Hitachi Vantara posts 32% Asia Pacific revenue growth

Hitachi Vantara reported 32% year-on-year revenue growth across Asia Pacific in its first quarter, with product revenue in the region up 52%.

Storage revenue in Asia Pacific increased 61%, while block portfolio revenue rose 58%. Within that, high-end storage revenue grew 48% and midrange storage revenue increased 65%.

The regional result was led by sharp gains in several markets. Revenue in Korea rose 185% year on year, mainland China grew 112%, Australia and New Zealand increased 30%, and ASEAN, including Singapore, was up 22%.

Hitachi Vantara attributed the growth to demand for its Virtual Storage Platform One portfolio, known as VSP One, as customers updated core infrastructure and prepared data environments for broader AI use.

The figures point to continued spending on storage and related systems as businesses in the region manage larger, more complex data estates. Companies are also weighing cyber resilience and operational efficiency as they review older infrastructure.

Industry data cited by Hitachi Vantara showed the broader market has also expanded. According to IDC, worldwide external OEM enterprise storage systems revenue increased 22.7% year on year in the first three months of 2026, driven by AI infrastructure demand and delayed refresh cycles.

The company said its Asia Pacific figures cover ASEAN, including Singapore, Australia and New Zealand, mainland China, Hong Kong, India, Korea and Taiwan, and exclude Japan.

Storage demand

Recent product strategy has focused on unifying block, file and object data on a single platform. The approach is intended to help customers manage data across on-premises and cloud environments with fewer operational silos.

VSP One Block High End is aimed at mission-critical applications, mainframe systems and AI workloads. The system is designed to let organisations consolidate open systems and mainframe workloads on one platform.

Hitachi Vantara also said VSP 360 offers centralised management and operational visibility across storage environments. Product specifications highlighted by the company included support for up to 50 million input/output operations per second, availability of eight nines and a 4:1 data reduction guarantee.

The business case for such systems is shifting as corporate AI projects move from model testing to preparing and governing the data those models use. That has increased attention on older transactional and mainframe environments that still hold critical records in sectors such as financial services, telecommunications, manufacturing, healthcare and government.

Wendy Koh, Vice President and General Manager, Asia Pacific, Hitachi Vantara, commented on the regional results.

"The momentum we're seeing across Asia Pacific reflects a common challenge facing organisations today: how to modernise critical infrastructure while preparing for an AI-driven future," said Wendy Koh, Vice President and General Manager, Asia Pacific, Hitachi Vantara. "Organisations are looking for ways to simplify increasingly complex data environments while improving resilience, operational efficiency and business agility. Our first-quarter performance reflects the confidence customers place in Hitachi Vantara to help them address these challenges and create lasting value from their data."

Market context

Analysts have increasingly linked storage spending to the practical demands created by AI deployments, especially when businesses want to connect new AI tools with long-established systems of record. That trend has supported investment not only in raw capacity but also in management tools, resilience features and consolidation projects.

Scott Sinclair, Practise Director, Infrastructure, Cloud & DevOps, Omdia, commented on the company's high-end storage offering.

"As organisations expand their use of AI while continuing to support mission-critical applications, they need storage infrastructure that can keep pace without making their environments harder to manage," said Scott Sinclair, Practise Director, Infrastructure, Cloud & DevOps, Omdia. "VSP One Block High End brings together the performance, resilience and scale these workloads demand in a unified platform, giving customers a practical path to modernise their data foundation while keeping complexity in check."

Separate research referenced by Hitachi Vantara suggested many technology leaders remain concerned about operational risk in more fragmented environments. It found that 55% of IT leaders said complexity makes breach detection harder, while 57% said data loss would be catastrophic to their business.

Those concerns help explain why storage suppliers are positioning infrastructure upgrades as both an AI enabler and a risk-management measure, particularly in regions where large enterprises are balancing cloud adoption with continued use of on-premises and mainframe systems.

In Asia Pacific, Hitachi Vantara's latest quarter suggests demand remains strongest where customers are willing to invest in replacing or consolidating older storage estates while preparing for heavier AI-related workloads.