Singapore/Japan, March 26, 2025 – Hitachi, Ltd. (TSE: 6501, “Hitachi”) and International Centre for Industrial Transformation Ltd. (“INCIT”) announces today that Hitachi will partner with INCIT to implement Smart Industry Readiness Index (SIRI) and XIRI-Analytics to accelerate the digital transformation of Hitachi’s global manufacturing operations.
In the next Mid-Term Management Plan, Hitachi aims to realise a “True One Hitachi” with digital at its core and to further grow the Social Innovation Business. To achieve this sustainable growth, it is essential to leverage Hitachi’s strengths in IT, OT, and products, and to accelerate the creation of unique value globally. In this context, it is necessary for the business divisions that handle products to build a production system that carries out all stages from design to manufacturing at optimal locations in Japan and overseas. It is also important to combine global manufacturing know-how with digital technology. Hitachi has been working to optimise the entire value chain from development to manufacturing and maintenance, and to enhance smart factories. In 2020, Hitachi was the first Japanese company to be selected as a “Lighthouse”, the world’s advanced factories.
INCIT’s SIRI, which will be introduced at this time, is a method for assessing the digital maturity of manufacturers and is the first such method offered by an independent, non-governmental organisation in the world. XIRI-Analytics, a global analytics platform used in 67 countries, 12 industries, and 57 sub-segments, is designed to support manufacturers in digital transformation regardless of scale of the business or industry. With XIRI-Analytics, stakeholders can make more informed decisions and accelerate their efforts to improve digital transformation in manufacturing, sustainability, and ESG assessments.
Until now, Hitachi has been using its own methods based on the deep knowledge of factory staff to evaluate progress in areas such as the digitalisation of manufacturing departments and design capabilities. From now on, by combining Hitachi’s know-how with SIRI and XIRI-Analytics, it will be possible to conduct objective benchmarking using INCIT’s wide range of industry data to understand the company’s global position and digital transformation priorities toward Industry 4.0. By combining Hitachi’s manufacturing and digital expertise with INCIT’s analytical capabilities, Hitachi aims to further accelerate the transformation of the manufacturing sector and to improve global competitive advantage, growing its Social Innovation Business.
Read the full news release here: English and Japanese
About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. They solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting their customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonised 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, they aim for growth through co-creation with their customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website here.
About INCIT
The International Centre for Industrial Transformation (INCIT) is an Environmental, Social, and Governance (ESG) institution which champions manufacturing transformation. As an independent non-profit entity, INCIT (pronounced as “insight”) collaborates with both public and private sector manufacturing-related organisations to support industrial transformation, to enable global manufacturing to become more resilient and productive, and better positioned for future success.
We develop and deploy globally referenced frameworks, tools, concepts, training and certification programs for the international manufacturing community to raise awareness about the latest transformation developments and manufacturing trends, provide benchmarks that are international, publicly available and quantitative, and facilitate the sharing of learning points, challenges and best practices for industrial transformation.
For more information, please visit our company’s website here.
For media inquiries, please contact:
Charmaine Chong
Marketing Manager
International Centre for Industrial Transformation Ltd.
charmaine.chong@incit.org
INCIT Website
