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United States : Hitachi Named a Visionary in the 2019 Gartner Magic Quadrant for Industrial IoT Platforms for the Second Year.

Hitachi, Ltd. (TSE:6501) and Hitachi Vantara announced that Hitachi has once again been positioned in the Visionaries quadrant of the 2019 Gartner Magic Quadrant for Industrial IoT Platforms1 based on Gartner Inc.'s evaluation of the company and its Lumada IoT software. Hitachi was positioned for its ability to execute and completeness of vision in the market evaluation, where no Leaders or Challengers have emerged yet for a second consecutive year.

"Industrial IoT is making significant impacts across an array of industries that rely on the effective use of data, including manufacturing, transportation, energy and utilities, and smart spaces," said Brad Surak, chief product and strategy officer at Hitachi Vantara. "To us, it's an honor to be recognized again among Visionaries in an emerging market that is evolving rapidly. With Lumada's widening range of capabilities, we're excited to continue our track record of innovation to help customers get the most value from their data."

Lumada provides a highly flexible, intelligent and composable software foundation to accelerate IoT solution creation for customers and powers Hitachi Vantara's emerging portfolio of industry applications, which include Lumada Maintenance Insights. Its portable architecture makes it ideal for use on-premises, in the cloud and in hybrid environments and supports industrial IoT deployments both at the edge and in the core. Ideal for enterprise-grade data management, Lumada combines the power of artificial intelligence, advanced analytics and intelligent Asset Avatars commonly known as digital twins to streamline and simplify management of connected business and industrial assets. This helps to increase asset utilization and accelerates the time to value of IIoT initiatives, driving faster time to actionable insights and high-value business outcomes for industrial and enterprise customers. Outcomes which include increased operational efficiencies and cost savings; enhanced operational safety and reliability; improved asset utilization, performance management and product quality; and the creation of new business models.

Customers looking to further accelerate the time to value of their IIoT initiatives with Lumada will also benefit from co-creation services engagements with Hitachi, which taps them into Hitachi's expansive industrial, operational technology (OT) and information technology (IT) expertise to create customized IoT solutions tailored to their unique requirements.

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Publication:Mena Report
Date:Jul 6, 2019
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