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Porto Leading Investor NTT Data strengthens its presence in the city

In 2022, NTT DATA Portugal, announced the opening of two new technology centers in the city. Now, the company, part of the Japanese multinational consulting and information technology services company, NTT, has revealed that it will strengthen its presence in Porto with the installation of three new specialized knowledge hubs and the creation of 90 jobs.

Porto Leading Investor NTT Data strengthens its presence in the city
porto.pt · 26 Jun 2024

The three new hubs - NextGen Core Banking, Data Engineering, and Microsoft BizApps - join three existing ones in Porto, indicating a renewed drive for the consultancy to develop and grow specialized teams with sector-specific or technological expertise," Paulo Silva, partner and head of emerging business areas and delivery models at NTT DATA Portugal, told ECO.

"We are very proud to be expanding our presence in Porto, doubling the number of hubs, but also because this news signals a reinforcement of our commitment to talent in the north, where we know there are distinguished professionals capable of supporting us in the development of innovation and technology-based projects in the areas of management and engineering. This is also a way for us to help retain highly qualified talent in Portugal," he added.

Despite being independent structures, the Porto hubs are located in the same workspace: LACS Porto (located on Rua de Azevedo Coutinho, in Ramalde). The three new spaces are joined by the Center of Excellence & Competence OutSystems Porto, the High Performance Center Porto and the Insurance Service Hub.

"Although we're bringing the six hubs together in the same space, each one has a purpose in terms of specialization (...). Both national and international clients are increasingly looking for specialization to the detriment of delivery capacity. This is the purpose behind the creation of these structures," said Paulo Silva.

NTT Data has 15 hubs spread across a dozen locations in Portugal and expects to double its turnover to six million euros by 2025. From the north to the south of the country, the Japanese technology company currently employs 1,700 people.