NTT DATA

NTT DATA
Public
Industry IT services, IT consulting
Founded 1988 (1988)
(spinoff from NTT)
Headquarters Toyosu, Tokyo, JAPAN
Key people
Toshio Iwamoto, President & CEO
Services IT, business consulting and outsourcing services
Revenue $ 14.6 billion (FY 2016)
¥10.857 billion (FY 2007)
Number of employees
120,000 + (as of Feb 2016)
Parent Nippon Telegraph and Telephone
Website www.nttdata.com

NTT DATA Corporation (株式会社エヌ・ティ・ティ・データ Kabushiki-kaisha Enu-tī-tī Dēta) is a Japanese system integration company and a subsidiary of Nippon Telegraph and Telephone (NTT).

Nippon 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.

NTT DATA is a publicly traded company, but is about 54 percent owned by NTT. Its business areas are in national and local governments, financial, and telecommunication sectors. According to reports in 2012, Forbes Global 2000 recognizes NTT DATA as the 5th largest IT Services company.

History

NTT DATA’s history goes back to 1967, when the DATA Communications Bureau was established within the Nippon Telegraph and telephone Public Corporation (now NTT). In 1988 NTT DATA Communications Systems Corporation was spun off into a separate company from NTT.

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Operations

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, Singapore, Vietnam and other countries or regions.

Within the NTT group, while NTT Comware focuses on the IT services to the Group companies, NTT Data mainly services non-NTT Group companies.

In 2010, NTT DATA acquired Intelligroup Inc., an US-based IT consulting and service providing company. After taking over Intelligroup, NTT became the ninth largest software company in the world, worth over $11 billion.[7][8]

NTT DATA and Boston-based IT Service company Keane agreed to a merger on 29 October 2010. The acquisition is worth over US$1.23 billion.[9] After the acquisition of Keane Inc., NTT DATA became the 8th largest software company in the world, with the annual revenue of $14 billion.[10][11]

Awards

NTT DATA was ranked #8 in Consulting Magazine's 2016 Best Firms to Work For.[12]

See also

NTT and its Group companies:

Sponsored software:

References

This article is issued from Wikipedia - version of the 12/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.