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New business entity Hitachi Vantara announced

Bangalore, November 10,  2017:   Hitachi has announced Hitachi  Vantara, a new business entity 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).
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.
“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. “Hitachi has been helping customers harness the power of their data to support meaningful business action for years.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.”
Added Vivekanand Venugopal, Vice President & General Manager – India, Hitachi Vantara:  “Today customers in India understand that data is the currency of the future, making it the greatest assest of any organization. The launch of Hitachi Vantara is an important step to being the complete data solutions provider, enabling customers to digitally transform their business. Digital India, Smart Cities Initiative, Make in India will be the biggest enablers of Analytics, IoT and AI over the next couple of years. We are committed to lead the digital revolution in India with experience, expertise and an innovation edge,” said
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.
Hitachi Vantara’s Breadth of Solutions: From the Data Center to the Factory Floor 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.

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.
The new software stack is designed to help customers quickly and easily gain insights, predictions and recommendations from their data, and can be easily adapted to support mid-to- large-scale environments. Lumada’s integrated advanced analytics have also been enhanced with artificial intelligence (AI) functionality at scale. The result is a highly intelligent and flexible  platform that accelerates superior outcomes for enterprise and industrial customers, such as increased operational efficiencies and cost savings, enhanced operational safety and reliability, improved asset utilization, performance management and product quality, and the creation of new business models.




    


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