September 19th, 2017 by Adam Armstrong
Hitachi Launches New Digital Company Hitachi Vantara
Today at Hitachi NEXT in Las Vegas, Hitachi, Ltd. launched a new digital company aimed at solving the toughest issues currently facing businesses, Hitachi Vantara. According to the parent company, Hitachi Vantara is 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. Vantara will unify the operations of Hitachi Data Systems, Hitachi Insight Group, and Pentaho capitalizing on Hitachi’s social innovation capability in both operational technologies (OT) and information technologies (IT).
Hitachi is no stranger to OT. The company has been around for over 100 years with its hand in everything from finance, government, manufacturing, power/energy to transportation. While Hitachi hasn’t been involved in IT as long as OT, it has been in the game for over 50 years bringing IT applications, analytics, content, cloud, and infrastructure solutions to market. Hitachi is taking its unique experience in both fields and combining them into its new company Vantara, bringing customers a powerful, collaborative partner in data.
Data has become the number one asset in most businesses, on the contingency that companies can actually extract actionable insight from this data. Assuming one can extract insights from this data, they can see new revenue streams, better customer experiences, and the ability to lower costs. Ventara’s unique OT and IT expertise can help customers extract all the value that data can provide. Hitachi believes that not only will these insights drive positive business outcomes, but move society forward as a whole.
One area where data will be generated at an enormous pace with enormous potential is the Internet of Things (IoT). According to Gartner, by 2020 over $440 billion will be spent on IoT with over 21 billion connected sensors. Vantara will be focused on the IoT market and the opportunities therein. The new company will be harnessing business, human, and machine data across OT and IT environments to build comprehensive, data-driven solutions. This in turn will help customers manage, store, govern, blend, analyze, and visualize data and then gain actionable insights from it.