Hitachi has launched its Hitachi Insight Group division to drive its unified Internet of Things (IoT) business and go-to-market (GTM) strategy worldwide. Headquartered in Santa Clara, California, the newly created group unites its digital and IoT solutions and services businesses.
The formation of Hitachi Insight Group is part of Hitachi’s corporate strategy and initiative to move its business toward a market-in approach.
Led by Keiji Kojima, who also holds concurrent positions as senior vice-president and executive officer at Hitachi, the group will drive research and development and GTM strategies for Hitachi’s IoT-optimised solutions and services, in four key market segments: Smart City, Smart Energy, Smart Healthcare and Smart Industry.
Hitachi Insight Group’s leadership team includes Ichiro Iino, as chief executive for Asia-Pacific and Hitachi said it plans to establish regional operations for Hitachi Insight Group in Asia-Pacific later this year.
The company said that with $US5.4 billion in IoT solutions and services revenue generated in 2015 and 33 solutions in-market today, the newly formed Hitachi Insight Group will be the ‘tip of the spear’ in Hitachi’s quest to capture market share.
Hitachi’s IoT portfolio includes solutions and services for public safety and smart cities, renewable and sustainable energy, intelligent transportation, precision agriculture and manufacturing, water treatment and urban development, construction, and mining.
To enhance its existing portfolio and support the development of new solutions and services, the company has also created Lumada, its IoT core platform. Lumada’s open, adaptable software architecture aims to accelerate the development of IoT solutions, while providing support for customisation and co-creation with Hitachi’s customers and partners.
“Through the formation of Hitachi Insight Group and the Lumada IoT core platform we will provide Hitachi’s customers and partners with the fastest and simplest path to develop and deploy comprehensive digital solutions at scale,” Kojima said.
Hitachi has also established global centers for social innovation in multiple geographies staffed by cross-disciplinary researchers, data scientists and solution architects to work closely with customers on solution development.
These labs will work closely with Hitachi Insight Group to apply the Hitachi’s market-in strategy and solve real world challenges in areas such as energy and natural resources, transportation, telecommunications, and healthcare.
Hitachi Insight Group will also be collaborating with partners such as SAP, PTC, AT&T, Eurotech S.p.A., Intel, and Microsoft to co-develop digital and IoT-optimised solutions.