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Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

July 1, 2020

Hitachi Australia strengthens partnership with data engineering firm BizCubed to deliver Smart Platforms-as-a-Service (PaaS) in support of Digital Innovation

Working together to deliver innovative digital solutions for Oceania

Sydney, July 1, 2020 - Hitachi Australia Pty. Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501; “Hitachi”), has solidified its relationship with BizCubed Pty. Ltd. (“BizCubed”) by establishing a strategic partnership to deliver initiatives that co-create socially innovative solutions for the Oceania region.

Hitachi has a stated goal to be a global leader of Social Innovation Business as per its 2021 Mid-term Management Plan. BizCubed is a leading company in industrial data engineering and has been a key delivery partner of Hitachi Australia since 2015. BizCubed was recently recognised by Hitachi for its work in advancing digital agriculture and smart farming, enabling Hitachi Australia to win the ‘Inspiration of the Year Global Award’ in 2019, which is Hitachi’s internal recognition program for initiatives showcasing Hitachi's core values.

Hitachi Australia and BizCubed will collaborate to develop digital solutions by bringing Hitachi’s world leading technology solutions to Australia and combining them with BizCubed’s Data Engineering and Enablement Platform (DEEP). Together, these technologies offer leading-edge capability in data engineering and social innovation to accelerate co-creation. These solutions will leverage Hitachi Lumada*1 and are initially targeted at Smart Agriculture and Smart Cities initiatives.

This partnership further affirms Hitachi’s commitment to developing world-class digital solution capability in Australia. In October 2019, Hitachi announced that it had entered into an agreement with the NSW government to establish a “Kyōsō Centre”*2 in Western Sydney to accelerate the growth of start-up companies and small to medium enterprises ("SMEs") through an open collaborative model to support economic development and job creation.

BizCubed is expected to play a significant role in delivering on the promise of the Kyōsō Centre, and this agreement is an important step along that journey.

On the Partnership:
“We are excited to bring our almost 15 years of experience in Australia to this partnership. BizCubed and Hitachi have already produced innovative outcomes for our shared customers, and we are excited to lean heavily into Hitachi’s forward-thinking initiatives of Smart Cities, Health, and Social Innovation. The size, scale, and expertise of Hitachi is a perfect complement to BizCubed’s engineering capability, and we look forward to the positive impact this will have on our community both locally and beyond" - Zachary Zeus, CEO, BizCubed Pty. Ltd.

“I have great expectations for building a stronger relationship with BizCubed and to grow the Social Innovation Business in the Oceania region together. Hitachi intends to accelerate its efforts in the Social Innovation Business and to promote "human-centric" innovations to address challenges brought about by COVID-19. Even in Oceania, we are aiming to improve people's daily lives and build a “people-centric” smart society. To achieve this, BizCubed's data management technology is pivotal, and I am convinced this partnership is a sure step towards this goal” - Chie Mashima, Managing Director, Hitachi Australia Pty. Ltd.

*1: Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation.
   https://www.hitachi.com/products/it/lumada/global/en/index.html

*2: Hitachi and New South Wales State Government agree to establish “Kyōsō Centre (collaborative creation centre)” to accelerate the creation of social innovation
   https://www.hitachi.com/New/cnews/month/2019/10/191023a.pdf

About Hitachi Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company’s consolidated revenues for fiscal year 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed approximately 301,000 people worldwide. Hitachi drives digital innovation across five sectors – Mobility, Smart Life, Industry, Energy and IT – through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation. Its purpose is to deliver solutions that increase social, environmental and economic value for its customers. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About BizCubed Pty. Ltd.

BizCubed Pty. Ltd. is an Australian company that focuses on helping people make better decisions each day. We are a data engineering firm that helps businesses make sense of the complicated world of data. By applying engineering principles and approaches to data, we create an environment where repeatable data processes can be automated, streamlined and continuously improved, while the nuanced data processes that are specific to our customers’ business can be tailored and refined to meet their exact needs. This is all delivered via our Smart Data Engineering and Enablement Platform (DEEP) as a Service. To learn more visit our website www.bizcubed.com.au.