Initial Focus on Asset Intelligence and Predictive Maintenance Use Cases
LAS VEGAS and LONDON (Sept. 20 2017) – BT, one of the world's leading providers of communications services and solutions, and Hitachi Vantara, a wholly owned subsidiary of Hitachi Ltd. (TSE: 6501), today announced a global partnership to co-create innovative solutions in the area of industrial and enterprise internet of things (IoT). The partnership aims to drive better business outcomes for global customers, including greater efficiency, productivity and cost savings. The companies will initially focus on exploring and designing asset intelligence and predictive maintenance solutions to deliver the desired outcomes for customers in industry sectors such as manufacturing and transportation.
Announced at Hitachi's inaugural user conference, Hitachi NEXT 2017, in Las Vegas today, the partnership unites BT's global network infrastructure, cloud capabilities and cyber security expertise with Hitachi's extensive operational and information technology (OT/IT) expertise, next-generation Lumada IoT platform software and integrated IoT services and solutions portfolio.
The companies' combined technology, infrastructure and expertise will help their mutual customers to take full advantage of connected intelligence and advanced data analytics to streamline processes and optimise business performance on a global scale.
Bas Burger, CEO Global Services, BT, said: "Our partnership with Hitachi will help BT to accelerate innovation and ease the path to digitalisation and IoT for our customers around the globe. Hitachi's OT, IT and IoT expertise, long-standing customer engagements and its Lumada IoT Platform will combine ideally with our global infrastructure, cloud services and cybersecurity expertise to create powerful IoT offerings that will help maximise the success of our global customers' digital transformation journeys."
"IoT represents a critical inflection point, in which the interests of business, industry and society are now intersecting and aligning like never before," said Ryuichi Otsuki, CEO at Hitachi Vantara and vice-president at Hitachi Ltd. "We see the creation of strategic partnerships with leaders and market makers like BT as a critical underpinning to Hitachi's IoT strategy as we move our company and business into the next phase of its evolution."
The first business solutions resulting from this collaboration are expected to be available in Q1 2018.
BT's purpose is to use the power of communications to make a better world. It is one of the world's leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. BT consists of six customer-facing lines of business: Consumer, EE, Business and Public Sector, Global Services, Wholesale and Ventures, and Openreach.
For the year ended 31 March 2017, BT Group's reported revenue was £24,062m with reported profit before taxation of £2,354m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
About Hitachi Vantara
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. We combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers' experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. We work with organizations everywhere to drive data to meaningful outcomes. Visit us at www.HitachiVantara.com.
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About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges. The company's consolidated revenues for fiscal 2016 (ended March 31, 2017) totaled 9,162.2 billion yen ($81.8 billion). The Hitachi Group is a global leader in Social Innovation and has approximately 304,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power / Energy, Industry / Distribution / Water, Urban Development, and Finance / Government & Public / Healthcare. For more information, please visit http://www.hitachi.com.
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