Earlier in June, Hitachi has explained their strategy in the strategy paper they present to their investors. It is as always a good opportunity to have a non-European perspective on the global railways market. This particular year, it also shines a light at Hitachi’s reasons for acquiring Ansaldo. The consolidated order backlog has risen significantly, mostly due to the systems business.
At the same time, Hitachi moved to the big table, with CRRC, Bombardier, Siemens and Alstom, providing full systems. Their intention to move more into turnkey projects and operation and maintenance contracts as well as leveraging the Hitachi internet of things aproach into railways shows in my opinion, that they seek to go more long term and creating long lasting revenue streams.