Does Everis still exist as a separate company?

No. Everis was formally rebranded and merged into NTT DATA, with the legal name change completed October 21, 2021, dissolving the brand across the 17 countries it operated in. Its former Spain/LatAm business now sits inside NTT DATA EMEAL, launched September 14, 2021 with about 38,000 employees and roughly 3 billion euros revenue.

Who owns Everis (NTT DATA) now?

NTT DATA Corporation acquired Everis, completing the deal January 28, 2014. The wider parent, NTT DATA Group Corporation, was then taken fully private by NTT, Inc. in a 2.37 trillion yen (about 16.5 billion dollar) buyout, delisting from the Tokyo Stock Exchange Prime Market on September 26, 2025.

Could AI replace the work Everis used to do under NTT DATA?

Everis's historic core lines, custom app development, systems integration, testing and lower-tier outsourcing/BPO, are explicitly flagged as the labor-intensive workflows most exposed to agentic AI automation, per NTT DATA's own June 2026 HFS Horizons agentic services materials. The AI-practice pivot (Gemini Enterprise, 500 agents target) is early-stage as of June 2026, not proven revenue protection.

Is NTT DATA (former Everis parent) profitable?

No standalone Everis profitability exists post-2021. Its SAP-focused sibling unit, NTT DATA Business Solutions, reported an EBITA margin of 7.5% on 1.850 billion euros revenue for FY2024/25, with 18,582 employees as of December 31, 2025, per company financial disclosures.

Who is Everis's biggest competitor in Spain and Latin America?

Indra is the Spain-native direct rival for the legacy Everis market. Globally, the successor NTT DATA also competes with Accenture ($64-70B scale), Capgemini, TCS, and IBM Consulting, all named alongside NTT DATA in the March 2026 PAC RADAR SAP Systems Integration Leaders ranking.

Is it risky to join NTT DATA's former Everis units (EMEAL) right now?

There is real near-term restructuring risk: NTT DATA Group's parent was fully privatized and delisted from Tokyo Stock Exchange on September 26, 2025, and the AI-driven repricing of labor-intensive delivery work (app dev, testing, BPO, the old Everis core) is actively underway as of mid-2026.

IT services and system integrators · absorbed · Spain

Everis

everis.com ↗

Spanish/LatAm IT consulting brand, now part of NTT DATA EMEAL, doing custom dev, testing, and outsourcing for banks and governments.

Protection under test

Assessed 21 July 2026 · Evidence as of 21 July 2026

Something worth protecting exists and is being tested right now.

On the recordSince 21 July 2026 · Checkable from Q4 2026-Q1 2027 · Every call on the record Checkpoint: Validation of Gemini Enterprise practice (5,000 experts, 500 agents) converting to booked revenue, not just certifications

The call

The brand survives inside NTT DATA's scale, but its labor-heavy delivery model sits directly in the path of agentic AI, and post-privatization restructuring could reshape the unit before the AI pivot proves itself in revenue.

Everis (now part of NTT DATA) sells custom software development, testing, and back-office work mainly to banks and governments in Spain and Latin America. It is vulnerable because AI tools can already do much of what it charges for, and bigger rivals like Accenture are openly winning deals on AI transformation. The company's survival depends on whether its new AI practice actually brings in paying customers and keeps its staff, or whether its parent company's private restructuring cuts the cost-effective teams that make the business work.

Why

AI pressure: Agentic AI and coding agents (Gemini Enterprise, GitHub Copilot-class tools). Custom app development, testing, and BPO seats, the core of its revenue, are exactly what agents automate first. Could AI do the core job? Only partly.

Bigger players: Accenture, Capgemini, TCS, IBM, Infosys, Indra. Accenture alone books $64-70B and is explicitly winning AI-transformation mandates that used to go to firms like this. Could a giant copy it? Yes, easily.

What protects it. Deep embedded contracts inside Spanish and LatAm banks and governments that are slow to switch vendors, plus NTT's balance sheet.

What would change this call

NTT Group announces restructuring or layoffs in NTT DATA EMEAL within 18 months of the Sept 2025 delisting. Would show post-privatization pressure compressing the near-shore delivery layer, weakening the unit.
Gemini Enterprise practice (5,000 experts, 500 agents) shows booked revenue growth by Q1 2027. Would show the AI pivot is converting to real revenue, not just marketing metrics.
Accenture, TCS, or Indra announce a major win displacing NTT DATA in a Spanish or LatAm government or banking contract. Would show direct customer loss to named rivals in Everis's core embedded markets.

Key numbers

NTT DATA Group $30B+ revenue, 75% of Fortune Global 100 served (2026-06-08)
NTT taken private, delisted from Tokyo exchange for $16.5B (2025-09-26)
NTT DATA Business Solutions revenue €1.85B, margin 7.5% (2025-12-31)

Named risks

Core labor-intensive lines (custom dev, testing, BPO) directly exposed to agentic AI compression. Severity: high
Post-privatization restructuring of NTT DATA Group following September 2025 delisting could hit regional EMEAL units. Severity: medium
AI-practice pivot (Gemini Enterprise, Conduct/SAP) is early-stage targets, not proven booked revenue. Severity: medium
Crowded incumbent field (Accenture, TCS, Capgemini, Indra, IBM) contesting same accounts and geographies. Severity: medium

Rivals, as read in July 2026

Rival	Direction	Evidence
Accenture	gaining on	Accenture pushing to be 'most AI-enabled company in the world', per CRN report dated 2026-03-19
Indra	contesting	Spain-native direct rival contesting the same legacy Everis banking/government accounts
Capgemini	contesting	Named alongside NTT DATA as SAP Systems Integration Leader, PAC RADAR 2026-03-19
TCS	contesting	Comparable global scale peer competing for same transformation and SI contracts
IBM Consulting	contesting	Also named a SAP Consulting and Systems Integration Leader in PAC RADAR, 2026-03-19

Questions people ask

Does Everis still exist as a separate company?: No. Everis was formally rebranded and merged into NTT DATA, with the legal name change completed October 21, 2021, dissolving the brand across the 17 countries it operated in. Its former Spain/LatAm business now sits inside NTT DATA EMEAL, launched September 14, 2021 with about 38,000 employees and roughly 3 billion euros revenue.
Who owns Everis (NTT DATA) now?: NTT DATA Corporation acquired Everis, completing the deal January 28, 2014. The wider parent, NTT DATA Group Corporation, was then taken fully private by NTT, Inc. in a 2.37 trillion yen (about 16.5 billion dollar) buyout, delisting from the Tokyo Stock Exchange Prime Market on September 26, 2025.
Could AI replace the work Everis used to do under NTT DATA?: Everis's historic core lines, custom app development, systems integration, testing and lower-tier outsourcing/BPO, are explicitly flagged as the labor-intensive workflows most exposed to agentic AI automation, per NTT DATA's own June 2026 HFS Horizons agentic services materials. The AI-practice pivot (Gemini Enterprise, 500 agents target) is early-stage as of June 2026, not proven revenue protection.
Is NTT DATA (former Everis parent) profitable?: No standalone Everis profitability exists post-2021. Its SAP-focused sibling unit, NTT DATA Business Solutions, reported an EBITA margin of 7.5% on 1.850 billion euros revenue for FY2024/25, with 18,582 employees as of December 31, 2025, per company financial disclosures.
Who is Everis's biggest competitor in Spain and Latin America?: Indra is the Spain-native direct rival for the legacy Everis market. Globally, the successor NTT DATA also competes with Accenture ($64-70B scale), Capgemini, TCS, and IBM Consulting, all named alongside NTT DATA in the March 2026 PAC RADAR SAP Systems Integration Leaders ranking.
Is it risky to join NTT DATA's former Everis units (EMEAL) right now?: There is real near-term restructuring risk: NTT DATA Group's parent was fully privatized and delisted from Tokyo Stock Exchange on September 26, 2025, and the AI-driven repricing of labor-intensive delivery work (app dev, testing, BPO, the old Everis core) is actively underway as of mid-2026.

Timeline

2026-06-08NTT DATA expands Google Cloud collaboration, targets 500 AI agents and 5,000 certified experts
2026-06-04NTT DATA named Horizon 3 Market Leader in HFS Horizons Agentic Services 2026
2026-05-31NTT DATA Business Solutions and Conduct announce AI-native SAP transformation partnership
2026-01-08NTT DATA Business Solutions acquires The Cloud People Group AS, Oslo ServiceNow partner
2025-09-26NTT DATA Group delisted from Tokyo Stock Exchange after full privatization by NTT, Inc.
2025-07-01NTT DATA Group corporate logo refresh takes effect across Group and Japan units
2021-10-21Everis brand legally rebranded to NTT DATA, brand dissolved across 17 countries
2021-09-14NTT DATA EMEAL launches, combining Everis with legacy NTT DATA EMEA, ~38,000 employees
2021-04-29NTT DATA announces integration of Everis and itelligence into the NTT DATA brand
2014-01-28NTT DATA Corporation completes acquisition of Everis

Revision history

21 July 2026

First assessed. Protection under test. The text above is fixed as of this date and is not edited afterwards.

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Sources

everis changes its brand to NTT DATA (2021-10-20)
NTT DATA announces the launch of NTT DATA EMEAL (2021-07-29)
Form 6-K (2013-10-31)
Notice of Delisting of Company Shares (2025-09-25)
NTT DATA Expands Collaboration with Google Cloud (2026-06-08)
NTT DATA Named a Market Leader in HFS Horizons: Agentic Services, 2026 (2026-06-04)
Our Financial Data (2026-01-08)
Our Financial Data (2026-07-08)
Our Financial Data (2026-01-09)
NTT DATA Group Corporate Profile (2025-03-30)
Leaders in SAP Consulting & Systems Integration Worldwide 2026 (2026-03-19)
What is Competitive Landscape of NTT DATA Company? (2026-03-19)