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

NTT DATA CORPORATION

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NTT DATA : Awarded $95 Million Contract by the U.S. Department of the Interior

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04/28/2020 | 10:01am EDT

NTT DATA Federal Services, a public sector subsidiary of NTT DATA Services, a recognized leader in global technology services, today announced the company won a five-year, $95 million contract with the U.S. Department of the Interior (DOI) to modernize the Technical Information Management System (TIMS). TIMS is a critical information system that automates business and regulatory functions for the Bureau of Safety and Environmental Enforcement (BSEE) and Bureau of Ocean Energy Management (BOEM).

The contract is designed to modernize the DOI’s TIMS technology and architecture to reduce complexity, increase usability and improve effectiveness. Working collaboratively with the DOI, NTT DATA will provide operations support, infrastructure and application maintenance, security, cloud transformation and other IT services.

“NTT DATA is honored to help the Department of the Interior take full advantage of new and emerging technologies to promote safety, protect the environment and conserve resources offshore,” said Tim Conway, President, Public Sector, NTT DATA Services. “Our team is committed to working with BSEE to deliver on their important mission of oversight and enforcement in these areas by leveraging automation, agile development and innovation to streamline operations.”

As part of the contract, NTT DATA will assess TIMS’ enterprise architecture, ITIL processes, agile practices, DevSecOps capabilities and security posture to build on the BSEE technical environment and increase system maturity. The DOI’s long-term vision is to merge TIMS’ day-to-day operations with the maintenance cycle and seamlessly integrate new development, optimizing TIMS without negatively impacting the user experience.

TIMS stores, processes and shares data to manage U.S. offshore resources in a safe, environmentally sound and economically responsible manner to support resource development. The TIMS system’s users include the DOI headquarters, BSEE, BOEM, the Office of Natural Resources Revenue (ONRR), the oil and gas industry and several additional federal, state and local government organizations.

To meet the full scope of the contract, NTT DATA will leverage a team of partners to support the DOI, including NuAxis, MBS, Sparkhound and Prolantics.

With more than 50 years of government experience, NTT DATA Services has more than 3,000 professionals in the U.S. serving federal, state and local governments, and other public sector clients. To learn more about NTT DATA’s public sector capabilities, visit the company’s website.

About NTT DATA
NTT DATA partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, application, infrastructure and business process services.

NTT DATA Services, headquartered in Plano, Texas, is a division of NTT DATA Corporation, a top 10 global business and IT services provider with 120,000+ professionals in more than 50 countries, and NTT, a partner to more than 85 percent of the Fortune 100. Visit nttdataservices.com to learn more.


© Business Wire 2020
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Financials
Sales 2020 2 271 B 21 112 M 21 112 M
Net income 2020 91 704 M 852 M 852 M
Net Debt 2020 393 B 3 649 M 3 649 M
P/E ratio 2020 19,5x
Yield 2020 1,43%
Capitalization 1 771 B 16 447 M 16 465 M
EV / Sales 2019
EV / Sales 2020 0,95x
Nbr of Employees 133 000
Free-Float 44,8%
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 1 492,50 JPY
Last Close Price 1 263,00 JPY
Spread / Highest target 58,4%
Spread / Average Target 18,2%
Spread / Lowest Target -20,8%
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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
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