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    9613   JP3165700000

NTT DATA CORPORATION

(9613)
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Delayed Japan Exchange  -  02:00 2022-10-05 am EDT
1963.00 JPY   +1.29%
10/04Jefferies Adjusts NTT DATA's Price Target to 2,340 Yen From 2,700 Yen, Keeps at Buy
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09/29NTT DATA CORPORATION : Ex-dividend day for interim dividend
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NTT DATA : Group and NEC accelerate activities to promote 5G tailored for enterprises

06/28/2021 | 02:09am EDT

TOKYO - June 28, 2021 -NTT Corporation (NTT), its subsidiary NTT DATA Corporation (NTT DATA) and NEC Corporation (NEC) announced today the acceleration of activities to promote the global adoption of 5G solutions tailored for enterprises. The three companies aim to develop these solutions to accommodate market demand that helps to drive the creation of successful business models and business. These activities will be conducted in 'Enso - The Space for Creators' (Enso Lab), which has been established at NTT DATA Deutschland's Munich laboratories.

'Ensō - The Space for Creators'

NEC 5G Base Station

1. Background

Current wireless network base stations are mainly equipped with integrated hardware and software based on the specifications of certain communication equipment vendors. However, in order to lower the dependence on specific vendors, O-RAN activities which aim to create an open ecosystem for base station equipment are accelerating among mobile telecommunications operators around the world.

In June 2020, NTT and NEC entered a capital and business alliance for joint R&D and global expansion of ICT (Information and Communication Technology) products utilizing innovative optical and wireless technologies. The companies have now launched an initiative to develop globally competitive products in compliance with O-RAN Alliance specifications with global operators and telecommunication equipment vendors toward promotion of the wider use of O-RAN and other open architectures.

In addition, since O-RAN specifications indicate that open architectures of software for communication equipment are required, NEC's communication system integration technologies as a telecom equipment supplier, and NTT DATA's IT system integration technology as a software developer are increasingly necessary.

2. Details of cooperation

As part of the global O-RAN activities, the three companies will start co-creation activities utilizing their 5G capabilities for enterprises. The Enso Lab has created a 5G environment featuring a multi-vendor system configuration by building a co-creation space for enterprises using 5G technologies form NTT DATA, and installing additional NEC radio units that conform to O-RAN specifications.

By utilizing the Enso Lab, customers will be able to build demonstration environment using 5G base stations that meet O-RAN specifications, and develop application prototypes according to customer-specific requirements. This will help customers develop new business utilizing 5G.

As a first step of the three companies' co-creation activity, they aim to develop and commercialize solutions that include 5G infrastructure and applications for automotive-related industries in Europe. Furthermore, the companies plan to create new solutions for other industries, such as the automotive and manufacturing fields for global markets, including the US by leveraging their private 5G expertise, knowledge and use cases cultivated in Japan.

3. Role of each company

Company Name Primary role
NTT Overall coordination and support of collaboration
NTT DATA Integration of 5G systems for enterprises
NEC Providing technologies, products, and solutions required for 5G systems for enterprises

4. Representative Quotes

Akira Shimada, Representative Member of the Board and Senior Executive Vice President of NTT: 'As one of the initiatives based on NTT's capital and business alliance with NEC, three companies, including NTT DATA, have begun co-creation activities for enterprise 5G solutions in the global marketplace utilizing radio base station equipment manufactured by NEC in compliance with O-RAN specifications.

By combining NEC's sophisticated network technologies and the integration capabilities of the NTT Group, we believe that we can accelerate the creation of advanced corporate solutions that match customer needs.

NTT Group is working together with global partners to promote the spread of open architecture in order to create innovative technologies, products, and solutions in the telecommunications field, and will contribute to resolving social issues through the development of services utilizing 5G.'

Toshi Fujiwara, Representative Director and Senior Executive Vice President of NTT DATA: 'With 5G networking becoming widespread worldwide, digitization will accelerate even further. In order to respond quickly and flexibly to customer needs in 5G networks, the NTT Group will promote the dissemination of open networks that conform to O-RAN specifications. At the same time, the NTT Group will strive to propose and develop advanced solutions tailored to the needs of global companies by utilizing NEC's proven 5G related technologies.

Takayuki Morita, President, CEO and Representative Director of NEC: 'NEC is engaged in a range of activities through a capital and business alliance with NTT, aiming to expand and grow 5G businesses globally.

As part of our collaboration with the NTT Group, we have great hopes that by combining NTT DATA's solution delivery assets with NEC's technology assets, we can promote co-creation of 5G for enterprises, starting with the European automotive industry.

Going forward, we will continue working together to provide value to customers in Europe and elsewhere utilizing innovative 5G solutions.'

About NTT

NTT believes in resolving social issues through our business operations by applying technology for good. We help clients accelerate growth and innovate for current and new business models. Our services include digital business consulting, technology and managed services for cybersecurity, applications, workplace, cloud, data center and networks, all supported by our deep industry expertise and innovation. As a top 5 global technology and business solutions provider, our diverse teams operate in 80+ countries and regions and deliver services to over 190 of them. We serve over 80% of Fortune Global 100 companies and thousands of other clients and communities around the world. For more information on NTT, visit www.global.ntt.

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, digital & IT modernization and managed services. NTT DATA enables them, 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 around the globe. Visit us at nttdata.com.

About NEC

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of 'Orchestrating a brighter world.' NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Media Contact

NTT
ntt-pr@ntt.com

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

NEC Corporation
Corporate Communications Division

Disclaimer

NTT DATA Corporation published this content on 28 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 06:08:02 UTC.


© Publicnow 2021
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Sales 2023 3 360 B 23 269 M 23 269 M
Net income 2023 146 B 1 008 M 1 008 M
Net Debt 2023 848 B 5 871 M 5 871 M
P/E ratio 2023 18,7x
Yield 2023 1,11%
Capitalization 2 718 B 18 822 M 18 822 M
EV / Sales 2023 1,06x
EV / Sales 2024 0,86x
Nbr of Employees 151 991
Free-Float 44,8%
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Yo Honma Executive Officer & GM-Distribution Services
Toshi Fujiwara CFO, Representative Director & CTO
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