BUSINESS NEWS UPDATES

• Co-innovation will focus on industry-specific agentic AI and cloud-native modernization
• Companies will drive differentiated full-stack capabilities and sovereign cloud leadership
• NTT DATA creates global Google Cloud Business Group to scale capabilities and delivery
• Strategic investments in global sales and go-to-market will help ensure seamless adoption

TOKYO & LONDON–(BUSINESS WIRE)–NTT DATA, a global leader in digital business and technology services, today announced a global partnership with Google Cloud to accelerate AI-powered cloud innovations and unlock new possibilities with AI for enterprise organizations across industries.

This collaboration combines NTT DATA’s deep industry expertise in AI, cloud-native modernization and data engineering with Google Cloud’s advanced analytics, AI and cloud technologies to deliver tailored, scalable enterprise solutions.

With a focus on co-innovation, the partnership will drive industry-specific cloud and AI solutions, leveraging NTT DATA’s proven frameworks and best practices along with Google Cloud’s capabilities to deliver customized solutions backed by deep implementation expertise. Significant joint go-to-market investments will support seamless adoption across key markets.

According to Gartner®, worldwide end-user spending on public cloud services is forecast to reach $723 billion in 2025, up from $595.7 billion in 2024.¹ The use of AI deployments in IT and business operations is accelerating the reliance on modern cloud infrastructure, highlighting the critical importance of this strategic global partnership.

“This collaboration with Google Cloud represents a significant milestone in our mission to drive innovation and digital transformation across industries,” said Marv Mouchawar, Head of Global Innovation, NTT DATA. “By combining NTT DATA’s deep expertise in AI, cloud-native modernization and enterprise solutions with Google Cloud’s advanced technologies, we are helping businesses accelerate their AI-powered cloud adoption globally and unlock new opportunities for growth.”

“Our partnership with NTT DATA will help enterprises use agentic AI to enhance business processes and solve complex industry challenges,” said Kevin Ichhpurani, President, Global Partner Ecosystem at Google Cloud. “By combining Google Cloud’s AI with NTT DATA’s implementation expertise, we will enable customers to deploy intelligent agents that modernize operations and deliver significant value for their organizations.”

Driving AI innovation across industries

NTT DATA will leverage Google Cloud technology to develop several industry-specific AI and cloud solutions, accelerating enterprise transformation across sectors including banking, insurance, manufacturing, retail, healthcare, life sciences and the public sector.

For example, in financial services, this collaboration will support regulatory compliance and reporting through NTT DATA solutions like Regla, which leverage Google Cloud’s scalable AI infrastructure. In hospitality, NTT DATA’s Virtual Travel Concierge enhances customer experience and drives sales with 24×7 multilingual support, real-time itinerary planning and intelligent travel recommendations. It uses the capabilities of Google’s Gemini models to drive personalization across more than 3 million monthly conversations.

Key focus areas include:

• Industry-specific agentic AI solutions: NTT DATA will build new industry solutions that transform analytics, decision-making and client experiences using Google Agentspace, Google’s Gemini models, secure data clean rooms and modernized data platforms.
• AI-driven cloud modernization: Accelerating enterprise modernization with Google Distributed Cloud for secure, scalable modernization built and managed on NTT DATA’s global infrastructure, from data centers to edge to cloud.
• Next-generation application and security modernization: Strengthening enterprise agility and resilience through mainframe modernization, DevOps, observability, API management, cybersecurity frameworks and SAP on Google Cloud.
• Sovereign cloud innovation: Delivering secure, compliant solutions through Google Distributed Cloud in both air-gapped and connected deployments. Air-gapped environments operate offline for maximum data isolation. Connected deployments enable secure integration with cloud services. These scenarios meet data sovereignty and regulatory demands in sectors such as finance, government and healthcare without compromising innovation.
• Google Distributed Cloud sandbox environment: Google Distributed Cloud sandbox environment is a digital playground where developers can build, test and deploy industry-specific and sovereign cloud deployments. This sandbox will help teams upskill through hands-on training and accelerate time to market with Google Distributed Cloud technologies through preconfigured, ready-to-deploy templates.

NTT DATA will support these innovations through a full-stack suite of services including advisory, building, implementation and ongoing hosting and managed services.

By combining NTT DATA’s proven blueprints and delivery expertise with Google Cloud’s technology, the partnership will accelerate the development of repeatable, scalable solutions for enterprise transformation. At the heart of this innovation strategy is Takumi, NTT DATA’s GenAI framework that guides clients from ideation to enterprise-wide deployment. Takumi integrates seamlessly with Google Cloud’s AI stack, enabling rapid prototyping and operationalization of GenAI use cases.

This initiative expands NTT DATA’s Smart AI Agent Ecosystem, which unites strategic technology partnerships, specialized assets and an AI-ready talent engine to help clients deploy and manage responsible, business-driven AI at scale.

Accelerating global delivery with a dedicated Google Cloud Business Group

To achieve excellence, NTT DATA has established a dedicated global Google Cloud Business Group comprising thousands of engineers, architects and advisory consultants. This global team at NTT DATA will work in close collaboration with Google Cloud teams to help clients adopt and scale AI-powered cloud technologies.

NTT DATA is also investing in advanced training and certification programs ensuring teams across sales, pre-sales and delivery are equipped to sell, secure, migrate and implement AI-powered cloud solutions. The company aims to certify 5,000 engineers in Google Cloud technology, further reinforcing its role as a leader in cloud transformation on a global scale.

Additionally, both companies are co-investing in global sales and go-to-market campaigns to accelerate client adoption across priority industries. By aligning technical, sales and marketing expertise, the companies aim to scale transformative solutions efficiently across global markets.

Building on strategic momentum

This global partnership builds on NTT DATA and Google Cloud’s 2024 co-innovation agreement in APAC. In addition it further strengthens NTT DATA’s acquisition of Niveus Solutions, a leading Google Cloud specialist recognized with three 2025 Google Cloud Awards – “Google Cloud Country Partner of the Year – India,” “Google Cloud Databases Partner of the Year – APAC” and “Google Cloud Country Partner of the Year – Chile,” further validating NTT DATA’s commitment to cloud excellence and innovation.

“We’re excited to see the strengthened partnership between NTT DATA and Google Cloud, which continues to deliver measurable impact. Their combined expertise has been instrumental in migrating more than 380 workloads to Google Cloud to align with our cloud-first strategy,” said José Luis González Santana, Head of IT Infrastructure, Carrefour. “By running SAP HANA on Google Cloud, we have consolidated 100 legacy applications to create a powerful, modernized e-commerce platform across 200 hypermarkets. This transformation has given us the agility we need during peak times like Black Friday and enabled us to launch new services faster than ever. Together, NTT DATA and Google Cloud are helping us deliver more connected, seamless experiences for our customers,”

About NTT DATA

NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. As a Global Top Employer, we have experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future.

¹Gartner Press Release, Gartner Forecasts Worldwide Public Cloud End-User Spending to Total $723 Billion in 2025, November 19, 2024

https://www.gartner.com/en/newsroom/press-releases/2024-11-19-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-total-723-billion-dollars-in-2025
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Contacts

Media inquiries:

Lori Bosio | lori.bosio@nttdata.com

LONDON–(BUSINESS WIRE)–#InOurElement–Element Materials Technology (Element), a global leader in testing, inspection, and certification (TIC) services, today announces the appointment of Paul Woolf as Group CFO. Woolf, who joins Element on 23 September, will report directly into CEO, Jo Wetz and will join Element’s main Board.

Woolf brings a proven track record of over 30 years’ financial leadership in the consumer, technology, and tech-enabled services industries and has held a wide range of executive roles in both private equity backed and listed businesses.

Woolf’s experience in private equity backed companies includes tenure as CFO and COO for CPA Global, a $7 billion IP platform business (now part of Clarivate plc), and CFO for the Automobile Association, the UK’s largest motoring organization. He has also been CFO for public companies including Mitie plc, a leading facilities management company, and more recently Cazoo, a European marketplace for used cars. His earlier career was spent in leadership roles for well-known international organizations including Dell Technologies, Jardine Matheson, and PwC.

“We are thrilled to welcome Paul to the Element team,” said Jo Wetz, CEO of Element. “He has built his career around driving a strong growth agenda and brings extensive international experience and strong leadership qualities. This combination makes him the perfect CFO to guide us through our next phase of growth.”

Paul Woolf added: “This is a very exciting time to be joining the Element leadership team as we seek to expand our testing capabilities in some of the fastest-growing sectors around the world. I look forward to bringing my experience, knowledge and insights to the role and being part of this ambitious company’s ongoing growth story.”

Woolf holds a BA in Philosophy, Politics & Economics from Oxford University, and is a qualified Chartered Accountant (ACA).

About Element

The Element Materials Technology Group is one of the world’s leading global providers of testing, inspection, and certification services for a diverse range of products, materials, and technologies in advanced industrial supply chains where failure in use is not an option. Headquartered in London, UK, Element’s c.9,000 scientists, engineers, and technologists, work across a global network of over 270+ laboratories, support customers from early R&D, through complex regulatory approvals, and into production ensuring their products are safe and sustainable and achieve market access.

Element has achieved the highest ESG ranking in the testing, inspection and certification industry and a place in the top 150 companies in the world from Sustainalytics, a global leader in ESG research and data. This is built on industry-leading environmental commitments which adopt science-based targets and commit to net zero emissions across its entire global business by 2035.

For more information about Element, please visit our website, connect with us on LinkedIn, Twitter, Instagram and subscribe to our YouTube channel.

Contacts

Kate Aldridge, VP Communications, Element

kate.aldridge@element.com

LONDON–(BUSINESS WIRE)–Please replace the release with the following corrected version.

The updated release reads:

FIRST ALL-FEMALE TAVI TRIAL SHOWS EXCELLENT OUTCOMES FOR WOMEN RECEIVING EDWARDS VALVES

Edwards Lifesciences (NYSE: EW) today announced the results from the RHEIA Trial, a first-of-its-kind trial focused exclusively on outcomes for women receiving transcatheter aortic valve implantation (TAVI). Presenting one-year results during a Hot Line session at the ESC Congress 2024, investigators reported superior outcomes for women receiving the Edwards SAPIEN 3 or SAPIEN 3 Ultra valves as compared to those receiving surgical aortic valve replacement (SAVR).

“Women are an underrepresented group in the diagnosis and treatment of severe aortic stenosis and this landmark study provides important insights into their treatment options,” said Hélène Eltchaninoff, M.D., head of the department of cardiology at the University Hospital of Rouen. “The transcatheter and surgical arms achieved remarkable results and the performance of the transcatheter valves adds to a growing body of evidence on the treatment options available to women.”

In the evaluation of composite 1-year endpoints, TAVI was found to be superior to SAVR with 8.9% of TAVI patients experiencing death, stroke or rehospitalization versus 15.6% in the SAVR cohort. The independently run RHEIA Trial included 443 female patients with an average age of 73, randomized to TAVI or SAVR to investigate outcomes of Edwards TAVI compared to surgery in an all-comers female patient population suffering from severe symptomatic aortic stenosis. The RHEIA Trial, which was investigator initiated and supported by Edwards, was conducted across 48 sites in 12 European countries.

“We are proud of this high-quality clinical research to inform patients’ decisions about the treatment of their heart valve failure,” said Larry Wood, Edwards’ corporate vice president and group president, transcatheter aortic valve replacement and surgical structural heart. “The outstanding success of the TAVI group points to the importance of valve selection for women undergoing aortic valve replacement – especially those women with small annuli – to preserve their options for a future valve-in-valve procedure, ensuring the lifetime management of their disease.”

Correcting the valve attribution from SAPIEN 3 Ultra RESILIA to SAPIEN 3 and correcting the patient population from 440 to 443. No further corrections were made.

About Edwards Lifesciences

Edwards Lifesciences is the global leader of patient-focused innovations for structural heart disease and critical care monitoring. We are driven by a passion for patients, dedicated to improving and enhancing lives through partnerships with clinicians and stakeholders across the global healthcare landscape. For more information, visit Edwards.com and follow us on Facebook, Instagram, LinkedIn and YouTube.

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend the forward-looking statements contained in this Proxy Statement to be covered by the safe harbor provisions of such Acts. These forward-looking statements can sometimes be identified by the use of forward-looking words, such as “may,” “might,” “believe,” “will,” “expect,” “project,” “estimate,” “should,” “anticipate,” “plan,” “goal,” “continue,” “seek,” “intend,” “optimistic,” “aspire,” “confident” and other forms of these words and include, but are not limited to, statements made by Mr. Wood and statements regarding expected product benefits, patient outcomes, post-treatment reduction of invasive procedures, objectives and expectations and other statements that are not historical facts. Forward-looking statements are based on estimates and assumptions made by management of the company and are believed to be reasonable, though they are inherently uncertain and difficult to predict. Our forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of the statement. Investors are cautioned not to unduly rely on such forward-looking statements.

Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those expressed or implied by the forward-looking statements based on a number of factors as detailed in the company’s filings with the Securities and Exchange Commission. These filings, along with important safety information about our products, may be found at Edwards.com.

Edwards, Edwards Lifesciences, the stylized E logo, Edwards SAPIEN, Edwards SAPIEN 3, Edwards SAPIEN 3 Ultra, RESILIA, SAPIEN, SAPIEN 3, and SAPIEN 3 Ultra are trademarks of Edwards Lifesciences Corporation. All other trademarks are the property of their respective owners.

Contacts

Media Contact: Howard Wright, 949-250-2790

Investor Contact: Mark Wilterding, 949-250-6826