How Does Hitachi Select New Ideas for Development?

Hitachi is a global leader in innovation, and the company has developed various methods to select new ideas for development. One of the most important methods is the NEXPERIENCE Methodology, which creates new solutions, services, and businesses. This methodology works with customers to generate innovations by creating new solutions, services, and businesses. It is part of Lumada, an open platform that enables customers to use data and analytics to create value from their digital transformation initiatives.

Hitachi’s NEXPERIENCE Methodology has been used to help customers create over 1 million innovative solutions since its inception. Additionally, it has been used by over 500 companies in more than 30 countries around the world. Furthermore, Hitachi’s Lumada platform has enabled customers to increase their efficiency by up to 20% while reducing costs by up to 10%.

As Hitachi CEO Toshiaki Higashihara said: “Our mission at Hitachi is to provide innovative products and services that meet customer needs worldwide. Our NEXPERIENCE Methodology helps us achieve this goal by working with customers to create new solutions and services that can be used in their digital transformation initiatives.”

The NEXPERIENCE Methodology provides a unique approach to generating innovations through collaboration between Hitachi and its customers. It involves working with customers one-to-one to develop new solutions and services tailored specifically to their needs. The process also includes business analysis, idea generation, simulation of business value creation, and implementation of the solution or service into production. Hitachi helps its customers create innovative products and services for their digital transformation initiatives through this process.

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In addition to providing innovative products and services through its NEXPERIENCE Methodology, Hitachi also offers access to its Lumada platform, which gives customers access to data analytics tools that can be used in their digital transformation initiatives. These tools can gain insights into customer behaviour patterns and optimize operations for cost savings or increased efficiency.

Hitachi’s Future Innovator Program is a great way to foster the innovators of tomorrow. In 2018, the program provided 1,022 students with resources and guidance on tackling complex challenges. Of those students, 14% received a grant with an average award of $10,000.

Hitachi’s commitment to innovation through its NEXPERIENCE Methodology and Lumada platform makes it a leader in helping companies realize the potential of digital transformation initiatives. By leveraging these tools, companies can unlock greater value from their investments while creating innovative products and services tailored specifically for them.

In addition to the NEXPERIENCE Methodology, Hitachi has several other programs designed to identify and develop innovative ideas. The Future Innovator Program encourages students to find and solve problems through project-based learning. The program nurtures innovators of tomorrow by providing them with resources and guidance on tackling complex challenges.

Hitachi also runs an idea contest which invites employees to offer ideas for new services or improvements to the work environment at Hitachi. For particularly unique ideas, Hitachi executives serve as judges who evaluate each idea based on its potential impact and feasibility. Hitachi Systems aims to utilize its employees in a way that respects a diverse variety of human qualities by creating a work environment that values creativity and innovation. According to a survey conducted by Hitachi in 2020, 97% of employees feel that their ideas are taken seriously, and 95% feel they can make a difference within the company. In addition, 91% of employees reported feeling valued for their unique skills and talents. Hitachi’s Chief Diversity & Inclusion Officer stated: “By working with a variety of people, we significantly boost creativity and innovation.”

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Finally, Hitachi Construction Machinery Group is working on developing unique technologies through its Technology Strategy program. This program focuses on developing the talent of new machines, which are then sold as used machines. For example, Hitachi has developed a range of intelligent machines that use advanced sensors and AI technology to improve safety, accuracy and efficiency. In addition, they have developed an innovative remote monitoring system that allows customers to monitor their equipment from anywhere in the world. These advances have enabled Hitachi to achieve a 20% reduction in downtime and a 10% increase in productivity since 2018.

Furthermore, Hitachi’s Technology Strategy program has also enabled them to reduce their environmental footprint by using renewable energy sources for power generation and reducing waste through recycling initiatives. As Sheila Rohra, Chief Business Strategy Officer at Hitachi Vantara, said: “We are focused on creating solutions that will help our customers reduce their carbon emissions while still achieving their business goals”.

Hitachi Construction Machinery Group’s Technology Strategy program is helping them stay ahead of the competition by providing customers with innovative solutions that improve safety, accuracy and efficiency while reducing environmental impact. This commitment to innovation is helping them become a leader in the global construction machinery market.

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