Dimension Data merged into NTT
The new global services provider will bring together the capabilities of 28 companies into one, says NTT.
Nippon Telegraph and Telephone Corporation has unveiled NTT, a global technology services provider that unites the capabilities of 28 companies, including NTT Communications, Dimension Data and NTT Security, into one US $11 billion company.
The new company will be headquartered in London and will employ approximately 40 000 people in offices across 70+ countries and regions.
President and CEO for NTT Corporation, Jun Sawada said: “When we combine the new capabilities of NTT 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,” he added.
According to Sawada, London was chosen for its many benefits, including a stable economy, wealth of skills and talent, diversity in the population and thinking, strong infrastructure, schools and housing for global talent moving to the city.
By bringing together these companies, the new entity is offering clients access to a more comprehensive range and greater depth of skills across multiple technologies and capabilities, global technology and managed services, more in-depth industry solutions for its clients, managed services platforms with the ability to deliver local customisations, and greater investment in innovation and R&D.
The new company already partners with over 10 000 clients around the world in financial services, pharmaceuticals, telecommunications, energy & utilities, manufacturing, automotive and technology sectors.
Dimension Data MEA remains a member of NTT Group, and will continue to leverage NTT’s shared services, technology, and platform investments.
Grant Bodley, CEO for Dimension Data MEA said: “This is an important step forward for Dimension Data, which started as a homegrown South African ICT company. We’re so proud to be able to move this brand forwards in the region, while also retaining our strong links with NTT.”
Chris Barnard, VP for Enterprise Infrastructure and Communications at IDC, commenting on the integration, said: “Organisations 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 organisation for better insights that will help them transform and benefit from change,” Barnard ended.