INSUBCONTINENT EXCLUSIVE:
Digitisation has touched every aspect of life
It is altering how organisations look at business sectors and markets, service their customers and ideate new businesses
Traditionally, governments have been slow to modernise, but today they view digitisation as a panacea that can save time and expenses, while
enhancing their extent and effectiveness.The three-prong transformation of consumers, government and industry has far reaching economic
The number of technologies coming into the fore, be it Internet of Things (IoT), Artificial Intelligence (AI) or Robotics, are touching
every sector, reimagining how goods and services are delivered, and heralding what is now being termed as Industry 4.0.Hitachi, one of the
leading Japanese companies with a global footprint, has been engaged in innovating new age technologies
It has been using some of the most advanced technologies in a wide range of products and services
Together with localisation, Hitachi aims to contribute to further fuelling India's digital economy.As the sixth largest economy in the
world, to drive the advantages of a digital sphere to the bottom of the pyramid, India faces difficulties in tasks such as making economic
growth inclusive.The government acknowledges India's unique challenges
Its initiatives, such 'Digital India', 'Make in India', 'Skill India', are aimed at taking the digital dream to a billion citizens
This vision aims at empowering the citizens through adaptation of e-governance.Hitachi in India has envisioned this direction in
collaboration with the stakeholders, bringing its rich global industrial heritage and juxtaposing it with its strength in information
technology (IT) and operational technology (OT)
Hitachi's inherent Social Innovation Business weaves in a multidisciplinary approach to problems
It has partnered with Government of India in its initiatives, such as 'Digital India' and 'Make in India', leveraging its superior
technology innovations and global expertise to address the country's unique challenges.Hitachi has been a leader in operational technology
for industries such as manufacturing, power/energy and transportation for over 100 years, and also a leader in IT for over 50 years
Hitachi gives the customers a powerful and collaborative partner in data.The company's extensive presence across industries enables it to
provide a single-eye view of macro-solutions, a core competency that it has earned over the years
It laid its solid foundation in India over 80 years ago, when it supplied turbines for the Bhakra Nangal project
Hitachi Group has diversified and expanded its presence with 28 group companies in India across sectors.Hitachi's Social Innovation
business has driven solutions for the government, private players, businesses and the citizens themselves, incorporating its vision of
Hitachi Group is coming together to work faster, smarter and towards a sustainable tomorrow for India, contributing consistently to an
ever-evolving digital economy."Lumada" aims to be the core of social innovation by being a medium for Hitachi's customers.Hitachi has been
a part of e-governance initiatives with multiple governments in the country
While some of them have used its IT solutions, others utilised its technology for various functions - enabling digitisation of land records,
single-window handling of grievances and maintenance of essential services, among others."India is inevitably heading for a social
A revolution brought in by the transformation in the way people access technology and the advanced digital capabilities possessed by
companies," says Bharat Kaushal, managing director of Hitachi India."The 7 Cs i.e
common, connected, convenient, congestion-free, charged, clean and cutting-edge, introduced by our prime minister, work as fundamental for
us and drive us to create the necessary novel solutions."India's appetite and intent for technology evolution has been applauded globally
According to this year's Global Competitiveness Report by the World Economic Forum, "The global economy is not prepared for the Fourth
Industrial Revolution: 103 of the 140 economies measured in this year's index score 50 or lower out of 100 for innovation capability,
meaning that for many of these, innovation is a drag on overall competitiveness."However, there is good news for India
The report proves the government's focus is on e-governance, alongside other reforms like GST and schemes like Digital India, Make in
India and Skill India.India ranks 58th in 2018's Global Competitiveness Index
This indicates a rise of five places in the ranking from its 2017 position and is the largest gain among all G20 economies
India is a leader among the South Asian economies.This holistic transformation of a country as vast as India has been made possible with
companies like Hitachi partnering with multi-stake holders in bringing together the state-of-the-art technology solutions, combined with the
implementing agencies driving the last mile delivery of services.Disclaimer: This is an advertorial and TheIndianSubcontinent is not
responsible for the accuracy and completeness of the same.
