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Hitachi Ltd. and Hitachi Vantara, jointly announced Hitachi's first commercial Lumada internet of things (IoT) platform offering. Now in its v2.0 release, the Lumada IoT platform has been fully updated with a portable architecture that enables it to run both on-premises or in the cloud and to support industrial IoT deployments both at the edge and in the core.
The new software stack is designed to help customers quickly and easily gain insights, predictions and recommendations from their data, and can be easily adapted to support mid-to-large-scale environments. Lumada's integrated advanced analytics have also been enhanced with artificial intelligence (AI) functionality at scale. The result is a highly intelligent and flexible platform that accelerates outcomes for enterprise and industrial customers, such as increased operational efficiencies and cost savings, enhanced operational safety and reliability, improved asset utilization, performance management and product quality, and the creation of new business models.
Among the notable advancements to the Lumada IoT platform are asset avatars, Hitachi's unique approach to what is commonly referred to as "digital twins." Asset avatars provide a digital representation of physical assets and rich metadata for analytics, serving as a digital proxy for business and industrial assets and providing rapid data-driven insights into their health and performance, with continuously updated sensor values. This approach helps to eliminate "blind spots" in operation-critical systems by providing improved access to - and insights from - business, machine and human data, which can help users move more rapidly from measurement to management to improvement. The newly enhanced software stack also provides IoT developers and architects with powerful design tools and features that simplify the creation and deployment industrial IoT solutions, with faster time to insight.
Hitachi's next-generation Lumada IoT platform architecture has been fully updated with five major layers to form a flexible, portable and composable software foundation with comprehensive security capabilities and expanded support for unstructured data uploads. IoT developers and architects will also benefit from Lumada's dynamic design features, rich analytics and robust asset management capabilities, including:
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Lumada edge: Allows any variety and velocity of data to be easily ingested, transformed and analyzed in close proximity to physical assets.
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Lumada core: Provides asset registry, identity and access management and simplifies the creation of asset avatars.
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Lumada analytics: Blends OT and IT data to uncover patterns with powerful analytics, machine learning and AI.
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Lumada studio: Delivers predefined widgets to simplify the creation of dashboard applications; issues alerts, notifications or just straight-through processing.
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Lumada foundry: Offers foundational services to ease deployment on-premises and in the cloud, as well as security, microservices and support features.
Keywords: Internet of Things (IoT), In the Cloud, Advanced Analytics, Artificial Intelligence (AI), Asset Management, ARC Advisory Group.