Kurita Water Industries and Hitachi Launch a Co-creation to Implement Solution in Society and Build an Ecosystem for a Sustainable Society with "Zero Environmental Impact"
TOKYO, Jan 26, 2023 - (JCN Newswire) - Kurita Water Industries Ltd. and Hitachi, Ltd. recently concluded a memorandum of understanding (MOU) after reaching an agreement on launching a co-creation to implement solution in society and build an ecosystem with a focus on manufacturing industry and with a view to a sustainable society. The two companies will accelerate efforts to implement solutions in society for realizing "zero environmental impact" in the supply chain by combining solutions and technologies and partnering other companies and organizations that sympathize with the vision.
|Concept of co-creation between Kurita Water Industries and Hitachi|
Details of the co-creation
The two companies will define social value with a focus on the manufacturing industry, and provide solutions to customers by creating a value creation model that combines Kurita's diverse points of contact with customer sites in a wide range of industries, water treatment and waste reduction technologies, and digital solutions with Hitachi's technologies and expertise, including Lumada(1) solutions such as environmental data visualization, analysis, and environmental impact reduction technologies (ex. energy circulation using hydrogen).
For example, the two companies aim to build a supply chain that maximizes the value of resources by considering organic waste from manufacturing process of food factories etc. as resources and combining the two companies' upcycling/energy recovery technologies and the Lumada Solution as a mechanism for verifying the circulation of resources.
The two companies will continue to discuss a variety of themes for the co-creation, and will also actively work to build an ecosystem with companies who agree with their vision by utilizing Hitachi's Lumada Alliance Program(2). Through these activities, Kurita and Hitachi will address challenges such as the preservation and improvement of water resources and sustainable energy use and will contribute to achieving a sustainable society.
The United Nations adopted the SDGs in 2015. The Paris Agreement is a new international framework for causes such as a reduction of greenhouse gas emissions. The Japanese government advocates Society 5.0. These initiatives, among many others aimed at making society sustainable and enhancing people's Quality of Life, have accelerated in recent years. Social issues have grown more extensive and require more advanced action. In addition to advances in the digitalized society, these changes will increasingly gain momentum after the COVID pandemic and other catalysts.
Initiatives leading to co-creation
Kurita is committed to solving social issues through its business activities in the areas of water and the environment by means of many different solutions created from the "water knowledge" which the Company has accumulated for many years. The Company creates social value by focusing on the development of products, technologies and business models that are significantly effective in saving water and reduction of CO2 emissions and waste and contribute to achieving SDGs and their specific targets.
Hitachi combines product/OT(3), which it has accumulated for many years as a manufacturer, with IT and offers Lumada solutions that accelerate DX (digital transformation) through co-creation with customers. By doing so, the Company develops a social innovation business to maintain society within the planetary boundary and help each individual to achieve wellbeing while contributing to solving ever-complex social issues.
Kurita and Hitachi, with an eye toward a sustainable society in response to the changing society, concluded that both of their technologies and expertise would contribute to increasing value for customers and society. Since March 2021, the two companies have been discussing the possibility of co-creation by using Hitachi's unique Lumada co-creation approach that generates new value and ideas not seen before. This led to the recent conclusion of MOU after the both companies reached an agreement on accelerating the efforts to implement in society the solutions for achieving "zero environmental impact" in the supply chain through the combining of the two companies' solutions and technologies and gaining partners in pursuit of creating businesses to build an ecosystem.
The two companies have already started working on co-creation in DX for the management of steel mill raw material yards(4). After the recent conclusion of the MOU, the scope of discussion for realization of sustainable society will be expanded and the co-creation will be accelerated.
(1) Lumada: A collective term for solutions, services and technologies based on Hitachi's advanced digital technologies for creating value from customers' data accelerating digital innovation
(2) Lumada Alliance Program: A program for building an ecosystem through a community of open innovation characterized by matching with many different partners, with the aim of accelerating social innovation to solve the social issues that would be hard for a single company alone to solve and thereby create value
(3) OT: Operational Technology
(4) A news release published by Kurita Water Industries and Hitachi on September 27, 2022 "Kurita Water Industries and Hitachi Launch DX Co-creation for Managing Steel Mill Raw Material Yards"
About Kurita Water Industries Ltd.
Based on our corporate philosophy to "study the properties of water, master them, and create an environment in which nature and humanity are in harmony," Kurita provides customers with value to realize a sustainable society through our business activities in water and the environment. Seeing CSR as central to our business management, we operate under the four themes of "Solve issues related to water resources," "Realize sustainable energy use," "Reduce waste," and "Advance industrial production technologies" to create value throughout society and provide customers with products, technologies, and a business model making major contributions to water conservation, reducing carbon emissions, and reducing waste.
In fiscal 2021 (the year ended March 2022), Kurita had consolidated sales revenue of 288.2 billion yen. As of March 2022, the Company has 70 consolidated subsidiaries employing 7,661 people worldwide.
Visit the Kurita website for more information (www.kurita.co.jp/english/index.html).
About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at www.hitachi.com.
Source: Hitachi, Ltd.
Sectors: Cloud & Enterprise, Environment, ESG
Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Press Release
More Latest Release >>
Eisai to Present Research from Oncology Portfolio at The Society of Gynecologic Oncology (SGO) 2023 Annual Meeting on Women's Cancer
Mar 24, 2023 13:22 JST
Mitsubishi Corporation: PoC Launched in Portland, Oregon to Develop Smart Multifamily Apartment
Mar 24, 2023 11:02 JST
MHI and PLN Nusantara Power to Jointly Investigate Co-Firing with Hydrogen, Ammonia and Biomass in Indonesia's Power Plants
Mar 24, 2023 10:26 JST
MHI Thermal Systems to Launch 22 Models of Residential-use Room Air Conditioners for the Japanese Market in 2023 (Domestic sales only)
Mar 24, 2023 10:17 JST
Fujitsu Announces Start of Acceptance Period of Takeover Offer for GK Software
Mar 23, 2023 20:28 JST
The Hitachi Group has started a strategic cooperation with the leading operator of non-cash payments Polskie ePlatnosci in the development of software and IT systems
Mar 23, 2023 18:10 JST
Eisai to Present New Lecanemab Data, Including Research Evaluating Safety Profile, Clinical Outcomes and Quality of Life Measures, as Well as Other Important Alzheimer's Disease Research, at the AD/PD 2023 Annual Meeting
Mar 23, 2023 13:30 JST
Fujitsu and Osaka University develop new quantum computing architecture, accelerating progress toward practical application of quantum computers
Mar 23, 2023 11:14 JST
Fujitsu named a "Nadeshiko Brand" company for promoting women's success
Mar 22, 2023 16:45 JST
Mitsubishi XRT Concept to Debut at Bangkok International Motor Show 2023
Mar 21, 2023 15:00 JST
Toyota Launches the C+walk S in Japan, a New Form of Walking-Assistance Mobility
Mar 20, 2023 18:00 JST
Another record win for Ogier aboard the GR YARIS Rally1 HYBRID
Mar 20, 2023 14:41 JST
TOYOTA GAZOO Racing secures Sebring one-two
Mar 20, 2023 14:25 JST
Eisai Publishes Societal Value of Lecanemab Using Phase 3 Clarity AD Data in Peer-Reviewed Neurology and Therapy Journal
Mar 20, 2023 11:18 JST
Liquid Hydrogen-Powered Corolla to be Absent from Round 1 of the Super Taikyu Series at Suzuka Development to Continue for Fuji 24 Hours Race
Mar 20, 2023 09:48 JST
Mitsubishi Heavy Industries Power IDS to Upgrade Steam Turbine Generators at Incineration Plant in Taiwan
Mar 17, 2023 22:35 JST
Fujitsu Small Research Lab program strengthens industry-academia collaboration with growing global R&D network
Mar 17, 2023 10:31 JST
Fujitsu and Ochanomizu University establish new AI ethics research lab, leveraging AI technologies to promote gender equality
Mar 17, 2023 10:13 JST
TANAKA Establishes New Overseas Subsidiary in Seoul, Korea
Mar 16, 2023 11:00 JST
TANAKA Establishes New Overseas Subsidiary in Seoul, Korea
Mar 16, 2023 11:00 JST