NTT DATA, a global digital business and IT services provider, has been ranked no. 1 in the Insurance sector in Spain and Portugal in 2020, according to the Gartner Market Share: IT Services Worldwide 2020. We believe, that the company leads the ranking in the insurance sector, with a growth that has allowed it to position itself on the top 1 of the recently published list. In addition, the company has announced an increase in its overall market share, along with its rise of two positions in the annually published Gartner report, rising to the sixth position by revenue in 2020, compared to the eighth place it ranked in 2019.
“We believe the number six ranking reflects NTT DATA’s steady growth and leadership in the market as we move towards our goal of a global top five placement by the middle of the decade,” said Yo Honma, CEO, NTT DATA. “After posting revenue growth for 32 straight years, clients trust that we are stable through market volatility and that we can continue to invest in technologies, processes and training that helps them transform and keep pace with demanding market conditions”.
“We are proud to keep growing in the Insurance sector in relevant markets such as the Spanish or Portuguese. We Believe this position is a recognition of the effort that we have made in a special year, in which we have adapted to the needs of our clients, understanding that digitization is growingly essential, especially in a context such as that of Insurance Liquid Ecosystems”, stated Bruno Abril, Partner NTT DATA EMEAL Insurance.
On the other hand, NTT DATA performed well in many segments in the Gartner Market Share report. According to the report NTT DATA ranked second overall in a newly created category, Application Implementation & Managed Services by revenue, where the company has risen two spots from 2019.