About six months ago, ABB completed a divestiture of about 80% of its holding in ABB Power Grid business, and Hitachi acquired it. The new business, a joint venture, is called Hitachi ABB Power Grids. Today, it announced the integration of its Digital Enterprise solution with Hitachi Vantara’s Lumada portfolio of digital solutions and services for turning data into insights.
The two Hitachi business entities have agreed to rebrand 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 IoT solutions.
The DE portfolio of solutions and its predecessors enable customers spanning multiple global industries to operate, analyze and optimize over $4 trillion of assets every day. With the incorporation of the DE portfolio into Lumada, this experience is further complemented by a leading technology engine to deliver access to information, systems, people and analytics across asset-intensive organizations.
With Digital Enterprise’s incorporation into Lumada, Hitachi ABB Power Grids’ energy domain experience will be augmented by Hitachi’s Lumada Industrial IoT platform. Hitachi was recently named a Leader in the 2020 Gartner Magic Quadrant for Industrial IoT Platforms based on Gartner Inc.’s evaluation of the company and its Lumada IoT software.
“Our software solutions and Lumada are highly complementary,” said Massimo Danieli, managing director, grid automation business unit, Hitachi ABB Power Grids. “Combining best-in-class Lumada IoT capabilities and the domain expertise built into Digital Enterprise applications provides both new and existing customers unparalleled flexibility and faster time to value, while preserving the value of their past software investments. The journey we began with our customers as part of the Digital Enterprise evolution story has become broader and more compelling, as we join the Lumada ecosystem.”
“Lumada Enterprise Asset Management and Field Service Management allow us to seamlessly expand our Ellipse EAM, enabling us to share information across all parts of our organization, tearing down silos and giving us the opportunity to formulate a longer-term, holistic strategy that reflects our specific business outcomes,” said Brian Green, general manager, asset management, from the Australian Rail Track Corporation (ARTC). “In addition, implementing these solutions allows us to optimize the quality of the data we collect and ensure safe, compliant and efficient business operations.”
“Bringing these solutions that each encapsulate deep domain expertise into the greater Lumada ecosystem gives customers an extremely powerful combination of tools to modernize their business,” said Chris Scheefer, senior vice president, Industry Practice, Hitachi Vantara. “The holistic view of assets and information provided by Lumada allows leadership to analyze and react in real-time, enabling efficient, effective operations and a foundation to create a more sustainable future.”
DE and Lumada also share core foundational features: a modern microservices design, vendor-agnostic interoperability, and a flexible deployment model, including cloud, on-premises and hybrid.
With the combination of Hitachi 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, edge intelligence, data management, analytics and more.
The new integrated Lumada portfolio will offer advantages to customers in the following key areas:
1. Digital Transformation & Data Modernization – improving access to and insights from data
2. Connected Asset Performance – helping to predict and prevent asset failures
3. Intelligent Operations Management – improving oversight and maintenance of assets
4. Health, Safety & Environment – enabling safer environments for workers and the public