Hitachi

Hitachi Vantara Unveils Hitachi Virtual Storage Platform One, Signifying a New Hybrid Cloud Approach to Data Storage

Retrieved on: 
Tuesday, October 10, 2023

SANTA CLARA, Calif., Oct. 10, 2023 /PRNewswire/ -- Addressing the critical challenges facing IT leaders, many of whom are striving to scale data and modernize applications across complex, distributed hybrid and multicloud infrastructure, Hitachi Vantara, the modern infrastructure, data management, and digital solutions subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the transformation of its existing data storage portfolio with the introduction of Hitachi Virtual Storage Platform One a single hybrid cloud data platform. Having a common data plane across structured and unstructured data in block, file, and object storage allows businesses to run different types of applications anywhere — on-premises and in the public cloud, without the complexities many are faced with today.

Key Points: 
  • By eliminating infrastructure, data, and application silos, Virtual Storage Platform One empowers businesses with a trusted data foundation that enables them to consume the data they need, when and where they need it.
  • With a consistent data platform, we will provide businesses with the reliability and flexibility to manage their data across various storage environments without compromise," said Dan McConnell, senior vice president, product management for storage and data infrastructure, Hitachi Vantara.
  • "Hitachi Vantara's Virtual Storage Platform One represents the next evolution of sustainable infrastructure, delivering reliability and simplicity at scale across diverse applications and data types."
  • Sheila Rohra, president of storage and data infrastructure, Hitachi Vantara
    Mauro Guzelotto, vice president of cloud services, T-Systems North America
    Dan McConnell, senior vice president of product management for storage and data infrastructure, Hitachi Vantara
    The introduction of Hitachi Virtual Storage Platform One capabilities will begin in early 2024 with new file and public cloud offerings.

UK - High Voltage Direct Current (HVDC) Transmission Systems Market to grow by USD 363.9 million during 2022-2027 | Increasing demand for power to drive the growth - Technavio

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The UK - high voltage direct current (HVDC) transmission systems market size is expected to grow by USD 363.9 million between 2022 and 2027.

Key Points: 
  • NEW YORK, Oct. 9, 2023 /PRNewswire/ -- The UK - high voltage direct current (HVDC) transmission systems market size is expected to grow by USD 363.9 million between 2022 and 2027.
  • The market is segmented by Component (Converter stations and Transmission medium) and Type (Subsea transmission, Underground transmission, and Overhead transmission).
  • The power loss during transmission is less than high voltage alternate current (HVAC) technology.
  • Growing demand for high-resolution transmission electron microscope (HRTEM) is the key factor driving the growth of the market.

Automotive Electronics Market Forecast 2023-2027: Estimated Market Size, Growth Drivers And Lucrative Segment - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- As per The Business Research Company's Automotive Electronics Global Market Report 2023, the automotive electronics industry is witnessing unprecedented growth, with the global market poised to reach $279.13 billion in 2023, compared to $254.59 billion in 2022, representing an impressive compound annual growth rate (CAGR) of 9.6%. Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.

Key Points: 
  • Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.
  • The surge in demand for electric vehicles (EVs) is a primary driver of the automotive electronics market .
  • The automotive electronics market is characterized by a concentration of major players, with the top ten competitors accounting for 48.50% of the total market in 2022.
  • The automotive electronics market in Asia-Pacific is bolstered by the rise of autonomous technologies and significant demand for electric vehicles.

Automotive Electronics Market Forecast 2023-2027: Estimated Market Size, Growth Drivers And Lucrative Segment - By The Business Research Company

Retrieved on: 
Friday, October 6, 2023

LONDON, Oct. 6, 2023 /PRNewswire/ -- As per The Business Research Company's Automotive Electronics Global Market Report 2023, the automotive electronics industry is witnessing unprecedented growth, with the global market poised to reach $279.13 billion in 2023, compared to $254.59 billion in 2022, representing an impressive compound annual growth rate (CAGR) of 9.6%. Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.

Key Points: 
  • Furthermore, the automotive electronics market is projected to expand to $382.78 billion by 2027, at a CAGR of 8.2%.
  • The surge in demand for electric vehicles (EVs) is a primary driver of the automotive electronics market .
  • The automotive electronics market is characterized by a concentration of major players, with the top ten competitors accounting for 48.50% of the total market in 2022.
  • The automotive electronics market in Asia-Pacific is bolstered by the rise of autonomous technologies and significant demand for electric vehicles.

HITACHI-SPONSORED TEAM PENSKE CHEVROLET A 2023 INDYCAR LEADER

Retrieved on: 
Thursday, October 5, 2023

The 2023 season was Hitachi's 12th year of partnership with Team Penske.

Key Points: 
  • The 2023 season was Hitachi's 12th year of partnership with Team Penske.
  • Hitachi Astemo also supplies fuel-system components for all 2.2-liter twin-turbocharged Chevrolet race engines in the INDYCAR SERIES, helping Chevrolet win the 2023 NTT INDYCAR SERIES Manufacturing Championship.
  • Chevrolet clinched the Manufacturers Championship for the second year in a row, to earn its eighth championship since returning to INDYCAR competition in 2012.
  • "We have built a strong relationship with Hitachi and Team Penske over the years," said Jim Campbell, General Motors U.S. vice president Performance and Motorsports.

Commvault Appoints Industry Veteran Richard Gadd as Senior Vice President of EMEA and India

Retrieved on: 
Wednesday, October 4, 2023

READING, England, Oct. 4, 2023 /PRNewswire/ -- Commvault (NASDAQ: CVLT), an enterprise data protection leader for today's global businesses, has today announced the appointment of Richard Gadd as Senior Vice President of Commvault's EMEA and India (EMEAI) region. Gadd will lead the region in empowering global organisations with industry-leading cyber resilience offerings that protect and recover data from today's biggest cyber threats.

Key Points: 
  • Gadd brings 25 years of sales experience in the technology industry to Commvault.
  • He most recently held the role of VP and General Manager, EMEA at Cohesity, building his experience in the storage and data management industry.
  • Gadd plans to bring this experience into Commvault and achieve similar go-to-market successes within the EMEAI region.
  • "To join one of the longest-established companies in the industry is incredibly exciting," said Richard Gadd, Senior Vice President EMEAI.

Pow.Bio Raises $9.5M to Deploy Intelligent Continuous Fermentation Technology to Enable the Future of Biomanufacturing

Retrieved on: 
Wednesday, October 4, 2023

Pow.Bio’s goal is to unlock the economic viability of sustainable biomade products by significantly driving down the high costs associated with biomanufacturing.

Key Points: 
  • Pow.Bio’s goal is to unlock the economic viability of sustainable biomade products by significantly driving down the high costs associated with biomanufacturing.
  • The simple fact is that synthetic biology companies today are unable to manufacture products at a price that can displace unsustainable petrochemical or animal derived alternatives.
  • “Early on, we identified continuous fermentation as a necessity to enable cost-competitive, sustainable food production,” said Peter Odemark, co-founder and Managing Partner at Gullspång Re:food.
  • Many in this space blame the challenge of cost effective manufacturing on a lack of commercial scale fermentation capacity.

Nasuni Strengthens Leadership Team with New Chief Marketing Officer, Head of Worldwide Partners, and Vice President of Sales

Retrieved on: 
Wednesday, October 4, 2023

BOSTON, Oct. 4, 2023 /PRNewswire/ -- Nasuni, a leading hybrid cloud storage solution, today announced the appointment of Asim Zaheer as Chief Marketing Officer. In this role, Zaheer will be responsible for scaling Nasuni's global go-to-market strategy as the company enters its next phase of growth. Nasuni also announced the appointment of Matthew Grantham as Head of Worldwide Partners, and Curt Douglas as Vice President of Sales for its western region.

Key Points: 
  • BOSTON, Oct. 4, 2023 /PRNewswire/ -- Nasuni , a leading hybrid cloud storage solution, today announced the appointment of Asim Zaheer as Chief Marketing Officer.
  • Nasuni also announced the appointment of Matthew Grantham as Head of Worldwide Partners, and Curt Douglas as Vice President of Sales for its western region.
  • The new appointments come as demand for hybrid cloud storage with distributed file shares and safeguards against ransomware continues to grow rapidly.
  • Previously, Grantham served as Global Vice President of Channel Sales for Hyperscience and executive channel leadership positions at TenFold, Fuze, and others.

Nasuni Strengthens Leadership Team with New Chief Marketing Officer, Head of Worldwide Partners, and Vice President of Sales

Retrieved on: 
Wednesday, October 4, 2023

BOSTON, Oct. 4, 2023 /PRNewswire/ -- Nasuni, a leading hybrid cloud storage solution, today announced the appointment of Asim Zaheer as Chief Marketing Officer. In this role, Zaheer will be responsible for scaling Nasuni's global go-to-market strategy as the company enters its next phase of growth. Nasuni also announced the appointment of Matthew Grantham as Head of Worldwide Partners, and Curt Douglas as Vice President of Sales for its western region.

Key Points: 
  • BOSTON, Oct. 4, 2023 /PRNewswire/ -- Nasuni , a leading hybrid cloud storage solution, today announced the appointment of Asim Zaheer as Chief Marketing Officer.
  • Nasuni also announced the appointment of Matthew Grantham as Head of Worldwide Partners, and Curt Douglas as Vice President of Sales for its western region.
  • The new appointments come as demand for hybrid cloud storage with distributed file shares and safeguards against ransomware continues to grow rapidly.
  • Previously, Grantham served as Global Vice President of Channel Sales for Hyperscience and executive channel leadership positions at TenFold, Fuze, and others.

Digital Oilfield Market to grow by USD 10.23 billion from 2022 to 2027 | Increasing application in remote monitoring and control to boost market growth- Technavio

Retrieved on: 
Wednesday, October 4, 2023

NEW YORK, Oct. 4, 2023 /PRNewswire/ -- The digital oilfield market is expected to grow by USD 10.23 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Oct. 4, 2023 /PRNewswire/ -- The digital oilfield market is expected to grow by USD 10.23 billion from 2022 to 2027, according to Technavio.
  • Helps in remote monitoring and controlling is notably driving the digital oilfield market.
  • The digital oilfield market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market.
  • The oil and gas pipeline monitoring equipment market size is estimated to grow at a CAGR of 4.46% between 2023 and 2027.