Hitachi Limited Stock Price, News & Analysis

Hitachi has completed the acquisition of MA micro automation GmbH, a leading provider of robotic and automation technology based in Germany. MA micro automation will operate under JR Automation Technologies, to expand its reach in the global advanced automation market, particularly in Europe, North America, and Southeast Asia. The acquisition, finalized on September 30, 2024, aims to grow JR Automation's presence in the medical segment and diversify offerings in medical and high-precision automation.

The deal is expected to expand sales opportunities for JR Automation in Europe and MA micro automation in the U.S., as well as strengthen their presence in the Asia Pacific market, particularly in Singapore. Hitachi aims to become a global leader in the robotic SI business, leveraging its strengths in IT, OT, and products through the Lumada customer co-creation framework to increase productivity and maximize customer value.

Hitachi Vantara, a subsidiary of Hitachi, (TSE: 6501), reported significant growth in its data storage business for Q1 FY2024. The company saw a 27% increase in quarter-over-quarter product revenue growth, surpassing the market CAGR of 11.31%. The U.S. market experienced a 54% Q/Q increase. According to IDC, Hitachi Vantara achieved a 9.2% growth in revenue in the external enterprise storage system market in 2023.

The success is attributed to the launch of Hitachi Virtual Storage Platform One, which has secured over 65 unique customer deals since its April launch. The platform offers simplified infrastructure for mission-critical applications, focusing on data availability, resiliency, and reliability. It also features Dynamic Carbon Reduction technology, potentially reducing CO2 footprint by 30-40%.

Hitachi Vantara's partner network reported 106% growth in annual operating profit and 38% year-over-year revenue growth. The company's storage solutions were top-rated by ENERGY STAR® for performance and energy efficiency.

Hitachi Vantara, a subsidiary of Hitachi, (TSE: 6501), has announced that its Virtual Storage Platform One Block storage appliance has secured the top three rankings for best storage solutions in the ENERGY STAR NVSS Disk Online 4 category. The platform received ENERGY STAR® certification and was recognized for its exceptional energy efficiency and performance.

Key highlights:

• Virtual Storage Platform One Block 28 model ranked highest with 538 IOPS per watt
• The platform features Dynamic Carbon Reduction technology, reducing energy consumption by up to 30-40%
• All Hitachi Vantara storage arrays have obtained CFP certification
• The company recently received a Gold Medal rating for Sustainability from EcoVadis

Hitachi Vantara and Broadcom have announced a new private and hybrid cloud solution that combines Hitachi's Unified Compute Platform (UCP) RS with VMware Cloud Foundation. This co-engineered solution aims to help organizations manage data proliferation and AI requirements while reducing costs and environmental impact. Key benefits include:

1. Faster time to value with enhanced performance and streamlined infrastructure
2. Flexible deployment supporting VMs, containers, and AI workloads
3. Simplified management with turnkey infrastructure and advanced automation
4. Sustainability features reducing CO2 emissions by up to 96% and data center footprint by up to 35%

The solution offers integrated software, infrastructure, and hardware lifecycle automation, unified management, and guaranteed 100% data availability with Hitachi's Virtual Storage Platform One.

Hitachi Vantara, a subsidiary of Hitachi, (TSE: 6501), has announced the general availability of Hitachi iQ, an AI-ready infrastructure portfolio, and a new AI Discovery Service. The Hitachi iQ offering includes NVIDIA DGX BasePOD certification, meeting high standards for reliability and performance. This launch comes as organizations prioritize GenAI implementation, with 97% viewing it as a top-five priority according to a recent survey.

The AI Discovery Service aims to help customers identify valuable AI use cases, assess data readiness, determine ROI, and create strategic roadmaps for AI implementation. Hitachi Vantara combines industry expertise with its solutions portfolio to provide customized, industry-specific tools. The company leverages its IT/OT domain expertise in industries such as rail, energy, and manufacturing to integrate IT infrastructure and business applications effectively.

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.