Hitachi Vantara Q1 Revenue Rises 12%, Storage Up 45%
Hitachi Vantara, the data storage, infrastructure and hybrid cloud management subsidiary of Hitachi Ltd, today reported strong revenue growth for the first quarter of fiscal 2026, which ended June 30, 2026. Total revenue increased 12% year over year, while global product revenue across Hitachi Vantara and third-party offerings grew 31%. Hitachi Vantara storage revenue rose 45%, reflecting continued demand for its Virtual Storage Platform One (VSP One) portfolio as enterprises modernize mission-critical infrastructure and scale AI initiatives.
For more information about VSP One, please visit: https://www.hitachivantara.com/en-us/products/storage-platforms
Demand for enterprise storage is rising across the market. According to IDC, worldwide external OEM enterprise storage systems revenue increased 22.7% year over year during the first three months of 2026, driven by AI infrastructure demand and deferred refresh spending. That growth comes as organizations manage increasingly complex data environments. Recent global research foundthat 55% of IT leaders say complexity makes...
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