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State: 17.08.2024 | 11PM
Tue, 24.09.2024       Hitachi
JP3788600009

U.S. leads the way with more than 50% quarter-over-quarter growth; global partners see 106% attributable operating profit

The launch of Virtual Storage Platform One for Block, File, and SDS Cloud drove customer demand for simplified and streamlined hybrid cloud management  

SANTA CLARA, Calif., Sept. 24, 2024 /PRNewswire/ -- Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501) today announced significant growth in its data storage business in the first quarter of the company's 2024 fiscal year (ended June 30). In particular, the company saw a 27% increase of quarter-over-quarter (Q/Q) product revenue growth compared to Q1 FY23, exceeding the market CAGR of 11.31%. The growth was even more pronounced in the United States, which saw an increase of 54% Q/Q compared to the previous year.

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