PRESS RELEASE: Nippon Telegraph &Telephone Corporation (NTT Corporation) has announced that they have launched NTT Ltd.
The company will be based in London, employing around 40,000 people in offices across 70+ countries and regions.
NTT Ltd will bring together the capabilities of 28 companies, to include NTT Communications, Dimension Data, and NTT Security into one US $11 billion business.
Theresa May said, “Britain has a long-standing and proud reputation as a global tech leader and it's fantastic that NTT Ltd. has chosen London for its global headquarters. A key part of our modern Industrial Strategy is to put the UK at the forefront of the tech and data revolution, and they will join many other world-leading companies who call Britain home.”
President and CEO of NTT Corporation, Jun Sawada said, “I'm delighted to announce that we launched NTT Ltd. today. When we combine the new capabilities of NTT Ltd. along with NTT DATA, we create a top-five global technology and business solutions provider with US$20 billion revenues outside of Japan. Going forward, we will accelerate our execution as one NTT in order to contribute to a smarter and better world through digital transformation. We are also excited to confirm that our global headquarters for NTT Ltd will be in London and that our commitment to the UK remains extremely strong. We considered several locations as the headquarters for NTT Ltd and made a deliberate decision to choose London. It has many benefits, including a stable economy, wealth of skills and talent, diversity in population and thinking, strong infrastructure, schools, and housing for global talent moving to the city. In short, it's a great city to live and work in, and we're excited that we are making it the home for our new business.”
Tsunehisa Okuno, Chairman for NTT Ltd. and Executive Vice President for NTT Corporation, commented, “Today NTT continues its 120-year heritage of always listening to and innovating for our clients. Along with creating a very strong technology and managed services provider in NTT Ltd., we have also increased our commitment to investing more in R&D, new technology startups through our venture capital fund, and developing our own disruptive innovation business team. We see the opportunity to help our clients and communities more effectively when we bring all of these capabilities together.”
Jason Goodall, CEO for NTT Ltd., commented, “I'm extremely proud to lead NTT Ltd. into a new and exciting era. Today, we've created a global technology services provider that delivers a full breadth of industry-leading products, solutions, and managed services that address our clients' business needs. We know technology doesn't standstill. And nor do we. We will continue to move our business forward to ensure we deliver solutions that are both relevant for today and tomorrow. We are excited to be part of one of the world's largest technology and business solutions providers and look forward to partnering with our clients around the world with our full range of capabilities.”
Commenting on the integration, Chris Barnard, Vice President for Enterprise Infrastructure and Communications at IDC, said, “Organizations worldwide are increasingly looking to technology companies that can adapt and support them across a range of fast-moving challenges, societies, agriculture, and manufacturing need fully-integrated solutions that will help them harness the power of IoT, edge analytics and collaboration platforms. In coming together as one company, NTT is acknowledging this, giving them one single view across their organization for better insights that will help them transform and benefit from change.”
About NTT Ltd:
NTT Ltd is a leading global technology services company. They partner with organizations globally to shape and achieve outcomes through intelligent technology solutions. As a global ICT provider, they employ more than 40,000 people that spans 57 countries, trading in 73 countries and delivers services in over 200 countries
By bringing together these companies, NTT Ltd is offering:
- Clients access to a more comprehensive range of skills across multiple technologies
- Managed Services and global technology which is world-leading in scale and depth
- Improved ability to deliver more detailed industry solutions for their clients
- World-class managed services platforms able to deliver local customizations to meet clients' needs in each market
- Increased investment in innovation and R&D.
The new company already partners with over 10,000 clients around the world, including the world's leading organizations in financial services, pharmaceuticals, telecommunications, energy & utilities, manufacturing, automotive and technology sectors. Companies who already benefit from NTT's intelligent technology solutions include Tour de France, ALMA, City of Las Vegas, Connected Conservation, ISPPC, Alcatel and NXP.
Further information can be found on new NTT Ltd website www.hello.global.ntt