FPT-SOFTWARE
Global tech corporation FPT affirms its position as a world-class technology enabler for complex business challenges and opportunities with long-term goals defined for 2024 onwards. FPT aims to achieve USD 5 billion in revenue from global IT services in 2030 and reach billion-dollar milestones from a single market, a single vertical industry, and a single contract.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240111379315/en/
From left to right: FPT Software Chairwoman Chu Thi Thanh Ha, FPT CEO Nguyen Van Khoa, FPT Software CEO Pham Minh Tuan (Photo: Business Wire)
On track with this direction, FPT recently became the first Vietnam-headquartered tech firm to surpass one billion USD in revenue from global IT services in 2023. The company embarked on the global expansion journey with the establishment of its subsidiary FPT Software in 1999. Since then, FPT has evolved from developing simple applications to implementing core IT services for its clients; transitioned from a services provider to a comprehensive solution provider; and progressed to higher stages in the technology value chain, with digital transformation and legacy modernization included in its offerings. To achieve its future goals, FPT will leverage its strengths in technical expertise and industry know-how, skilled IT talents, and the growing prominence of its home country Vietnam.
"In the past, FPT had to proactively seek partnerships, but now many big corporations are heading to Vietnam and FPT. Vietnam is rising as a new destination for global businesses. As Vietnam’s pioneering IT firm, we want to reach new heights in the semiconductor industry and artificial intelligence (AI). The future of Vietnam and the world will revolve around semiconductors and AI,” said FPT Chairman Dr. Truong Gia Binh.
"At FPT Software, we believe that world-class stature is built from world-class people. Over the past 25 years, we have strengthened the company's foundation by fostering a one-team spirit, a lifelong learning culture, and a happy working environment. Moving forward, we will continue promoting the development of technology, creativity, domain expertise, and embrace culture and diversity for our workforce of 30,000 talented individuals to keep up with growing market demand and global standards," said FPT Software Chairwoman Chu Thi Thanh Ha.
"Entering the new era as a world-class company, FPT Software is well-positioned to accompany our clients in projects worth millions or billions of dollars. We are committed to developing our high quality global IT workforce to better serve businesses in high-growth fields such as automotive, healthcare, insurance, supply chain, finance, and utilities. We will also embed AI into all services and solutions to enhance agility, productivity, quality and accelerate delivery time for our clients worldwide,” said FPT Software CEO Pham Minh Tuan.
With a track record of success and extensive experience gained over the years, FPT has established itself as a trusted partner to drive advancements in fast-growing fields. In 2023, FPT is one of three companies in Southeast Asia to join SAP’s Regional Strategic Services Partner (RSSP) in the Asia Pacific and Japan region. With over 10 years of experience in automotive software, FPT has built a strong team of over 4,000 engineers and experts for this domain, serving more than 150 clients, including renowned global brands such as Honda, Hyundai, Volvo, VinFast, Ford, Yazaki, LG, Panasonic, NXP. In December 2023, the subsidiary FPT Automotive was officially launched in the United States, after maintaining a growth rate of 40% in recent years as a unit under FPT Software, contributing significantly to its achievement of one billion USD in revenue from the global IT services segment.
About FPT Corporation and FPT Software
FPT Corporation is a global technology corporation and a leader in consulting, providing, and deploying technology and telecommunications services and solutions.
FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $1 billion in revenue (2023) and over 30,000 employees in 30 countries.
The company champions complex business opportunities and challenges with its world-class services in Advanced Analytics, AI, Digital Platforms, Cloud, Hyperautomation, IoT, Low-code, and so on. It has partnered with over 1,000+ clients worldwide, 91 of which are Fortune Global 500 companies in Aviation, Automotive, Banking, Financial Services and Insurance, Healthcare, Logistics, Manufacturing, Utilities, and more. For more information, please visit https://fptsoftware.com/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240111379315/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Xsolla Celebrates a Week of Industry Programming at The Game Awards With a New Brand Launch, Day of the Devs Participation, and GamesBeat Hollywood & Games 2025 Partnership10.12.2025 18:00:00 CET | Press release
Coordinated Initiatives Highlight Xsolla’s Commitment to Building All The Things to Support Global Game Commerce and Creative Innovation for the Video Game Industry Xsolla, a leading global video game commerce company that helps developers launch, grow, and monetize their games, today announced a unified lineup of programming during The Game Awards week in Los Angeles. Together, these initiatives showcase Xsolla’s commitment to bringing the community and ecosystem together to support creators, strengthen the relationship between games and their players, and enable games to reach more markets around the world. The week of activities includes its partnership with GamesBeat Hollywood & Games 2025, a featured role during Day of the Devs: The Game Awards Digital Showcase, Games for Love’s The Game Gala, and the unveiling of Xsolla’s refreshed brand identity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251210688609/en/ Berkley
Hanseo University Expands Aviation Training Program with New Frasca Flight Training Device10.12.2025 16:05:00 CET | Press release
The new device marks the latest milestone in a long-standing collaboration between Hanseo University and Frasca International, Inc. Frasca International, Inc., a FlightSafety International company and leader in flight simulation, today announced that Hanseo University in South Korea is expanding its aviation program with a new Level 5 Cessna 172 Flight Training Device (FTD), the seventh Frasca device to join the university’s fleet. Hanseo University’s school of Aeronautical Science recognized by the Korean University Accreditation Institute as the nation’s first Specialized University for Training Professional Workforce Industries, continues to expand its state-of-the-art simulation capabilities with the acquisition of a Level 5 Cessna 172 FTD. The addition builds on a partnership with Frasca that has spanned more than two decades and further advances aviation education across Asia. “We were seeking simulators that provided both realism and reliability, and Frasca stood out immediately
Bregal Milestone Announces Majority Growth Investment in Beyond Now10.12.2025 16:00:00 CET | Press release
Partnership to Drive Beyond Now’s AI-Led Innovation and Expansion Bregal Milestone, a leading European software growth private equity firm, today announced a majority growth investment in Beyond Now (the “Company”), a fast-growing, cloud-native supply chain software provider for AI-enabled digital commerce. Driven by strong customer demand, Beyond Now has generated profitable growth and >40% last twelve-month ARR growth. Beyond Now supports some of the world’s largest and most innovative Communication Service Providers (CSPs), including Verizon, AT&T, Deutsche Telekom, and NTT, in managing complex digital supply chains to create seamless end-to-end partner and customer operations. Founded in 2018, the Company serves telecommunication providers, technology companies, and private enterprises to efficiently scale and monetize digital services through its suite of modern, Ecosystem Orchestration and Digital Platforms - including an AI Digital Business Platform for orchestrating partner off
NetJets to Bring Starlink High-Speed Connectivity to Fleet10.12.2025 15:05:00 CET | Press release
The agreement between the two companies will bring reliable Wi-Fi connectivity to one of the world’s largest fleets of jets, ensuring a seamless, best-in-class experience for Owners NetJets, the global leader in private aviation, and Starlink have entered into an agreement to bring high-speed in-flight connectivity to 600 aircraft across NetJets’ global fleet by the end of 2026, unlocking a new level of productivity and exceptional travel experiences in the air. “This agreement with Starlink positions NetJets to continue delivering exceptional travel experiences for our Owners and their guests,” said Patrick Gallagher, President, NetJets Aviation. “With Starlink, travel is elevated with reliable connectivity whether our Owners are flying for business or leisure—as seamless connectivity is critical to the experience our Owners need and deserve.” This multi-year, service level agreement paves the way for NetJets to quickly and seamlessly outfit its aircraft across the U.S. and Europe, wi
Mercator Ocean International Makes AI Ocean Forecasting Operational with GLONET Validated by OceanBench at NeurIPS 202510.12.2025 15:00:00 CET | Press release
New benchmark sets the first science-based quality standard for AI ocean models, enabling GLONET’s operational deployment At NeurIPS 2025, one of the world’s leading AI conferences, Mercator Ocean unveiled OceanBench, the first open benchmark designed to assess AI Ocean forecasting models. This milestone follows the publication of Mercator Ocean’s AI model GLONET in September. Together, OceanBench and GLONET represent a decisive step toward integrating artificial intelligence into operational ocean forecasting, strengthening Europe’s leadership in trustworthy, AI-driven predictions at global scale. Presented by Anass El Aouni, Oceanographer and machine learning (ML) researcher, and Quentin Gaudel, ML Systems Architect, OceanBench establishes a unified standard to evaluate AI models against fundamental ocean dynamics. GLONET is the first forecasting system to be validated through OceanBench for operational use. Anass El Aouni : “OceanBench provides a transparent standard to evaluate AI-
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom