Welcome to our dedicated page for Hitachi news (Ticker: HTHIY), a resource for investors and traders seeking the latest updates and insights on Hitachi stock.
The news feed for Hitachi, Ltd. (HTHIY) highlights how the company presents its role in technology, data, and social infrastructure through recent announcements and subsidiary updates. Hitachi describes itself as driving a Social Innovation Business that combines IT, OT and products to address environmental, wellbeing and economic challenges, and this theme appears across many of its news items.
Recent coverage includes multiple releases from Hitachi Vantara, the wholly owned subsidiary of Hitachi, Ltd. that focuses on data storage, infrastructure systems and hybrid cloud management. These stories describe developments around the Virtual Storage Platform One (VSP One), including its use in critical infrastructure such as wastewater treatment operations, and its availability as software-defined storage in public cloud marketplaces like Google Cloud Marketplace and Microsoft Azure Marketplace. The news explains how these offerings are intended to support hybrid cloud operations, data protection and cost control.
Other news items feature Pentaho, an independent business unit of Hitachi, Ltd. that provides a data intelligence and integration platform. These updates describe enhancements to Pentaho Data Catalog and recognition in industry guides, with a focus on data governance, quality, observability and AI readiness. Additional stories cover Hitachi Vantara’s EverFlex AI Data Hub as a Service, which is presented as a managed data lakehouse service for AI and analytics workloads.
Hitachi’s broader AI and data strategy also appears in news about its agreement to acquire synvert through its subsidiary GlobalLogic. That announcement explains how Hitachi aims to accelerate deployment of its HMAX solution suite for Agentic and Physical AI. Investors and observers can use this news page to follow how Hitachi, Ltd. and its subsidiaries describe their ongoing activities in data infrastructure, AI services, and digital transformation initiatives.
Hitachi Vantara has acquired Io-Tahoe, an innovator in data management, aiming to enhance its Lumada DataOps Suite. This acquisition aligns with Hitachi's strategy to lead in digital transformation across critical sectors such as energy and healthcare. Io-Tahoe's AI-driven software improves data quality, lineage, and compliance for Fortune 1000 companies. Integration of Io-Tahoe's capabilities into Lumada will enhance data solutions for clients, promising faster and more meaningful business outcomes. The deal reflects Hitachi's commitment to empowering businesses through advanced data solutions.
The American Heart Association has partnered with Hitachi Vantara to enhance the accessibility of its Precision Medicine Platform, a cloud-based solution designed for efficient data management and analysis. This platform allows healthcare organizations to conduct supercomputing data analysis, even on standard laptops. With funding supporting over 90 experts, the platform utilizes machine learning and AI, significantly reducing data processing times. This collaboration aims to revolutionize healthcare data sharing and research collaboration, ultimately improving patient outcomes.
Hitachi Vantara announced significant enhancements to its Lumada software platform aimed at improving manufacturing and industrial operations. These advancements focus on real-time insights, fostering operational efficiency, and minimizing revenue disruptions. The updated portfolio allows for automation and faster decision-making, with new features integrated into Lumada Manufacturing Insights and partnerships such as with Microsoft Azure Marketplace. The enhancements are positioned to address the complexities of digital transformation in various industries.
Hitachi America and Hitachi Vantara announced the Hitachi Social Innovation Forum 2021 AMERICAS will be held virtually from May 25-27, 2021. This free event will highlight data-driven strategies addressing industrial, societal, and environmental challenges. Key speakers include leaders from various sectors, including Toshiaki Higashihara, CEO of Hitachi, Ltd., and Gajen Kandiah, CEO of Hitachi Vantara. The forum will feature masterclasses, keynote presentations, and discussions across three tracks: Business, Society, and Technology, emphasizing the importance of digital solutions in modern challenges.
Covanta Environmental Solutions and High-Performance Medical Solutions (HPMS) are collaborating to achieve a zero-waste to landfill initiative, which aligns with Hitachi Ltd.'s commitment to carbon neutrality by 2030. The program leverages the four R's of waste management: Reduce, Reuse, Recycle, and Recover. By implementing these practices, HPMS aims to prevent 25,000 pounds of waste from reaching landfills annually. Covanta's processes contribute significantly to reducing greenhouse gas emissions, suggesting a positive environmental impact. This partnership reflects Hitachi's dedication to social and environmental innovation.
Hitachi will acquire GlobalLogic, a leading digital engineering services firm, to enhance its Lumada portfolio and accelerate digital transformation globally. The deal, valued at $8.5 billion, is expected to close by the end of July 2021. GlobalLogic, with over 20,000 professionals and a solid client base, will drive synergies across Hitachi's sectors including IT, energy, and healthcare. This acquisition aims to capitalize on the growing digital engineering market projected to reach $1.1 trillion by 2025, with Hitachi positioning itself as a leader in social infrastructure innovation.
SOPHiA GENETICS and Hitachi have announced a long-term partnership aimed at enhancing data-driven precision medicine. This collaboration focuses on the commercialization of the SOPHiA DDM™ Platform and Hitachi's digital healthcare solutions, targeting improved healthcare decisions and drug development. The companies plan to leverage their expertise in genomics and AI, starting with projects in oncology. The partnership aims to broaden commercial reach and improve patient health outcomes globally.
Hitachi Vantara has enhanced its hyperconverged infrastructure (HCI) portfolio with new updates to the Hitachi Unified Compute Platform (UCP) HC and RS. Key features include a faster provisioning tool, certified support for SAP HANA, and Intel Cascade Lake processors that boost performance. Enhanced lifecycle management enables non-disruptive upgrades, while unified cloud management allows seamless data mobility across environments. Customers benefit from lower total cost of ownership and improved productivity. Hitachi's HCI solutions reported a 100% year-over-year growth.