Revenue: £242.5m (+35%)
Headcount: 599
Sizing NTT’s VAR-style business in the UK is no easy task, but we’ve chosen to zoom in on the UK accounts of the former Dimension Data business (now ‘NTT United Kingdom’). They showed revenue advancing by more than a third to £242.5m in its year to 31 March 2022. Operating losses doubled to £4.5m, however, as the Cisco partner experienced pressure on hardware margins in the face of the switch to software-based networking solutions.
Oxygen icebreaker: With $108bn revenues and more than 330,000 employees, Japanese carrier NTT Group is larger than all the firms in this report put together by a factor of about four.
