Daily Archives: July 24, 2018
Hitachi Vantara To Acquire REAN Cloud
Deal Will Extend Hitachi Vantara’s Cloud Portfolio and Managed Services Capabilities To Accelerate Digital Transformations Across Public, Private and Hybrid Cloud Environments
SANTA CLARA, Calif., July 24, 2018 (GLOBE NEWSWIRE) — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today announced its intent to acquire REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces.
Founded in 2013, REAN Cloud has quickly been recognized as a leading cloud systems integrator, earning the status of AWS Premier Consulting Partner and Microsoft Azure Silver Partner. REAN Cloud’s deep hyperscale expertise and industry-leading infrastructure-as-code REAN Cloud Accelerator Platform enable highly automated, intelligent, scalable and secure cloud adoption and managed services. These services focus on delivering client business outcomes with significantly faster realization of business value. With 47Lining’s capabilities (acquired by REAN Cloud last year), REAN Cloud also delivers customized solutions for IoT analytics, predictive analytics and machine learning, allowing customers to more quickly unlock new business opportunities.
This acquisition will reinforce Hitachi Vantara’s ability to accelerate secure enterprise cloud adoption across multicloud environments and strengthen its ability to manage and operate traditional applications as well as emerging workloads in artificial intelligence and machine learning. Hitachi Vantara shares REAN Cloud’s passion for creating leading-edge solutions and will leverage REAN Cloud’s expertise to speed delivery of transformative digital solutions for its combined customers and partners.
“Our global customers across the Hitachi, Ltd., ecosystem are driving their own digital transformations to create competitive advantages in the marketplace,” said Brian Householder, chief executive officer of Hitachi Vantara. “Modernized infrastructure running both on and off premises and intelligent data governance and analytics are the foundational pillars of digital transformations. REAN Cloud powerfully extends Hitachi Ltd.’s existing portfolio for customers and partners in these areas.”
“Enterprises today want the ultimate flexibility in selecting the right environment for their varied workloads and development requirements. Moving and managing data and applications across environments requires careful orchestration through a unified cloud platform,” said Bobby Soni, chief solutions and services officer of Hitachi Vantara. “Hitachi Vantara already offers trusted and reliable private cloud solutions for customers who want pay-as-you-go experiences without having to move their data off premises. With REAN Cloud, we will be able to extend our unified cloud offerings to public and hybrid clouds, and we will enable customers to accelerate their digital transformations by deploying analytics-centric solutions to drive business outcomes.”
“When we first founded REAN Cloud, we understood the pivotal role that the cloud would play in transforming the way enterprises do business to reach their goals faster,” said Sri Vasireddy, managing partner of REAN Cloud. “As cloud adoption continues its rapid growth worldwide, we are truly excited to join forces with Hitachi Vantara, which shares our focus on shaping the future of digital transformation with innovative solutions. Our team looks forward to evolving REAN Cloud’s platform to accelerate customers’ outcome-based offerings.”
Once the acquisition closes, REAN Cloud’s founders will continue to lead and grow the business as an integral part of Hitachi Vantara’s Solutions and Services organization, led by Bobby Soni. REAN Cloud customers can expect continued high-quality services through REAN Cloud’s existing workforce, enhanced by Hitachi Vantara’s global delivery capabilities and leading digital solutions.
The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals. Financial terms of the deal are not being disclosed.
Citi acted as the exclusive financial advisor to Hitachi Vantara and William Blair and MVP acted as financial advisors to REAN Cloud.
For more information about Hitachi Vantara’s intent to acquire REAN Cloud, read the blog post from Bobby Soni: https://www.hitachivantara.
About REAN Cloud
REAN Cloud, a global cloud systems integrator and Managed Service Provider (MSP), is a Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) and a Microsoft Azure Silver Partner. REAN Cloud offers managed and professional services and solutions for hyperscale integrated IaaS and PaaS providers and is one the few systems integrators capable of supporting the entire cloud services life cycle. Backed by extensive security DNA and deep compliance IP and expertise, REAN Cloud specializes in helping enterprise customers that operate in highly regulated environments – Financial Services, Healthcare/Life Sciences, Education and the Public Sector – to get the most from their cloud investment while enabling them to accelerate the value gained from the cloud once there. REAN Cloud’s team has worked with global organizations, including the American Heart Association, Alexion Pharmaceuticals, Ditech Mortgage, Ellucian, Globus Genomics, Philips, PierianDx, SAP, Symantec, Teradata and Veritas. REAN Cloud solutions are bundled with advanced security features to help address clients’ compliance needs.
About Hitachi Vantara
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. The company combines technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers’ experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. The company’s experts work with organizations everywhere to drive data to meaningful outcomes. Visit us at www.hitachivantara.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE:6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges, combining its operational technology, information technology, and products/systems. The company’s consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.
HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.
Company Contact Mary Ann Gallo Hitachi Vantara Mary.ann.gallo@hitachivantara.com 408-970-7932
Hitachi Vantara To Acquire REAN Cloud
Deal Will Extend Hitachi Vantara’s Cloud Portfolio and Managed Services Capabilities To Accelerate Digital Transformations Across Public, Private and Hybrid Cloud Environments
SANTA CLARA, Calif., July 24, 2018 (GLOBE NEWSWIRE) — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today announced its intent to acquire REAN Cloud LLC, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces.
Founded in 2013, REAN Cloud has quickly been recognized as a leading cloud systems integrator, earning the status of AWS Premier Consulting Partner and Microsoft Azure Silver Partner. REAN Cloud’s deep hyperscale expertise and industry-leading infrastructure-as-code REAN Cloud Accelerator Platform enable highly automated, intelligent, scalable and secure cloud adoption and managed services. These services focus on delivering client business outcomes with significantly faster realization of business value. With 47Lining’s capabilities (acquired by REAN Cloud last year), REAN Cloud also delivers customized solutions for IoT analytics, predictive analytics and machine learning, allowing customers to more quickly unlock new business opportunities.
This acquisition will reinforce Hitachi Vantara’s ability to accelerate secure enterprise cloud adoption across multicloud environments and strengthen its ability to manage and operate traditional applications as well as emerging workloads in artificial intelligence and machine learning. Hitachi Vantara shares REAN Cloud’s passion for creating leading-edge solutions and will leverage REAN Cloud’s expertise to speed delivery of transformative digital solutions for its combined customers and partners.
“Our global customers across the Hitachi, Ltd., ecosystem are driving their own digital transformations to create competitive advantages in the marketplace,” said Brian Householder, chief executive officer of Hitachi Vantara. “Modernized infrastructure running both on and off premises and intelligent data governance and analytics are the foundational pillars of digital transformations. REAN Cloud powerfully extends Hitachi Ltd.’s existing portfolio for customers and partners in these areas.”
“Enterprises today want the ultimate flexibility in selecting the right environment for their varied workloads and development requirements. Moving and managing data and applications across environments requires careful orchestration through a unified cloud platform,” said Bobby Soni, chief solutions and services officer of Hitachi Vantara. “Hitachi Vantara already offers trusted and reliable private cloud solutions for customers who want pay-as-you-go experiences without having to move their data off premises. With REAN Cloud, we will be able to extend our unified cloud offerings to public and hybrid clouds, and we will enable customers to accelerate their digital transformations by deploying analytics-centric solutions to drive business outcomes.”
“When we first founded REAN Cloud, we understood the pivotal role that the cloud would play in transforming the way enterprises do business to reach their goals faster,” said Sri Vasireddy, managing partner of REAN Cloud. “As cloud adoption continues its rapid growth worldwide, we are truly excited to join forces with Hitachi Vantara, which shares our focus on shaping the future of digital transformation with innovative solutions. Our team looks forward to evolving REAN Cloud’s platform to accelerate customers’ outcome-based offerings.”
Once the acquisition closes, REAN Cloud’s founders will continue to lead and grow the business as an integral part of Hitachi Vantara’s Solutions and Services organization, led by Bobby Soni. REAN Cloud customers can expect continued high-quality services through REAN Cloud’s existing workforce, enhanced by Hitachi Vantara’s global delivery capabilities and leading digital solutions.
The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals. Financial terms of the deal are not being disclosed.
Citi acted as the exclusive financial advisor to Hitachi Vantara and William Blair and MVP acted as financial advisors to REAN Cloud.
For more information about Hitachi Vantara’s intent to acquire REAN Cloud, read the blog post from Bobby Soni: https://www.hitachivantara.
About REAN Cloud
REAN Cloud, a global cloud systems integrator and Managed Service Provider (MSP), is a Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) and a Microsoft Azure Silver Partner. REAN Cloud offers managed and professional services and solutions for hyperscale integrated IaaS and PaaS providers and is one the few systems integrators capable of supporting the entire cloud services life cycle. Backed by extensive security DNA and deep compliance IP and expertise, REAN Cloud specializes in helping enterprise customers that operate in highly regulated environments – Financial Services, Healthcare/Life Sciences, Education and the Public Sector – to get the most from their cloud investment while enabling them to accelerate the value gained from the cloud once there. REAN Cloud’s team has worked with global organizations, including the American Heart Association, Alexion Pharmaceuticals, Ditech Mortgage, Ellucian, Globus Genomics, Philips, PierianDx, SAP, Symantec, Teradata and Veritas. REAN Cloud solutions are bundled with advanced security features to help address clients’ compliance needs.
About Hitachi Vantara
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. The company combines technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers’ experiences, develop new revenue streams, and lower the costs of business. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. The company’s experts work with organizations everywhere to drive data to meaningful outcomes. Visit us at www.hitachivantara.com.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE:6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges, combining its operational technology, information technology, and products/systems. The company’s consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.
HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.
Company Contact Mary Ann Gallo Hitachi Vantara Mary.ann.gallo@hitachivantara.com 408-970-7932
Government anticipates forest and land fires ahead of Asian Games
Jakarta (ANTARA News) – The government is preparing a number of anticipatory measures to overcome the potential of forest and land fires, ahead of the 2018 Asian Games in Jakarta and Palembang.
“The steps have been many and easily manageable,” Minister of Environment and Forestry Siti Nurbaya Bakar stated, after a coordination meeting on anticipation of forest and land fires ahead of the Asian Games in the Coordinating Ministry for Economic Affairs Building, here, on Tuesday.
Bakar explained that the anticipatory steps to prevent forest and land fires is mostly carried out in South Sumatra, such as water bombing and weather modification for rain.
In addition, she added that the government has also set up various surveillance posts in certain hotspots by providing guidance to farmers on the method of planting oil palm ahead of the planting season and arresting those who burn land.
“Fires can be prevented by developing agricultural land without burning, because the farmers may plant the palm again; therefore, the planter should be guided by officials of the Agriculture Ministry,” the minister noted.
The government, she further continued, is also committed to maintaining communications with private companies investing in palm oil, so that the peatland programs continue to work well to prevent forest and land fires.
“Hundreds of plantation companies and industrial timber estates (HTI) are preparing the plan well,” Bakar explained.
With these efforts, she is optimistic that the Asian Games, especially in Palembang, would not be disturbed by smoke from forest fires and land around South Sumatra.
According to the plan, Palembang will host a number of 2018 Asian Games sports, including womens soccer, beach volleyball, tennis, canoeing, rowing, shooting, triathlon, takraw, and rock climbing.
The 2018 Asian Games will be held in Jakarta and Palembang from Aug 18 to Sept 2.
Source: ANTARA News
Enggartiasto to drum up GSP support from U.S. importers
Jakarta (ANTARA News) – Trade Minister Enggartiasto Lukita said he would drum up support from U.S. importers to maintain the Generalized System of Preferences (GSP) facility for certain Indonesian commodities exported to the worlds largest economy.
The Indonesian government is concerned with the U.S. governments plan to review its policy of giving the GSP facility for a number of Indonesian commodities.
U.S. importers also need the GSP policy to sustain their business, Engartiasto said here on Tuesday.
“Indonesia understands the U.S. plans to review its GSP facility policy, but Indonesia hopes that the result of the review would not affect Indonesian exports to the United States and would not have its impact on U.S. industry benefitting from the GSP scheme,” Enggartiasto said in a written statement.
Enggartiasto said U.S. importers are actively involved in a hearing with their government in the process of reviewing the GSP scheme received by a number of developing economies including Indonesia.
He said GSP benefits both Indonesian exporters and U.S. importers and industries.
GSP is a U.S. form of assistance exempting certain export commodities of developing countries including Indonesia from import duty . In April 2017, the U.S. government decided to review the assistance for a number of those countries including Indonesia.
The Trade Minister, therefore, is seeking to drum up support from the U.S. importers to talk the U.S. government into maintaining the GSP facility.
In 2017, Indonesias exports of commodities given the GSP facility exported to the United States were valued at US$1.9 billion- much smaller than Indias exports of US$5.6 billion for India and Brazils US$2.5 billion under the GSP scheme.
Indonesias commodities given the GSP facility included rubber tires, vehicles cables, gold, fatty acid, metal ornament, hand gloves, musical instruments, aluminum, keyboards, batteries, etc.
Indonesia is also seeking to persuade the U.S. government not to raise its import duties in steel and aluminum, the Minister said, adding an increase in the import duties on the two commodities would also hurt the U.S. industries.
President Trump already signed a decision to raise the import duty on steel to 25 percent and on aluminum to 10 percent in March , 2018.
Indonesia exported US$112.7 million worth of steel products to the United states or 0.3 percent of the U.S. steel market in 2017. The exports were small in value on anti dumping import duty and countervailing duty already long slapped by the United States on Indonesian steel products U.S.
Meanwhile, exports of aluminum to that country in 2017 were valued at US$212 million or 1.2 percent of the U.S. market.
The aluminum export value contributed 50 percent to the countrys total export value of that commodity
Source: ANTARA News
