the company’s founding, the storied South African IT brand Dimension Data will cease to exist from next year.
Dimension Data, which was once listed on both the JSE and the London Stock Exchange and which was once one of South Africa’s most valuable listed companies, was acquired by NTT in 2010 in a R24.4-billion all-cash deal. He did say, however, without disclosing numbers, that the business is seeing good performances in areas of the market it has targeted for growth. Cloud services, especially around Amazon Web Services and Microsoft Azure, are among the areas doing well, he said.He said the decision to merge NTT Ltd and NTT Data and to do away with the Dimension Data brand will be good for both staff and clients.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Quartz glass could store data for 10000 years according to MicrosoftIn the future we could all be using libraries packed with plates of quartz glass for data storage.
Source: htxtafrica - 🏆 42. / 51 Read more »
Unlocking Sustainable Data Storage: 7 Key AdvancementsDarrin Murray Storage Platforms and Solutions Sales Manager Dell Technologies discusses ways data storage paves way a sustainable future.
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
Data Scientist - Gauteng TurffonteinIT Industry News. Daily.
Source: ITOnlineSA - 🏆 16. / 63 Read more »
- The Moral Dilemma Facing Tobacco Harm Reduction InterventionsForty-seven years on since Professor Michael Russell’s famous quotation, people are still dying from tar despite smoking for nicotine, the World Health Organisation (WHO) estimates the annual death toll from smoking combustible cigarettes to be over 8 million, with the latest WHO data as of August 2023 showing that more than 7 million of those...
Source: allafrica - 🏆 1. / 99 Read more »
US new home sales hit highest rate in over a yearSales of new US homes picked up more than anticipated in September, government data showed Wednesday, with the tight supply of real estate pushing more buyers into the market for new properties. Last month, sales of existing homes, which form the majority in the market, hit the lowest rate in 13 years, according to industry data.
Source: brieflyza - 🏆 10. / 68 Read more »
| The case for investment-linked endowments. US GDP data boost dollarInvestments | The case for investment-linked endowments. US GDP data boost dollar
Source: News24 - 🏆 4. / 80 Read more »