Blog Coverage NTT Communications Partners with Virtustream and Dell EMC to Expand Cloud Market in Japan

Upcoming AWS Coverage on Orange

LONDON, UK / ACCESSWIRE / February 7, 2017 / Active Wall St. blog coverage looks at the headline from Nippon Telegraph and Telephone Corp. (NYSE: NTT) and Dell Technologies Inc. (NYSE: DVMT). NTT Communications, a subsidiary of Nippon Telegraph and Telephone, announced on February 06, 2017, that it has entered into a strategic partnership with Virtustream and Dell EMC (Japan) both Dell Technologies’ businesses, to expand Cloud Market in Japan. The aim of the partnership is to develop and deliver multi-tenant cloud platforms for mission-critical applications, including large-scale SAP systems in Japan. The first product resulting from this partnership is expected in the spring of 2017. Register with us now for your free membership and blog access at:

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One of Nippon Telegraph and Telephone’s competitors within the Telecom Services – Foreign space, Orange (NYSE: ORAN), is estimated to report earnings on February 21, 2017. AWS will be initiating a research report on Orange following the release of its next earnings results.

Today, AWS is promoting its blog coverage on NTT and DVMT; touching on ORAN. Get all of our free blog coverage and more by clicking on the links below:

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Established by the Japanese government in 1952, NTT Communications is a subsidiary of Nippon Telegraph and Telephone Corporation, the largest telecommunications Company in the world in terms of revenue. Currently, NTT Communications runs more than 130 data centers worldwide and is connected by its own network.

The Partnership

The new range of cloud products will see the amalgamation of the core strengths of the three companies. NTT Communications will bring in its strength of local data centers along with knowledge of the local market. Virtustream will be the key to this partnership as it brings in the core cloud technology and platform, which is built on the leading Converged Infrastructure platform – Dell EMC VxBlock, for managing mission critical applications. Dell EMC Japan will bring its storage system technologies and corporate sales capabilities.

NTT Communications will then launch the newly developed multitenant cloud platforms within large Japanese enterprises. In the future, the Companies plan to expand their portfolio to be available across the globe. The newly developed cloud portfolio will use Virtustream’s patented technology – MicroVM resource management (µVM), for pay-as-you-go billing. Customers will be able to integrate the new multi-tenant cloud, dedicated cloud and on-premises systems in one data center.

Benefits of the Partnership

Japan is home to some of the biggest corporations in the world and its IT needs are increasing due to rapid digitalization. NTT Communications’ new portfolio of products will help these corporations and businesses use the cloud based platform to modernize and bring their companies on public cloud without compromising on security and efficiency. Though primarily NTT Communications will benefit with the increased demand and market share, the partnership will also help Virtustream and Dell EMC. Both these Companies would not only expand their cloud businesses in Japan they would also gain access to the other key markets in Asia.

Commenting on their expansion plans in Japan, Simon Walsh, COO of Virtustream said:

“Our partnerships with Dell EMC (Japan) and Japan’s leading telecommunications providers create a powerhouse of innovation and market leadership that will serve to materially advance the inclusion of cloud into the strategic business plans of enterprises in Japan.”

Toshihiko Otsuka, Senior Vice President, Dell EMC Enterprise, Japan, added:

“Virtustream and Dell EMC’s cloud solution will create a sea change in the way Japanese corporations approach enterprise cloud. The platform will introduce the cost benefits of consumption billing as well as offer increased security, compliance, application performance and disaster recovery.”

Virtustream and Dell EMC are both Dell Technologies businesses after it acquired EMC Corporation in September 2016, creating the world’s largest privately-controlled tech Company. Dell EMC is now an industry leader with an expansive technology portfolio including hybrid cloud, software-defined data center, converged infrastructure, platform-as-a-service, data analytics, mobility and cybersecurity. Virtustream is an enterprise-class cloud service and software provider trusted by enterprises worldwide to migrate and run their mission-critical applications in the cloud. EMC had acquired Virtustream in July 2015. Virtustream is headquartered in Washington, DC with major operations in 10 countries.

Stock Performance

At the close of trading session on Monday, February 06, 2017, parent Company Nippon Telegraph and Telephone’s stock price was marginally down by 0.30% to end the day at $43.42. A total volume of 163.08 thousand shares were exchanged during the session. The Company’s share price has gained 3.21% on YTD basis. The Company’s shares are trading at a PE ratio of 12.16 and have a dividend yield of 2.40%. The stock currently has a market cap of $90.02 billion.

Dell Technologies’ stock rose marginally 0.44% at $64.63 at the end of trading on February 06, 2017. Approximately 1.41 million shares exchanged hands during the day’s trading session. The stock has advanced 16.94% and 32.52% in the last month and last quarter, respectively. Its year-to-date performance is 17.57%. The stock has a market capital of $13.88 billion.

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