HDS Also Named to “40 Best Companies for Leaders” under CEO Jack Domme
Bangalore - January 24, 2012 — Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi, Ltd. (NYSE: HIT/ TSE: 6501), today announced that it has been named one of FORTUNE Magazine’s “100 Best Companies to Work For” in 2012. The company premiered on this year’s prestigious annual list at No. 86.
Nancy Long, senior vice president and chief human resources officer, Hitachi Data Systems, attributes this honor and company success to every HDS employee: “We’re honored and proud that FORTUNE included Hitachi Data Systems as a 2012 best company to work for, as it reflects the ongoing commitment to our employees who are the foundation of our business and the reason why we are a market leader. HDS strives to be the best place to work – and win – for our employees, and earning a ranking as a top company demonstrates that we are on the right path. We will do our best to continue to earn the confidence of our employees as well as that of the communities that make our success possible.”
HDS also received honors from Chief Executive Magazine as part of its annual “40 Best Companies for Leaders” list for 2012. The company ranked No. 16 under the leadership and innovation of CEO Jack Domme, moving up from the No. 36 position it achieved in the 2011 ranking.
These recognitions add to the growing list of recent accolades received by Hitachi Data Systems. The company was recognized as one of the 2011 World’s Most Ethical Companies by the Ethisphere Institute, and was named to the top 10 best places to work in the San Francisco Bay Area for the past three consecutive years, as well as a best place to work in France and Poland in 2011.
About FORTUNE’s 100 Best Companies to Work For
To pick the 100 Best Companies to Work For, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Two hundred eighty companies participated in this year’s survey. More than 246,000 employees at those companies responded to a survey created by the institute, a global research and consulting firm operating in 45 countries around the world. Two-thirds of a company’s score is based on the results of the institute’s Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about management’s credibility, job satisfaction, and camaraderie. The remainder of the score is based on responses to the institute’s Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, methods of internal communication, training, recognition programs, and diversity efforts. The list and related stories will appear in the February 6, 2012 print edition of FORTUNE Magazine, and are available now at http://www.fortune.com/bestcompanies.
About Chief Executive Magazine’s 40 Best Companies for Leaders
The ranking is a benchmark for leadership development and talent management. It is based on a study of approximately 1,000 firms globally, conducted in partnership with the management consultant firm Chally Group Worldwide. Criteria against which companies are evaluated includes the quality of leadership development processes, depth of leadership pipeline as measured by the percentage of senior management positions filled by internal candidates, and level of involvement in leadership development by the CEO. The list will appear in the January/February, 2012 print edition of Chief Executive Magazine, and is available now at http://chiefexecutive.net/40-best-companies-for-leaders-list.
About Hitachi Data Systems
Hitachi Data Systems provides best-in-class information technologies, services and solutions that deliver compelling customer ROI, unmatched return on assets (ROA) and demonstrable business impact. With a vision that IT must be virtualized, automated, cloud-ready and sustainable, Hitachi Data Systems offers solutions that improve IT costs and agility. With more than 5,300 employees worldwide, Hitachi Data Systems does business in more than 100 countries and regions. Hitachi Data Systems products, services and solutions are trusted by the world’s leading enterprises, including more than 70 percent of the Fortune 100 and more than 80 percent of the Fortune Global 100. Hitachi Data Systems believes that data drives our world – and information is the new currency. To learn more, visit: http://www.hds.com/in/.
About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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