Fujitsu has announced it will release a new set of software tools designed for the analaysis and processing of big data.

The IT giant announced on Monday that the server software will be developed with the aims of being able to handle large, varied file systems, quickly scanning huge amounts of data, and quickly storing and reading information from databases. Fujitsu will also be developing dedicated hardware for the software and will launch at the end of next March.

At a press conference Kazuo Iamad said: "We're just starting from scratch, but eventually we'd like to achieve ¥100 billion (US$1.23 billion) in annual sales in this business."