Outline of MHI Information Systems Co., Ltd. (as of March 30, 2017) |
TOKYO, Mar 30, 2017 - (JCN Newswire) - NTT DATA Corporation and Mitsubishi Heavy Industries, Ltd. (MHI) have concluded a basic agreement on establishing a new company, to be based on the existing MHI Information Systems Co., Ltd. (MHIIS), a wholly owned MHI subsidiary, following an agreement the two parties reached earlier on a roadmap for strengthening MHIIS's functions and organization. Detailed discussions are now underway toward the new enterprise's creation.
NTT DATA, under the banner of its new medium-term business strategy - "ASCEND: Rise and grow our global brand" - is currently aiming toward further growth to the company's "Global 2nd Stage," a phase in which NTT DATA will serve both as a partner in information technology (IT) and as a business partner to customers who are seeking to transform their businesses through IT. By establishing a long-term partnership with MHI, NTT DATA is looking to make robust contributions to digitalization and globalization in the years ahead, starting with provision of more advanced IT services.
MHI on its part is eager to tie up with NTT DATA, with its abundant track record in network services and system integration operations, in a quest to achieve more advanced IT services and stronger global response capability more swiftly and efficiently by applying NTT DATA's technological and organizational strengths. In particular, MHI is seeking to boost the formation, operation and maintenance of the MHI Group's IT infrastructure and develop its business process applications, to cope with the manufacturing industry's increasingly rapid digitalization and globalization.
NTT DATA and MHI are now targeting establishment of their new company effective October 1, 2017. Discussions will focus on the particulars for NTT DATA's acquisition of a majority stake in the new enterprise after MHI sets up a preparatory company and transfers MHIIS's business to the new company.
Outline of MHI Information Systems Co., Ltd. (as of March 30, 2017)
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About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.
Source: Mitsubishi Heavy Industries, Ltd.
Contact:
Joseph Hood, PR Manager Mitsubishi Heavy Industries, Ltd. Email: mhi-pr@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860
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