Hitachi, Ltd. - HTHIY STOCK NEWS

Hitachi Vantara, a subsidiary of Hitachi, (TSE: 6501), has appointed Joe Novak as the new Senior Vice President of Global Customer Success and Support. Novak, a 40-year storage and technology veteran, will focus on driving customer satisfaction, loyalty, and retention globally. He will work closely with cross-functional teams to align strategies with customer needs and business objectives.

Reporting directly to CEO Sheila Rohra, Novak brings extensive experience in leading customer success and support teams, with a proven track record in accelerating business growth, modernizing customer experience, and leading enterprise transformation. His appointment aligns with Hitachi Vantara's goal of becoming a leader in the hybrid cloud market, particularly in the era of GenAI.

Hitachi Vantara has partnered with RWTH Aachen University to launch a 56-petabyte digitization project aimed at consolidating the infrastructure of 42 state universities and colleges in North Rhine-Westphalia, Germany. The project, called Datensicherung.NRW, unifies backup and recovery services across around 7,000 systems. The initiative aims to enhance data protection, reduce costs, and improve cybersecurity and data resilience. This comprehensive digital infrastructure uses Hitachi Content Platform (HCP) for geo-redundant distributed object storage, making it a cornerstone of the state's cyber resiliency strategy. The project has already been recognized for setting new standards in data management and protection.

Hitachi Vantara, along with Enterprise Strategy Group, has released a report highlighting significant challenges in the adoption of Generative AI (GenAI) by enterprises. Despite 97% of organizations prioritizing GenAI, only 44% have comprehensive policies in place. The survey, conducted among 800 IT and business leaders in the U.S., Canada, and Western Europe, found that infrastructure and data management are major barriers, with only 37% confident in their current systems and 61% indicating a lack of user expertise. Moreover, concerns over data privacy and quality are prevalent, with 81% and 77% respectively citing them as issues. The report also notes a discrepancy between C-level executives' optimism and the broader workforce's preparedness. Hitachi Vantara is addressing these issues with its new Hitachi iQ solution suite and Center for Excellence for GenAI, aimed at building robust AI infrastructures.

Hitachi Vantara has launched a new block storage appliance under its Virtual Storage Platform One hybrid-cloud data platform. This new offering includes three dedicated models designed for mid-sized enterprises, promising enhancements in simplicity, security, and sustainability. Key features include self-installation, anti-ransomware protection, and Dynamic Carbon Reduction technology. The platform also optimizes rack space and reduces power consumption and cooling costs. The introduction aims to address the growing data volumes driven by AI and connected technologies while meeting sustainability goals. The platform ensures always-available data copies, intrinsic security, and ease of management through Ops Center Clear Sight. Additionally, it supports seamless scalability from a single appliance to a 65-node cluster, catering to evolving storage needs.

Hitachi Vantara and Veeam Software have formed a global strategic alliance to offer advanced data protection and cyber resiliency solutions. Announced on May 15, 2024, the partnership integrates Hitachi Vantara's infrastructure solutions with Veeam’s data protection software, focusing on mitigating ransomware attacks and minimizing downtime.

The collaboration aims to improve businesses' recovery point objectives and ensure data integrity across hybrid cloud environments. The new solutions will offer enhanced flexibility and cost-efficiency with features like ransomware detection and immutable storage.

This partnership leverages Veeam's market leadership in data protection, aligning with Hitachi Vantara's defense-in-depth strategy to provide comprehensive, easily deployable solutions. The combined offering is expected to meet stringent regulatory requirements and support operational resilience.

Hitachi acquires MA micro automation of Germany for EUR 71.5M to boost robotic system integration business in medical and other fields. The transaction is expected to close in the second half of 2024, merging MA micro automation with JR Automation to strengthen global presence. Hitachi aims to enhance 'Total Seamless Solution' strategy, linking operational activities for Industry 4.0. The acquisition aligns with Hitachi's goal to provide value through OT, IT, and robotic SI.

Hitachi Vantara has released its first Sustainability Report, highlighting its dedication to sustainability, innovation in digital infrastructure, and responsible business practices.

JR Automation, a subsidiary of Hitachi, , has appointed Swapna Soman as Global Chief Human Resources Officer and Doug LaCroix as Vice President, Strategic Initiatives. Soman brings two decades of HR experience from companies like Cummins and Allegion, while LaCroix has 20 years of business strategy and project management experience. The new leadership team aims to drive strategic growth and innovation.

Hitachi Vantara announces the availability of Virtual Storage Platform One, a hybrid cloud platform that integrates structured and unstructured data, aiming to redefine data management efficiency and flexibility for enterprises facing challenges in managing data in today's technological landscape.