At Hitachi, we are working to address some of the biggest challenges of our time — from urbanization and climate change to resources shortages and health and wellness. Through social innovation and the application of Hitachi’s 110+ year legacy with control and operational technologies (OT), coupled with our 60+ year heritage as a leader in information technologies (IT), we are creating new value for clients and responding to these big social issues for our world.
This combination of OT and IT capabilities that allows us to provide solutions for social innovation is perhaps best exemplified in our Lumada solutions for digital innovation, including our industry-leading industrial IoT (IIoT) platform. Hitachi was named a Leader in the 2020 Gartner Magic Quadrant for IIoT Platforms, receiving the highest placement in the 2020 Leaders quadrant for ability to execute.
Today, I’m pleased to announce a significant addition to the Lumada software and solutions family that further strengthens our leadership position in the IIoT space and will help us accelerate the journey of social innovation for our clients and the world. In partnership with Hitachi ABB Power Grids, the global leader in intelligent technology for a sustainable energy future, we are integrating the Hitachi ABB Power Grids’ Digital Enterprise (DE) flagship solutions with Hitachi’s Lumada portfolio.
Lumada will now include the Digital Enterprise foundational components branded as Lumada Asset Performance Management (APM), Lumada Enterprise Asset Management (EAM) and Lumada Field Service Management (FSM), adding to the growing portfolio of Industrial IoT solutions within the Lumada family.
This suite of products and its predecessors are purpose-built solutions for asset-intensive industries and are shaped by decades of deep domain expertise in industrial work and asset management. They are used by more than 1,000 clients, ranging from nuclear power generators and multinational energy distributors to national rail bureaus and global mining organizations. Every day, these solutions help our clients to operate, analyze and optimize over $4 trillion of assets. Like the Lumada IIoT platform, these solutions hold leadership positions in their respective markets as assessed by ARC Advisory Group and Navigant Research1,2,3.
The components of the expanded Lumada portfolio share core functional features: a modern microservices design, vendor-agnostic interoperability, and a flexible deployment model, including cloud, on-premises and hybrid options. Our broad and expanded set of software services help clients meet new and evolving requirements in a modular way, without requiring rip and replace of existing investments. By combining these offerings with our Lumada data and edge services, including data integration, data cataloging, edge intelligence, data management, analytics and machine learning capabilities, we provide a highly flexible, intelligent and composable software foundation to accelerate IoT solution creation.
Joining this broad Lumada software portfolio with Hitachi Vantara’s data, advisory and innovation services and Hitachi ABB Power Grids’ deep domain experience has culminated in four primary cross-industry offerings:
- Digital Transformation and Data Modernization, enabling business transformation through better access to and insights from data.
- Intelligent Operations Management, further improving management and maintenance of assets and associated work.
- Connected Asset Performance, helping to predict and prevent asset failures and assure asset availability and performance.
- Health, Safety and Environment, enabling safer environments for workers and the public.
Ultimately, these offerings will help our clients and the world to be more efficient and effective in how we manage energy and transportation infrastructure, natural resources and manufacturing production facilities, and other critical assets and infrastructure.
This is how we address challenges around urbanization, climate change and resource shortages. And it’s why I’m proud to be a part of Hitachi and the work we are doing to support social innovation.
1 #1 EAM in T&D: ARC Advisory Group: “Enterprise Asset Management Global Market Research (2017-2022)”
2 #1 FSM in T&D: ARC Advisory Group “Field Service Management Global Market Research (2017-2022)”
3 #1 APM in Utilities: Navigant Research “Navigant Research Leaderboard Report: Asset Performance Management” Q3 2016