09/10/2019 | Press release | Distributed by Public on 09/10/2019 12:40
AI-Enabled Industrial Analytics Solutions Optimize Machine, Production and Quality Outcomes for Manufacturing 4.0
SANTA CLARA, Calif. - Sept. 10, 2019 -Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced Lumada Manufacturing Insights, a suite of industrial internet-of-things (IoT) solutions that empower the manufacturing industry to achieve transformative outcomes from data-driven insights. Using artificial intelligence (AI), machine learning (ML) and DataOps, Lumada Manufacturing Insights optimizes machine, production and quality outcomes to set the foundation of digital innovation that is essential to Manufacturing 4.0.
'Data and analytics have the power to modernize and transform manufacturing operations. But for too many manufacturers today, legacy infrastructure and disconnected software and processes slow innovation and impact competitive advantage,' said Brad Surak, chief product and strategy officer at Hitachi Vantara. 'With Lumada Manufacturing Insights, customers can lay a foundation for digital innovation that works with the systems and software they have already to operationalize immediate gains in uptime, efficiency and quality and transform for the future.'
Accelerate Manufacturing Transformations
Lumada Manufacturing Insights applies data science rigor to drive continuous improvement opportunities based on predictive and prescriptive analytics. The solution integrates with existing applications and delivers actionable insights without the need for a rip-and-replace change of costly manufacturing equipment or applications. Lumada Manufacturing Insights supports a variety of deployment options and can run on-premises or in the cloud.
'With Hitachi Vantara, our customers benefit from our deep operational technology expertise and distinctive approach to co-creating with them to accelerate their digital journey,' said Bobby Soni, chief solutions and services officer at Hitachi Vantara. 'With our proven methodologies and advanced tools, we can tailor solutions for our customers that enhance productivity, increase the speed of delivery, and ultimately deliver greater business outcomes.'
Providing machine, production and quality analytics, Lumada Manufacturing Insights drives transformational business outcomes by enabling customers to:
'The big challenge for manufacturers is how to effectively manage the cost, resources and market pressures of supporting use cases for the immediate now and the transformative future,' said Mike Guilfoyle, director of research at ARC Advisory Group. 'Doing so requires a portfolio approach to transformation and a digital innovation foundation that is platform agnostic, secure and edge-to-multicloud capable. This is central to Manufacturing 4.0, and helps manufacturers accelerate time to value as they grow their digital competency.'
Early Adopters See Initial Benefits
'Significant short-lead products have to be designed, prototyped and delivered to meet the demands of our customers and partners as we accelerate the product supply for 5G. Ericsson and Hitachi Vantara have collaborated to test Lumada Manufacturing Insights to gear up for an anticipated increase in new product introductions, establishing a digital innovation foundation for sustained gains,' said Shannon Lucas, head of customer unit emerging business for Ericsson North America. 'We are leveraging the same solution that we will take to our joint customers in partnership with Hitachi Vantara, and will further expand IIoT use cases based on our 5G technologies.'
'As a progressive manufacturer, our focus was to accelerate transformative change, eliminate data silos and build a foundation for digital innovation that would accelerate our journey toward Manufacturing 4.0. We leveraged the IIoT workshop to align our use cases with our business transformation priorities and have a roadmap for success with Lumada Manufacturing Insights,' said Vijay Kamineni, business transformation leader at Logan Aluminum. 'The collaboration with Hitachi Vantara enables us to define business goals for each stage of our transformation, with clear outcomes that we believe will accelerate gains in productivity, quality, safety and sustainable manufacturing. Hitachi Vantara brings a unique IT/OT advantage that will help us in the long run.'
'Humans and machines working together to deliver the vision of 'digital drilling' is driven by our ambition to achieve transformative outcomes, drilling our best wells every time and consistently achieving Target Zero for accidents. With Hitachi Vantara, we are realizing time to value with industrial analytics and the powerful Lumada platform to process more than 20,000 data streams per second per rig, providing actionable information to the right people at the right time and helping make optimal decisions. This drives our operational excellence and consequently our competitive advantage,' said Shuja Goraya, CTO at Precision Drilling Corporation. 'We're leveraging insights from video and lidar, integrating it with Lumada Manufacturing Insights to deliver business outcomes. It's driving process optimization through effectively identifying improvement opportunities and shortening well delivery times for our customers. It's all about effective use of data to make better decisions and then being able to consistently execute on these learnings. We are excited about our strategic partnership with Hitachi Vantara.'
Lumada Manufacturing Insights will be available worldwide Sept. 30, 2019. For additional information, please visit: https://www.hitachivantara.com/en-us/products/iot-operations-intelligence/lumada-manufacturing-insights.html.
ARC White Paper: Take Manufacturing To The Next Level With Industrial Analytics
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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 - what we call a double bottom line. Only Hitachi Vantara combines over 100 years of experience in operational technology (OT) and more than 60 years in IT to unlock the power of data from your business, your people and your machines. We help enterprises store, enrich, activate and monetize their data to improve their customers' experiences, develop new revenue streams and lower their business costs. Over 80% of the Fortune 100 trust Hitachi Vantara for data solutions. Visit us at www.hitachivantara.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company's consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer's social, environmental and economic value. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
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