NTT DATA Business Solutions Asia Pacific

Date: 31 Mar 2010

NTT DATA Business Solutions Asia Pacific Pte. Ltd. enters into a capital alliance with Business Formula (M) Sdn Bhd

NTT DATA Business Solutions Asia Pacific Pte. Ltd. (President and CEO: Ryoji Fukaya; Head office: Singapore; hereinafter referred to as "NDAP") is pleased to announce it has obtained a majority interest (60%) in the Malaysia-based SAP consulting company, Business Formula (M) Sdn Bhd (hereinafter referred to as "BFSB").

BFSB has built up its strength particularly in the automotive, manufacturing and engineering markets, leveraging its strong relationship with SAP and proprietary SAP solutions to effectively penetrate local customers. Through this strategic partnership, NDAP will add SAP solutions to its portfolio for its own customer base in Malaysia.

One of the main strategies for NTT DATA Business Solutions is to expand its footprint to strengthen its IT support capabilities in the Asia Pacific region. Since its establishment, NDAP has been actively engaged in expanding its business, and BFSB will help accelerate NDAP's access to the Malaysian market with its highly experienced SAP consultants.

Ryoji Fukaya, President and CEO of NDAP, commented "This new partnership with renowned BFSB enables us to tap the Malaysian ERP market effectively and rapidly. Additionally, our existing partnership with itelligence, NTT DATA Business Solutions and other group companies allows us to enhance our SAP capabilities incorporating global best practices. With the addition of BFSB, we can position ourselves even better to support our local and multinational customers with our enhanced IT solutions, and we expect BFSB to play a significant role in our ambitious expansion strategy in the Southeast Asia region."

Harindran Narayanan, Managing Director of BFSB said: "On our 10th year of incorporation, we are pleased to join with the NTTDATA Group as a strong commercial partner moving forward and our continued growth. We see ourselves better positioned to make further in-roads in our markets. We will be better positioned to provide optimum service to our existing and future customers."

Corporate Profile of Business Formula (M) Sdn Bhd

  1. Name: Business Formula (M) Sdn Bhd
  2. Fields of business: A wide range of SAP-related services, including consulting, system integration and software development, licensing, support, and maintenance. SAP Mid-market Channel Partner; SAP Services Partner; SAP Business Objects Partner.
  3. Established: 2000
  4. Head office: CT10-04 Level 10 Subang Square Corporate Tower, Jalan SS15/4G,47500 Subang Jaya
  5. Representative: Harindran Narayanan (Managing Director)

NTT DATA Business Solutions Asia Pacific Group
NTT DATA Business Solutions Asia Pacific Pte. Ltd.
NTT DATA Business Solutions Asia (Thailand)
NTT DATA Business Solutions Malaysia
NTT DATA Business Solutions Vietnam
NTT DATA Business Solutions (Australia)

About NTT DATA Business Solutions Asia Pacific Group

NTT DATA Business Solutions Asia Pacific Group is a leading IT solutions and service provider in system consultation and design, employing more than 260 employees over 5 countries.

The subsidiaries of NTT DATA Business Solutions Corporation provide a full range of IT services within the Asia-Pacific region and on a global basis to NTT DATA Business Solutions Group customers. Some of the IT services provided by the subsidiaries:

  1. System consulting and design
  2. Development with specialization in web-based application using Java and Microsoft .Net
  3. Regional support centre

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 BFSB, the presence of the group's portfolio is further strengthened with the introduction of SAP services in Malaysia.

Media Contact:

Mr Akira Noda
NTT DATA Business Solutions Asia Pacific Pte. Ltd.
20 Cecil Street #11-03/06
Equity Plaza Singapore 049705
Tel: +65-6438-3101