FPT
28.2.2024 10:31:29 CET | Business Wire | Press release
Global IT corporation FPT recently signed a Memorandum of Understanding (MoU) with the multinational industrial technology conglomerate Siemens, fostering collaboration and mutually beneficial business opportunities in advancing the manufacturing sector and semiconductor chip production while accelerating digital transformation globally.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228584022/en/
Nguyen The Phuong, Executive Vice President and Chief Finance Officer of FPT Corporation (L), Pham Thai Lai, President & CEO of Siemens ASEAN & Vietnam (R), and both parties’ representatives. (Photo: Business Wire)
FPT and Siemens will join forces in areas such as smart infrastructure, green and intelligent data centers, digital industrial solutions, automotive software development, and digital transformation. Built on the successful partnership on MindSphere IoT Operating System since 2017, the new agreement focuses on strengthening engagement and competencies in digital transformation services for both sides and their clients worldwide, as well as opening up new business opportunities.
Harnessing FPT's robust expertise and high-quality workforce, FPT aspires to become the Global SI Partner for Siemens’ low-code platform - Mendix, and Engineering Services Provider for Siemens EDA, focusing on AUTOSAR projects.
Siemens also invites FPT to join its Xcelerator ecosystem to accelerate digital transformation with Siemens' solutions and applications. Additionally, the two parties will further expand collaboration in the smart infrastructure domain, with Siemens targeting to be the preferred supplier for FPT’s data center network and its sustainable infrastructure development projects in Vietnam.
Leveraging its profound technology foundation in the digital ecosystem, Cloud, and low-code, Siemens commits to aiding FPT with access to training and knowledge-sharing on a large scale. The German powerhouse will also provide support and explore collaboration with FPT in semiconductor design and manufacturing, one of FPT’s pivotal areas for future growth. As a leading chipmaking company in Vietnam, FPT also aims to supply semiconductor chips to Siemens.
Speaking at the signing ceremony, Dr. Truong Gia Binh, FPT Chairman & Founder, said: “FPT focuses on five keywords: Digital transformation, Green transformation, Artificial Intelligence, Automotive, and Semiconductor. Our greatest resource is our talented people, with 32,000 digital transformation experts working across the globe. In the future, we plan to invest in AI supercomputers and workforce training and development, prioritizing NVIDIA certifications and advancing innovations in industries such as automotive and semiconductor. I believe these will be the stepping stones to enhance cooperation between FPT and Siemens.”
Mr. Roland Busch, Chairman and CEO of Siemens AG, affirmed that FPT and Siemens have many commonalities: “Siemens has extensive experience in the semiconductor industry, and we are confident in our capability to provide FPT with technological support. Furthermore, Siemens boasts expertise in various domains, including smart infrastructure and digital industrial solutions. We are positioned to leverage these technologies to enhance product adaptability in daily life. Consequently, Siemens is fully prepared to collaborate closely with FPT in their future endeavors, offering comprehensive support and innovative solutions.”
Siemens and FPT have years of experience in successful collaboration, varying across sectors and industries. With a track record of success and extensive experience, FPT has established itself as a world-class technology enabler for complex business challenges and opportunities. Post surpassing one billion USD in revenue from global IT services in 2023, the Vietnam-headquartered tech corporation aims to achieve USD 5 billion in revenue from global IT services by 2030 and reach billion-dollar milestones from a single market, a single vertical industry and a single contract.
The signing ceremony took place in Hanoi, Vietnam, on 26 February 2024, with the participation of Dr. Roland Busch, Siemens AG President & Chief Executive Officer; Dr. Pham Thai Lai, President & Chief Executive Officer of Siemens ASEAN & Vietnam; Dr. Truong Gia Binh, FPT Corporation Chairman, Mr. Nguyen The Phuong, FPT Corporation Executive Vice President and Chief Finance Officer, as well as both companies’ senior leaders.
About FPT Corporation
FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of US$2.17 billion and 70,000+ employees. For more information, please visit https://fpt.com.vn/en.
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/20240228584022/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
3D Systems Achieves Full-Scope EU MDR Certification, Accelerating European Launch of NextDent® Jetted Denture Solution Targeted for Summer 202625.3.2026 17:20:00 CET | Press release
Certification Marks Major Milestone in Strategic Dental Growth Initiative Addressing Straightening, Protection, Repair and Replacement of Teeth 3D Systems (NYSE: DDD) today announced it has received full-scope certification under the European Union Medical Device Regulation (EU MDR) 2017/745. The certification was attained on Monday, March 16, 2026. This milestone confirms that the Company’s quality system, technical documentation, and clinical evidence meet the most rigorous regulatory requirements in the medical device sector. With the MDR certificate in hand, 3D Systems will now introduce MDR-compliant product versions through a carefully coordinated, phased rollout across its dental product families and European markets. This approach ensures a smooth transition while maintaining uninterrupted product availability for customers and healthcare providers. The EU MDR certification immediately enables the introduction of innovative new materials and is a pivotal step for one of 3D Syst
Visa to Bring Privacy-Preserving Payments to Canton Network25.3.2026 17:00:00 CET | Press release
Visa is the first payments company selected to become a Super Validator on the Canton Network, where it will help banks and financial institutions bring new payment flows onchain Visa (NYSE:V), a global leader in digital payments, today announced it will join the Canton Network as the first major global payments company to serve as a Super Validator, to help extend privacy‑preserving blockchain infrastructure to banks and financial institutions around the world. Visa will be one of 40 Super Validators on Canton. That move goes straight to a core challenge for financial institutions: the same transparency that gives blockchains their appeal can clash with privacy expectations financial institutions operate under. Canton Network, a blockchain built for regulated finance, has privacy built in from the beginning, so organizations can use shared infrastructure without exposing sensitive information. As a Super Validator, Visa will help clients who choose to run and secure operations on the
ECU Worldwide Unveils XLERATE 2.0 Expansion to Bypass Asia–Europe Supply Chain Disruptions25.3.2026 14:30:00 CET | Press release
Strategic LAX gateway enables faster, predictable cargo movement through a reimagined sea–air logistics model ECU Worldwide, Allcargo Globals’ wholly-owned global subsidiary, has announced a strategic expansion of its transformative logistics solution, XLERATE 2.0, to provide a high-speed and resilient alternative to Asia-to-Europe trade lanes facing transit disruptions. Under this alternative routing, cargo is transported across the Pacific to the US West Coast, using Los Angeles (LAX) as a temporary hub. The solution leverages XLERATE 2.0’s premium, time-definite ocean services, ensuring greater transit agility and continuity. XLERATE 2.0 offers two distinct shipping solutions from China and Vietnam, providing shippers with flexibility as traditional trade arteries remain impacted by shifts in global logistics. These changes have led to reduced overall capacity and the disruption of standard sea–air services via conventional transit points. Commenting on the rollout, Simon Bajada, Re
Incyte Announces Executive Leadership Appointments25.3.2026 14:00:00 CET | Press release
Incyte (NASDAQ:INCY) today announced appointments among its executive leadership team to support the Company’s strategic focus and long-term growth plans. Pablo J. Cagnoni, M.D., has been appointed President, Incyte and Global Head of Research and Development. In this role, Dr. Cagnoni will retain responsibility for Research and Development, while also supporting enterprise-wide strategic planning and operational execution. Under Dr. Cagnoni’s scientific leadership, Incyte’s R&D progress has been notable, including advancing our mutCALR antibody, povorcitinib, CDK2, KRASG12D and TGFßR2xPD1 programs. Dr. Cagnoni has also continued to strengthen the way Incyte conducts R&D, introducing a new structure, processes and new technologies to improve productivity and keep Incyte competitive. Steven Stein, M.D., has been appointed Executive Vice President, Chief Medical Officer and Head of Late-stage Development. In this role, Dr. Stein will continue to oversee Incyte’s extensive and growing lat
Andersen Consulting indgår en samarbejdsaftale med Ventum Consulting25.3.2026 13:58:00 CET | Pressemeddelelse
Andersen Consulting udvider sin globale platform med tilføjelsen af samarbejdspartneren Ventum Consulting, der er et forretnings- og teknologikonsulenthus med base i Tyskland, der specialiserer sig i digital transformation, enterprise agility, produktudvikling, datadrevet innovation samt nye teknologier såsom AI. Ventum Consulting hjælper organisationer med at bygge bro mellem forretning og teknologi ved at levere skræddersyede løsninger inden for strategi, procesoptimering og implementering af it-løsninger. Virksomhedens ekspertise omfatter data og AI, cybersikkerhed, enterprise architecture, bæredygtighed, cloud-transformation samt agile enablement, hvilket kun er et udsnit af deres omfattende serviceportefølje. Ventum Consulting arbejder med kunder på tværs af brancher, herunder bilindustri og produktion, finansielle tjenester og forsikring, sundhedssektoren og life science-industrien samt den offentlige sektor, for at accelerere digital transformation, styrke driftsmæssig robusthed
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