Hitachi, Ltd. just launched Hitachi Vantara, a new business entity to leverage the broad portfolio of innovation, development and experience from across Hitachi Group companies to deliver data-driven solutions for commercial and industrial enterprises. This new company will unify the operations of Hitachi Data Systems, Hitachi Insight Group and Pentaho into a single integrated business as Hitachi Vantara to capitalize on Hitachi’s social innovation capability in both operational technologies (OT) and information technologies (IT).
Hitachi has been a leader in OT for industries such as finance, government, manufacturing, power/energy and transportation for over 100 years by now, providing solutions that have positively impacted cities, industrial operations and businesses at large. The company has also been a leader in IT for over 50 years, bringing IT applications, analytics, content, cloud, and infrastructure solutions to market that have transformed the way enterprises do business. By combining Hitachi’s broad expertise in OT with its proven IT product innovations and solutions, Hitachi Vantara gives customers a powerful, collaborative partner in data – unavailable in any one company until today.
The opportunity in data
The market opportunity for mission-critical data solutions has never been greater. Data has become a businesses’ greatest asset if they can extract actionable insights from it. Clearly, data holds the key to new revenue streams, better customer experiences, improved market insights and lower costs of doing business. However, a comprehensive offering has yet to emerge that combines both OT and IT expertise to uncover its true potential—until now. Hitachi Vantara is uniquely able to help customers extract all the value their data has to offer. By bringing new data-driven solutions and services to market, Hitachi Vantara will help its customers achieve tangible outcomes that positively drive business and society forward.
Filling a critical gap in the emerging IoT market
According to Gartner, “more than $440 billion will be spent on IoT in 2020” and the firm estimates that by 2020 “there will be more than 21 billion connected sensors and endpoints. Hence, it is expected that digital twins will exist for potentially billions of things] in the same timeframe. To address this market, Hitachi Vantara will harness business, human and machine data across OT and IT environments to build comprehensive, data-driven solutions. Customers will be able to manage, store, govern, blend, analyze, and visualize data, to act based on uncovered insights. Thanks to Hitachi Vantara superior infrastructure and analytics technologies is if enterprises rely on for their mission-critical data in their data centers, in the cloud and at the edge of new innovations. The new company is targeting the emerging IoT market opportunity, in which there is no clear winner yet.
Am amplitude of solutions
Hitachi Vantara will continue to develop the trusted data management and analytics technologies Hitachi is known for, including Hitachi’s popular data infrastructure, storage and compute solutions, and Pentaho software. It will also be driving the development of strategic software and services solutions, including Hitachi Smart Data Center software and services, Lumada, Hitachi’s IoT platform, now available as a standalone, commercial software offering, and Hitachi co-creation services. Lumada has been in fact just fully updated with enhanced artificial intelligence (AI), machine learning and advanced analytics capabilities, and runs both on-premises or in the cloud, hence, supporting industrial IoT deployments both at the edge and in the core.
“No other company brings together more than a century of operational technology expertise with informational technology trusted in the world’s most demanding enterprise environments,” said Hitachi Vantara CEO, Ryuichi Otsuki. “Hitachi Vantara capitalizes on this unique combination by creating solutions that meet the needs of an increasingly connected world. Like our customers with whom we partner and co-create, Hitachi Vantara sees data as an opportunity—a path to outcomes that matter.”
The company will focus on serving global Fortune 1000 companies with best-in-class data management, infrastructure, content and analytics products and industrial IoT solutions for several industries including financial services and insurance, government, industrials/manufacturing, telecom, and transportation.