SANTA CLARA, Calif. – Jan. 31, 2024 – Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the next evolution of its partnership with Cisco (NASDAQ: CSCO), introducing an innovative suite of hybrid cloud services designed to address ongoing data management challenges faced by modern enterprises. The joint offering, Hitachi EverFlex with Cisco Powered Hybrid Cloud, is unique because it integrates automation solutions and predictive analytics to give organizations a future-proof portfolio for advanced infrastructure management, cost efficiency, and operational effectiveness.

Click here to learn more about Hitachi Vantara's partnership with Cisco: https://www.hitachivantara.com/en_us/partners/cisco.html

While companies are increasingly relying on hybrid cloud environments to modernize their current infrastructure, they also face tightening budgets, rising costs, and heightened demand for innovation. A recent study indicates that these factors have pushed more than 70% of global leaders to embrace consumption-based models such as IT as a Service (ITaaS) to help them combat ongoing modernization issues – a trend that's expected to rise. According to Gartner®, by 2028, consumption-based Storage as a Service (STaaS) will replace over 35% of enterprise storage capex, up from less than 10% in 2023.

Hitachi EverFlex with Cisco Powered Hybrid Cloud is purposefully crafted to confront these challenges head-on. By combining Hitachi Vantara's proficiency in storage, infrastructure, managed services, and hybrid cloud management with Cisco's expertise in networking and computing, the comprehensive offering provides a consistent experience whether used on-premises or in the cloud. Available in various levels of customization and through Hitachi Vantara's partner ecosystem, it offers complete flexibility with a support and consumption-based model that delivers cost efficiencies through pay-per-use pricing and resilient, scalable solutions without requiring upfront investment. The diverse portfolio includes Infrastructure as a Service (IaaS), STaaS, Containers as a Service (CaaS) data protection, managed operations services, professional services, and learning services, among others.

Additionally, the offering brings together several key capabilities:

• HIOaaS and Intersight: Hitachi Infrastructure Orchestration as a Service (HIOaaS) and Cisco Intersight^® offer full observability, delivering cloud-like management for on-premises and cloud environments, enabling strong performance analytics, hybrid cloud observability, and efficient automation.
• Managed Services Operating Model: Leveraging extensive experience from numerous implementations, the managed services operating model ensures seamless operational transitions, informed decision-making, and expedited provisioning without the need for dedicated IT staff. Typically, Hitachi Managed Services has reduced customer total cost of ownership (TCO) by 30-50%.
• Hitachi EverFlex Consumption Model: Hitachi Vantara's elastic consumption model ensures flexible, pay-per-use solutions for hybrid cloud and on-premises environments.

"According to a recent survey, nearly half of businesses are struggling to navigate complex cloud landscapes," said Kimberly King, Senior Vice President of Strategic Partners and Alliances, Hitachi Vantara. "Hitachi EverFlex with Cisco Powered Hybrid Cloud is a strategic response to modern enterprise needs. Our ability to deliver both through our partners and Cisco's network directly tackles the complexity challenge by providing strong IT operational capabilities that can be scaled based on customer data management needs. This partnership enables businesses to establish a robust data foundation today so that they are prepared for future innovation."

Hitachi EverFlex with Cisco Powered Hybrid Cloud delivers impactful outcomes for customers through:

• Hybrid Cloud Acceleration: Seamlessly facilitates a hybrid cloud environment, enabling data storage and processing across diverse locations.
• Efficiency through Automation: Automates routine tasks, enhancing operational efficiency and reducing human errors through IaaS.
• Security and Compliance: Implements comprehensive security strategies and compliance measures, ensuring data encryption, access controls, and threat prevention.

"Our joint efforts with Hitachi Vantara around hybrid cloud managed services support a holistic approach to achieving customers' business outcomes," said Alexandra Zagury, Vice President of Partner Managed and as-a-Service Sales, Cisco. "Our combined portfolio, including Hitachi Infrastructure Orchestration as-a-Service (HIOaaS), deliver the reliability, flexibility and insights that allow the customer to be more agile in today's dynamic business environment. And the Partner-to-Partner model taps into one of the biggest growth drivers in the industry right now by providing customers with more choice and partners with the opportunity to build offers around their competencies."

"Hitachi Vantara and Cisco, as two giants in data infrastructure, are together able to leverage their unique strengths to deliver a comprehensive managed services offering that empowers businesses navigating the dynamic digital landscape," said Ashish Nadkarni, Group Vice President and General Manager, Worldwide Infrastructure Research at IDC. "These types of strategic offerings between trusted industry leaders are instrumental in effectively addressing the mounting complexities enterprises face on their hybrid cloud journeys."

"As a long-time partner to both Hitachi Vantara and Cisco, we recognize the tremendous value this joint initiative brings to the table," said Axel Heitmann, Director of Data Center and Networking, Computacenter. "This presents a compelling opportunity for partners and resellers, amplifying our ability to deliver customized hybrid cloud services for our customers."

For more information about Hitachi EverFlex with Cisco Powered Hybrid Cloud and its impact on modernizing hybrid cloud solutions, please visit https://hitachivantara.com/en-us/services/infrastructure-managed-services/cisco.html.

Additional Resources

• Blog: Drive Flexible Infrastructure Consumption, Automation and Orchestration for All
• Insights: Time to Rethink the Cloud
• Blog: A New Kind of Hybrid Cloud, Built for Partner Simplicity
• Blog: Cisco and Hitachi Vantara Simplify Hybrid Cloud Adoption with New IaaS and Flexible Consumption Options
• Press Release: Hitachi Vantara, Cisco Sign New Strategic Partner Agreements to Help Customers Simplify Hybrid Cloud Management
• Blog: Realize significant value with a true consumption model, increased performance, and comprehensive services
• Blog: The Superpower of Partnership: Cisco and Hitachi Vantara Deliver Best-in-class Solutions

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About Hitachi Vantara

Hitachi Vantara is transforming the way data fuels innovation. A wholly owned subsidiary of Hitachi Ltd., Hitachi Vantara provides the data foundation the world's leading innovators rely on. Through data storage, infrastructure systems, cloud management and digital expertise, the company helps customers build the foundation for sustainable business growth. To learn more, visit www.hitachivantara.com.

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the business structure of "Digital Systems & Services" - supporting our customers' digital transformation; "Green Energy & Mobility" - contributing to a decarbonized society through energy and railway systems, and "Connective Industries" - connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company's consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on X at @Cisco.

HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.

MEDIA CONTACTS

Dallas Britt
Hitachi Vantara
Dallas.britt@hitachivantara.com
1-336-965-9349

Andrew Cole
Cisco
andrcole@cisco.com
1-647-612-2653