news

IDC MarketScape names Hitachi Energy a Leader in Asset Performance Management for Worldwide Utilities

Feb 17, 2026 · Source: cision
IDC MarketScape names Hitachi Energy a Leader in Asset Performance Management for Worldwide Utilities

ZURICH, Feb. 17, 2026 -- Hitachi Energy, a global leader in electrification, has been recognized as a Leader in the IDC MarketScape: Worldwide Utilities Asset Performance Management (APM) 2025–2026 Vendor Assessment (Doc #US53008225, November 2025). The IDC study evaluated 12 APM providers by qualitatively and quantitatively assessing their capabilities and strategies regarding their offerings in the power and utilities industry.

IDC MarketScape Worldwide Utilities APM 2025-2026

"As utilities navigate the challenges of aging assets, clean-energy integration and grid modernization, APM solutions have become essential for achieving operational resilience, reducing costs and delivering sustainable outcomes across their organizations," said the IDC MarketScape.

"A modernized and data-driven approach to APM is now a strategic imperative for utilities," said John Villali, Senior Research Director, IDC Energy Insights. "Sophisticated APM solutions have become foundational to utilities' digital and energy-transition strategies. With its heritage in the utility sector, AI-driven APM solution and global customer base, Hitachi Energy is well-positioned to guide and support utilities across the world in this important and continuously evolving space."

According to the IDC MarketScape: "Hitachi Energy has deep domain expertise in the utilities sector, especially in the transmission and distribution subsegments. Its APM offering provides over 175 prebuilt models covering transformers, breakers, and substation assets."

Furthermore, the report notes: "Hitachi Energy can provide a fully integrated APM + enterprise asset management (EAM) + field service management (FSM) suite, which can provide a data-rich asset lifecycle management strategy that supports regional utility sector regulatory compliance across the globe."

"We're pleased to be recognized as a Leader in APM by one of the world's top technology research firms," says Andy Howell, Global Head of Enterprise Software Product Group, Hitachi Energy. "Hitachi Energy has the world's largest installed base in power transmission and distribution utilities. These same utilities are now adopting our integrated software solutions. Ultimately, IDC's recognition reflects what's most important: our customers' success."

Hitachi Energy APM is purpose‑built for utilities, bringing together asset health, reliability, and optimization into one suite. When integrated with enterprise asset management and work management systems, it enables a closed-loop of asset lifecycle workflows.

Backed by over a century's heritage of building and maintaining critical electricity transmission and distribution infrastructure across the world, including a library of more than 175 pre-built models for grid assets, Hitachi Energy APM allows utilities to prioritize the right maintenance, reduce failure risk, and optimize capital expenditures and operating expenses while meeting regulatory expectations.

Using AI-driven analytics and network-aware context, APM combines operational and historical data to strengthen reliability, safety, and cost performance across transmission and distribution. 

Hitachi Energy APM is part of the Asset & Work Management suite of solutions, which supports Hitachi's HMAX Energy portfolio of digitally enabled services. HMAX by Hitachi is a suite of next-generation solutions that brings the power of AI to social infrastructure.

To read the IDC MarketScape excerpt, please visit https://www.hitachienergy.company/qPC.

About IDC MarketScape

The IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Hitachi Energy

Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system. With an unparalleled installed base in over 140 countries, we co-create and build long-term partnerships across the utility, industry, transportation, data centers, and infrastructure sectors. Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD. 

https://www.hitachienergy.com

https://www.linkedin.com/company/hitachienergy

https://twitter.com/HitachiEnergy 

About Hitachi, Ltd.

Through its Social Innovation Business (SIB) that brings together IT, OT (Operational Technology) and products, Hitachi contributes to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates globally in four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – and the Strategic SIB Business Unit for new growth businesses. With Lumada at its core, Hitachi generates value from integrating data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2024 (ended March 31, 2025) totaled 9,783.3 billion yen, with 618 consolidated subsidiaries and approximately 280,000 employees worldwide. Visit us at www.hitachi.com.

Hitachi Logo

Photo - https://mma.prnewswire.com/media/2905011/HITACHI_ENERGY__IDC_MarketScape_APM.jpg

Logo - https://mma.prnewswire.com/media/2905010/HITACHI_ENERGY__Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/idc-marketscape-names-hitachi-energy-a-leader-in-asset-performance-management-for-worldwide-utilities-302689233.html

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

Bybit Launches RLUSD Hold & Earn with Boosted APR and Zero Spot Trading Maker Fee
news
Jul 20, 2026 1 min

Bybit Launches RLUSD Hold & Earn with Boosted APR and Zero Spot Trading Maker Fee

DUBAI, UAE , July 20, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, today announced the launch of RLUSD Hold & Earn , a limited-time rewards event featuring the Ripple USD (RLUSD) stablecoin. From now until August 19, 2026, eligible users can make the most of their RLUSD portfolios on Bybit whether they choose to hold, trade, or compete. RLUSD s market capitalization has grown to over 1.5 billion in 2026, with expanding institutional adoption including integrations with exchanges, major banks, and financial institutions.

Kennametal Unveils Next Level Shop Experience for IMTS 2026
news
Jul 20, 2026 1 min

Kennametal Unveils Next Level Shop Experience for IMTS 2026

Immersive booth brings live machining, industry experts, metal cutting innovations and a custom motorcycle build together under one roof PITTSBURGH , July 20, 2026 -- Kennametal Inc. (NYSE: KMT) today announced it will bring the modern manufacturing ecosystem to life at IMTS 2026 with the Next Level Shop , an immersive experience featuring appearances of WIDIA brand ambassador Carey Hart, a live custom motorcycle build and the latest machining and digital manufacturing technologies designed to help manufacturers improve productivity.

NYSE Content Update: Entry Deadline Nears for The Money Awards 2026
news
Jul 20, 2026 1 min

NYSE Content Update: Entry Deadline Nears for The Money Awards 2026

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK , July 20, 2026 -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today s NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on July 20th The major averages will look to bounce back as investors navigate a busy week of earnings and new developments in the Middle East. Money20/20 s VP of Awards, Granita Chesterson, will join NYSE Live to set the scene for the Money Awards 2026. Entry deadline is July 28, with winners to be announced on October 18. Event recognizes the most impactful work across fintech. Ava Labs VP of Onchain Finance, Morgan Krupetsky, will discuss how blockchain impacted ticket transactions at the FIFA World Cup. BMO (NYSE: BMO) and Rex Shares will ring the Closing Bell. Fund is part of the MicroSectors AI lineup of exchanged traded notes.

Robert Lewandowski Stars in CHERY's New Brand TVC, Bringing "For Family" to Life
news
Jul 20, 2026 1 min

Robert Lewandowski Stars in CHERY's New Brand TVC, Bringing "For Family" to Life

WUHU, China , July 20, 2026 -- On July 18, CHERY Brand launched its new brand TVC worldwide, featuring Robert Lewandowski, CHERY Brand Global Ambassador and one of football s most iconic No. 9s. Told through a daughter s perspective and voiceover, the film presents Lewandowski as a champion in the spotlight and as a father, a husband, and a guardian at home. Through this family perspective, the TVC gives CHERY s For Family brand proposition a warmer, more human expression, while reinforcing the brand s promise to safeguard peace of mind and joy on every journey through trusted quality and thoughtful technology.

Jazz Hipster Introduces 3-Way Bookshelf Speakers with Sealed Bass, Redefining Desktop Audio
news
Jul 20, 2026 1 min

Jazz Hipster Introduces 3-Way Bookshelf Speakers with Sealed Bass, Redefining Desktop Audio

TAIPEI , July 20, 2026 -- Jazz Hipster has introduced a new 3-way bookshelf audio platform positioned between compact studio monitors, desktop Hi-Fi systems, and premium lifestyle audio. Jazz Hipster Product Manager Ben Hsu said the platform was developed around three core ideas: compact size, deep bass extension, and digital connectivity. Instead of following the conventional 2-way bass-reflex approach used by many compact active speakers, the new design uses a 3-way sealed-box architecture to achieve 30Hz bass extension in a 275 150 170 mm enclosure.

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion
news
Jul 20, 2026 1 min

Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.78 Million Tokens, and Total Crypto and Total Cash Holdings of $11.5 Billion

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 96% of the way to the Alchemy of 5% in just 12 months Bitmine repurchased 5.5 million common stock in the past week, authorized under the previously announced 4 billion share repurchase program Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 4,917,189 staked ETH, representing 9.2 billion at 1,879 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

IIM Udaipur Hosts First Convocation Ceremony for Executive MBA Program
news
Jul 20, 2026 1 min

IIM Udaipur Hosts First Convocation Ceremony for Executive MBA Program

UDAIPUR, India , July 20, 2026 -- The Indian Institute of Management Udaipur (IIMU) hosted the first Convocation Ceremony for its Executive MBA program, marking a significant milestone for the Institute and its graduating Class of 2026. The ceremony commenced with an address by Prof. Ashok Banerjee, Director, IIM Udaipur, followed by the conferral of MBA degrees. Mr. Abhay Baijal, Managing Director, Chambal Fertilisers & Chemicals Limited, graced the occasion as the Chief Guest and delivered the Convocation Address. The ceremony also included the presentation of the IIM Udaipur Gold Medal for Scholastic Performance.

Manufacturers are improving OT remote access, but third-party access governance still lags behind, says Secomea
news
Jul 20, 2026 1 min

Manufacturers are improving OT remote access, but third-party access governance still lags behind, says Secomea

Industry research highlights a growing gap between operational speed and third-party access governance in manufacturing COPENHAGEN, Denmark , July 20, 2026 -- As manufacturers continue to strengthen their cybersecurity following a wave of ransomware attacks targeting industrial organizations, attention is shifting beyond secure remote connectivity to a new challenge: governing third-party access across operational technology (OT) environments.