BT and Hitachi Partner to Develop Industrial and Enterprise IOT Solutions
(Thomson Reuters ONE) -
Initial Focus on Asset Intelligence and Predictive Maintenance Use Cases
LAS VEGAS and LONDON, Sept. 20, 2017 (GLOBE NEWSWIRE) -- 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.
About BT
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. For more information,
visit www.btplc.com
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.
Connect with Hitachi Vantara
* Twitter
* LinkedIn
* Facebook
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.
Company Contacts
Hitachi Vantara
Hope Nicora
+1-831-227-3660
Hope.Nicora(at)hitachivantara.com
BT
Enquiries about this news release should be made to the BT Group Newsroom on its
24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All
news releases can be accessed on our web site.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hitachi Vantara via GlobeNewswire
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