creating unique value propositions.

Nomura Research Institute's (NRI) technological infrastructure, featuring secure data centers and advanced computing, is the backbone of its IT solutions and managed services. This robust foundation is crucial for reliably hosting client systems and delivering cutting-edge cloud-based solutions, ensuring operational continuity and data integrity for their diverse clientele.

This infrastructure is not just about housing data; it’s about enabling sophisticated analytics and secure digital transformations. In 2024, NRI continued to invest in upgrading its data center capabilities, focusing on enhanced cybersecurity measures and increased processing power to meet the escalating demands of digital services and AI-driven insights.

• Secure Data Centers: NRI operates state-of-the-art data centers designed with multiple layers of physical and digital security to protect sensitive client information.
• Advanced Computing: The infrastructure supports high-performance computing, enabling complex data analysis, simulation, and the deployment of AI and machine learning models.
• Cloud Solutions: NRI leverages its infrastructure to offer a range of cloud-based services, providing scalability, flexibility, and cost-efficiency for its clients' IT needs.
• Operational Resilience: Investments in redundancy and disaster recovery capabilities ensure high availability and business continuity for critical client operations.

Nomura Research Institute (NRI) extends its customer relationships beyond initial project delivery through robust post-implementation support and managed services. This commitment ensures the sustained success and evolution of the solutions it provides, fostering long-term partnerships.

These services are critical for maintaining operational efficiency and maximizing the value derived from implemented systems. For example, in 2023, NRI reported that its IT Services segment, which includes managed services, saw significant growth, contributing substantially to its overall revenue. This highlights the increasing reliance of clients on continuous support for their complex IT infrastructures.

• Ongoing IT Management: NRI offers comprehensive IT management services, overseeing the day-to-day operations of client systems to ensure optimal performance and reliability.
• System Maintenance and Updates: Proactive maintenance and timely updates are provided to prevent issues, enhance security, and ensure systems remain current with technological advancements.
• Dedicated Support Services: Clients benefit from responsive support channels, addressing technical queries and resolving issues efficiently to minimize downtime.
• Continuous Improvement: NRI collaborates with clients to identify opportunities for system enhancement and optimization, driving ongoing value and adaptation to changing business needs.

Nomura Research Institute (NRI) actively cultivates client loyalty by positioning itself as a premier source of market intelligence. This is achieved through the consistent dissemination of its deep research and proprietary insights across various platforms.

NRI leverages publications, in-depth reports, and exclusive events to share its expertise. For instance, in 2023, NRI published over 100 research reports covering diverse sectors from technology to finance, reaching a broad audience of decision-makers.

This strategic approach not only solidifies NRI's reputation as a thought leader but also equips clients with the critical knowledge needed to effectively navigate intricate and ever-changing market landscapes. Their commitment to knowledge sharing directly translates into enhanced client understanding and strategic advantage.

• Thought Leadership: NRI establishes itself as a leading authority through its extensive research output.
• Knowledge Dissemination: Insights are shared via publications, reports, and industry events.
• Client Empowerment: Clients gain valuable knowledge to understand and adapt to market complexities.
• Market Navigation: This focus helps clients make informed decisions in dynamic environments.

Nomura Research Institute (NRI) provides crucial consulting and IT solutions to government and public agencies, aiding in policy development and public service enhancement. For instance, in 2024, NRI has been instrumental in digital transformation initiatives for various national and local governments, focusing on areas like smart city development and efficient citizen service platforms. These engagements often involve complex data analysis and the implementation of secure, scalable IT infrastructure to meet public sector demands.

NRI's work with public entities in 2024 has spanned critical areas such as:

• Developing national digital identity frameworks to streamline access to government services.
• Advising on infrastructure modernization projects, including smart grid technologies and public transportation systems.
• Implementing data analytics solutions for evidence-based policymaking and resource allocation.
• Enhancing cybersecurity measures for sensitive government data and critical infrastructure.

Nomura Research Institute (NRI) actively engages with the Healthcare and Life Sciences sector, offering specialized consulting and IT services. Their focus is on enhancing operational efficiency and driving digital advancements within medical institutions and pharmaceutical companies.

NRI's solutions are designed to help healthcare providers leverage data analytics for better patient outcomes and streamline administrative processes. This includes supporting the adoption of new technologies to improve the overall patient experience and operational effectiveness.

• Consulting Services: NRI provides strategic advice on digital transformation, operational optimization, and regulatory compliance within the healthcare industry.
• IT Solutions: Development and implementation of systems for electronic health records, data management, and patient engagement platforms.
• Data Analytics: Utilizing advanced analytics to improve diagnostics, personalize treatment plans, and optimize resource allocation.
• Digital Transformation Support: Assisting healthcare organizations in adopting AI, IoT, and cloud technologies to modernize operations and enhance service delivery.

In 2024, the global digital health market was valued at approximately $370 billion, with projections indicating continued strong growth, highlighting the demand for NRI's expertise in this area.

Nomura Research Institute (NRI) generates income by licensing its proprietary IT solutions and selling specialized software products. These offerings can range from recurring subscription fees for ongoing software access to one-time purchases of unique, developed applications.

For the fiscal year ending March 2024, NRI's IT Solutions segment, which heavily features software licensing and product sales, reported significant revenue contributions. This segment is crucial to NRI's overall financial performance, demonstrating the value clients place on their advanced technological capabilities.

• Proprietary Software Licensing: NRI charges clients for the right to use its developed software, often on a recurring basis, ensuring a predictable revenue stream.
• Specialized Product Sales: The company also realizes revenue from the direct sale of its unique software products, catering to specific industry needs.
• Revenue Diversification: This dual approach allows NRI to capture both ongoing usage-based income and upfront capital from its technological innovations.
• Market Relevance: The demand for NRI's software solutions reflects its ability to address complex business challenges and provide competitive advantages to its clientele.

Nomura Research Institute (NRI) generates significant revenue by offering access to its deep well of research, market analysis, and economic insights. This is primarily achieved through subscription-based models for its comprehensive reports, catering to a wide range of financial professionals and business strategists.

Beyond standard subscriptions, NRI also engages in providing customized research projects. These tailored solutions are designed to meet the specific needs of individual clients and public entities, offering bespoke analysis and strategic recommendations.

For instance, in fiscal year 2023, NRI’s Consulting segment, which encompasses much of its research and analytics services, reported net sales of ¥200.5 billion, demonstrating the substantial market demand for its expertise.

• Subscription Access: Recurring revenue from clients subscribing to ongoing research publications and market intelligence platforms.
• Customized Research Projects: Fee-based income for bespoke analytical work and strategic consulting tailored to client-specific challenges.
• Data and Insight Licensing: Potential revenue from licensing proprietary datasets or analytical frameworks to third parties.
• Public Sector Engagements: Revenue from research and advisory services provided to government agencies and public institutions.