Hitachi Limited Stock Price, News & Analysis

Hitachi Vantara Federal has appointed Ryan Hinkle as the new Director of Federal Sales. Hinkle aims to enhance sales and market visibility in the federal sector, focusing on technology modernization initiatives for government agencies. With over a decade of relevant experience, he will be pivotal in identifying growth opportunities and fostering relationships within the public sector. Hinkle's previous roles at Dell and TEKsystems equip him for this challenge, as he seeks to propel agency missions forward through innovative data solutions.

Hitachi has restructured its IT sector into Hitachi Digital and GlobalLogic Japan as part of its efforts to boost the digital platform Lumada globally. Starting April 1, 2022, Hitachi Digital will serve as the global headquarters for digital business based in North America, while GlobalLogic Japan aims to enhance digital transformation for Japanese clients. This move is in response to the expected growth in the digital transformation market, projected to reach $2.8 trillion by 2025, reflecting a significant opportunity for both entities.

Hitachi Vantara announced new enhancements to its Lumada DataOps capabilities on March 16, 2022. The updates focus on automated, AI-driven operations to optimize data management for enterprises and industrial applications. Key features include a new Data Catalog and updates to Data Integration, enabling easier data access and preparation across multiple sources. The Lumada Industrial DataOps portfolio supports real-time insights by merging IT and OT data, facilitating predictive maintenance and operational optimization.

Hitachi Vantara has introduced Application Reliability Services, aimed at improving cloud application reliability by over 25% compared to traditional methods. This new service portfolio helps clients to migrate, modernize, and manage their cloud workloads, ensuring enhanced performance and reduced costs. The services will be delivered through Application Reliability Centers located in Dallas, Texas and Hyderabad, India. The initiative addresses key cloud management challenges, including operational complexity and downtime, by leveraging Site Reliability Engineering (SRE) principles.

Hitachi Vantara, a subsidiary of Hitachi Ltd, has unveiled new hybrid cloud products aimed at enhancing agility and scalability in cloud operations. Key offerings include the Virtual Storage Software Block, the VSP E1090 mid-range storage array, and the Hitachi Ops Center Clear Sight for AI-driven management. These solutions help organizations automate operations and extend data services from on-premises to hybrid cloud environments, addressing modern application demands with improved performance and data protection. All products are available globally.

Hitachi, Ltd. has been awarded an overall positive rating in the 2021 Gartner Vendor Rating report, reflecting the company's success in its IT business and social innovation through digital technologies. The report highlights Hitachi's significant acquisition of GlobalLogic, enhancing its Lumada digital portfolio. Hitachi also committed to achieving carbon neutrality by 2050, aiming to contribute to a Net Zero Society.

Hitachi America and REE Automotive have announced a strategic agreement aimed at accelerating the adoption of electric vehicles (EV) globally. This partnership focuses on enhancing EV manufacturing, establishing commercial charging infrastructure, and developing a comprehensive digital fleet management system. Key goals include co-creating scalable Data-as-a-Service (DaaS) and Analytics-as-a-Service (AaaS) platforms to support next-generation connected commercial EVs. The collaboration aims to provide sustainable solutions while contributing to carbon emission reduction efforts.

GlobalLogic, a Hitachi Group Company, has unveiled new technology accelerators that can reduce the time to market for custom Over-The-Top (OTT) applications by 30% to 50%. These accelerators facilitate development and testing across mainstream OTT platforms, enhancing reliability and monetization opportunities. Over the last decade, GlobalLogic has delivered over 200 complex applications, ensuring platforms meet consumer demand for high-quality viewing experiences. Notably, the OTT Channel Development Accelerator can launch a brand-ready app in just 2.5 months.

On November 9, 2021, Hitachi Vantara announced its expanded partnership with Rainforest Connection to enhance data-driven solutions aimed at protecting rainforests, particularly in Sumatra. At COP26, the companies discussed the significance of predictive analytics in combating illegal logging and preserving biodiversity. Utilizing AI and eco-acoustic data, they aim to empower local communities and save forests from illegal practices. This partnership underscores Hitachi's commitment to sustainability, as the global loss of tropical forests remains a critical concern.