SANTA CLARA, CA--(Marketwired - March 08, 2016) - Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that Jack Domme will lead Hitachi's Social Innovation business in the Americas reporting directly to Hitachi, Ltd. President and CEO, Toshiaki Higashihara. In this role, he will focus on accelerating Hitachi's Social Innovation business, primarily in the areas of the Internet of Things (IoT) and the development of smart cities. To focus on his new role, Domme will be leaving his position as CEO of Hitachi Data Systems.
Domme served for seven years as CEO of HDS, where he led the transformation of Hitachi Data Systems from a storage provider into an information solutions company. He was appointed to this new role because he has demonstrated the ability to lead global transformation, execute on a long-term strategic plan, and outpace the market in revenue growth. Hitachi's Social Innovation business opportunity is the unifying strategy that brings together the power and breadth of the entire Hitachi, Ltd. group to deliver IoT and smart city solutions.
Domme has been named Chairman and CEO and a member of the Board of Hitachi Information and Telecommunications Systems Global Holdings Corporation (HIGH). In this role, he will be responsible for enhancing collaboration between Hitachi Consulting (HCC), Hitachi Data Systems (HDS), and other Hitachi Group companies in supporting the achievement of the Hitachi Social Innovation strategy for the Americas region and beyond. He will continue as Vice President and Executive Officer of Hitachi, Ltd., as well as Chief Executive of the Americas.
"There has been no greater or more transformational opportunity for Hitachi than Social Innovation," said Domme. "Hitachi is not only a pioneer in the development of smart cities and the Internet of Things, but we also have a unique ability to deliver on the promise of each. No other company in the world has both the industrial and operational expertise, along with decades-long leadership in information technology. And those are exactly the elements required to be a leader in this market. I am very excited and humbled by the opportunity to help lead Hitachi through this next major transformation."
Ryuichi Otsuki will succeed Domme as CEO of Hitachi Data Systems. Otsuki joins HDS from his role as Vice President and Executive officer, General Manager of Social Innovation Business Promotion Division and Deputy General Manager of Corporate Sales & Marketing Group at Hitachi, Ltd. Otsuki joined the HDS board in 2009 and has been instrumental in the development of HDS' long-term strategy to expand its portfolio in the areas of infrastructure, content and analytics linking to Hitachi's Social Innovation vision -- making the Internet of Things that matter a reality.
"Social Innovation is the most significant initiative Hitachi has undertaken in its 106-year history," said Otsuki. "We are transforming businesses and societies to deliver better outcomes for people around the world, and Hitachi Data Systems is instrumental to Hitachi delivering on this strategy. I want to thank Jack and his team for positioning this company so well for further success, and I look forward to working closely with him in his new role to continue to grow HDS and our global Social Innovation business."
These new executive appointments will be effective April 1, 2016.
About Hitachi Data Systems
Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., builds information management and Social Innovation solutions that help businesses succeed and societies be safer, healthier and smarter. We focus on big data that offers real value -- what we call the Internet of Things that matter. Our IT infrastructure, analytics, content and cloud solutions and services drive strategic management and analysis of the world's data. Only Hitachi Data Systems integrates the best information technology and operational technology from across the Hitachi family of companies to deliver the exceptional insight that business and society need to transform and thrive. Visit us at HDS.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information, please visit the company's website at http://www.hitachi.com.
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