NTT Group’s consolidated operating revenues for the fiscal year ended March 31, 2024 were 13,374.6 billion yen (an increase of 1.8% from the previous fiscal year), consolidated operating profit was 1,922.9 billion yen (an increase of 5.1% from the previous fiscal year), and consolidated profit attributable to NTT was 1,279.5 billion yen (an increase of 5.5% from the previous fiscal year).
Some of NTT's highlighted initiatives:
- NTT is creating new value and accelerating a global sustainable society through the IOWN concept, which involves photonic-electronic convergence devices and ultra-low power consumption.
- NTT is commercializing its IOWN APN service and collaborating with Sony to develop a multi-site wide-area remote production platform.
- NTT DOCOMO is strengthening its personal business by acquiring subsidiaries and using data to provide new marketing value.
- NTT is using AI to promote digital transformation in various industries, including its own operations, by launching a commercial service that uses its Large-scale Language Model (LLM) “tsuzumi.”
- NTT DOCOMO is offering OREX Open RAN service to international telecom operators, which can reduce costs and accelerate 5G network deployment.
- NTT, as the world's third largest data center provider, is expanding its business to meet the growing demand for data centers.
- NTT launched the Green Transformation (GX) solution brand “NTT G×Inno” to help customers achieve carbon neutrality.
- NTT is creating circular economy businesses by promoting renewable energy and acquiring Green Power Investment Corporation.
- NTT has established new targets aimed at achieving Net-Zero by FY2040.
- NTT is improving the customer experience by expanding its network facilities and upgrading its services.
https://group.ntt/en/newsrelease/2024/05/10/240510a.html
Tech Update: NTT Research - Innovations for a Better Future
As demand for network and computing capacity continues to rise, AI is pushing for a revolutionary new infrastructure that is quicker, more sustainable, and secure. This will support cutting-edge innovations. Implementing NTT's IOWN concept, which aims to shift from electronic to photonic technologies in networks and computing, will play a crucial role in developing a more sustainable and scalable AI infrastructure.
Kazuhiro Gomi, President and CEO from NTT Research, provides updates from Upgrade 2024 event in San Francisco :
- The role of photonics technology as a potential solution to the overheating problem in IT tech infrastructure, especially as AI requires significant computational power and energy consumption.
- The steps towards integrating photonics technology into our systems, starting with replacing connections between processors and memory, and eventually leading to the development of optical computers.
- The importance of investing in fundamental basic research, as it is the starting point for big innovations, and how NTT Research allocates a significant portion of its operating income towards this type of research.
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