Hitachi Energy Named a Leader in Enterprise Asset Management for Utilities
Read the IDC MarketScape 2021 Vendor Assessment to learn why Hitachi Energy is positioned in the Leaders category in Enterprise Asset Management (EAM) for Utilities.
The report highlights three main strengths of Hitachi Energy:
- Utility Expertise - Deep industry track record in power & utilities that is now augmented by Hitachi's Lumada industrial IoT platform
- Ability to Execute & Innovate - Delivering capabilities that match customers’ increasing complexity Innovation opportunities and synergies with Hitachi’s digital portfolio for greater value-add to customers
- Reputation & Reach - Distinct global brand with strong coverage around the world
Optimize your critical asset management with a global market leader in EAM
Companies in asset-intensive industries such as energy, utilities, transportation, oil and gas, and mining, share a unique set of challenges that must be addressed to increase operational performance, reliability and profitability. To address these challenges, companies are turning to enterprise asset management solutions to help them realize sustainable gains in business performance and profitability.
With over 40 years’ industry experience, Hitachi Energy enables best practices in the day-to-day and lifecycle management of assets, work, logistics, financials, and human resources. We empower people to respond faster and make better decisions that directly impact the bottom line. Combining proven practices in enterprise asset management (EAM) across a range of sectors including utilities, mining, oil and gas, the Lumada EAM software enables peak operational performance and continuous process improvement in line with ISO 55000 recommendations.
Unlike traditional ERP software, assets are at the heart of the Lumada EAM solution. Built specifically to support the complete lifecycle of complex, critical and costly assets, the Lumada EAM system includes complete enterprise functionality across asset management and maintenance, scheduling and execution, work planning, supply chain and material planning, multi-entity financial, and people management.
Enterprise Asset Management is part of the Lumada portfolio for asset & and work management, software that enables asset-intensive industries to be more adaptive, collaborative, insightful, and predictive. More than a system, Lumada is an ecosystem that embraces your existing technologies, enabling you to gain the benefits of the latest technological advances without sacrificing the investments you have already made. The Lumada portfolio offers the latest in software development, with a modular architecture that is designed to support customer needs for agile delivery in a changing market. Customers can deploy precisely what is needed, when it is needed by replacing the forced “rip & replace” upgrades of the past.