NTT Data — Global Consolidation Creating a $30 Billion IT Services Powerhouse
NTT Data, a Large Enterprise IT Services & Consulting company, achieved measurable value creation through Product Mix Shift. - **Combined revenue**: The merged entity created an IT services company with total revenues of approximately $30 billion, with $18 billion generated outside Japan by approximately 140,000 professionals serving clients in more than 80 countries.
| Company | NTT Data |
| Industry | IT Services & Consulting |
| Company Size | Large Enterprise |
| Primary Lever | Product Mix Shift |
| Key Result | - **Combined revenue**: The merged entity created an IT services company with total revenues of approximately $30 billion, with $18 billion generated outside Japan by approximately 140,000 professionals serving clients in more than 80 countries |
NTT Data, a subsidiary of Japan's NTT Group, had built a strong position in Japanese IT services and systems integration but lagged global competitors in international scale. Before the 2022 consolidation, NTT Data's international business generated approximately $8 billion in annual revenue — significant but well behind Accenture, TCS, and Infosys in global IT services. Meanwhile, NTT Ltd. (another NTT Group subsidiary) operated a separate $10 billion business focused on data centers, managed infrastructure, and global network services with approximately 38,000 employees. The two NTT entities competed for some of the same clients with overlapping but complementary capabilities: NTT Data excelled in consulting, application development, and systems integration, while NTT Ltd. had strengths in infrastructure, data centers, and managed services. The fragmentation diluted NTT Group's competitive position against integrated global IT services firms.
On October 6, 2022, NTT Corporation and NTT Data Corporation finalized the creation of NTT DATA, Inc. — formally merging their international businesses:
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