ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Hitachi Construction Machinery using data to strike it rich

Keeping tabs on miners' activities offers opportunity in spare parts

Hitachi Construction Machinery expanding its parts replacement services to ensure stable revenues.

TOKYO -- On the heels of two foreign acquisitions, Hitachi Construction Machinery is tweaking its strategy to boost revenue from its mining equipment business.

Hitachi Construction Machinery is looking to its vast pile of operational data on its mining equipment customer records on replacement parts to plump up its profit. By devoting more attention to replacement parts, the Hitachi unit hopes to expand sales, optimize production, cut inventory and generate a steady stream of cash.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more