TOKYO — Hitachi is forming a new U.S. company tasked with managing businesses at the intersection of hardware and data in an effort to compete with General Electric and Siemens for a bigger piece of rising global infrastructure demand.
Vantara will be responsible for linking IT teams in Japan, China, India, Europe and elsewhere to develop new services and create proposals for clients in markets around the world from Silicon Valley. The reorganization allows Vantara to give orders across departments and group companies.
The company will use proprietary artificial intelligence technology and sensors to provide products and services for infrastructure as well as manufacturing and logistics. One such application could be analyzing the flow of people in a train station to devise ways for avoiding rush-hour congestion and keeping trains on time.
Hitachi invests about 100 billion yen ($897 million) a year in internet of things operations to acquire related ventures, AI specialists and other talent. Hitachi Data Systems and Pentaho alone increased hiring by 1,000 people last year. The new company will continue to expand the ranks by several hundred people annually going forward.
The Japanese group is targeting 1.05 trillion yen in sales related to the internet of things for fiscal 2018, a 20% rise from fiscal 2016.Discover More