FPT's AI technology honored at International Business Awards

The 21st Annual International Business Awards recently announced its winners across various categories. FPT stood out in the New Product Awards Category, securing 2 Gold awards, 1 Silver award, and 2 Bronze awards. As one of the few companies to achieve such recognition, FPT was highlighted by the Organizing Committee in the press release about the awards.

Specifically, FPT's five honored technology products and solutions include the business process automation platform Ivychat (Gold Award), the Shareholder meeting automation ecosystem Uvote (Gold Award), the Virtual reality/augmented reality application training solution akaVerse (Silver Award), the AI programming assistant CodeVista (Bronze Award), and the Smart Pharmaceutical Management Platform (Bronze Award).

The Business Process Automation Platform, Ivychat, leverages large language models (LLM) to streamline business processes across various sectors. It is designed for optimal data management and integrates seamlessly with existing systems. Ivychat excels in data analysis and sales evaluation, particularly within the financial services sector.

The shareholder meeting automation ecosystem, Uvote, is designed to comprehensively manage all tasks within the Investor Relations (IR) Department, with a focus on organizing Annual General Meetings (AGMs). It streamlines the voting process with features such as automated mail merges, personalized invitations, FPT.AI eKYC-based identification, online voting, and real-time vote counting. As of 2024, Uvote is trusted by over 1 million shareholders and users, including significant enterprises in the VN30 index like Vinamilk, Vietjet, Vingroup, and Manulife.

The virtual reality/augmented reality training solution, akaVerse, offers advanced VR/AR training experiences, creating an exceptionally realistic and immersive learning environment. It allows students to practice skills in a safe, simulated setting, interact with virtual objects, and receive instant feedback, enhancing learning effectiveness and retention. With a strong track record of collaborating with multinational corporations and businesses in Japan, Korea, and Southeast Asia, akaVerse effectively addresses human resource training needs, reduces costs, and boosts training efficiency across various sectors, including manufacturing, production, automotive, healthcare, and education. To date, akaVerse has been trusted by over 200,000 students worldwide.

The AI Programming Assistant, CodeVista, transforms the developer experience by boosting productivity, enhancing programming quality, and speeding up application deployment. It also improves security and scalability, making the development process more efficient and reliable.

The Smart Pharmacy Management Platform ensures seamless system integration, scalability, and robust security within the healthcare service sector.

"The recently recognized solutions are part of our extensive portfolio of AI and digitalization technologies. As the need for technological innovation grows, FPT Software is dedicated to delivering solutions that boost productivity, streamline processes, and cut costs. With our proven expertise, robust global presence, and agile resource management, we are confident in our ability to support customers throughout their digital transformation journey," said Mr. Dao Duy Cuong, Director of Technology and Digital Transformation at FPT Software, a subsidiary of FPT Corporation. These platforms and solutions constitute the Made-by-FPT technology ecosystem, aiming to catalyze businesses' digital transformation journey, boost productivity, reduce costs, and enrich customer experiences. Moreover, they contribute significantly to advancing digital transformation across the pillars of the digital economy, digital society, and digital government.

In the first half of 2024, the Made-by-FPT ecosystem maintained robust growth, achieving revenue of VND 942 billion, a 47.5% increase, due to its high applicability across Enterprise and Government sectors. The Corporation aims to have at least ten products, each reaching a revenue milestone of 100 billion VND, and to grow the total revenue of the Made-by-FPT ecosystem by 40% throughout 2024.

Leveraging cutting-edge technologies like AI, Cloud, Big Data, Blockchain, and Hyper Automation, FPT has developed new platforms and solutions that are open, reliable, flexible, intelligent, secure, and highly applicable. These innovations deliver practical and impactful benefits to millions of Vietnamese people and tens of thousands of businesses and organizations worldwide across various sectors.

The International Business Awards is the sole awards system recognizing business innovation throughout the Asia-Pacific region. It is considered one of the most prestigious international technology awards with rigorous judging criteria.

This year, the awards received 3,600 nominations from 62 countries worldwide. The evaluation process involved 300 experts, including senior managers and specialists from various fields, including the eBay Product Management Director, Amazon Application Science Director, and PayPal Security Engineer. These experts participated in public voting to assess and select each category's Gold, Silver, and Bronze award winners.