Aqtor Reality Co., Ltd. (Headquarters: Miyakojima Ward, Osaka City, Osaka Prefecture, Japan; President and CEO: Shigeru Masui) and Carota Corp., (Headquarters: Taipei City, Taiwan; CEO: Paul Wu) are pleased to announce the formal signing of a strategic partnership agreement for the Japanese market on April 1, 2024. This collaboration aims to integrate the resources and technical strengths of both companies to deliver innovative, efficient, and high-value-added solutions to Japanese customers, supporting the nation's digital transformation (DX) journey.

Background and Vision of the Partnership

With the rapid acceleration of global digital transformation, especially in the automotive and related industries, remote diagnostics and over-the-air (OTA) software update technologies have become key market demands. To address these challenges, Aqtor Reality and Carota will work together to promote technological innovation and market expansion.

As a leading provider of OTA and diagnostic solutions for mobile vehicles, Carota will leverage its robust partnerships in Taiwan to enhance problem-solving capabilities. By combining these strengths with Aqtor Reality's extensive local expertise in Japan, the partnership will unlock new business opportunities.

Key Focus Areas of Collaboration

1. Enhancing Customer Support in Japan:
   Aqtor Reality will utilize its deep expertise and local presence in Japan to provide rapid, localized Carota technology services, ensuring diverse customer needs are met efficiently.
2. Technology Integration and Competitive Advantage:
   Carota’s focus on OTA remote update and diagnostic technologies for automotive and mobile platforms will be integrated with Aqtor Reality’s comprehensive technical solutions to strengthen their competitive edge.
3. Meeting the Diverse Needs of Large Japanese Enterprises:
   Aqtor Reality has established a responsive system to address the complex requirements of large Japanese corporations, particularly in IoT and IT solutions, providing precise technical support.
4. Driving Innovation and Market Expansion:
   The partnership will combine global resources and technological advantages to develop innovative solutions aimed at attracting new customers and increasing market share. Carota’s international network will inject fresh energy into both domestic and international markets.

Future Outlook and Goals

Through this strategic partnership, Aqtor Reality and Carota aim to achieve a synergy where “1 + 1 > 2,” delivering higher-value services to customers. This collaboration will not only advance their presence in the Japanese market but also leverage Carota’s global resources to propel both companies to new heights in the international market.

We believe this strong alliance will provide existing and potential customers with groundbreaking solutions, continually creating value and shaping the future of digital transformation.

【About Aqtor Reality Co., Ltd.】

Aqtor Reality Co., Ltd. is a Japan-based company headquartered in Miyakojima Ward, Osaka City, Osaka Prefecture. The company specializes in providing innovative and customized solutions, particularly in the fields of IoT and IT. With a strong local presence and extensive expertise in the Japanese market, Aqtor Reality has built a reputation for delivering efficient and high-quality services tailored to the needs of its clients.

Key Strengths:

• Deep experience in the Japanese market, offering localized solutions with a customer-centric approach.
• Strong capability to address complex and diverse needs, especially for large Japanese enterprises.
• Expertise in IoT, IT, and digital transformation (DX), helping clients navigate and adapt to rapidly evolving technologies.

Aqtor Reality aims to drive innovation and enhance the quality of life through technology, fostering sustainable growth and digital transformation for its clients and partners.

https://www.aqtor.co.jp/

【About Carota】

stablished in 2017 and headquartered in Taiwan, Carota is a global leader with patented, one-stop OTA (Over-The-Air) upgrade technology. Focused on the transformative impact of "software-defined vehicles," Carota collaborates with top chip manufacturers, module makers, cloud server providers, and leading telecom operators across Japan, Korea, Southeast Asia, and Europe.

Carota provides secure and reliable services to automotive brands, fleet operators, and IoT device manufacturers worldwide. Offerings include multi-ECU OTA updates, software subscriptions, remote diagnostics, OTA test equipment, smart fleet image management, and intelligent cockpits.

Operating across connected vehicles and IoT cloud services, Carota serves both OEMs and aftermarket sectors, covering passenger cars, commercial trucks, low-speed autonomous vehicles, and motorcycles. From supplier management during pre-production to production-line updates and post-sale remote diagnostics and fleet management, Carota uniquely offers comprehensive cloud-based services throughout a vehicle’s lifecycle.

Carota supports over 320 million smart devices, millions of vehicles, and tens of millions of automotive electronic control units (ECUs) globally.

https://www.carota.ai/│https://fleet.carota.ai/