FPT Software - Company of the Year - Computer Software

Company: FPT Software, Hanoi
Company Description: FPT Software is a global technology and IT services company headquartered in Hanoi, Vietnam. It is a subsidiary of FPT Corporation, a multinational technology conglomerate with nearly US$1.3 billion in revenue and 29,000 employees. The company has provided over 700 customers worldwide with world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Embedded Systems, and more.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Computer Software - Large

Nomination Title: FPT Software

Established in 1999,FPT Softwareis a global technology and IT services provider headquartered in Vietnam, with more than USD500 million in revenue, 20,000 employees, and a presence spanning over 26 countries around the world.

The company delivers world-class services in Smart factory, Digital platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and so on. It has served over 700 enterprises worldwide, a hundred of which are Fortune Global 500 companies in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more.

Setting the strategic focus on digital transformation, FPT Software has step by step turning itself into an innovative organization and at the same time, helping its corporate customers reimagine business by integrating next-gen technologies into every aspect of operations, enabling them to transform digitally.

FPT Digital Kaizen™ - a unique digital transformation methodology

In 2019, after years of working with several global disruptors, FPT Software has craftedFPT Digital Kaizen™- a methodology to help businesses worldwide accelerate their digital transformation journey. Inspired by the Japanese philosophy for "continuous improvement", FPT Digital Kaizen™ suggests that every digital transformationprocess follows three steps: Think big, Start small and Scale fast.

According to FPT Digital Kaizen™, businesses should constantly optimize their operations and eliminate inefficiency through innovative solutions. In that light, digital transformationis not necessarily a big bang, but rather, a series of quick wins that build towards long-term success.

FPT Software has tested the methodology on itself by constantly looking for areas to optimize with digital technologies, which allow the company to improve internal capabilities while affirming the effectiveness of its solutions before implementing them to customers worldwide.

akaSuite – a set of ready-made solutions that make innovation a reality

FPT Software developedakaSuite– an integrated suite of digital tools to turbo-charge digital transformation.

Currently comprising 15 digital tools, akaSuite allows companies to unlock new value pools, achieve operational excellence, and reimagine experiences in a more effective, economical, and efficient way than ever before.

Some of its outstanding products includingakaChain– blockchain-backed enterprise platform,akaBot– comprehensive RPA solution,akaMES– digital manufacturing platform, have been recognized with both local and international awards for the innovation and exceptional values they bring to customers.

Given the unexpected challenges posed by the COVID-19 crisis, FPT Software has applied FPT Digital Kaizen™ methodology and akaSuite to help itself and its customers stay afloat during the pandemic.
Following the philosophy of FPT Digital Kaizen™, FPT Software has come up with prompt responses to survive and thrive through the constant changes.

In 2020, the company achieved double-digit revenue growth and reached the 500 million USD in revenue milestone. It also saw great success in vendor consolidation. Last year, FPT Software won major contracts worth hundreds of million dollars from industry giants around the world, strengthening its market position as a trusted partner. Also, while lots of firms laid off their personnel to reduce costs, FPT Software managed to preserve and even expanded its workforce, taking the turnover rate to below the industry average.

FPT Software’s customers also saw success after leveraging its cutting-edge digital solutions.
FPT Software helped German automotive and industrial supplierSchaefflerbuild its world-class smart factory in Vietnam, which is part of its global pilot project for digital manufacturing.

The technology company also stands behind the success ofTPBank, the country’s most innovative digital bank by automating many of the bank’s repetitive and complicated processes and with the implementation of akaBot - comprehensive RPA solution.

These are only a few examples among over 700 enterprises that FPT Software has served and transformed successfully. The company looks to further improve its product suite in the future to assist more companies in the digital transformation journey.

Company website:https://www.fpt-software.com/

FPT Software’s Digital Transformation Methodology Featured in ACIS 2020 Winning Paper:https://www.fpt-software.com/fpt-softwares-digital-transformation-methodology-featured-in-acis-2020-winning-paper/

FPT Software Chief Executive Officer on 2021-2023 Vision and Strategy:https://www.fpt-software.com/feature-interview-fpt-software-chief-executive-officer-on-2021-2023-vision-and-strategy/

Customers talking about FPT Software:https://www.youtube.com/watch?v=zsXuOx37WYA&list=PLgtDNa2l3VziyhO1D7YTn65L_MpVw65f-&ab_channel=FPTSoftware