Capital alliance with business intelligence solution provider, Cornerstone Asia Tech Pte. Ltd.
Strengthen IT support capabilities in the Asia Pacific region.
NTT DATA CORPORATION (“NTT DATA”; President and CEO: Toru Yamashita; Head office: Koto-ku, Tokyo), through its subsidiary NTT DATA Asia Pacific Pte. Ltd. (President and CEO: Ryoji Fukaya; Head office: Singapore), reached an agreement to obtain 100% of outstanding shares in Cornerstone Asia Tech Pte. Ltd. (CEO: Woon Shung Toon; Head office: Singapore; hereinafter referred to as “Cornerstone”), which specializes in providing business intelligence (BI) / business analytics (BA) consulting services and IT solutions in the Southeast Asia region.
Cornerstone has built up its strength particularly in general insurance, healthcare, traditional banking and contact center analytics solutions, leveraging its high industrial expertise and strong professional services to effectively cultivate and address customers demanding BI needs. Through this strategic partnership, NDAP will add BI/BA solutions to its portfolio for its customer base in the Asia Pacific region.
One of the main strategies for NDAP is to expand its footprint to strengthen its IT support capabilities in the Asia Pacific region. Since its establishment in 2009, NDAP has been actively engaged in expanding its business, and Cornerstone will help accelerate NDAP's penetration into the market with its highly experienced BI/BA consultants.
Ryoji Fukaya, President and CEO of NDAP, commented: “The partnership with renowned Cornerstone enables us to tap the high-growth BI/BA market effectively and rapidly. Combining Cornerstone's strengths with our Group companies such as Extend Technologies, Business Formula and Apex Systems puts us in a unique competitive position to provide integrated vertical solutions from BI and core operational systems to outsourcing/support for our customers.”
Woon Shung Toon, CEO of Cornerstone, commented: “We are excited over the enormous synergies this partnership with NDAP and its Group of companies will generate and the value this will bring to our clients across the region. Cornerstone will not only be able to further solidify its position as the leading regional solutions provider in the BI/BA marketplace, but also an improved capillarity to meet customers' demands competitively across the region.”
In order to stay ahead of their competitors global companies of all industries face the challenge to unify and standardize their complex information systems landscape globally while still staying in control of their investments in information systems. In today's economic situation, customers say, “We want to implement SAP which has become a de-facto-standard for today's leading companies, but we have to reduce the cost of development and operation while keeping quality standards high”.
Now, NTT DATA Group is expanding its SAP business globally by establishing the new SAP Global One Team Initiative by fostering strong bonds between its entities to provide customers with best practices delivered from all over the world with one face.
Corporate Profile of Cornerstone Asia Tech Pte. Ltd
Cornerstone Asia Tech Pte. Ltd.
A wide suite of BI/BA solutions including Cornerstone's own proprietary solution, iREADY Analytic Applications. Other services include BI consulting, data quality services, data mining/predictive analysis, and managed technology services. Key partnerships with SAP, IBM and Oracle
2008 (date of completion of merger between The Analytics Company and Accel Solutions)
24 Sin Ming Lane #02-103 Midview City, Singapore 573970
Mr Woon Shung Toon (Chief Executive Officer)
NTT DATA Asia Pacific Group
NTT DATA Asia Pacific Pte. Ltd. (Singapore)
NTT DATA (Thailand)
NTT DATA Malaysia
NTT DATA Vietnam
Extend Technologies (Australia)
Business Formula (M) Sdn Bhd (Malaysia)
Apex Systems Pte. Ltd. (Singapore)
About NTT DATA Asia Pacific Group
NTT DATA Asia Pacific Group is a leading IT solutions and service provider in system consultation and design, deploying operations over 5 countries. The subsidiaries of NTT DATA Corporation provide a full range of IT services within the Asia Pacific region and on a global basis to its customers. Some of the IT services provided by the subsidiaries include:
System consultancy, delivery, and IT support services
SAP and package offerings of ERP, SCM, and CRM systems
Industry core solutions for manufacturing, automotive, telecom, retail, food, mining, insurance, and financial services
The regional offices capitalize each other's strengths and resources to broaden the business and support of the system integration industry within the Asia Pacific region. With the recent capital alliance of CSA, the presence of the group's portfolio is further strengthened with the introduction of BI/BA services in the region.
About NTT DATA Vietnam
The NTT DATA Group is now moving forward with its Global One Team Initiative by combining the expertise and resources from Group companies in Japan and overseas as well as facilitating business collaborations across nations and companies that strengthen the NTT DATA Group’s worldwide brand power as “One NTT DATA”.
Our domestic and overseas companies are working in concert to construct the necessary support structure as quickly as possible in our transition from our previous role as a systems creator into a global business partner that is leading the way to international business success.
With globally proven best practices, NTT DATA Group provides its clients with world-class solutions. Our vast experience in end-to-end solutions for diverse industries, on many different platforms, allows us to deliver measurable results that meet or exceed every expectation. Thanks to our knowledge and expertise with proven onsite, offsite and offshore methodologies and execution processes, we have established our leadership in the marketplace.
Visit us at www.nttdata.com
For more information, please contact
NTT DATA Vietnam Co., Ltd
Enterprise Sales & Marketing Division
Tel：+84-24-3766-7973 (Ha Noi Headquarter)
+84-28-3513-0260 (Ho Chi Minh Branch)