Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced the next evolution of its partnership with Cisco (NASDAQ: CSCO), introducing an innovative suite of hybrid cloud services designed to address ongoing data management challenges faced by modern enterprises. The joint offering, Hitachi EverFlex with Cisco Powered Hybrid Cloud, is unique because it integrates automation solutions and predictive analytics to give organizations a future-proof portfolio for advanced infrastructure management, cost efficiency, and operational effectiveness.
While companies are increasingly relying on hybrid cloud environments to modernize their current infrastructure, they also face tightening budgets, rising costs, and heightened demand for innovation. A recent study indicates that these factors have pushed more than 70% of global leaders to embrace consumption-based models such as IT as a Service (ITaaS) to help them combat ongoing modernization issues – a trend that's expected to rise. According to Gartner®, by 2028, consumption-based Storage as a Service (STaaS) will replace over 35% of enterprise storage capex, up from less than 10% in 2023.
Hitachi EverFlex with Cisco Powered Hybrid Cloud is purposefully crafted to confront these challenges head-on. By combining Hitachi Vantara's proficiency in storage, infrastructure, managed services, and hybrid cloud management with Cisco's expertise in networking and computing, the comprehensive offering provides a consistent experience whether used on-premises or in the cloud. Available in various levels of customization and through Hitachi Vantara's partner ecosystem, it offers complete flexibility with a support and consumption-based model that delivers cost efficiencies through pay-per-use pricing and resilient, scalable solutions without requiring upfront investment. The diverse portfolio includes Infrastructure as a Service (IaaS), STaaS, Containers as a Service (CaaS) data protection, managed operations services, professional services, and learning services, among others.