FPT Software

FPT Software Company Limited (Vietnamese: Công ty TNHH Phần mềm FPT, lit.'FPT Software LLC'), or simply FPT Software, is a global IT services provider headquartered in Hanoi, Vietnam, being the core subsidiary of the FPT Corporation. It is considered one of the biggest software services companies in Vietnam, with US$1.87 billion in revenue and more than 42,000 employees.

FPT Software Co., Ltd
Native name
Công ty TNHH Phần mềm FPT
TypeSubsidiary
IndustryInformation Technology
Founded1999 (1999)
Headquarters,
Vietnam
Number of locations
56 offices, 22 development centers (2020)
Area served
Worldwide
Key people
  • Chu Thi Thanh Ha (Chairwoman)
  • Pham Minh Tuan (CEO)
  • Tran Dang Hoa (COO & Chairman, FPT Japan)
  • Nguyen Khai Hoan (CFO)
  • Do Van Khac (CDO)
  • Dao Duy Cuong (CDTO)
  • Nguyen Tuan Minh (CHRO)
  • Bui Hoang Tung (CBDO)
Products
  • Software
Services
  • Software, ITO Services
Revenue
  • Increase $513.6 million (FY2020)
  • Increase $60 million (2018)
Number of employees
  • 20,000+ (2021)
ParentFPT Group
Websitewww.fpt-software.com

History

FPT Software was founded in 1999 by 13 members of FPT Group, 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, US and Bangalore, 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 (2004), and in Da Nang (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 (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. The deal helped FPT Software access to the energy management domain and know-how in SAP 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 and whale hunting strategy, which helped the company to establish relations with more than 40 major global corporations, of which more than 20 are Fortune Global 500 companies such as Airbus, Siemens, UPS, etc. By the end of 2017, FPT Software had 75 partners in Fortune Global 500. In July 2018, FPT Software acquired 90% of Intellinet, 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 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.

Region Countries Branch name Offices
Asia-Pacific Vietnam FPT Software Vietnam Hanoi, Ho Chi Minh City, Da Nang, Quy Nhon, Can Tho
Asia-Pacific countries FPT Asia-Pacific Singapore

Malaysia: Kuala Lumpur

Australia: Sydney, Melbourne

Philippines: Cebu, Manila

Indonesia: Jakarta

Vietnam: Hanoi, Ho Chi Minh, Da Nang, Quy Nhon, Can Tho

China: Shanghai, Hong Kong

Thailand: Bangkok

Myanmar: Yangon

Asia Japan FPT Japan Tokyo, Sapporo, Shizuoka, Yokohama, Nagoya, Fukuoka, Osaka, Okinawa, Toyota, Hiroshima
South Korea FPT Korea Seoul
Taiwan Taipei
America United States FPT America United States: Chicago, Los Angeles, San Francisco, Dallas, Denver, Seattle, Minneapolis, Atlanta, Detroit, New York City

Canada: Ontario

Canada Ontario
Columbia Columbia
Europe Germany FPT Europe Germany: Essen

France: Paris, Toulouse

Slovakia: Kosice

Belgium: Mechelen

United Kingdom: London

Czech Republic: Strašnice

Denmark: Kongens Lyngby

Middle East United Arab Emirates FPT UAE Dubai

Subsidiaries

Company name Relationship with FPT Software Business Line
Trandata Technology Engineering Joint Stock Company (TDT) Subsidiary Technology, Computer software, Retail
FPT Digital Processing Service Company Limited Subsidiary In charge of BPO[1]
Intellinet Consulting LLC. Second-tier subsidiary Technology Consulting
UTOP Ltd. Subsidiary Blockchain based loyalty program

Acquisitions

Name Acquisition date Activities Country of HQ Price Employees
(at acquisition)
Reference
RWE IT Slovakia June 2014 SAP & ERP  SVK N/A 400 [2]
Intellinet July 2018 IT Strategy & ERP Consulting  US $30–50 million 150 [3]

References

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