NTT DATA Romania recorded a 25.6 percent increase in revenue in the 2018 to 2019 financial year, reaching EUR 72.17 million compared with EUR 53.4 million in the previous financial year. Net profit also grew by 11.83 percent to EUR 5.86 million.
After a phase of accelerated growth in the last 3 years, a large-scale project has now been set up to prepare the company for the difficulties of the future.
“We want qualitative growth in the coming years to be based on disruptive approaches and large projects with cutting-edge technologies. The companies that are expanding their activities in emerging markets play an important role”. – Daniel Metz, CEO of NTT Data Romania.
For three years now, qualitative growth has been one of the most important development centres. This provided the opportunity to access the project with significant added value and maintain operations on Majin in the comfort zone.
The strategic development programme
The first phase of the company’s strategic development programme was a shift in philosophy towards a qualitative approach based on highly complex projects and higher added value.
“The business model, based on revenue growth and accompanied by a proportional increase in headcount, has reached certain limits. This model will prove problematic within 3 to 4 years due to the obvious limitations of the personnel market.” Says Daniel Metz.
The 2019 to 2020 financial year marks the start of the second phase, with significant investments in the technical training of the team, Clarvision’s transformation, but also other IP-based products and solutions that enable a healthy operating margin.
Next year will be a year of renewal for the company as a whole, with the reinvention of business models in our market segments. We look forward to the future, given the financial strength of the company.
Continuous business growth in the external market.
The external market continues to account for the largest share of total sales (70%), with significant growth in banking, manufacturing and technology; cybersecurity, embedded and IoT. Over the past 12 months, the portfolio has been strengthened by further strong customers such as..: Wesfalia Automotive, Horizon Global Corporation, CEMA, Dürr Systems AG, Optware, IFM Electronic, Lamilux, Mogic, TÜV Austria and others.
NTT DATA Romania
NTT DATA Romania is an IT service provider and system integrator with a team of more than 1700 specialists in Romania and Serbia that manages and implements a large number of projects in a wide variety of industries.
The business portfolio includes the following services:
– Development and integration of standard or customized software solutions.
– Application Management Services.
– Quality assurance.
– IT & Management Consulting.
– IT security and infrastructure services.
NTT DATA is part of the NTT Group, one of the global ICT leaders, with over 283,000 employees and a large portfolio of global infrastructure solutions, communications and IT services.