Business Objects strenthens foothold in Vietnam through announcement of FPT Information System as strategic partner

The agreement, signed today at a ceremony in Hanoi , underscores Business Objects’ commitment to expanding its presence in Vietnam . Jointly, Business Objects – the global leader in Business Intelligence (BI) – and FPT will focus on capturing the growing market opportunity in the country by offering innovative solutions targeted at customers across all industries and sectors. Companies in financial services, insurance and telecommunications as well as government organizations are amongst the key focus segments for the partnership.

As part of the agreement, FPT Information System will not only provide licensed software, consultancy, implementation, training and support services in Vietnam , Laos and Cambodia , but will also look for opportunities to export consulting and deployment services to markets outside Vietnam .

Speaking at the signing ceremony, Keith Budge , Senior Vice President & General Manager of Asia Pacific Japan said: “We are delighted to uplift our partnership with FPT Information System to a new level. Their position as Vietnam ’s leading IT corporation coupled with their in-depth local knowledge and strong resources makes them the ideal partner for Business Objects’ planned expansion into Vietnam .

"BI is one of the fastest growing parts of the IT industry today, and I believe that as FPT builds its capability in BI solutions, there may also be opportunities for FPT to export BI services to other countries, especially in North Asia ."

Mr. Truong Gia Binh, President & CEO of FPT Corporation , said “We are very pleased to become the strategic partner of a dynamic company like Business Objects. The new agreement proves to be the premise for both Business Objects and FPT together co-operate in providing the best Business Intelligence solutions to Vietnamese enterprises and organizations.”

During the event, Mr. Eric Sin, Director, Channels & Alliances, South Asia , Business Objects also touched upon Business Objects’ commitment to expanding the company’s market share and building a solid market presence by investing in the following:

- Maintaining a customer centric approach towards solving customers’ needs and requirements

- Building up partner ecosystems through solution providers and volume distributors

- Generating increased awareness through sustained marketing efforts

Mr. Budge added “We see a lot of opportunities for Business Objects in Vietnam , not only in the enterprise market but also in the mid-market. This is a rapidly growing segment across the Asia Pacific Japan region; especially so in emerging markets such as Vietnam , where the BI market is in the early stages of adoption. Through strategic partnerships such as the one signed today with FPT, we look forward to playing a more active role in the BI market in Vietnam and helping Vietnamese companies grow, scale and ultimately prosper.”

About Business Objects

Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world’s leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 44,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry’s strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.

Business Objects has dual headquarters in San Jose , Calif. , and Paris , France . The company’s stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.

About FPT Information System

Being the leading giant in term of Technology among six subsidiaries of The Corporation for Financing and Promoting Technology (FPT), FPT Information System Company (FPT-IS) is proud to be the leading IT Integrator in region and the best solution supplier in Vietnam in terms of different fields: Software Solutions provider and development, ERP services, Network Technology, Server System, Data Center, Storage System and System Securities, Backup and Disaster recovery , Intelligent building, Maintenance services… The company is regarded as a truthful, professional and long-term partner of government offices, internal and external enterprise organizations, particularly the organizations which play a core role in Vietnam ’s economy.

With more than 1,800 staff including professionals possessing high-level certificates of many leading firms in the world, the company has become strategic partner of IBM, HP, Cisco, Oracle, Microsoft, ArcInfor, I-flex, NCR, Diebold, SAP… as well. Currently, FPT Information System is the only company in Indochina possessing 4 highest level certificates: Gold Partner of Cisco, Microsoft, Checkpoint, and Certified Advantage Partner of Oracle. FPT-IS commits to bring its customers the best solutions and services, help them solve problems of professional, business as well as management in the most effective ways.

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