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Japanese Leading IT Vendor on an Incredible Growth Curve(November 03, 2011)
TORONTO, ONTARIO -- (Marketwire) -- 11/03/11 -- The NTT DATA Group has been on an aggressive growth spurt the past four years. Seeing that they had a shrinking market size, due to an aging population in Japan, NTT DATA decided they needed to expand to other continents to become a world leader.
NTT DATA is majority owned by NTT (Nippon Telegram Telegraph) which is the second largest telecom globally. This stable ownership allowed for large cash investments to be made for innovation, acquisition and organic growth.
In 2007 NTT DATA started an acquisition spree with an Indian outsourcing specialist in quality assurance and development: Vertex Software, now operating as NTT DATA Vertex. Between 2007 and the present, they acquired companies including notables such as: Itelligence AG, Cirquent GmbH, Intelligroup, Inc., and Keane International.
These purchases and other investments have allowed NTT DATA to move from the 15th largest in 2007 to 7th largest in 2010. (Gartner - Dec 3, 2010)
John Macdonald, CEO, North America - NTT DATA Vertex said: "The NTT DATA style has been one to encourage and grow existing teams. NTT DATA expects their executive leaders to be inspired and creative in achieving the targets. They have been very helpful in giving us the freedom to grow in the way we want.
In Canada, we have a solid record of client satisfaction and therefore we have been growing exponentially. We do so by tightly focusing on our competencies in software quality assurance, specifically in test management, automation, performance, load and mobile testing. We know we have a competitive advantage in delivery and tools, in this area."
Eiji Yamada, Director and Executive Vice President from NTT DATA said: "We have purchased many important pieces to become one NTT DATA team. As we form Global One teams to implement the best practices of each company to all countries, we will expect new competitive advantages to result in further growth. Also further strategic acquisitions and investments in new solutions and products will help us establish quality leadership in the industries where we choose to excel.
We have strong experience as a systems integrator, solution provider and provide innovative tools to add value for our clients."
Further growth can be expected for NTT DATA and it is safe to assume we will see further investments in the North American market.
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NTT DATA Vertex
Director of Marketing
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