FPT "showcases" automotive technology solutions in the 4.0 industrial revolution

On April 15, 2017, FPT Software co-operated with Vietnamworks to host a workshop on the Future of Automobile and Robotics in the 4.0 industrial revolution at Melia Hotel, Hanoi. There were nearly 300 technology professionals, engineers, IT students attended.

At the seminar, FPT Software's experts shared about the trends of automotive technologies and robotic in the 4^th industrial revolution including image processing, embedded software in automotive technology.

In particular, at the event, FPT Software's technology experts demonstrated some advanced driver assistance technologies (ADAS) such as lane identification; 360 sensor camera; objects, traffic lights, traffic signs detection; car body panel controls, etc. There are some solutions being implemented by FPT Software and its partners in luxury lines of leading car manufacturers in Japan and Europe.

Over the past three years, FPT Software has invested in research and development of new technology trends, in which the automotive technology sector is an important direction. In 2016, the company established a unit specializing in research and development of technology solutions in automobile of more than 1,000 people. FPT Software has been implementing 150 automotive technology projects for customers in Japan, Korea, Europe and the US until now. The company expects automotive technology solutions to generate about USD 200 million in revenue by 2020 and having 8,000 employees.

It is expected that FPT Software will recruit about 1,000 IT engineers and technology experts for automotive technology solutions in 2017. Monthly salary can be up to USD 2,000 and short-term and long-term working opportunities in Japan, Korea and Europe depending on positions.

Car manufactures are investing heavily in driverless vehicles. Tesla plans to launch driverless vehicle in 2018. Toyota will invest USD 1.2 billion to develop artificial intelligence in its lineup with the goal of bringing driverless cars into reality in 2020. According to the Boston Consulting Group (BCG), revenue of the driverless vehicle market will reach about USD 42 billion by 2025 and USD 77 million by 2035. Driverless vehicles can account for 25% of global car sales by 2035.

For the development of driverless vehicles and trams, software plays the most important role which is comparable to the role of the brain, which ensures the car to operate. A modern car is embedded with 40 to 100 software. Ninety percent of a car's innovations are now in software. 100% of the vehicles will connect to Cloud. With this trend, driverless vehicles are no longer the inviolable realms of Ford, Daimler, Toyota, Nissan, etc., which gradually shifted into software companies. Technology companies have no history and experience in automobiles like Google, Tesla, Uber, Lyft, Apple, Baidu, etc. and IT service providers such as FPT Software are having great opportunities in this field.