Tokyo, Santa Clara, Calif. and Dallas, Sept. 18, 2019: From January 2020 ‘Hitachi Vantara’ will have a new identity. Hitachi, Ltd. announced its intent to integrate Hitachi Vantara Corporation and Hitachi Consulting Corporation to lead Hitachi’s global expansion of Lumada-based solutions and digital capabilities for its customers and partners.
The company said in a press statement that in planned to make aggressive investments to drive growth as part of its ‘2021 Mid-term Management Plan’.
With this integration, Hitachi said it will strengthen front line and delivery capabilities to increase alignment and unlock the synergies between Hitachi Vantara and its vertical business units.
Hitachi Vantara will drive the Lumada business and create new value for customers and partners by accelerating digital innovation solutions across Hitachi and expanding its global delivery and co-creation capabilities. All of which essentially means this is an Internet of Things (IoT) focused re-organization.
Vantara will continue to develop and deliver innovative data infrastructure, governance and Cloud-based products, digital solutions and professional and managed services that help organizations leverage the full value of their data. The digital solutions will be designed to help customers harness the power of digitalization to achieve meaningful business outcomes and drive competitive advantage.
The statement also said Toshiaki Tokunaga, Chairman of the board of Hitachi Global Digital Holdings, the holding company that oversees Vantara and Hitachi Consulting, will lead Hitachi Vantara in the dual role of chief executive officer and Chairman of the board. Tokunaga brings nearly 30 years of experience in successfully transforming Hitachi businesses. Brian Householder, the current Chief Executive Officer of Vantara, and Hicham Abdessamad, the president and CEO of Hitachi Consulting, will remain in executive leadership positions.
Image Credit: Hitachi