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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

September 09, 2016

Hitachi Hosts "Hitachi Social Innovation Forum 2016" To Delve on Increasing Importance of Digitalization and Urban Transportation

Key dignitaries in attendance including Shri Devendra Fadnavis, Hon'ble CM Maharashtra and H.E. Mr. Kenji Hiramatsu, Ambassador of Japan to India

(L-R) Shri Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra, His Excellency Mr. Kenji Hiramatsu, Ambassador of Japan to India, Mr. Kojin Nakakita, Managing Director, Hitachi India at the Hitachi Social Innovation Forum 2016
(L-R) Shri Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra, His Excellency Mr. Kenji Hiramatsu, Ambassador of Japan to India, Mr. Kojin Nakakita, Managing Director, Hitachi India at the Hitachi Social Innovation Forum 2016

(L-R) Mr. M K Anand, Managing Director and CEO of Times Network, , His Excellency Mr. Kenji Hiramatsu, Ambassador of Japan to India, Mr. Kojin Nakakita, Managing Director, Hitachi India & Shri Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra, Lighting the lamp at the Inauguration Ceremony of Hitachi Social Innovation Forum 2016
(L-R) Mr. M K Anand, Managing Director and CEO of Times Network, His Excellency Mr. Kenji Hiramatsu, Ambassador of Japan to India, Mr. Kojin Nakakita, Managing Director, Hitachi India & Shri Devendra Fadnavis, Hon'ble Chief Minister of Maharashtra, Lighting the lamp at the Inauguration Ceremony of Hitachi Social Innovation Forum 2016


MUMBAI, September 9th, 2016-Hitachi India Pvt. Ltd.(Hitachi India), a subsidiary of Hitachi, Ltd. (TSE:6501) today organized the Hitachi Social Innovation Forum2016in partnership with Times Network in Mumbai towards an effort to support India’s infrastructure development. The forum was jointly inaugurated by Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, His Excellency Mr. Kenji Hiramatsu, Ambassador of Japan to India, Mr. Kojin Nakakita, Managing Director, Hitachi India and Mr. M K Anand, Managing Director and CEO of Times Network.

This event served as a platform for Hitachi to bring together thought leaders to deliberate on themes pertaining to Transition from Traditional to Digital Banking, Increasing Railway Capacity and Reliability through IT and ICT, Building a Robust IT Infrastructure and Digital Transformation for India.

Shri Devendra Fadnavis, while addressing participants said, “I would like to thank Hitachi for organizing this event at such an appropriate time. Today, technology is at the forefront, the world is transforming and disruptions are impacting the lives of people.”

He added, “The need of the hour is to promote digital communication that can integrate the country by bridging the gap between villages and cities. Every extraordinary situation needs an extraordinary solution and Social Innovation acts as a catalyst towards this. Technology is a great leveller. For instance, it can provide solutions and can transform remote villages that do not have accessibility to the world.”

Mr. Kenji Hiramatsu said, “I am very happy to be part of this event and to promote bilateral relations with India. Japan is already partnering India on various initiatives such as collaborations on high speed railway, dedicated freight corridor, global technology support to Smart Cities and Digital India initiatives. We are happy to work on more technology transfer programmes with India”

Mr. Kojin Nakakita said, “A multitude of business and developmental challenges are fast-emerging globally and in India. The question is, how do we respond to rapid urbanization, large-scale concentration of people in cities, exploring sustainable transportation solutions, efficient supply and management of water and energy and creating stronger security solutions for the age of the Internet of Things (IoT). Delivering individual products and systems to customers will no longer suffice. Today the keyword is “connecting” these products and systems through Digitalization.”

The Hitachi Social Innovation Forum is Hitachi’s global flagship event. In its 4th year in India, the event sought to bring together influential leaders from diversified backgrounds, policy makers, domain experts and industry representatives to delve on collaborating with each other to arrive at holistic solutions for sustainable urban development.

To support the overall theme of Hitachi Social Innovation Forum an exhibition with Hitachi showcasing its diversified solutions, technologies and products such as GIS (Geographical Information System), Industrial Plant Maintenance System, Integrated CEP (Citizen Experience Platform) solutions and so on in real-time for the benefit of its visitors was organized at the venue.

Enclosed is a snapshot of sessions held:

THEME SPEAKERS
Digital Transformation: The Roadmap for India Inc.

*Advantages & Challenges of Digital Revolution as a new paradigm for data management; and impacts on everyday tasks, activities and processes of organizations
  • - Ravi Vishwanathan, President, Growth Markets, Tata Consultancy Services
  • - Anup Purohit, Senior President & CIO, YES Bank
  • - Munish Mittal, CIO, HDFC Bank
  • - Amrish Rau, MD, Citrus Payment Solutions
  • - Vivekanand Venugopal, VP &General Manager, Hitachi Data Systems
Transition from Traditional Banking to Digital Banking - Challenges and Enablers

*Value proposition of banks servicing customers; bridging the gap between traditional & digital banking
- AP Hota, MD & CEO, National Payments Corporation of India
- Shinjini Kumar, CEO, Paytm Payments Bank
- Dinesh Kumar Khara, Managing Director & Group Executive (Associates & Subsidiaries), SBI
- Rajeev Sabharwal, ED, ICICI Bank
- Jayant D'Mello, Director, ATM & Emerging Payments Business Unit, Hitachi Payments Services
Building a Robust IT Infrastructure: The Key to Success

*Using disruptive technologies for network security; creating a robust IT infrastructure through contemporary technologies like Cloud Computing
  • - Vikas Prabhu, CIO, Essar Energy & Oil
  • - Bishwanath Ghosh, Corporate CIO, Mahindra & Mahindra
  • - Vinay Khargonkar, General Manager& Head
  • - Corporate IT, L&T
  • - Anuj Gupta, CEO, Hitachi Systems Micro Clinic
Increasing Railway Capacity and Reliability through IT & ICT

*Improving customer satisfaction with relatively small levels of investment; leveraging Information Technology & Information Communication Technology solutions
  • - Smt. K Vijayalakshmi, Chief, Transport & Communication, MMRDA
  • - Prashant Rao, Executive Director/S&T/Project, DMRC
  • - PrabhatSahai, Chairman & MD, Mumbai Rail Vikas Corporation
  • - Akhil Agarwal, GM, Central Railway
  • - G C Agarwal, GM, Western Railway
  • - Mangal Dev, Director, Hitachi India & Head - Hitachi Rail System Company, India & South Asia Region
  • - Bruno Tasselli, VP, Business Development & Sales, Hitachi Rail Italy

About Hitachi in India

Hitachi started its business in India in the 1930's. with over 25 business bases and over 10,000 employees in India. Presently, Hitachi Group in India is expanding through using its expertise in 'Social Innovation Business', by providing solutions in the areas including information & telecommunication systems, industrial systems like water, oil & gas supply and management, transportation and urban development systems. Together with further localisation, Hitachi aims to contribute to developing a sustainable society in India as well as contributing to the country's economic growth. For more information about the Hitachi Group in India, please visit the website at www.hitachi.co.in

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges. The company's consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled10,034.3 billion yen ($88.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 335,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power/Energy, Industry / Distribution / Water, Urban Development, and Finance / Government &Public / Healthcare. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

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