NTT Data - NTDTY STOCK NEWS

NTT DATA has been chosen by Air Canada to enhance their digital workplace, focusing on improving employee experience to better serve customers. This partnership leverages NTT DATA's global airline expertise and technology innovation, crucial for Air Canada's transformation. The collaboration will utilize NTT DATA's Digital Workplace Services, powered by the Nucleus Intelligent Enterprise platform. Key features include omnichannel support, modern device management, and workplace automation. NTT DATA, a $30 billion global IT services innovator with a presence in over 80 countries, aims to deliver personalized support experiences and continuous improvements in employee satisfaction.

NTT DATA has announced an eight-year extension of its agreement with the Retirement Systems of Alabama (RSA), effective until early 2033. This agreement allows NTT DATA to continue managing RSA's 44,000-square-foot data center in Montgomery, Alabama, which serves over 50 companies. The contract aims to enhance the data center's capabilities, automate operations, and improve certification standards. Additionally, NTT DATA will utilize local talent in Alabama to support its efforts. This partnership is expected to benefit Alabama citizens and bolster business modernization efforts across the region.

NTT DATA released findings from its Innovation Index research, revealing a trend towards increased investment in employee skills and experiences for a modern workforce. Despite ongoing economic challenges, 50% of executives prioritize reskilling and upskilling, with 48% focusing on integrating modern technologies. A notable 9% of leaders report profit gains over 25% from such investments. However, employee satisfaction remains an issue, with 45% feeling unfulfilled in their roles. The survey involved 1,000 executives across 16 industries in North America, highlighting the importance of communication and flexible work options.

NTT and NTT DATA have extended their partnership as the Official Technology Partner of INDYCAR through a multi-year agreement set to begin in 2024. The collaboration, which began in 2019, emphasizes NTT's role in enhancing digital transformation within the sport. Key advancements include Smart Venue applications at the Indianapolis Motor Speedway, improvements to the INDYCAR App, and enhanced race data analytics for fans. This partnership is expected to bring significant technology-driven innovations, further engaging fans and improving operational efficiency in motorsports.

Cisco and NTT Ltd. announce a collaboration to enhance Private 5G adoption across various sectors like Automotive, Healthcare, and Retail. Together, they aim to innovate and provide managed services that seamlessly integrate Private 5G into existing infrastructures. Their Managed Private 5G solution will leverage Intel hardware, focusing on improving digital transformation for enterprise customers. Key developments include enabling Industry 4.0 capabilities such as predictive maintenance and machine vision. The partnership's goal is to offer a secure, efficient, and reliable private network solution, ultimately aiding businesses in achieving better operational outcomes.

NTT DATA, Valeo, and Embotech have formed a consortium named VEN.AI to deliver automated parking solutions for the automotive industry. This collaboration combines their expertise in technology and innovations to enhance manufacturing efficiency and streamline assembly lines. VEN.AI aims to optimize vehicle movements within production facilities using advanced sensors, connectivity, and offboard computing. The initiative addresses industry demands for automation, facilitating the integration of electric vehicle charging and providing 24/7 operational support.

NTT DATA released its annual Innovation Index research, highlighting executive priorities amid macroeconomic challenges. The study revealed that while 50% of executives focus on business growth, many face obstacles like changing customer needs and resource limitations. The report notes a significant rise in companies investing in public cloud and AI. Moreover, improving employee engagement is a growing priority, with 27% of executives highlighting it as essential. The survey included responses from 1,000 executives across 16 industries in North America.