Hitachi High-Technologies selects Axeda for IoT

Hitachi High-Technologies Corporation and Axeda have entered into a strategic partnership which includes reseller rights and the implementation of an Axeda private cloud located in Japan. Under the terms of the agreement, Hitachi High-Tech will market and sell industry-specific IoT solutions based on the Axeda platform and will host the private cloud in Japan to ensure that machine and sensor data is securely collected, managed and stored within Japan's borders. With this partnership, Hitachi High-Tech becomes the only Japanese company authorized by Axeda to resell its M2M Cloud Service in Japan. This arrangement will enable Hitachi High-Tech to satisfy the growing demand for IoT solutions in the Asia Pacific region, and will enable companies to work with Hitachi High-Tech to rapidly connect devices and machines to the cloud and develop and manage innovative solutions. According to Gartner, Inc., a research and advisory firm, "The Internet of Things will include 26 billion units installed by 2020. IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets.*" Japan is long recognized as one of the most innovative technology markets in the world, and Hitachi High-Tech is constantly seeking out ways to deliver ...