NTT Data - NTDTY STOCK NEWS

NTT DATA has signed a definitive agreement to acquire Umvel, a digital design and engineering firm based in Mexico City. This move aims to enhance NTT DATA's digital engineering capabilities and expand its talent pool in North America. The acquisition aligns with NTT DATA's strategy to become a preferred digital partner in the market. Over 140 employees from Umvel will join NTT DATA, adding to its innovative workforce. The transaction is subject to customary conditions and is expected to close in the coming weeks.

NTT DATA has signed a definitive agreement to acquire Apisero, a leading MuleSoft consulting firm, enhancing its digital transformation services and adding approximately 2,100 global resources. This acquisition aligns with NTT DATA's strategy to be a preferred partner in digital innovation, expanding its cloud and data engineering capabilities. Apisero's expertise in MuleSoft and Salesforce will support NTT DATA's growth, providing over 1,500 certified MuleSoft consultants. The transaction is subject to customary closing conditions and is expected to close within 30 days.

NTT DATA and Cardinality.ai have formed a strategic alliance to modernize government services using secured, cloud-based platforms. This partnership aims to enhance the effectiveness of agencies by leveraging both companies' expertise. A key focus is the MD THINK system, which allows multiple Maryland state agencies to share data efficiently. The collaboration will also introduce the Cardinality PICS platform, facilitating faster modernization and reduced risks and costs for government initiatives.

NTT DATA has secured a contract from Hawaii's Med-QUEST Division to enhance health data analytics for its Medicaid program, which serves over 430,900 residents. The initiative aims to develop a unified data platform for improved health outcomes, access to care, and service utilization. NTT DATA will oversee the design, development, implementation, and maintenance phases, ensuring project management across multiple contractors. This contract underscores NTT DATA's expertise in government consulting and its commitment to improving healthcare analytics.

NTT DATA and Independent Health have upgraded IT infrastructure services to enhance response times and employee satisfaction. Independent Health, recognized as one of New York's best workplaces for 15 consecutive years, has improved employee access, onboarding, and outcomes through automation and new metrics. The focus on employee satisfaction has resulted in a 3.9 out of 4 customer satisfaction rating for IT services. NTT DATA's capabilities have been instrumental in supporting Independent Health's operations, ensuring excellence for its 335,000 members.

NTT DATA has announced a definitive agreement to acquire Postlight LLC, a digital strategy and engineering firm based in New York City. This acquisition aligns with NTT DATA's strategy to enhance its digital innovation capabilities and support clients in their digital transformation. Postlight will benefit from NTT DATA's substantial R&D investments, estimated at $3.6 billion annually, and a global team of 5,000 research professionals. The transaction is subject to customary conditions and is expected to close this month.

NTT DATA announces the retirement of Tim Conway, Group President of its Public Sector, effective July 31, 2022. He has served for 30 years in the public sector and led NTT DATA's Public Sector business to over $1 billion in revenue during his tenure. Christopher J. Merdon has been promoted to replace him, bringing nearly 28 years of experience in providing technology services to government entities. Merdon aims to drive digital transformation in the public sector.

NTT DATA has acquired Vectorform, a digital transformation company based in Detroit, enhancing its global digital engineering and design capabilities. This acquisition is part of NTT DATA's strategy to strengthen its digital services and expand its reach in key industries such as automotive and manufacturing. With this move, NTT DATA aims to improve client experiences through innovative solutions and establish a competitive edge in technology and design.

NTT DATA, a leader in digital business and IT services, unveils insights from a study co-developed with Oxford Economics. The research surveyed 1,000 executives and highlights that while 66% prioritize customer satisfaction, only 39% view digital experiences as essential. Key findings reveal the importance of personalized services and data in driving loyalty, yet challenges remain with rapidly changing customer expectations. Furthermore, the adoption of advanced technologies varies, with only 6% of leaders utilizing AI to enhance experiences. Organizations must focus on actionable data and real-time journey management to improve customer interactions.