Hitachi’s digital business solutions ABB Power Grids join Hitachi’s Lumada digital solutions and services portfolio
Presentation of Lumada Asset Performance Management, Enterprise Asset Management and Field Service Management
Hitachi ABB Power Grids and Hitachi Vantara today announced the integration of Hitachi ABB Power Grids’ flagship Digital Enterprise (DE) solutions into the Lumada portfolio of advanced digital solutions and services to transform data into information.
The two Hitachi business units have agreed to rename the DE components as Lumada Asset Performance Management (APM), Lumada Enterprise Asset Management (EAM) and Lumada Field Service Management (FSM), adding to the growing portfolio of DataOps and Industrial solutions. IoT.
The DE solutions portfolio and its predecessors enable customers across multiple global industries to operate, analyze and optimize more than $ 4 trillion in assets every day. With the incorporation of the DE portfolio into Lumada, this experience is complemented by a leading technology engine to provide access to information, systems, people and analytics in asset-intensive organizations.
With the integration of Digital Enterprise into Lumada, Hitachi ABB Power Grids’ energy experience will be augmented by Hitachi’s Lumada Industrial IoT platform. Hitachi was recently named a Leader in Gartner’s 2020 Magic Quadrant for Industrial IoT Platforms based on Gartner Inc.’s assessment of the company and its Lumada IoT software.
âOur software solutions and Lumada are very complementary,â said Massimo Danieli, general manager of the network automation business unit, Hitachi ABB Power Grids. Massimo added, âThe combination of Lumada’s best IoT capabilities and domain expertise built into digital enterprise applications provides new and existing customers unmatched flexibility and a faster time to value, while preserving the value of their past software investments. The journey we started with our clients as part of the digital business evolution story has become broader and more compelling as we join the Lumada ecosystem.
âLumada Enterprise Asset Management and Field Service Management allow us to seamlessly extend our Ellipse EAM, allowing us to share information across all parts of our organization, remove silos and give us the ability to formulate longer-term holistic strategy that reflects our specific business results, âsaid Brian Green, Managing Director, Asset Management, Australian Rail Track Corporation (ARTC). Brian added, âAdditionally, implementing these solutions allows us to optimize the quality of the data we collect and ensure safe, compliant and efficient business operations.
âBringing these solutions that each encapsulate deep domain expertise into the large Lumada ecosystem provides customers with an extremely powerful combination of tools to modernize their businesses,â said Chris Scheefer, senior vice president, Industry Practice, Hitachi Vantara. âThe holistic view of assets and information provided by Lumada enables leaders to analyze and respond in real time, enabling effective and efficient operations and a basis for creating a more sustainable future. “
DE and Lumada also share fundamental features: a modern microservices design, vendor-independent interoperability, and a flexible deployment model, including cloud, on-premises and hybrid.
Through the combination of Hitachi’s ABB Power Grids Digital Enterprise application portfolio and Hitachi’s Lumada solutions offered by Hitachi Vantara, customers will be able to benefit from additional data services including data integration, data cataloging , advanced intelligence, data management, analytics and more.
The new Lumada integrated portfolio will deliver benefits to clients in the following key areas:
1. Digital transformation and data modernization – improve access to data and information from it
2. Performance of connected assets – help predict and prevent asset failures
3. Intelligent operations management – improve the monitoring and maintenance of assets
4. Health, safety and environment – enable safer environments for workers and the public
Hitachi ABB Power Grids is an established leader in enterprise software with solutions and a strong customer base that predate Digital Enterprise. The modernization path to the digital enterprise planned for traditional offerings, such as Ellipse EAM, Asset Suite, Service Suite, eSOMS and others, continues with Lumada. The investment and customer support for these products will remain intact throughout the process.
About Hitachi ABB Power Grids Ltd.
Hitachi ABB Power Grids is a global technology leader with a combined heritage of nearly 250 years, employing approximately 36,000 people in 90 countries. Based in Switzerland, the company serves utility, industry and infrastructure customers throughout the value chain and emerging areas such as sustainable mobility, smart cities, energy storage and data centers. With a proven track record, a global footprint and an unmatched installed base, Hitachi ABB Power Grids balances social, environmental and economic values. It is committed to powering the good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice to enable a stronger, smarter and greener grid. https://www.hitachiabb-powergrids.com
About Hitachi Vantara
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., guides our customers from the future to the future by solving their digital challenges. Alongside every customer, we apply our unmatched industrial and digital capabilities to their data and applications for the benefit of both business and society. Over 80% of Fortune 100 companies trust Hitachi Vantara to help them develop new revenue streams, unlock competitive advantages, lower costs, improve customer experience, and deliver social and environmental value . Visit us at www.hitachivantara.com.
(1) Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. . Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner makes no warranty, express or implied, with respect to this research, including any warranty of merchantability or fitness for a particular purpose.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, focuses on its social innovation business that combines information technology (IT), operational technology (OT) and products. The company’s consolidated revenue for fiscal 2019 (ended March 31, 2020) was 8,767.2 billion yen ($ 80.4 billion) and employed approximately 301,000 people worldwide. Hitachi is driving digital innovation in five sectors – mobility, smart life, industry, energy and IT – through Lumada, Hitachi’s advanced digital solutions, services and technologies to transform data into information to drive digital innovation. Its goal is to provide solutions that increase social, environmental and economic value for its customers. For more information about Hitachi, please visit the company’s website at https://www.hitachi.com.
HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks and company names are the property of their respective owners.