Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Tokyo  >  NTT DATA Corporation    9613   JP3165700000


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

NTT Com's Enterprise Cloud To Provide Wasabi Hot Cloud Object Storage for Massive Data Storage

share with twitter share with LinkedIn share with facebook
share via e-mail
09/30/2019 | 07:17am EST

NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TYO: 9432), announced today that it will offer low-cost, scalable object storage through its new Enterprise Cloud Wasabi Object Storage service beginning October 1. The service will be delivered in collaboration with Wasabi Technologies, Inc. (Wasabi), an object storage service provider founded in Boston, Massachusetts, USA in 2016. Object storage is a storage architecture that handles data in units of objects.

As an introductory campaign, customers of NTT Com's Enterprise Cloud service will be allowed to use Enterprise Cloud Wasabi Object Storage (U.S. and Netherlands regions) free of charge through the end of October.

Enterprise Cloud Wasabi Object Storage is one of the functions of NTT Com's newly launched Smart Data Platform, which provides data-focused businesses with comprehensive data-utilization functions for corporate digital transformation (DX).

The use of unstructured data such as documents, movies, images and audio are increasing at an exceedingly high pace. For companies that must use massive amounts of data for their DX initiatives, secure, large-capacity storage is indispensable.

NTT Com's new service provides secure storage of virtually unlimited data, backed by the company's highly reliable Enterprise Cloud. Unlike conventional storage, which requires time to read data from magnetic tapes, this new service allows data to be read at high speed at any time. In addition, by linking with Smart Data Platform functions for interconnection, etc., secure data analysis and centralized management is possible in public clouds.

David Friend, president, CEO and co-founder of Wasabi, said, "Our collaboration with NTT Com will provide disruptively low cost, high performance and infinitely scalable cloud storage service for data utilization to the APAC region and beyond. We look forward to creating new value and contributing to global digital transformation through this exciting partnership."


- Low-cost, high performance Amazon S3-compatible storage

The service is highly durable (99.999999999%) and enables free data transfer, including uploading, downloading and API requests. It can be used in the same way as the Amazon Simple Storage Service (Amazon S3), the object storage of Amazon Web Services, through API integration. Moreover, the service's ultra-fast data write/read speed ensures higher performance than Amazon S3.

- Flexible selection of global regions according to customer's environment.

The first APAC region will be opened in NTT Com's data center in Tokyo in December 2019. Customers will be able to store data in Japan, the U.S. and the EU regions according to their specific environments and data storage needs

- Links with Smart Data Platform for optimal data utilization

Optimal data utilization can be achieved by connecting the service with Smart Data Platform functions for interconnection, AI data analysis, etc. For example, IoT data collected at factories and stored with the service could be accessed for deep learning through NTT Com's Enterprise Cloud or a public cloud to improve product quality or production efficiency. Or, medical image data, such as CT and MRI images, could be stored and then accessed as a single data set for efficient AI-supported diagnosis.

NTT Com has launched its Smart Data Platform service and ecosystem as a DX Enabler(TM) that supports the DX initiatives of its customers. Going forward, the company will offer additional services and functions, such as data integration and voice digital transformation, for safe and secure data utilization. About NTT Communications

NTT Communications solves the world's technology challenges by helping enterprises overcome complexity and risk in their ICT environments with managed IT infrastructure solutions. These solutions are backed by our worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 450,000m2 of the world's most advanced data center facilities. Our global professional services teams provide consultation and architecture for the resiliency and security required for your business success, and our scale and global capabilities in technology world are unsurpassed. Combined with NTT Ltd., NTT Data, and NTT DOCOMO, we are NTT Group.

www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com About Wasabi:

Wasabi is the hot cloud storage company delivering disruptive storage technology that is 1/5th the price of Amazon, faster than the competition, and features no fees for egress or API requests. Unlike first generation cloud vendors, Wasabi is solely focused on providing the world's best cloud object storage service. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is on a mission to commoditize the cloud storage industry. Wasabi is a privately held company based in Boston, MA. Follow and connect with Wasabi on Facebook, LinkedIn, Twitter, and our blog.

Masayuki Hayashi

Cloud Services

NTT Communications

TEL: +81-3-6733-9502


(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
NIPPON TELEGRAPH AND TELEPHONE CORPORATION -0.04% 5582 End-of-day quote.24.54%
NTT DATA CORPORATION 0.40% 1507 End-of-day quote.27.39%
NTT DOCOMO, INC. 0.45% 3012 End-of-day quote.24.33%
share with twitter share with LinkedIn share with facebook
share via e-mail
12/03NTT DATA SERVICES : to Acquire Flux7, an AWS Premier Consulting Partner
11/28NTT Communications Named 2019 Japan IoT Service Provider of the Year at Frost..
11/04NTT DATA : JSCCIB of Thailand and NTT DATA Collaborate in Trial Deployment
11/01NTT DATA CORPORATION : Half-year results
11/01NTT DATA CORPORATION : Slide show half-year results
10/29NTT DATA CORPORATION : half-yearly earnings release
10/29NTT DATA : Introduces Evolution of the Intelligent Enterprise
09/30NTT DATA : Awarded $114 Million Contract by the Centers for Disease Control and ..
09/30NTT Com's Enterprise Cloud To Provide Wasabi Hot Cloud Object Storage for Mas..
09/27NTT DATA CORP : Ex-dividend day for interim dividend
More news
Financials (JPY)
Sales 2020 2 274 B
EBIT 2020 153 B
Net income 2020 96 854 M
Debt 2020 339 B
Yield 2020 1,20%
P/E ratio 2020 21,9x
P/E ratio 2021 19,1x
EV / Sales2020 1,08x
EV / Sales2021 1,05x
Capitalization 2 114 B
Technical analysis trends NTT DATA CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 1 703,85  JPY
Last Close Price 1 507,00  JPY
Spread / Highest target 32,7%
Spread / Average Target 13,1%
Spread / Lowest Target -3,78%
EPS Revisions
Yo Honma President & Representative Director
Tsuyoshi Kitani Director & Senior GM-Technological Innovation
Shigeki Yamaguchi Representative Director, EVP & Head-Corporate
Yukio Okamoto Independent Outside Director
Eiji Hirano Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
ACCENTURE43.17%128 207
VMWARE, INC.8.46%60 966