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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.
May 25, 2020
Working together to deliver innovative digital solutions to the southwestern Sydney community
Sydney, May 25, 2020 - Hitachi Australia Pty. Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501; “Hitachi”), has signed a MOU with founding partners of the Liverpool Innovation Precinct, Liverpool City Council (LCC) and the South Western Sydney Local Health District (SWSLHD) to co-operate on a number of initiatives and co-create social innovation solutions for the rapidly growing southwestern region of Sydney.
Hitachi will collaborate with LCC, the city council for one of the main cities in western Sydney, and SWSLHD, a local healthcare distinct, on civic and health initiatives such as digital healthcare. Hitachi will develop digital solutions utilising Lumada*1 and the customer collaborative creation methodology “NEXPERIENCE.”*2 A variety of platforms across IT, OT (Operational Technology) and products/systems knowledge that Hitachi has accumulated over many years will also be available to all participants. LCC and SWSLHD will collaborate with Hitachi to identify impactful projects and provide data and local knowledge for Hitachi to develop digital solutions through rigorous data analysis.
In October 2019,*3 Hitachi announced that it had entered into an agreement with the NSW government to establish a “Kyōsō Centre” in western Sydney to accelerate the growth of start-up companies and small to medium enterprise ("SMEs") through an open collaborative model to support economic development and job creation. This MoU builds on our commitment to western Sydney. By creating innovative solutions, Hitachi aims to contribute to social, environmental and economic values in western Sydney through the advanced technologies for infrastructure, employment and industry.
Through this collaboration in the field of healthcare and other civic initiatives, Hitachi will accelerate the creation of social innovation solutions that will contribute to a human-centric smart city to further increase the Quality-of-Life for communities in LCC and SWSLHD.
On the collaboration:
Mayor of Liverpool City Council, Ms Wendy Waller commented,
“Hitachi's Kyōsō Centre is an ideal fit for the Western Sydney Aerotropolis. Geared toward innovation, research and product development, it represents opportunities for people living in Liverpool and the wider region to pursue a fantastic career close to home.”
Independent Chair of the Liverpool Innovation Precinct, Mr David Borger commented,
“New industry partnerships with leading international organisations such as Hitachi will leverage the unique offering of Liverpool and help to position it as a global player in innovation and research.”
Manager of the Precinct, Mr Lance Chia explained what the partnership with Hitachi meant to the Liverpool Innovation Precinct,
“Engagement with forward-thinking and innovative companies like Hitachi is a vital element of having a dynamic and successful innovation precinct. A precinct’s economic assets needs to include public and private capability because they bring different strengths and perspectives which will drive a stronger innovation outcome. The ability for innovation to actually deliver value is crucial otherwise the innovation becomes just a novelty and delivering impact and value through innovation is what the Liverpool Innovation Precinct is about. Hitachi will be a great partner to help us achieve that.”
*1: Lumada is Hitachi’s advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation.
*2: Customer co-creation methodology “NEXPERIENCE”
*3: “Hitachi and New South Wales State Government agreed to establish "Kyōsō Centre (collaborative creation centre)" to accelerate the creation of social innovation”
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company’s consolidated revenues for fiscal 2018 (ended March 31, 2019) totalled 9,480.6 billion yen (A$130 billion), employing approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer’s social, environmental and economic value. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.