NTT Data explained

NTT DATA Corporation
Type:Public subsidiary
Founded:
(spinoff from NTT)
Location:Toyosu, Tokyo, Japan
Key People:Yo Honma (President & CEO)
Industry:Information technology
Consulting
Outsourcing
Revenue: (2021)[1]
Operating Income: (2021)
Net Income: (2021)
Assets: (2021)
Equity: (2021)
Num Employees:195,100 (2023)
Parent:NTT, Inc. (54.19%)[2]

is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).

Japan Telegraph and Telephone Public Corporation, a predecessor of NTT, started Data Communications business in 1967. NTT, following its privatization in 1985, spun off the Data Communications division as NTT DATA in 1988, which has now become the largest of the IT Services companies headquartered in Japan.

History

2000s

In 2002, it was the first Japanese company to obtain BS 7799 certification, an international information security standard. In 2007, the company had consolidated net sales of ¥1 trillion, and in 2008 the company acquired German-based Cirquent, Inc. A new organizational structure of the "Company System" was introduced in 2009. Also that year, the company acquired Extend Technologies Pty Ltd in Australia, as part of a strategy to expand the global footprint of specialised SAP consulting businesses[3]

NTT DATA and US-based IT Service company Keane agreed to a merger on 29 October 2010. The acquisition is worth over US$1.23 billion.[4] After the acquisition of Keane Inc., NTT DATA became the 8th largest software company in the world, with the annual revenue of $14 billion.[5] [6] Acquiring Keane Inc. in 2010 increased the Group's total work force to 50,000. That year the company also acquired FirstApex,[7] increasing the business footprint in insurance domain. In 2010, NTT DATA acquired Intelligroup Inc., a US-based IT consulting and service providing company. After taking over Intelligroup, NTT DATA became the ninth largest software company in the world, worth over $11 billion.[8] [9] India-based Intelligroup, Inc is headquartered at 5 Independence Way Ste 220, Princeton, New Jersey, 08540, United States.

2011–present

In 2011, the company acquired Italy-based Value Team S.p.A. and launched Global One Teams.[10] In 2012 the company acquired London-based Design and Technology Consultancy, RMA Consulting,[11] who specialize in software design and delivery across multiple channels.

In 2013, the company acquired Madrid-based Everis, a company that provided IT services including consulting, system integration and outsourcing.[12] Also in 2013, NTT DATA, the IT services provider with its U.S. headquarters in Plano, acquired Optimal Solutions Integration, a provider of SAP services headquartered in Irving, Texas. In 2015, the company acquired Carlisle & Gallagher, Inc., a Charlotte-based consulting firm. Also that year, the company acquired iPay88 - Online Payment Gateway for Asia Countries, Malaysia[13] which specialize in online payment services and payment solutions for merchants with multiple financial institutions as business partners in Malaysia. In 2016, the company acquired the Dell IT Services unit (mainly the former Perot Systems) of Dell Inc for $3 billion.[14] Also in 2016, the company acquired Nefos, a Salesforce consulting partner in Germany, Austria and Switzerland.

in March 2022, NTT Data announced it had acquired the Detroit-based digital transformation and innovation company, Vectorform.[15]

In July 2021 NTT Data announced their newly established NTT DATA EMEAL (Europe, Middle East, Africa, and Latin America) and would start its operation from 14 September 2022.The new company brings Everis (with a presence mainly in Europe, and Latin America) and NTT DATA EMEA (with a presence mainly in the UK, Italy, Germany, Poland, and Romania) under the same management, with 38,000 employees across 25 countries and a revenue of 3 billion euros.[16]

Operations

Within the NTT group, while NTT Comware focuses on the IT services to the Group companies, NTT Data mainly services non-NTT Group companies. Within Japan, NTT DATA has established many joint ventures, such as NTT Data-Sanyo Electric to take care of the IT services of Sanyo electric group. Outside Japan, NTT DATA has its wholly owned subsidiaries or offices in the UK, China, Malaysia, Thailand, India, the US, Italy, Australia, Romania, Singapore, Vietnam and other countries or regions. NTT DATA Business Solutions headquartered in Germany is a global acting subsidiary of NTT DATA which had a 100 percent focus on SAP business until its merger with UK-based ServiceNow consultancy, Sapphire Systems in 2024.

Yo Honma serves as President & CEO.[17]

Products and services

Sponsored software:

Ticketing System

Awards

NTT DATA was ranked #8 in Consulting Magazines 2016 Best Firms to Work For.[19]

Sponsorship

In 2017, NTT Data began sponsoring IndyCar Series team Chip Ganassi Racing.[20] [21] In 2019, the company became title sponsor of the series, dubbing it the NTT IndyCar Series.[22]

NTT Data began sponsoring Arrow McLaren IndyCar team in 2023.[23] The sponsorship was later extended to the McLaren F1 Team.[24] [25]

See also

External links

Notes and References

  1. Web site: NTT DATA Corporation Annual Report 2021 . NTT Data Corporation. May 6, 2021.
  2. News: NTT Data Shareholders Name (The 10 largest shareholders) . September 30, 2020. NTT DATA Corporation. September 30, 2020.
  3. Web site: News - Extend Technologies and NTT DATA Corporation Announce Acquisition - Australia SAP & Microsoft Gold Channel Partner, Enterprise Resource Planning ERP. 2013-06-07. https://web.archive.org/web/20160302153913/http://www.nttdatasolutions.com.au/news/extend-technologies-and-ntt-data-corporation-announce-acquisition. 2016-03-02. dead.
  4. News: Bloomberg Article - Keane acquisition. Bloomberg News. 20 October 2010.
  5. Web site: Keane Jan 3,2011 Press release . 2012-10-22 . https://web.archive.org/web/20120807115320/http://www.keane.com/keane-insights/press-releases-03-jan-2011.aspx . 2012-08-07 . dead .
  6. Web site: Keane Jan 31,2012 Press release . 2012-10-22 . https://web.archive.org/web/20120505043221/http://keane.com/keane-insights/press-release-31-jan-2012.aspx . 2012-05-05 . dead .
  7. News: 2010-09-06. Japanese NTT Data buys 80% in insurance product firm Apex. en. Reuters. 2021-12-16.
  8. Web site: Intelligroup press release . 2012-10-22 . https://web.archive.org/web/20120722124145/http://intelligroup.com/newsroom/pr_ntt_data_completes_acquisition_of_intelligroup.html . 2012-07-22 . dead .
  9. Web site: NTT Data's Big Year a Harbinger for Japan's Software Industry . 2012-10-22 . https://web.archive.org/web/20120607122400/http://www.itv-asia.com/article/ntt-data%E2%80%99s-big-year-harbinger-japan%E2%80%99s-software-industry . 2012-06-07 . dead .
  10. Web site: Value Team SpA acquired by NTT Data . 25 April 2011 .
  11. Web site: Home - RMA Consulting.
  12. Web site: London Stock Exchange October 31, 2013 Press release.
  13. Web site: iPay88 of Malaysia joins NTT DATA GROUP - NTT DATA Global. 2015-10-01. https://web.archive.org/web/20160304071419/http://www.nttdata.com/global/en/news-center/others/2015/090400.html. 2016-03-04. dead.
  14. News: Japan's NTT Data agrees to buy Dell's IT services unit for $3 billion. Reuters. 29 March 2016.
  15. Web site: Bureau . ITsec . 2022-03-29 . NTT DATA Announces the Acquisition of Vectorform . 2022-03-29 . ITSecurityWire . en-US.
  16. Web site: Public Relations . Department . NTT DATA Corporation .
  17. Web site: NTT DATA Board of directors. www.nttdata.com. 2019-02-07.
  18. Web site: TOMOYO Linux Home Page. 2022-02-03. tomoyo.osdn.jp.
  19. Web site: Consulting Magazine - September 2016 . Consultingmag-digital.com . 2016-09-07 . 2018-02-19.
  20. Web site: April 4, 2017 . NTT DATA to Serve as Primary Partner on No. 9 Honda in Long Beach . January 15, 2019 . Chip Ganassi Racing.
  21. Web site: September 28, 2018 . Ganassi signs Rosenqvist for 2019, extends deal with NTT DATA . January 15, 2019 . IndyCar Series.
  22. News: Fryer . Jenna . January 15, 2019 . IndyCar lands communications company NTT as title sponsor . dead . https://web.archive.org/web/20190115234542/https://www.washingtonpost.com/business/technology/indycar-lands-communications-leader-ntt-as-title-sponsor/2019/01/15/28c78480-18e9-11e9-b8e6-567190c2fd08_story.html . January 15, 2019 . January 15, 2019 . The Washington Post.
  23. Web site: 1 November 2022 . Arrow McLaren SP adds NTT DATA as Lead Partner on its No. 6 car beginning in 2023 . 27 January 2024 . . en-GB.
  24. Web site: 4 October 2023 . NTT DATA Branding To Appear On The MCL60 Paddock Eye . 27 January 2024 . Paddock Eye . en-GB.
  25. 1710912916072124459 . decalspotters . After a mutual agreement, IT service and consulting company @NTTDATA will enjoy branding on the @McLarenF1 #F1 cars for the rest of the year. Their logo can be seen on the halo of the #MCL60 at the #QatarGP. NTT Data have been partners of @ArrowMcLaren since 2022. @F1 #McLaren . 8 October 2023 . 27 January 2024.