Hitachi to invest $1.25 billion in Australia
Hitachi, Ltd. has announced its commitment to invest $1.25 billion AUD in its Australian Social Innovation business and forecasts to triple its FY2015 revenue total in Australia to reach $3.75 billion AUD by FY2020 as a result of focusing on the growth of its mining, railway system, healthcare, security, and agriculture businesses.
During a Keynote Speech delivered at the ‘Hitachi Social Innovation Forum 2016 SYDNEY’ at Sofitel Sydney Wentworth, Hitachi’s President & CEO, Toshiaki Higashihara, addressed how Hitachi will contribute to resolving issues faced by Australian society and improving Australian’s quality of life, through Social Innovation and leveraging digital technologies.
Hitachi identified three critical social issues currently faced in Australia as Hitachi’s focus - urbanisation, a challenged healthcare system and primary industry. As a result of urbanisation due to the country’s rapid population growth, Australia is experiencing problems such as inadequate transportation infrastructure and chronic traffic congestion.
Add to this, an increased demand from its citizens for stronger security measures. Growing population and dated infrastructure is placing increasing pressure on the healthcare system, and changes in the primary industry’s mining and agriculture sectors have given rise to the need for smart mining and agriculture technologies, including automation to help facilitate labour reduction in order to maintain competitiveness.
This is set against the context of a wave of new technology innovations globally including the Internet of Things (IoT) and Industry 4.0, with the Australian government accordingly focused on increasing security measures and announcing a new cyber security strategy in April 2016 with an allocated budget of $230 million AUD over the next four years.
In order to resolve these issues, Hitachi will invest heavily to accelerate collaborative creation with Australian partners in the fields of mining, railways, healthcare, security, and agriculture, to create shared value, bringing about positive change to the lives of individuals and Australian society.
In its mining and agriculture business, Hitachi promote Proof of Concept and the provision of solutions which contribute to efficiency and deliver high added value. Hitachi Construction Machinery Co., Ltd. is in the process of acquiring Australian casting manufacturer Bradken Limited, a global brand with very strong distribution networks. This development, in combination with Hitachi’s IoT and AI technology, will allow Hitachi to significantly differentiate itself from the competition in the service it is able to deliver to its customers.
Hitachi’s railway business is perfectly positioned to contribute to greater safety, flexibility, and efficiency in Australian transportation by collaborating with its partners to address their challenges. It is able to provide all train related technology, including traction systems, signal systems, and transport management systems in liaison with Ansaldo S.p.A., and Ansaldo STS S.p.A, which Hitachi acquired in 2015 to further expand the global footprint of its railway business.
A key area of focus for Hitachi’s healthcare business is the future provision of particle beam therapy systems. Hitachi has already delivered these systems to more than 10 facilities around the world. Hitachi also leverages its expertise in IT and other areas to provide healthcare solutions using a wide range of digital technologies. In its security business, Hitachi provides a wide range of solutions including physical security in the form of video monitoring systems and finger vein authentication, as well as cyber security that supports the safe management of information assets.
Earlier this year in June, Hitachi established a new Research and Development (R&D) division in Sydney, Australia, with its core focus to create new business opportunities by promoting collaborative creation to Hitachi’s Australian partners and leveraging the expertise of its mining, railways, healthcare, security, and agriculture businesses.
As part of its continued commitment to provide solutions, products and services in the Social Innovation business, Hitachi’s goal is to become an innovation partner for the IoT era. In order to realise this goal, earlier this year Hitachi launched its IoT platform ‘Lumada’ which supports all aspects of Collaborative Creation with its customers and partners, from the sharing of ideas, analysis and visualisation of issues, right through to the design, testing, simulation of business models and ultimately the provision of services.
The “Hitachi Social Innovation Forum 2016 SYDNEY” is the first time Hitachi has held one of its flagship social innovation events in Australia. The goal of the forum, which is held annually in cities across the globe, is to further accelerate social innovation via collaborative creation with leading businesses and decision makers. In the midst of major changes in industry and society as a whole, the forums explore the application of new innovations in technology and business solutions in the era of the IoT, to address the key trends and challenges facing society.
Hitachi forecasts to triple its FY2015 revenue in Australia by FY2020, to $3.75 billion AUD. The company plans to invest $1.25 billion AUD in Australia over this period, with the outcome of creating a better tomorrow for Australians.
EDGEMATRIX and NTT DOCOMO deliver AI at the edge
Leading Japanese telecommunications firm NTT DOCOMO, together with startup EDGEMATRIX, is harnessing the power of 5G to support artificial intelligence-enabled video, real-time analytics and, ultimately, the next step in the evolution of the modern smart city.
Founded under the roof of Silicon Valley tech firm Cloudian, EDGEMATRIX has grown into a cutting edge startup based in Japan. NTT DOCOMO has been a shareholder in the company since 2019, having spent the past two years jointly developing and commercialising EDGEMATRIX's revolutionary edge-AI platform using high-speed, high-capacity, low-latency 5G technology. NTT DOCOMO, together with EDGEMATRIX, launched a world-first edge AI platform for intelligent video analytics, enabling high resolution, high security, and real-time video using AI.
Courtesy of EDGEMATRIX
The platform simplifies, manages and oversees the implementation and integration of AI at the edge, which captures, analyses and stores video close to where it is captured in industrial and retail settings, "on location at factories, buildings and other outdoor and indoor locations." The solution is also used in social infrastructure such as roads, railroads, and long-term care facilities for safety monitoring and anomaly detection.
Using Edge AI Box, a compact indoor and outdoor device equipped with a GPU for deep learning-based AI and a communication module (WiFi/LTE/5G) together with various interfaces such as camera connection, it becomes possible to process video streaming from surveillance cameras on-site (at the edge) and in real-time. EDGEMATRIX's Edge AI Boxes can be installed across a site and then monitored using the company's platform. The platform maps the locations of multiple Edge AI Box devices installed on site, monitors their operational status and enables the devices to be controlled remotely.
EDGEMATRIX's customers can use the platform to pruchase additional AI applications from a rapidly-expanding ecosystem which allow them to implement the right solution for the right situation. This simplifies the implementation and upgrade of edge AI for processing and storing video data captured with video cameras at customer premises either outdoor or indoor. Using "Edge View" feature, it is also possible to simultaneously display on the browser a large number of AI-processed real-time videos from the field.
Partnerships like this are key to NTT DOCOMO’s efforts to integrate 5G technologies into the modern enterprise.
Zaif Siddiqi, Executive Director and Global Head of NTT DOCOMO’s 5G & IoT Business Department, comments: “When you're approaching digital transformation, there's more to it than just leveraging cutting edge technologies into new customer experiences.” Unless the needs of the customer, and the underlying market forces at play, can be truly understood, “5G doesn’t mean anything,” he explains, adding that in order to find the right contexts for deployment, “Selection of the right partners is extremely important to delivering on the potential value of 5G.”