Hitachi Systems: Reorganization of North American Group Companies for Expanding Global Managed Services

Business Wire India

Hitachi Systems, Ltd. ("Hitachi Systems"), a wholly owned subsidiary of Hitachi, Ltd. (TOKYO: 6501), today spoken that Cumulus Systems Inc. ("Cumulus Systems") and Hitachi Systems Security Inc. ("Hitachi Systems Security"), its group companies in North America, will be reorganized in order to strengthen managed services (superior security services, wide performance analytics services, etc.) for global markets, with the objective of remoter expanding global businesses.

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Supplementary Information (Graphic: Merchantry Wire)

Reorganization of North American Group Companies

Effective October 1, Cumulus Systems will transpiration its corporate name to Hitachi Systems Trusted Cyber Management Inc. ("Hitachi Systems TCM") and will take Hitachi Systems Security as its subsidiary. Furthermore, Hitachi Systems TCM will reap Hitachi Systems Security USA, Inc. through an absorption-type merger.
As a result, Hitachi Systems TCM will take Hitachi Systems Security, a security service visitor in Canada, and Cumulus Systems Private Ltd., a minutiae visitor in India, as its subsidiaries, promoting a managed security service merchantry strategy that utilizes the wits and technology of both companies.

Executive Structure for Hitachi Systems TCM

With this reorganization, the group companies responsible for the security merchantry will participate in the management of Hitachi Systems TCM to strengthen its executive structure and globally expand our managed security service business.
Hitachi Systems TCM will sublease Scott Wiebe as CEO. Scott Wiebe is the current CEO and CFO of Cumulus Systems, a world-class engineering visitor that has evolved performance analytics technology since 2006. In addition, Anthony Subero, current CEO of Hitachi Systems Security, which has been providing security and privacy services in North America and Europe since 1999, will be meantime scheduled as COO. Also, Motoaki Yamamura, current Vice President of Secure Brain Corporation, a Japanese visitor which has been providing cutting-edge technology specializing in cyber security since 2004, will be meantime scheduled as CSO.

Goal of the Reorganization and Future Direction

On April 1 of this year, Hitachi, Ltd. established Hitachi Digital LLC ("Hitachi Digital")^*1 based in North America, an zone where the digital market is growing rapidly. Hitachi Digital will take the lead in establishing and executing a digital strategy wideness the Hitachi Group and aims to maximize synergy with other sectors in Hitachi to slide the expansion of the Lumada^*2 merchantry for the unshortened Hitachi Group.

Under Hitachi's digital strategies, Hitachi Systems TCM will combine the technical skills of Cumulus Systems with the security technology and wits of Hitachi Systems Security to enhance the security service platform. With this enhancement, we will:

• develop pro-active security monitoring services which snift and report cyber risks surpassing they wilt threats,
• pursue increasingly sophisticated threat intelligence, and
• continue conventional security monitoring services which snift threats.

By doing so, we will create new security services that can increase the value for customers and expand our merchantry into North America and Europe. Furthermore, Hitachi Systems TCM will modernize its SOC (Security Operations Center) in India as well as its worthiness to provide security professional services to aim to establish its status as a top global security vendor.

In addition, Hitachi Systems considers India to be a strategic zone for expanding global business. Hitachi Systems TCM will work in collaboration with Hitachi Systems India Pvt Ltd ("Hitachi Systems India"), utilizing their vast wits in the Indian market, their wide technological expertise, and the comprehensive strength of the Hitachi Group, the global technology leader, in order to unhook the expertise required to manage a range of digital ecosystems from subscription to deject and unhook wide security services.

*1 Hitachi Digital LLC was renamed from Hitachi Global Digital Holdings LLC, expanding the role and functions of Hitachi Global Digital Holdings, a corporate organization that had previously overseen the digital merchantry of the IT sector.
*2 Lumada is the name of Hitachi's wide digital solutions and services for turning data into insights that momentum digital transformation of social infrastructure.

Comment by Jun Taniguchi, CEO of Hitachi Digital

In North America and the rest of the global market, the demand for DX in social infrastructure fields such as energy, transportation, and industrial fields is expected to increase. Security is a very important field for us to commercialize strategic themes wideness the Hitachi Group and to create and provide customers with innovative value through OT x IT x Products. Hitachi Digital will strongly interreact with the newly launched Hitachi Systems TCM to globally expand its Lumada business.

Comment by Scott Wiebe, CEO and CFO of Cumulus Systems

Cumulus Systems has continuously created value for its customers by towers a world-class engineering team with a focus on performance analytics tools, software engineering, and professional services. We have unromantic this value to Hitachi Systems Security over the past several years by providing security engineering services and security services operation. By combining the two entities into Hitachi Systems TCM, we will protract to capitalize on the convergence of technology, knowledge, and process, and we are looking forward to providing enhanced value to our customers in North America, Europe, India, and Japan.

Comment by Anthony Subero, CEO of Hitachi Systems Security

With this reorganization, we will provide our customers upper levels of availability and reliability for their hair-trigger merchantry systems, through the adoption of proven cybersecurity, privacy, and performance analytics tools/solutions.
The true strength of this merger, however, lies in bringing together a personnel of globally experienced and professional experts, that can bring enhanced value to staff and global clients. I am indeed excited well-nigh the future!

Comment by Anuj Gupta, CEO of Hitachi Systems India

Hitachi, Ltd. has designated India as an important region in its global strategy owing to the rapid growth of the IT services industry in India. Hitachi Systems, a cadre visitor in the Hitachi Group's information and telecommunication systems business, has been urgently promoting initiatives centered on Hitachi Systems India to secure its IT service merchantry foundation and expand its merchantry in India. Our key focus is on security and services merchantry domains, in wing to our conventional sales of products and maintenance services. We are excited to welcome Hitachi Systems TCM's wide security services to our portfolio. Hitachi Systems India will contribute to not only its huge consumer wiring with the weightier of its services but moreover to the Indian government and other companies undergoing rapid growth.

Overview of Hitachi Systems TCM (as of October 1, 2022)

Overview of Cumulus Systems (as of September 1, 2022)

Overview of Hitachi Systems Security (as of September 1, 2022)

About Hitachi Systems

Hitachi Systems is a leading IT service provider specializing in developing and implementing merchantry systems for customers of diverse sectors and sizes. We moreover operate, monitor, and maintain those systems by using a multi-tiered service infrastructure comprising data centers, network and security operations centers, contact centers, and a nationwide network of virtually 300 service sites. Hitachi Systems assists customers with their digital transformation needs and works with them in creating new value by delivering unique services that leverage our diverse human wanted and wide IT solutions. We strive to wilt a global service visitor that earns the well-constructed trust of customers.
For increasingly details, please refer to https://www.hitachi-systems.com/eng/

About Cumulus Systems

Cumulus Systems is a visitor in the USA specializing in the minutiae and sale of tools for analyzing the performance of platforms including various operating systems, virtual environments, and storage. They became a Hitachi Systems group visitor in 2012. They have a highly-skilled minutiae subsidiary, Cumulus Systems Private Ltd., in India. Not only are they engaged in the sale of performance wringer tools for hardware manufacturers and system integrators on the global market, they moreover provide software minutiae services leveraging their technical skills. In recent years, they have moreover wilt involved in the security monitoring services provided by Hitachi Systems Security.
For increasingly details, please refer to http://www.cumulus-systems.com/

About Hitachi Systems Security

Hitachi Systems Security is a visitor in Canada specializing in security technology. They became a Hitachi Systems group visitor in 2015. With SOCs (Security Operations Centers) in Canada and Switzerland, they provide managed security services for monitoring security risks to consumer systems as well as security consulting services including security risk vulnerability diagnoses and privacy regulation support, primarily in North America and Europe.
For increasingly details, please refer to https://hitachi-systems-security.com/

* Visitor names and product names included in this information are the trademarks and registered trademarks of each company.

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