FPT signs tens-of-millions-of-dollars AI contract with a leading global materials corporation

FPT has signed a contract worth tens of millions of USD with a leading global materials manufacturing corporation, marking a new milestone in its strategy to expand AI service delivery in the European market.

Under the agreement, FPT will deploy applications and services based on its comprehensive AI platform FleziPT to enhance operational efficiency for the client. This AI transformation is expected to help FPT’s customer reduce costs by up to 40% within three years, while improving service reliability and modernizing core technology systems. It also serves as a key foundation for the materials manufacturer to accelerate enterprise-wide AI adoption, moving toward an Agentic AI model—where AI systems can autonomously operate, make decisions, and optimize performance in real time.

The agreement reinforces FPT’s role as a strategic AI technology partner, supporting long-term system modernization and large-scale AI transformation programs.

With its AI-first strategy, a flexible delivery model combining on-site and nearby market resources (Best-shore), and an AI-augmented engineering workforce, FPT is well-positioned to help European enterprises execute complex transformation programs faster, more efficiently, and with measurable impact.

Mr. Tran Van Dung, FPT Regional Director for Europe, FPT Corporation, noted that as AI moves from experimentation to enterprise-wide deployment, its application will play a critical role in sustaining long-term competitiveness—especially for manufacturing companies in Europe.

Europe is one of FPT’s key markets. The company entered the region in 2008 and currently serves a portfolio of more than 150 enterprise clients, including major players in the energy and industrial sectors.

Leveraging the FleziPT platform and proprietary AI solutions, FPT has supported leading companies in energy and industrial sectors, such as Pertamina (Indonesia), in applying AI to improve operations, optimize equipment performance, and enhance safety across offshore platforms. The platform combines large-scale data processing capabilities with high-performance AI infrastructure, enabling enterprises to reduce development time by up to 60% and transition from fragmented pilot projects to enterprise-scale AI deployment. It is continuously enhanced through real-world AI project implementations, ensuring adaptability and evolution in line with customer and market demands.

Amid the rapid growth of the autonomous AI market, global AI spending is also rising significantly. According to Gartner, global AI spending reached approximately USD 1.757 trillion in 2025, an increase of more than 50% compared to 2024, and is projected to reach USD 2.525 trillion in 2026 and USD 3.335 trillion in 2027.