Hitachi, through its subsidiary Hitachi Data Systems (HDS), has acquired Pentaho. The firm has also merged the operations of HDS, Hitachi Insight Group, and Pentaho into a single integrated business unit called Hitachi Vantara to capitalise on what it terms its “social innovation capability in both operational technologies (OT) and information technologies (IT)”.
Hitachi Vantara is also aimed at leveraging the broad portfolio of innovation, development and experience from across Hitachi Group companies to deliver data-driven solutions for commercial and industrial enterprises.
Hitachi has been providing OT for industries such as finance, government, manufacturing, power/energy and transportation for over 100 years, providing solutions that have positively impacted cities, industrial operations and businesses at large. The company has also been, for over 50 years, offering IT applications, analytics, content, cloud, and infrastructure solutions to market that have transformed the way enterprises do business.
“Hitachi Vantara marks a monumental change for Hitachi as we continue to advance our unified corporate vision of Social Innovation,” said Toshiaki Higashihara, the Hitachi CEO and President. “Hitachi has been helping customers harness the power of their data to support meaningful business action for years. Now as the world is being transformed by digital tools and processes, we are unifying our strongest digital solutions companies together as a new Hitachi company that delivers exponential business impact for our customers and the betterment of society. 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.”
Hitachi Vantara therefore aims to help customers extract all the value they can from their data. By bringing new data-driven solutions and services to market, the firm hopes to 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.
Hitachi Vantara will continue to provide superior infrastructure and analytics technologies that enterprises rely on for their mission-critical data in their data centres, 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 US $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, analyse, and visualise data – and then take action based on uncovered insights.
Hitachi Vantara will continue to develop trusted data management and analytics technologies, including Hitachi’s 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 Centre software and services, Lumada, Hitachi’s IoT platform, now available as a standalone, commercial software offering, and Hitachi co-creation services. 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 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 a number of industries including financial services and insurance, government, industrials/manufacturing, telecom, and transportation.
“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 Ryuichi Otsuki, the Hitachi Vantara CEO. “Hitachi Vantara capitalises 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.”