NTT Corporation to Establish New R&D Center in North America
To bring world-class information security and cloud technologies to the
world's most competitive market
TOKYO and SAN MATEO, Calif., March 28, 2013
TOKYO and SAN MATEO, Calif., March 28, 2013 /PRNewswire/ -- Nippon Telegraph
and Telephone Corporation (TOKYO: 9432; NYSE: NTT), the world's largest global
IT and telecommunications services holding company, will establish NTT
Innovation Institute, Inc. (NTT I^3), a new R&D center in San Mateo,
California on April 1 to accelerate the development and provision of
highest-grade information security and cloud computing technologies.
As a wholly-owned subsidiary of NTT, NTT I^3 will initially focus on promoting
the development of services tailored to the North American market. Best
practices concerning intellectual property solutions applied in a modular
format in North America will be rolled out globally, including Japan and
In the rapidly changing field of cloud computing, cloud service providers are
required to roll out competitive, market-driven services quickly.
In line with its medium-term management strategy "Towards the Next Stage,"
announced on November 8, 2012, the NTT Group is strengthening its global cloud
services as a key pillar of growth. With one of the largest R&D budgets, now
$3.5 billion annually, the NTT Group is focused on both advanced and applied
research and development. At a new R&D center, NTT and its group companies are
collaborating on the development of new services to gain a competitive edge by
combining their technical capabilities and intellectual property expertise, as
well as by incorporating open innovation.
"Establishing a new R&D center in North America will enable NTT and its group
companies to quickly develop intellectual property tailored to the specific
needs of the most rapidly-changing market in the world," said Hiroo Unoura,
President and CEO of NTT. "The NTT Group is committed to accelerating global
business expansion in order to provide value-added services to its customers."
NTT (Nippon Telegraph and Telephone Corporation) is the world's largest global
IT and telecommunications services company ranked 29th on Fortune's Global 500
list. The company dates back over a century to the introduction of the
telegraph in Japan, and focuses today on the innovation of cloud, mobile,
network and communications technologies. The company recorded operating
revenues of US $130 billion for the fiscal year ended March 31, 2012 and
employs over 220,000 people worldwide. NTT's group companies include NTT EAST
and NTT WEST (Japan's regional fixed-line telecom carriers), NTT DOCOMO
(mobile operator), NTT Communications and Dimension Data (international
communications and ICT solution providers) and NTT DATA (systems integrator
and IT consultant). For more information, visit www.ntt.co.jp/index_e.html.
SOURCE NTT Corporation
Contact: Nippon Telegraph and Telephone Corporation, Media Relations,
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