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HANOI, Vietnam, Dec. 22, 2023–(BUSINESS WIRE)–Global generation company FPT has surpassed $1 billion in the global IT segment, generated through its subsidiary FPT Software. This makes FPT the first generation company based in Vietnam to achieve this milestone, highlighting its sustainable growth, unwavering commitment to innovation and determination for visitor satisfaction.
In 2023, the IT firm made monumental strides in expanding its global presence and alliances to deliver successful digital transformation to customers, evident from its elevated strategic partnerships with several industry leaders, including SAP, Microsoft, AWS, Salesforce, and Adobe. As part of FPT’s global expansion strategy, it has also inked several investment and acquisition deals with Landing AI, Intertec International, Cardinal Peak, and AOSIS to enhance its competencies and provide closer support to clients in overseas markets. These efforts allow FPT to double its revenue from global IT services in three years, with the largest contribution from its major markets – Japan, the Americas, and Asia Pacific, accounting for roughly 30 percent each.
FPT has established itself as a trusted partner for corporations across multiple industries, and virtual transformation plays a vital role in its end-to-end and solution portfolio, accounting for approximately 50% of total global revenue. The company has extensive experience in various areas, adding ERP modernization, cloud and data, and software-defined vehicles. FPT Automotive’s recent launch further solidifies its strategic investment and builds on its decade-long experience in automotive product engineering and solutions.
These achievements are underpinned by FPT’s people-centric business approach, with its strong commitment to sustainable practices, office diversity, and workforce development. The company has earned an EcoVadis Silver score for its ESG projects and has been identified as a “Great Place to Work” in countries, adding Vietnam, Japan, Singapore, the United States, and more.
As a catalyst for world-class technology to address complex situations and opportunities that demand business, FPT anticipates immense global market prospects and opportunities to realize billions of dollars in profits and gains from a single market, a single industry vertical, and a single contract. Following this direction, the IT company will continue to provide end-to-end solutions, all incorporated with artificial intelligence (AI). Its global workforce will be further bolstered through experienced experts and a strong pipeline of young professionals with IT skills from its home country of Vietnam. and other countries such as India, China, the Philippines, and Latin America. At the same time, it will be at the forefront of promoting Vietnam’s momentum as the world’s emerging virtual hub to help its customers reinvent business excellence and resilience.
“FPT Corporation’s ambition is to showcase Vietnamese intelligence and generation on the global stage, and our subsidiary FPT Software was founded to make this vision a reality. As the world turns its attention to Vietnam as a leading hub for business investment and virtual innovation, we have demonstrated “Our critical role in driving this movement forward. On the road ahead, we will persist as a reliable partner, enabling global companies to move towards a more sustainable and happier future,” said FPT Corporation Founder and Chairman Dr. Truong Gia Binh.
“Human resource progression is the foundation of our sustainable growth. This achievement is a testament to the collective efforts and wisdom accumulated over generations of people at FPT Software. We will continue to progress our skills and provide our workers with a pleasant environment to running and the mandatory knowledge and capabilities to meet developing market demands and global standards,” said Chu Thi Thanh Ha, President of FPT Software.
“With AI as a built-in accelerator across all facilities and responses, we are committed to enabling agility and scalability and optimizing the quality and productivity of all projects. Looking ahead, we plan new partnerships, mergers and acquisitions with leading corporations around the world for our nearshore network expansion, delivery quality, core competencies and operational excellence to provide end-to-end answers and better serve our global customers,” said Pham Minh Tuan, CEO of FPT Software.
As a leader in Vietnam’s nationwide movement of digital transformation, FPT has also set its sights on AI and semiconductor as strategic focuses, with a series of initiatives, including becoming the founding member of the AI Alliance led by IBM and Meta, advancing its strategic partnership with Mila, launching Semiconductor Circuit Faculty and working on collaboration opportunities with world’s leading names in semiconductor like Nvidia. It has obtained orders for nearly 70 million chips, scheduled for delivery by 2025.
About FPT Corporation and FPT Software
FPT Corporation is a global generation company and leader in consulting, provisioning and implementation of telecommunications and generation solutions.
FPT Software, its subsidiary, is a global IT and generation provider headquartered in Vietnam. The company champions complex business opportunities and demanding situations with its world-class in complex analytics, artificial intelligence, virtual platforms, cloud, hyperautomation, IoT, low code. and so on. It has partnered with more than 1000 consumers worldwide, 91 of which are Fortune Global 500 corporations in aviation, automotive, banking, money and insurance, healthcare, logistics, manufacturing, utilities, and more. For more information, stop at https://fptsoftware. com/
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Contacts
Media Mai Duong (Mrs. )FPT SoftwarePR ManagerMCP. PR@fpt. com