Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 18 September 2019, 06:42 HKT/SGT
Share:
    

Source: Hitachi, Ltd.
Hitachi to Integrate Hitachi Vantara and Hitachi Consulting to Accelerate Global Expansion of Hitachi's Social Innovation Business and Digital Growth

TOKYO, Sept 18, 2019 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) has announced its intent to integrate Hitachi Vantara Corporation and Hitachi Consulting Corporation to lead Hitachi's global expansion of Lumada-based solutions and digital capabilities for its customers and partners. The combined organization will operate under the Hitachi Vantara brand, beginning in January 2020.

Hitachi plans to make aggressive investments to drive growth in its 2021 Mid-term Management Plan. With this integration, Hitachi will strengthen front line and delivery capabilities to increase alignment and unlock the synergies between Hitachi Vantara and its vertical business units. Hitachi Vantara will drive the Lumada business and create new value for customers and partners by accelerating digital innovation solutions across Hitachi and expanding its global delivery and co-creation capabilities.

Hitachi Vantara will continue to develop and deliver innovative data infrastructure, governance and cloud-based products, digital solutions and professional and managed services that help organizations leverage the full value of their data. The digital solutions will be designed to help customers harness the power of digitalization to achieve meaningful business outcomes and drive competitive advantage.

Toshiaki Tokunaga, chairman of the board of Hitachi Global Digital Holdings, the holding company that oversees Hitachi Vantara and Hitachi Consulting, will lead Hitachi Vantara in the dual role of chief executive officer and chairman of the board. Tokunaga brings nearly 30 years of experience in successfully transforming Hitachi businesses. Brian Householder, the current chief executive officer of Hitachi Vantara, and Hicham Abdessamad, the president and chief executive officer of Hitachi Consulting, will remain at Hitachi in executive leadership positions.

"I'm confident that Hitachi Vantara will deliver even greater value for our customers and partners by reinforcing its digital business and solution delivery capabilities," said Toshiaki Tokunaga. "The combined entity, in collaboration with Hitachi's Global Social Innovation Business, will map to Hitachi's 2021 Mid-term Management Plan, which outlines the expansion of its digital business, global market share growth, and the delivery of social, environmental and economic value for customers and partners."

"Hitachi Vantara was created to develop exceptional technologies to help our customers maximize the value of their data, from the data center to the cloud and out to the edge," said Brian Householder, chief executive officer of Hitachi Vantara. "This is a great next step to bring two complementary organizations even closer together to help our customers and partners tap more broadly into the power of Hitachi to drive meaningful business outcomes."

Hicham Abdessamad, president and chief executive officer of Hitachi Consulting, said, "As a consulting-led digital solutions company aligned to Hitachi's social innovation strategy, we have been focused on delivering tangible business outcomes to our customers by leveraging Hitachi's vast information technology and operational technology capabilities. This integration uniquely positions us to accelerate time to value for our customers and provide digital solutions at scale."

Additional information about the company, including leadership and organizational structure, will be announced in early 2020.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company's consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer's social, environmental and economic value. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

About Hitachi Vantara Corporation

Hitachi Vantara Corporation, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society - what we call a double bottom line. Only Hitachi Vantara combines over 100 years of experience in operational technology (OT) and more than 60 years in IT to unlock the power of data from your business, your people and your machines. We help enterprises store, enrich, activate and monetize their data to improve their customers' experiences, develop new revenue streams and lower their business costs. Over 80% of the Fortune 100 trust Hitachi Vantara for data solutions. Visit us at www.hitachivantara.com.

About Hitachi Consulting Corporation

Hitachi Consulting is the digital solutions and professional services organization within Hitachi Ltd., a global technology and social innovation leader. Hitachi Consulting is a catalyst for positive business change, propelling organizations to drive disruptive innovation and to accelerate digital transformation. We help organizations leverage data as a strategic asset to innovate faster, develop new revenue streams, and respond to global dynamics with insight and agility. We collaborate with clients to create solutions that help maximize operational efficiency and deliver measurable, sustainable business results. Visit us at www.hitachiconsulting.com.

Hitachi Ltd
Corporate Communications
Tel: +81-3-3258-1111


Sept 18, 2019 06:42 HKT/SGT
Topic: Press release summary
Sectors: Electronics, Enterprise IT
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Hitachi, Ltd. Links

http://www.hitachi.com

https://www.facebook.com/hitachi.global/

https://twitter.com/hitachiglobal?lang=en

https://www.youtube.com/user/HitachiBrandChannel

https://ph.linkedin.com/company/hitachi

Hitachi, Ltd.
Nov 7, 2019 06:25 HKT/SGT
Hitachi and Centre Leon Berard Cancer Center in Lyon to Launch a Research Collaboration in the Fight Against Cancer with AI
Oct 30, 2019 08:18 HKT/SGT
Proton Therapy Opens at Sibley Memorial Hospital, a Member of Johns Hopkins Medicine, US Top-Ranked Healthcare Institution
Oct 24, 2019 17:18 HKT/SGT
Hitachi Automotive Electric Motor Systems exhibits Electrified vehicle motors at Tokyo Motor Show 2019
Oct 24, 2019 16:06 HKT/SGT
New 605km UAE Freight Line to Use Hitachi Signalling Technology in AED 1.6 Billon Deal
Oct 23, 2019 16:42 HKT/SGT
Hitachi and New South Wales State Government Agreed to Establish "Kyoso Centre (Collaborative Creation Centre)" to Accelerate the Creation of Social Innovation
Oct 21, 2019 17:10 HKT/SGT
Hitachi: Company Split of the Analysis Contract Service Business and the Transfer of Stock of the New Company
Oct 18, 2019 14:33 HKT/SGT
Hitachi Automotive Systems Starts Mass Production of High Voltage and High Output EV Inverter, the First in the World
Oct 18, 2019 08:03 HKT/SGT
Hitachi Launches Dashboard for Building Owners and Managers to Check the Operation and Maintenance Status of Building Facilities, Including Elevators
Oct 16, 2019 15:02 HKT/SGT
Hitachi and Frasers Property Sign S$100 Million MOU to Drive Digital Transformation in the Real Estate Industry in Asia Pacific
Oct 10, 2019 18:53 HKT/SGT
Hitachi Expands Its Elevators & Escalators Business in Laos
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: