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Hitachi, Ltd. recently announced that it is planning to strengthen the development and establishment of IoT platforms as part of efforts to expand the digital solutions business. The Services & Platforms Business Unit (BU), whose global headquarter is newly established in Santa Clara in California, US, will invest a total of 100 billion yen (about US$905 million) in this initiative over the three year period from FY2016 to FY2018. In this way, Hitachi will contribute to growth and the resolution of issues for customers through IoT platforms that combine OT and IT.
Hitachi has been promoting the Social Innovation Business, using OT and IT to provide advanced infrastructure systems. In order to further strengthen the digital solutions business that supports growth, it has initiated a new market-driven business structure comprising three layers: 12 Front BUs that provide services close to the customers, the Services & Platforms BU, and the Industrial Products BU, which supports services with highly competitive components.
The Services & Platforms BU offers powerful backup for the creation of innovations in the front lines, by providing the Front BUs with IoT platforms.
The IoT platforms being developed and established by the Services & Platforms BU are composed of a series of software that form the core of digital solutions, created through the fusion of IT (e.g., analytics, AI and security) and OT obtained through experiences in railway control, plant control, etc. According to the company, by combining its strengths and expertise with the expertise of partners and customers, these platforms will enable customers facing diverse issues to formulate solutions quickly and flexibly, and with a minimum of customization.
Once it establishes a global HQ for the Services & Platforms BU in Santa Clara, Keiji Kojima, who holds concurrent positions as Senior Vice President and Executive Officer, and CEO of the Services & Platforms BU, will lead the global team being formed at bases in North America, Europe, Japan, and other regions. For more detail, Jack Domme, who holds concurrent positions as Vice President and Executive Officer, and Chief Executives for the Americas, will make a presentation about Hitachi's IoT business strategy at IoT World being held at Santa Clara, California on May 10th.
Hitachi has been promoting the Social Innovation Business, using OT and IT to provide advanced infrastructure systems. In order to further strengthen the digital solutions business that supports growth, it has initiated a new market-driven business structure comprising three layers: 12 Front BUs that provide services close to the customers, the Services & Platforms BU, and the Industrial Products BU, which supports services with highly competitive components.
The Services & Platforms BU offers powerful backup for the creation of innovations in the front lines, by providing the Front BUs with IoT platforms.
The IoT platforms being developed and established by the Services & Platforms BU are composed of a series of software that form the core of digital solutions, created through the fusion of IT (e.g., analytics, AI and security) and OT obtained through experiences in railway control, plant control, etc. According to the company, by combining its strengths and expertise with the expertise of partners and customers, these platforms will enable customers facing diverse issues to formulate solutions quickly and flexibly, and with a minimum of customization.
Once it establishes a global HQ for the Services & Platforms BU in Santa Clara, Keiji Kojima, who holds concurrent positions as Senior Vice President and Executive Officer, and CEO of the Services & Platforms BU, will lead the global team being formed at bases in North America, Europe, Japan, and other regions. For more detail, Jack Domme, who holds concurrent positions as Vice President and Executive Officer, and Chief Executives for the Americas, will make a presentation about Hitachi's IoT business strategy at IoT World being held at Santa Clara, California on May 10th.