enterprise

Hitachi Vantara is targeting emerging IoT market

Hitachi Vantara

Hitachi has 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 Vantara marks a monumental change for Hitachi as we continue to advance our unified corporate vision of Social Innovation,” said Hitachi, Ltd. President and CEO Toshiaki Higashihara. “The formation of Hitachi Vantara underscores Hitachi’s commitment to collaborative creation with customers and partners, and being a true innovation partner for the era of IoT.”

The Opportunity in Data
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. 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. 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.

Filling a Critical Gap in the Emerging IoT Market
Hitachi Vantara will continue to provide superior infrastructure and analytics technologies that 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.

According to Gartner, Inc., “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, and 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—and then take action based on uncovered insights.

Announced concurrently today and now in its 2.0 release, Lumada has been fully updated with enhanced artificial intelligence (AI), machine learning and advanced analytics capabilities. It also has an elegant, portable architecture that enables it to run both on-premises or in the cloud, and supports industrial IoT deployments both at the edge and in the core.

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