NTT DATA to Acquire Niveus Solutions, Boosting AI and Google Cloud Capabilities

3 Sources

NTT DATA announces plans to acquire Niveus Solutions, a Google Cloud Platform specialist, to enhance its AI and cloud capabilities across key industries.

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NTT DATA's Strategic Acquisition of Niveus Solutions

NTT DATA, a global leader in digital and IT services, has announced its intent to acquire Niveus Solutions, a premier cloud engineering company specializing in Google Cloud Platform (GCP) services. This strategic move is set to significantly enhance NTT DATA's position as a leading global system integrator for Google Cloud 1.

Strengthening AI and Cloud Capabilities

The acquisition will bring 1,000 GCP engineering professionals to NTT DATA, bolstering its expertise in GCP native modernization, data engineering, and AI. This influx of talent will enhance NTT DATA's Google Cloud Business Unit, enabling the company to deliver more comprehensive and specialized industry cloud platform solutions 2.

Industry-Specific Solutions

Niveus Solutions' deep knowledge across financial services, manufacturing, automotive, retail, and logistics will support NTT DATA in delivering tailored cloud solutions. This expertise will facilitate the rapid development of customized use cases, addressing complex client challenges across various industries 3.

Expanding Strategic Partnership with Google Cloud

The acquisition builds on NTT DATA's recently expanded strategic partnership with Google Cloud. This collaboration focuses on co-innovating data analytics and GenAI solutions for enterprise clients, aiming to deliver cloud-based data and AI solutions tailored for industry-specific needs 1.

Market Impact and Growth Potential

According to Gartner, Inc., worldwide end-user spending on public cloud services is forecast to total $679 billion in 2024 and is projected to exceed $1 trillion in 2027. This acquisition positions NTT DATA to capitalize on this significant growth opportunity, particularly in the Asia Pacific region and beyond 3.

Recognition and Future Prospects

Niveus Solutions has been recognized as the 2024 Google Cloud 'Breakthrough Partner of the Year - Asia Pacific' and 'India Partner of the Year.' These accolades underscore the potential impact of this acquisition on NTT DATA's global cloud services capabilities 2.

Closing the Deal

The transaction is subject to customary closing conditions and is expected to be completed within 30 to 60 days. Once finalized, this acquisition will solidify NTT DATA's position as a top provider of Google Cloud solutions, deepening the company's capabilities to help organizations harness the power of GCP-native modernization 3.

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