FPT Software and Korea Institute of Science and Technology signed MoU

Lately, FPT Software has signed MoU with Korea Advanced Institute of Science and Technology (KIST). According to MoU, two parties agreed to exchange after-graduate courses that KIST provides to FPT University; transmit in-depth technology from KIST to FPT Software; FPT Software support human resources in Medical Robotics and Image Processing projects.

According to FPT Software, MoU created an opportunity for FPT to expose with many latest technology research in Korea and provide medium resource support and development of many research project.

KIST, the biggest technology institution of Korea, mainly focusing on high-technology, is one of the units that get national level of securities. The institution was founded in 1996 by Korea Government with the purpose of enabling the application of technology for the development of economics.

With rapid development and urgent need for digital transformation, Korea is one of potential market for FPT, FPT Software. Korea is expected to become one of the most important market of the company besides Japan and America. In 2016, FPT opened a new office in Korea to find more opportunities to cooperate with giant corporations in Korea in strategic business such as smart factory, car technology, consuming technology and multi-media entertainment. With the growth rate of 300% per year, Korea is one of the strategic market of FPT. FPT expects this market with average growth rate of 60-80% in near future and is able to make FPT brand one of top 5 companies providing ITO solutions of this market.