Cipherpoint secures new global innovation partner in NTT Data Deutschland

Cipherpoint Ltd (ASX:CPT) has secured a strategic new partner in global technology and innovation company NTT Data Deutschland GmbH, part of the NTT Group and a leading provider of business and IT solutions with in excess of 123,000 employees in more than 50 countries. As a premier partner, NTT DATA will install Cipherpoint’s products into its Solutions Campus to train its salesforce as part of a joint go-to-market strategy. NTT DATA will also provide consulting, implementation and support services to clients seeking to secure their digital transformation journey. “Extending sales reach in Europe” Cipherpoint Limited chief operating officer Steven Bliim said: “cp.Protect and cp.Discover provide an important foundation for any digital transformation or cloud adoption journey. “With the explosion of work-from-home this year, the requirement to enable the secure sharing of business information across collaboration systems has never been more important. “Having NTT DATA as a premier partner will assist us to extend our sales reach in Europe. “We look forward to working closely with Mr Schraut and his team to empower their European and global clients to safely embrace digital change.” “Protecting sensitive data” NTT DATA SVP Cybersecurity Patrick Schraut said: “Security is the basis of successful business, sustainable innovation and trustworthy cooperation. “This is why we place the security of our customers at the centre of our activities. “Cipherpoint’s solutions help to achieve this, as they address important requirements in dealing with insider risks and compliance. “This also includes the secure use of SharePoint as one of the most frequently used applications by enterprises. “This partnership will help us to provide our customers with advanced detection, classification and protection of sensitive data.” Reselling Cipherpoint products Under the arrangement, NTT will act as a reseller of Cipherpoint’s products at resale rates agreed between the parties and provide various levels of support to their customers. The agreement is for a term of 12 months, which will renew automatically unless terminated by either party. In addition to the reseller partner arrangement, NTT DATA has agreed to promote Cipherpoint’s products within its banking, insurance and health care industry lines. NTT DATA’s customers include some of the largest European-based institutions across banking, finance, insurance, health care, luxury goods and automotive.