NTT DATA and Reiz Tech launch LITIT

The joint venture, built on previous collaborative successes of its parent companies, aims to transform the IT landscape of the DACH region through innovative solutions.

  • Friday, 22nd March 2024 Posted 10 months ago in by Phil Alsop

NTT DATA, the Germany-based part of the NNT Group, and Reiz Tech, a Lithuanian end-to-end IT consultancy, are launching a new company called LITIT, which will provide strategic IT services for the DACH region. This joint venture builds on a successful three-year collaboration between the two companies.

With an official launch date of April 1, 2024, LITIT aims to provide IT consultancy, custom software development, and strategic support in Germany, Austria, and Switzerland, with a focus on the automotive, financial services, and logistics industries.

A fusion of cultural understanding and tech expertise

The launch of LITIT is motivated by a commitment to understanding and integrating the cultural nuances and business requirements unique to the DACH market. “The combination of NTT DATA’s global insights and Reiz Tech’s local expertise gives LITIT a distinctive edge,” says Kristina Kikalienė, the newly appointed CEO of LITIT and former Reiz Tech Key Account Manager.

“In Reiz Tech’s three-year collaboration with NTT, we found that our work cultures and ethics align closely. And our cooperation proved highly successful, as evident in the speed of delivery, responsiveness, and the quality of project outcomes,” Kikalienė says. “Moving forward, LITIT will be positioned to leverage the deep-rooted technological expertise and cultural strengths of its two parent companies.”

A commitment to talent development and growth

LITIT plans to significantly expand its workforce in the coming years, aiming to hire up to 100 specialists in its first year alone. Going forward, the initiative plans for further growth, continuing to scale its team up by several hundred employees by 2027. Embracing its parent companies’ focus, LITIT looks to prioritize diversity and provide a wealth of dynamic growth opportunities for its talent.

A core component of LITIT’s mission will be to foster talent and innovation within the IT community. The company is committed to collaborating with local educational institutions to nurture the next generation of IT professionals. This initiative is expected to contribute significantly to the already notable IT talent pool in Lithuania, ensuring a steady influx of skilled individuals prepared to excel and grow with the company.

£2 billion in credit lines milestone

Posted 2 hours ago by Phil Alsop
TD SYNNEX landmark achieved on the back of steady growth in business, changes to partner business models, and the need to support growing number of...

University of Northampton migrates to Nutanix

Posted 2 hours ago by Phil Alsop
Move from a complex multivendor legacy solution, fast recovery from outages and a future proof platform cited as key results by the University.

Evolve partners with Evolve IP

Posted 2 hours ago by Phil Alsop
Evolve, a leading provider of Managed Network Solutions and IT services, has formed a strategic partnership with Evolve IP. The collaboration...

Telxius enhances Global Carrier Ethernet Service

Posted 3 hours ago by Phil Alsop
Enterprises and service providers can flexibly scale bandwidth between 50Mbps and 100Gbps+. The service is supported by Telxius’ global submarine...

Totalmobile launches Global Partner Program

Posted 3 hours ago by Phil Alsop
Totalmobile, a leading provider of Field Service Management solutions, today has launched its new Strategic Alliances and Partner Program. The new...

ServiceNow enhances global partner program

Posted 4 days ago by Phil Alsop
ServiceNow nearly quadruples investment in incentives and specializations, enabling all partners to capitalize on rapid growth of ServiceNow AI...

Assured Data Protection and Wavenet partner

Posted 4 days ago by Phil Alsop
Partnership strengthens Wavenet’s cybersecurity capabilities as ransomware threat continues.
With Cubbit DS3, healthcare company ASL CN1 Cuneo protects its data with exceptional resilience against ransomware and disasters, fully complying...