14.11.2006 14:53:00

Hitachi Consulting Appoints Todd Price to Lead Business Intelligence and Performance Management National Practice

Hitachi Consulting, the global business and IT consulting company of Hitachi, Ltd. (NYSE:HIT) recently announced that Todd Price, a vice president in its U.S. Business Intelligence and Performance Management (BIPM) National Practice, has been appointed managing vice president for that practice. "Hitachi Consulting has aggressively built its BIPM business and it now represents more than 20 percent of our global revenue,” said Michael Travis, president and CEO of Hitachi Consulting. "Todd has a vision to grow our BIPM business to $100 million over the coming years as part of a critical step in Hitachi Consulting surpassing the $500 million annual revenue milestone.” "I share the view that our BIPM business is a key growth driver for Hitachi Consulting and it will be based on growing a team of the most talented individuals in this consulting area,” said Mr. Price. "BIPM is one of the fastest growing segments of the consulting market, and we will continue to grow and increase market share. Based on the evolving needs of our Global 2000 clients, we have services that directly connect BI investments to strategic drivers of performance and help clients make this connection self-sufficiently over time. We regularly work with executives to establish a cross-functional BI Competency Center (BICC) to achieve lower total cost of ownership and faster delivery of prioritized business insights. And our work with many executive teams on defining an integrated framework for corporate performance management solutions (iCPM) helps establish strategy-driven scorecard, rolling forecast and initiative rationalization disciplines for managing better P&L performance.” With clients such as Experian, Mary Kay, GameStop and Neiman Marcus Hitachi Consulting is a recognized leader in BIPM solutions. Recently, Hitachi Consulting’s BIPM practice was highlighted in "An Executive Guide to Selecting BI and Performance Management Service Providers" published by AMR Research. "In addition to unique strategic-capability offerings like BICC and iCPM, we have a diversified portfolio of high-value Planning, Analytical and Data Warehouse solution offerings, leveraging best in class technology from our key alliance partners, including Hyperion (NASDAQ:HYSL), Microsoft (NASDAQ:MSFT), Oracle (NASDAQ:ORCL), and SAP (NYSE:SAP),” said Mr. Price, co-founder of Navigator Systems, which was acquired by Hitachi Consulting earlier this year. A recognized thought leader, Navigator Systems (prior to the acquisition), as well as Hitachi Consulting, were both profiled in Gartner’s "Magic Quadrant for Business Intelligence Implementation Services, North America, 2006”. Prior to joining Hitachi Consulting Mr. Price co-founded Navigator Systems in 1992 and held the position of chief operating officer, responsible for all aspects of business development including client relationship management, business development, strategic partnership development, client team formation, consulting delivery and client satisfaction. Before 1992, he served as a project director for Information Resources, working directly with the IT, Sales and Marketing teams of a leading Fortune 50 consumer packaged goods client. He holds a bachelor’s degree in marketing from Texas A&M University. About Hitachi Consulting As Hitachi, Ltd.’s (NYSE:HIT) global consulting company, Hitachi Consulting is a recognized leader in delivering proven business and IT solutions to Global 2000 companies across many industries. With more than 1500 consultants across the U.S., Europe and Asia, we leverage decades of business process, vertical industry, and leading-edge technology experience to understand each client's unique business needs. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI. Hitachi Consulting's client base includes nearly 35 percent of the Fortune 100 and 25 percent of the Global 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, call 1.877.664.0010 or visit www.hitachiconsulting.com. Hitachi Consulting -- Inspiring your next success! ® About Hitachi Hitachi, Ltd. (NYSE:HIT)(TOKYO:6501), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 356,000 employees worldwide. Fiscal 2005 (ended March 31, 2006) consolidated sales totaled 9,464 billion Yen ($80.9 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company’s Website at http://www.hitachi.com.

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