Hitachi is a global conglomerate with a strong presence in North America, Europe, APAC, and MEA. The company has business operations in more than 100 countries offering systems integration, cloud services, consulting, storage and software solutions to customers in diverse industry verticals. The company provides its solutions through a network of system integrators, cloud partners, VARs, distributors, and alliance partners. The company invests a significant share of its revenues in its R&D activities to launch new solutions in the IoT analytics category. For instance, during the last fiscal year, the company invested USD 333.7 million in R&D. Recently, the company has launched video management software solutions to improve productivity in industries with thorough analysis of data collected from production lines. The company has formed partnerships with various players to strengthen its offerings in the IoT analytics marketplace. Furthermore, in June 2015, the company acquired Pentaho, a data integration, analytics and visualization company, to strengthen its analytics capabilities. This has empowered Hitachi to generate significant revenues from IoT solutions and garner a position among leading industry players.