Nippon Telegraph and Telephone Corporation (NTT Corporation) has launched NTT Ltd., a global technology services provider that brings together the capabilities of 28 companies, including NTT Communications, Dimension Data and NTT Security into one US $11 billion business.
The company is headquartered in London, employing around 40,000 people in offices across 70+ countries and regions.
President and CEO for 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”.
UK Prime Minister 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”.
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 stand still. 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”.
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