Establishment of FPT Information system Singapore Pte. Ltd

Mr. Tran Tuan Phong –Managing Director of FPT Information System Singapore.

FPT Information System Singapore Pte, Ltd is based at No.9 Temasek Boulevard, #31-00 Suntec Tower 2, Singapore 038989 with complete legal status to represent its mother company- FPT Information System (FPT IS) in Singaporean market. Beginning with an initial capital of USD500,000, the company targets at small and medium enterprises who are looking for good IT products and services at competitive cost.

Previously, in 2008, there presentative office of FPT IS came into operation and contacted with important clients in Singaporean market. The company has implemented a large number of IT Outsourcing projects for its partners in Singapore such as HP, Orange, Microsoft, TFS and among others. Typical projects including converting Lotus Note email system to Exchange to support 900 users of the Singapore Stock Exchange, and SAP AMS project simplemented for Tyco Global, Brenntag, and Hitachi Roll-out have made great contribution to affirm the company’s position in Singapore and in the region.

The establishment of FPT Information System Singapore reflects FPT’s determination to introduce its software and IT services to Singapore market. After software engineering for foreign clients, this is considered the second exporting wave in the globalization course of FPT.

FPT IS has expanded its presence in Laos, Cambodia and Singapore. FPT is seeking for opportunities in Malaysia and Indonesia.

The company’s capability andexperience have been recognized by foreign organizations and enterprises. We will promote our core businesses including Enterprise Resources Planning (ERP), IT Outsourcing and Business Process Outsourcing (BPO) services in Singapore-one of the five nations having the highest IT expense per capital in the world.

“Singapore is one of the crucial market links for FPT IS’ globalization strategy in Asia-Pacific region. We have sufficient capability and experience to meet the IT demand of this market. FPT Information System Singapore will enable us toget closer to local customers. Singapore, where IT services accounts for 40% of IT market and is forecasted to increase to USD 2.7 billion in 2014, and its strong economic recovery will facilitate FPT IS to promote its strength in this market”, said  Mr. Tran Tuan Phong –Managing Director of FPT Information System Singapore.

Phong also added that the biggest target of FPT IS was to create the image and reputation of FPT in Singapore beside providing software outsourcing services. FPT Information System Singapore will directly bid for and try to be primary contractor of system integration and ERP projects in the region, especially in FPT IS’ core strength such as Banking, Telecommunication, Petroleum, and Public Services.

FPT Information System currently employs about 500 ERP experts who specialize in SAP, Oracle and Peoplesoft solutions and are willing to be on customer’s site to meet their requirements.We expect to increase the total number of ERP experts to 1000 by 2015. IT Outsourcing is also put at the heart of our globalization course. IT Service is defined as one of the core values of FPT IS with targeted 10% revenue proportion (equal to USD 78 million) by 2015 . In regard of business process outsourcing (BPO), FPT IS is the pioneer in Vietnam to design and provide outsourcing services such as finance-accounting, data processing, customerservice, resources management and knowledge transfer. Its BPO center is now able to process 3200 reconciliation accounts, meeting the expectation of a Japanese client .

More information: (Please address www.fis.com.vn)

FPTInformation System is the leading system integrator, software developer and IT service provider inIndochina with nearly twenty year experience in application software, ERPservice, IT service, BPO service and system integration. We have more than 2300 employees working in 8 subsidiaries and a joint venture.

FPT IS is targeting at USD 15 million revenue from global business in 2014. We have implemented a large number of significant projects for the National Australia Bank, Itochu Group of Japan, Singapore Stock Exchange, Daimler Chrysler Asia-Pacific, and banks and telecommunication service providers in Laos and Cambodia. We are now providing Application Maintenance Services and Build-on-Netweaver for T-System in South East Asia, Hitachi Solution, TIS and Fuyu in Singapore and Tyco Global in the United States. Our international standard resources can meet the requirements of clients in the region (e.g.: HAS, YGL, ABEAM, and Freewill) and in the world (e.g.: SAPConsulting, ECT).