Hitachi has launched Hitachi Vantara to target the rapidly growing IoT (Internet of Things) business — by giving data driven insights to enterprise CIOs.
Hitachi Vantara is a new business from Hitachi, combining the operations of Hitachi Data Systems, Hitachi Insight Group and Pentaho into a single business – focusing on the existing capabilities in operational technologies (OT) and information technologies (IT).
Hitachi Vantara aims to offer data-driven solutions to CIO of commercial and industrial enterprises and improve the efficiency and cost effectiveness of operations during the digital era.
Hitachi says there is no clear leader in the IoT space at present. HPE, Cisco, IBM, Dell EMC, Lenovo, Oracle, Microsoft, among others, are trying to establish their presence in the IoT market.
“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,” Hitachi president and CEO Toshiaki Higashihara.
Hitachi Vantara will provide 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.
According to Gartner, more than $440 billion will be spent on IoT in 2020. There will be more than 21 billion connected sensors and endpoints by 2020, and digital twins will exist for potentially billions of things.
Hitachi Vantara will harness business, human and machine data across OT and IT environments to build comprehensive, data-driven solutions. Enterprise CIOs will be able to manage, store, govern, blend, analyze, and visualize data—and then take action based on uncovered insights.
The company will focus on serving Fortune 1000 companies with data management, infrastructure, content and analytics products and industrial IoT solutions for 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 Hitachi Vantara CEO Ryuichi Otsuki.