IT services provider NTT DATA, part of the NNT Group, and Lithuanian IT consultancy Reiz Tech are setting up LITIT, a new company aimed at delivering strategic IT solutions in the DACH region.
Launching on April 1, 2024, this new joint venture focuses on providing IT consultancy, software development, and strategic services specifically for the automotive, financial services, and logistics sectors in Germany, Austria, and Switzerland.
Kristina Kikalienė, the newly appointed CEO of LITIT and former Reiz Tech Key Account Manager, said: “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.
“Moving forward, LITIT will be positioned to leverage the deep-rooted technological expertise and cultural strengths of its two parent companies."
LITIT aims to hire up to 100 specialists in its first year and expand to several hundred by 2027.