Hitachi Vantara again tops India's high-end storage market
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New Delhi: Hitachi Vantara, a subsidiary of Japanese tech conglomerate Hitachi Ltd on Wednesday announced significant growth and achievements during the financial year 2022 (FY22) and the first quarter (Q1) FY23 for its India market, and topped high-end data storage market for the third consecutive year.
The company experienced 63 per cent (year-on-year) revenue growth for its data infrastructure business in India in FY22, with 108 per cent growth in its product revenue, underscoring the strong demand for its cutting-edge data infrastructure solutions and services. In Q1 FY23, Hitachi Vantara continued its upward trajectory with 55 per cent (year-on-year) revenue growth, while its product revenue soared by 88 per cent, solidifying the company's reputation for delivering innovative end-to-end data solutions.