Hitachi announces IoT group and platform

Its not science fiction. This next Industrial Revolution is happening as we speak. Its so big that it could mean new revenue streams for your company and new opportunities for you. The only question is: Are you fully up to speed on the IoT?After months of researching and reporting this exploding trend, John Greenough and Jonathan Camhi ofBI Intelligencehave put togetheran essential report on the IoTthat explains the exciting present and the fascinating future of the Internet of Things. It covers how the IoT is being implemented today, where the new sources of opportunity will be tomorrow and how 16 separate sectors of the economy will be transformed over the next 20 years.

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Hitachis 33 IoT-specific solutions generated $5.4 billion in revenues in 2015, the company reported. The Insight Group will be charged with research and development focused on four of Hitachis key IoT market segments: oil and gas, health care, manufacturing, and smart cities.

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Hitachi also announced several major partnerships to co-develop IoT solutions based on the platforms technology. The partners include some of the largest solutions providers in the IoT space, including Intel, Microsoft, PTC, and SAP. Hitachi plans to spend $2.8 billion over the next three years to build up Lumada through R&D and acquisitions, Bloombergreported.

Complete analysis of the likely future investment in the critical IoT infrastructure: connectivity, security, data storage, system integration, device hardware, and application development

IoT devices connected to the Internet will more than triple by 2020, from 10 billion to 34 billion. IoT devices will account for 24 billion, while traditional computing devices (e.g. smartphones, tablets, smartwatches, etc.) will comprise 10 billion.

The IoT Revolution is picking up speed and when it does, it will change how we live, work, travel, entertain, and more.

And when you dig deep into the report, youll get the whole story in a clear, no-nonsense presentation:

The report gives a thorough outlook on the future of the Internet of Things, including the following big picture insights:

Like other major industrial companies, Hitachi is embedding sensors in and connecting many of the industrial products it builds, including trains, elevators, and manufacturing equipment. It has also been aggressively building out software and services for collecting and analyzing data from those products.

Governments will be the second-largest adopters, while consumers will be the group least transformed by the IoT.

Imagine smart mirrors that allow you to digitally try on clothes. Assembly line sensors that can detect even the smallest decrease in efficiency and determine when crucial equipment needs to be repaired or replaced. GPS-guided agricultural equipment that can plant, fertilize, and harvest crops. Fitness trackers that allow users to transmit data to their doctors.

To get your copy of this invaluable guide to the IoT universe, choose one of these options:

From connected homes and connected cars to smart buildings and transportation, every aspect of our lives will be affected by the increasing ability of consumers, businesses, and governments to connect to and control everything around them.

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Hitachi announces IoT group and platform

The important role analytics systems, including edge analytics, cloud analytics, will play in making the most of IoT investments

The platform provides several components of the IoT software stack, including the ability to connect devices to networks and applications; data streaming, storage, and processing; and analytics and machine learning. The platforms solutions are built on repeatable blueprints, so a predictive maintenance application can then be tailored for a number of machines and industries.

The choice is yours. But however you decide to acquire this report, youve given yourself a powerful advantage in your understanding of the fast-moving world of the IoT.

A logo of Hitachi Ltd. is seen at a news conference in Tokyo

The complex infrastructure of the Internet of Things distilled into a single ecosystem

Nearly $6 trillion will be spent on IoT solutions over the next five years.

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The group will also oversee Hitachis new Lumada IoT software platform, which will serve as the foundation for software applications that Hitachi will build along with its partners.

The four powerful forces driving IoT innovation, plus the four difficult market barriers to IoT adoption

In-depth analysis of how the IoT ecosystem will change and disrupt 16 different industries

Japan-based industrial giant Hitachiannouncedthat it is creating the Hitachi Insight Group, encompassing its IoT solutions and services, to be headquartered in Santa Clara, California.

Purchase the report and download it immediately from our research store.

The most comprehensive breakdown of the benefits and drawbacks of mesh (e.g. ZigBee, Z-Wave, etc.), cellular (e.g. 3G/4G, Sigfox, etc.), and internet (e.g. Wi-Fi, Ethernet, etc.) networks

A vertical stack of three evenly spaced horizontal lines.

Businesses will be the top adopter of IoT solutions because they will use IoT to 1) lower operating costs; 2) increase productivity; and 3) expand to new markets or develop new product offerings.

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