NTT Expects To Grow Its India Business At 18% or Higher

IT services firm NTT expects its India business to grow at 18% or higher, as it taps into larger end-to-end deals as a single entity in the country. NTT was carved out of the Japanese technology leader in July in a bid to grow its global revenue and brings together 28 brands in 70 geographies. In India, it will integrate companies including Dimension Data, Netmagic Solutions, NTT Security and Arkadin, among others.

“Dimension Data could only be involved in specific parts of the project, but now this gives it the ability to participate in larger deals. This integration is a very significant event as it creates a new top five company. The combined entity will have the largest data center footprint in this segment and with hybrid cloud taking off, this will be an advantage,” said Sanchit Vir Gogia, CEO, Greyhound Research. “It also solves a long pending client issue of having to deal with multiple vendors”.

The unit’s current revenue is estimated at $700-750 million, and is on track to hit $1 billion by 2021, he said.

[Economic Times]


Analyst:

Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.

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