1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. NTT Data Corporation
  6. News
  7. Summary
    9613   JP3165700000

NTT DATA CORPORATION

(9613)
  Report
Delayed Japan Exchange  -  05/27 02:00:00 am EDT
2002.00 JPY   +0.70%
05/18Nikkei closes at 2-week high after retail sales data lifts Wall Street
RE
05/16Nikkei 225 Up 0.5% On Wall Street Cues, Pandemic Outlook
MT
05/13NTT Data's Attributable Net Income Jumps 86% in Fiscal FY21
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

NTT DATA : Enters a Strategic Collaboration Agreement with AWS To Advance Digital Businesses Using Cloud Services

12/15/2021 | 09:09pm EDT

TOKYO - December 16, 2021 - NTT DATA, a global digital business and IT services leader, today announced a strategic collaboration with Amazon Web Services (AWS), to support clients' use of cloud services to accelerate their digital transformation (DX). NTT DATA will leverage AWS technical support and other resources to accelerate clients' DX, develop services using cloud technologies from AWS, and pursue human resource development and research and development (R&D).
Moving forward, NTT DATA aims to leverage its proven track record and high delivery capabilities in Japan to establish a leading position in digital business together with AWS, advance its business on a global scale, and contribute to business growth for its clients.

Background

The use of cloud-based systems has accelerated over the years as companies seek to quickly launch digital businesses, reduce the cost of legacy systems, and enhance operational efficiency. The capability to safely and securely utilize the latest technologies is essential. Through this strategic collaboration with AWS, NTT DATA will generate new business opportunities, and strengthen its digital offerings by combining the strengths and expertise of each company.

Aims and Framework of Collaboration

1. Promote clients' introduction to cloud services, and businesses that support clients' acceleration of DX
As experts in large-scale, mission critical systems with optimal solutions capabilities for clients' digital projects, NTT DATA will strengthen a framework to support clients that consider moving their IT infrastructure to the cloud. This collaboration will combine NTT DATA's accumulated knowledge and experience as an AWS Premier Consulting Partner, with services from AWS as well as technical expertise delivered by the AWS Professional Services Team. The framework will include a comprehensive quality enhancement program as well as a superior level of support for clients, allowing them to select and adopt optimal cloud services that meets their business needs.

2. Develop new services by combining both companies' expertise
The collaboration will also combine NTT DATA's expertise in providing solutions that match clients' business needs with AWS to develop new services.
In addition to expanding collaboration in fields such as data collection, analysis and security on AWS1, NTT DATA will also explore utilizing this collaboration framework to develop new services that aim to contribute to solving social issues through clients' business growth.
Further, NTT DATA will make these services available on AWS Marketplace.

3. Further strengthen development of personnel with digital expertise, and pursue R&D
NTT DATA will utilize both online and customized training and other resources provided by AWS to increase the number of AWS certified engineers in the NTT DATA Group from approximately 2,300 (as of August 31, 2021) nationwide, to 5,000 by the end of March 2025. Further, NTT DATA will develop personnel who are able to provide consulting or assist with the cutting-edge technologies, and contribute to clients' efforts on digitization.
Additionally, NTT DATA will also pursue measures to utilize the latest digital technologies and explore new avenues of research and development through this collaboration. The outcome of these efforts will be incorporated into NTT DATA's Altemista®3 solution suite, an internal standard for creating business value for clients, with the aim of allowing a rapid response to changes in the business environment, with safe and secure system development.

Commenting on the strategic cooperation, Isao Arima, Managing Executive Officer at NTT DATA, said: "Digital transformation (DX) is continuing to accelerate in all types of industries, and utilizing highly agile cloud services has become essential to implement these systems. As a Trusted Global Innovator, NTT DATA is focusing on strengthening its digital capabilities, including cloud services, and developing human resources to support successful DX implementation for clients. We are extremely pleased to be able to strengthen collaboration with AWS, a leader in cloud services, and expect to provide clients with even greater value."

Chris Sullivan, Head of Global Strategic Alliances at AWS commented: "NTT Data joined the Partner Network when we were just started in 2012, and for almost a decade has greatly supported our joint Japanese customers across all industries, including finance, public infrastructure, and other enterprises. With this collaboration agreement, we will strengthen our relationship even further and we look forward to many more years of working closely to support our joint customers as they are moving to the cloud."

Notes

About NTT DATA

NTT DATA - a part of NTT Group - is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.

Contacts

Media inquiries

NTT DATA Corporation
Public Relations Department
pr-support@kits.nttdata.co.jp

Product and service inquiries

NTT DATA Corporation
Data Center & Cloud Services Division
Cloud Services Strategy Group
Contact persons: Takayuki Umino
Tel: 050-5546-7240

Disclaimer

NTT DATA Corporation published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 02:08:09 UTC.


© Publicnow 2021
All news about NTT DATA CORPORATION
05/18Nikkei closes at 2-week high after retail sales data lifts Wall Street
RE
05/16Nikkei 225 Up 0.5% On Wall Street Cues, Pandemic Outlook
MT
05/13NTT Data's Attributable Net Income Jumps 86% in Fiscal FY21
MT
05/12NTT appoints Shimada as new president ahead of reorganization
AQ
05/12NTT DATA Corporation Announces Special Dividend
CI
05/12Ntt Data Corporation Announces Dividend for the Fiscal Year Ended March 31, 2021, Payab..
CI
05/12NTT DATA Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Endin..
CI
05/11TRANSCRIPT : NTT DATA Corporation, 2022 Earnings Call, May 11, 2022
CI
05/10Japan's Nikkei falls but losses capped by Wall Street rebound hopes
RE
05/10Japan Index Trims Losses; Nippon Telegraph and Telephone to Restructure Overseas Operat..
MT
More news
Analyst Recommendations on NTT DATA CORPORATION
More recommendations
Financials
Sales 2022 2 606 B 20 505 M 20 505 M
Net income 2022 137 B 1 081 M 1 081 M
Net Debt 2022 369 B 2 902 M 2 902 M
P/E ratio 2022 20,4x
Yield 2022 0,96%
Capitalization 2 808 B 22 091 M 22 091 M
EV / Sales 2022 1,22x
EV / Sales 2023 1,18x
Nbr of Employees 151 600
Free-Float 44,8%
Chart NTT DATA CORPORATION
Duration : Period :
NTT Data Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NTT DATA CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 2 002,00 JPY
Average target price 2 730,63 JPY
Spread / Average Target 36,4%
EPS Revisions
Managers and Directors
Yo Honma Executive Officer & GM-Distribution Services
Toshi Fujiwara CFO, Representative Director & CTO
Eiji Hirano Independent Outside Director
Mariko Fujii Independent Outside Director
Fumihiko Ike Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
NTT DATA CORPORATION-19.38%21 893
ACCENTURE PLC-26.63%184 668
TATA CONSULTANCY SERVICES LTD.-13.68%152 057
INTERNATIONAL BUSINESS MACHINES CORPORATION4.20%123 124
AUTOMATIC DATA PROCESSING, INC.-11.48%91 186
INFOSYS LIMITED-24.57%76 903