|By JCN Newswire||
|September 17, 2013 04:06 AM EDT||
Hitachi is accelerating global development of its Social Innovation Business by combining products, services, and highly sophisticated IT to create innovative solutions to address issues facing society and their customers. OSIsoft, makers of the PI System, provides a real-time data software infrastructure which realizes the collection and visualization of real-time data from plant control systems to entire data centers. With over 14,000 systems spanning more than 110 countries, OSIsoft delivers business value to enterprises across many industries, including manufacturing, energy and power, life science, datacenter, facility and industrial facilities.
In reaching this agreement to enter into discussions, the companies are focused on enhancing customer value with solutions that leverage OSIsoft's infrastructure and Hitachi's technologies, bringing higher value solutions to the marketplace.
Yutaka Saito, Senior Vice President and Executive Officer, President & CEO of Information & Telecommunication Systems Company of Hitachi remarks "OSIsoft's PI system is recognized as a global de facto standard in multi-vender data collection platform for industrial process equipment. Through successful collaboration with OSIsoft, we can surely provide significant benefit to new and existing customers in global market, by combining PI system with our IT, OT (Operation Technology), and intelligence obtained from big data and analytics technologies."
Dr. J. Patrick Kennedy, OSIsoft's CEO and Founder, stated: "We see the opportunity to bring Hitachi's systems together with our real-time data infrastructure in new and interesting ways, bringing value to our customers and the marketplace."
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 320,000 employees worldwide. Fiscal 2011 (ended March 31, 2012) consolidated revenues totaled 9,665 billion yen ($117.8 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com/.
Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111
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