STOCK TITAN

Hitachi Receives Overall Positive Rating in 2021 Gartner® Vendor Rating Report

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Hitachi, Ltd. has been awarded an overall positive rating in the 2021 Gartner Vendor Rating report, reflecting the company's success in its IT business and social innovation through digital technologies. The report highlights Hitachi's significant acquisition of GlobalLogic, enhancing its Lumada digital portfolio. Hitachi also committed to achieving carbon neutrality by 2050, aiming to contribute to a Net Zero Society.

Positive
  • Received an overall positive rating in the 2021 Gartner Vendor Rating report.
  • Significantly strengthened global engineering capabilities through the acquisition of GlobalLogic.
  • Committed to achieving carbon neutrality throughout its value chain by 2050.
Negative
  • None.

TOKYO and SANTA CLARA, Calif., Jan. 13, 2022 /PRNewswire/ -- Hitachi, Ltd. (TSE: 6501, "Hitachi") has received an overall positive rating in the 2021 Gartner Vendor Rating report. Hitachi believes this rating is recognition of the success of its IT business in promoting social innovation through digital technologies and the significant 2021 acquisition of GlobalLogic, a leader in design-led digital engineering.

Hitachi, Ltd. has received an overall positive rating in the 2021 Gartner Vendor Rating report.

Through more than 110 years of OT expertise and 60 years of its deep IT expertise, Hitachi is focused on accelerating the digital transformation of social infrastructure from energy to mobility and transportation to finance and healthcare. In 2021, Hitachi significantly strengthened the global engineering and execution capabilities for its Lumada digital portfolio by acquiring the design and engineering prowess of GlobalLogic. The Lumada portfolio is a digital platform that combines proven Hitachi technologies with advanced analytics and data management capabilities.

Last October, Hitachi became a principal partner for the 26th UN Climate Change Conference of the Parties (COP26) and committed to leveraging its expertise to become a climate change innovator. Hitachi also elevated its climate target to contribute to a Net Zero Society by achieving carbon neutrality through its entire value chain by 2050.     

Hitachi's IT business spans infrastructure, multicloud, data management, XaaS and IT-OT convergence to deliver outcome-focused solutions and services for industries.

Resources:

2021 Gartner, Vendor Rating, Peter Havart-Simkin Gary Spivak Tatsuya Ichishi Craig Lowery Jeff Vogel Ehtisham Zaidi, 22 December 2021
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 & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and MAGIC QUADRANT are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hitachi-receives-overall-positive-rating-in-2021-gartner-vendor-rating-report-301460186.html

SOURCE Hitachi Ltd.

FAQ

What rating did Hitachi receive in the 2021 Gartner Vendor Rating report?

Hitachi received an overall positive rating in the 2021 Gartner Vendor Rating report.

How did the acquisition of GlobalLogic impact Hitachi's capabilities?

The acquisition of GlobalLogic significantly strengthened Hitachi's global engineering and execution capabilities for its Lumada digital portfolio.

What is Hitachi's commitment towards climate change?

Hitachi is committed to achieving carbon neutrality throughout its entire value chain by 2050.

HITACHI LTD ADR

OTC:HTHIY

HTHIY Rankings

HTHIY Latest News

HTHIY Stock Data

122.91B
0.06%
0.04%
Conglomerates
Industrials
Link
United States of America
Tokyo