NTT plans to make its AI powerhouse NTT Data Group a wholly owned subsidiary in a deal worth 2.37 trillion ( 16.5 billion), the latest in a series of Japanese parent companies absorbing their listed units. The country's biggest telecom operator is launching a tender offer of 4,000 per share for all stock it doesn't own in NTT Data. That represents a premium of 34% to its close the previous day. The tender will take place from Friday to June 19, with NTT Data to delist after the tender. News of the deal sent NTT Data shares up by their daily limit of 17% on Thursday, its highest in 25 years.

PUNE AI-enabled radiology platform DeepTek is playing an important role in precise diagnosis of diseases like TB and Covid-19. The Pune-based startup has received strategic investment from a clutch of investors so far, and is eying another VC round in next six months. Patil completed his schooling from SSPMS school and engineering from COEP in 1992. He has a Master's degree from IIT-Kharagpur in Industrial Engineering and Operations Research. Amit Kharat, with a DNB and PhD in Radiology, has been engaged in the radiology space for the last 17 years.

The Las Vegas self-driving shuttle is one of many smart cities projects. Welcome to Las Vegas, city of smart lights, self-driving shuttles and startups. Away from the glittering, casino-strewn area known as the Strip is a far more pedestrian-looking area. It's just a 15-minute drive from Las Vegas Boulevard, but it feels like a different world. It's quiet downtown, because while the Strip was thronging with 200,000 extra visitors for CES 2020 last week, the streets here were cold and empty.

Japanese IT service provider, NTT DATA has invested in medical imaging AI start-up company DeepTek. NTT has not disclosed the size of investment. Ajit Patil, co-founder, DeepTek, said this was a seed stage funding and NTT had picked up 10-15% stake in the company and they had formed a strategic equity partnership with NTT Data. This funding would take care of their need for around two and half years but they are looking at further global alliances and venture funding, he said. DeepTek is co-founded by Dr Amit Kharat a leading radiologist in the country, Aniruddha Pant an AI technology expert with a Berkeley University PhD, and Ajit Patil, a serial entrepreneur, whose earlier start-up exited to NTT DATA Corp.

Digitization is transforming business and society. In my last article, I introduced four technology trends that NTT DATA has identified as the most influential. Here are another four groundbreaking developments that are set to disrupt entire industries in the near future. Technology trends have already brought us huge advancements in healthcare, helping humans live longer than ever before. However, society will struggle to sustain an aging population.

Banks and credit unions used to think that "service" is what differentiated one financial brand from another. But now, the digital experience is paramount when it comes to separating the winners from losers in the banking industry. Subscribe to The Financial Brand via email for FREE!Consumers say the overall digital experience their bank or credit union serves up is lacking. According to research by NTT DATA Services, consumers think banking providers struggle with anything beyond simple functional tasks like checking your account balances or looking up your transaction history. In the report, the study's participants said their biggest beefs with their financial institution's digital experience include: NTT DATA says one segment of consumers want simple and reliable Alexa-like interactions for routine interactions (e.g., making a balance inquiry, or checking on the status of a service inquiry).

What does the future of big data hold? NTT Data released the 4 areas of information technology trends and 8 technology trends in its report "Looking Ahead: Technology Trends Driving Business Innovation." NTT Data divides the impact of big data into information society trends and technology trends. Information society trends include all things related to the individual and their devices. The growing influence of individuals will transform existing societies and industries.

Dell Inc. is selling its Dell Services information technology unit to NTT Data Inc. for just over 3 billion as part of its ongoing reorganization plan. Dell had purchased the business for 3.9 billion in 2009 when it was Perot Systems, founded by billionaire and onetime presidential candidate Ross Perot. The sale comes as privately-held Dell prepares to buy data storage provider EMC for 67 billion and tries to reinvent itself as more than just a personal computer company. That deal was announced in October and was initially targeted to close in the second or third quarter of Dell's fiscal year ending Feb. 3, 2017. Japan-based NTT Data focuses on information technology in the medical field, including medical records and billing.