This joint venture will enable Coupa to scale to support the growing number of Japanese companies looking to gain greater efficiency and agility through business spend management. Coupa K.K. will be led by Takashi Ozeki, who joins as general manager from Japan Cloud. Takashi brings more than twenty years of experience in enterprise software in Japan, holding positions at Marketo, Salesforce, Dell, and NEC Corporation.
The market for cloud technology transformation in Japan is growing. A recent study from Boston Consulting Group indicates that Japan is one of the largest public cloud markets in APAC, and is expected to develop further, from US$8 billion in 2018 to US$18 billion in 2023.
“We are honored to already call some of Japan’s leading companies such as Hitachi Transport, Sumisho Global Logistics, and Mitsubishi Heavy Industries Group our customers, and we look forward to deepening our ties with the broader local business community in the months and years ahead,” said Rob Bernshteyn, chairman and CEO of Coupa. “Coupa K.K. reaffirms our commitment to Japan and our desire to continue scaling our business around the world. I look forward to partnering with Japan Cloud and Takashi Ozeki to deliver meaningful value to Japanese companies through business spend management.”