FPT Software Company Limited (), or simply FPT Software, is a global IT services provider headquartered in

Hanoi Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi i ...

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it ...

, being the core subsidiary of the FPT Corporation. It is considered as one of the biggest software services company in Vietnam, with US$1.87 billion in revenue and more than 42,000 employees.

History

FPT Software was founded in 1999 by 13 members of

FPT Group FPT (or FPT Group, "FPT" stands for ''Corporation for Financing and Promoting Technology''), is the largest information technology service company in Vietnam with its core business focusing on consulting, providing and deploying technology and ...

, led by Nguyen Thanh Nam (later CEO, Chairman of FPT Software then CEO of FPT Group). In 2000, it opened two first oversea branches in

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Count ...

, US and

Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...

, India; both closed after one year due to lack of customers. The FPT Board of Directors decided to shift the direction to Japan market, which boosted the growth of the company. In 2005, FPT opened its first branch in Japan and Singapore, then expanded to Paris, France and reopened US's branch in 2008. The company also opened its domestic delivery center in

Ho Chi Minh City , population_density_km2 = 4,292 , population_density_metro_km2 = 697.2 , population_demonym = Saigonese , blank_name = GRP (Nominal) , blank_info = 2019 , blank1_name = – Total , blank1_ ...

(2004), and in

Da Nang Nang or DanangSee also Danang Dragons ( ; vi, Đà Nẵng, ) is a class-1 municipality and the fifth-largest city in Vietnam by municipal population. It lies on the coast of the East Sea of Vietnam at the mouth of the Hàn River, and is o ...

(2005). In 2009, FPT Software was re-organized as a joint-stock company, with the newly appointed Chairman Nguyen Thanh Nam (Former FPT Software CEO) and CEO Bui Thi Hong Lien (former CEO FPT India and former CEO FPT Japan). In 2012, FPT Software has the first major organization shift, with changes in the board of directors, business model (from multiple subsidiary companies to delivery centers and oversea branches), and strategy (from traditional

information technology outsourcing Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and ...

(ITO) services to third platform (SMAC)-oriented services). By the end of 2013, FPT Software reached $100 million of revenue and 5,000 employees. In June 2014, FPT Software acquired RWE IT Slovakia, an IT Business Unit of RWE, becoming the first Vietnamese IT company to conduct an overseas

merger and acquisition Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

. The deal helped FPT Software access to the

energy management Energy management includes planning and operation of energy production and energy consumption units as well as energy distribution and storage. Objectives are resource conservation, climate protection and cost savings, while the users have perman ...

domain and know-how in

SAP Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a separ ...

technologies with more than 400 local experts. In 2016, FPT Software reached $230 million of revenue and 10,000 employees, which put the company comparable to India Top 20 IT Services companies. FPT Japan also achieved the revenue of $126 million, becoming the first Oversea Branch of FPT Software to cross over $100 million revenue. In 2017, sponsored by FPT Group Chairman Trương Gia Bình, the company launched its major campaigns of

digital transformation Digital transformation is the adoption of digital technology by an organization to digitize non-digital products, services or operations. The goal for its implementation is to increase value through innovation, invention, customer experience or e ...

and

whale hunting strategy Whales are a widely distributed and diverse group of fully aquatic placental marine mammals. As an informal and colloquial grouping, they correspond to large members of the infraorder Cetacea, i.e. all cetaceans apart from dolphins and ...

, which helped the company to establish relations with more than 40 major global corporations, of which more than 20 are

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine. Methodology Until 1989, it listed o ...

companies such as

Airbus Airbus SE (; ; ; ) is a European multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: '' ...

, Siemens, UPS, etc. By the end of 2017, FPT Software had 75 partners in

. In July 2018, FPT Software acquired 90% of

Intellinet Intellinet is a management consulting and Microsoft-centric technology services firm. History * 1993 Founded in Atlanta, GA by J. Frank Bell * 1998 Intellinet Launches Georgia CIO of the Year Awards * 2003 Acquired Information Technology Ente ...

, an US-based consulting firm with 150 high-level consultants with revenue of $30 million. The deal was estimated to reach $45–50 million when FPT Software acquired the remaining 10% in the next three years. FPT Japan reached the pool of 1,000 employees (not including offshore), becoming the biggest Vietnamese company in Japan and ranked among Top 40 Japanese IT companies.

Operations

Excluding

back office A back office in most corporations is where work that supports '' front office'' work is done. The front office is the "face" of the company and is all the resources of the company that are used to make sales and interact with customers and clie ...

department, FPT Software's delivery units can be divided according to three divisions: nine sales divisions to supervise oversea markets, 14 business divisions in specific vertical industries and products, and ten development divisions in charge of developing business in specific services.

Services and offering

FPT Software's services and offering portfolio offers three main services: digital consulting services, digital technology services, and outsourcing services.

Key domains

FPT Software focuses on six major industries: manufacturing and automotive, utilities and energy, banking financial services and insurance (BFSI), telecommunication and media, logistics and transportation, and healthcare.

List of Branches

FPT Software has presence in 26 countries & territories with 59 offices.

Subsidiaries

Acquisitions

References

{{reflist Companies based in Hanoi Software companies established in 1999 Software companies of Vietnam Vietnamese brands Vietnamese companies established in 1999