FPT Software to open headquarter in Europe
June 4th, 2008 in Hanoi, FPT Software officially announced the establishment of FPT Software Europe in Paris, France. This will be FPT Corporation’s first office ever in Europe, expected to be open on June 13th, 2008.
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17/06/2008
FPT Vice General Director Mr. Bùi Quang Ngọc speaking at the press conference
about the establishment of FPT Software Europe
FPT Software debut into the European market was in 2000 through its client Harvey Nash.
FPT Software currently has an experienced programming team, proficient in foreign languages and knowledgeable about Western cultures.
2004 marked a milestone for FPT Software in this market through its cooperation with IBM France and Benelux. In 2007, FPT Software signed a long-term cooperation agreement with Neopost and became its strategic partner.
Mr. Bùi Quang Ngọc – Vice Chairman of FPT Management Board, Vice General Director of FPT says: “FPT Software Europe is FPT Software’s 3rd overseas branch, after successes in Japan and Singapore. The establishment of FPT Software Europe will help FPT Software widen its market and create new growth momentum in the future. This also affirms FPT Corporation’s globalization strategy”.
FPT Software Europe plans to bring strong products such as J2EE, .NET, Oracle to the European market; embedded software; research and development. It is aiming for big clients such as: Renault, BNP Paribas, Neopost, and Hitachi Europe.
FPT Software Europe expects 2008 revenue to reach 7 million USD, with focus on its 3 traditional markets Britain – France – Belgium. In 2009, it plans to expand its business network to Northern Europe, to markets such as Sweden, Denmark, the Netherlands, with another European office to be opened in 2010.
Mr. Jerome Modolo, Director of the Research and Development Center of Neopost Technology in Vietnam – world’s 2nd largest French postage solution corporation - says: “Companies over the world are looking for partners with technological capabilities as well as on site services provision and customer support capabilities that offer competitive prices. The establishment of FPT Software Europe has helped strengthen the bond between FPT Software and customers to create and expand the technological and business cooperation relationship, connecting the two continents both geographically and linguistically.”
The European IT market has experienced strong growth in recent years, and is expected to become one of the largest in the world (worth about 156 billion Euros in 2008 according to CBi estimates) (http://www.cbi.eu/).
Software outsourcing is pinpointed as the leading growth factor for the sector with Northern and Mid-European states currently the largest markets.
About FPT Software
FPT Software is Vietnam’s largest software outsourcing firm, boasting 2500 employees
- In 2004, FPT Software was the first Southeast Asian company to receive CMM5 certification.
- In 2006, FPT Software was granted CMMI level 5 (the highest rating of a process improvement approach that provides organizations with the essential elements of effective processes. )
- In 2006, the company also became ISO 17799:2005 “Information Security Management” compliant.
FPT Software expects 2008 revenues to reach 48.5 million USD.
It currently has 3 overseas headquarters: Japan, Singapore, and France
Major clients: Harvey Nash, IBM France, Neopos, IBM Singapore, P&G Vietnam, Fujifilm Group, Hitachi Group, IBM Japan, Nissen, Ambient Consulting, Agilis Solutions….
For press information, please contact:
Ms. Nguyễn Thị Thuỳ Dương
FPT Corporate Communications
Mobile : 0915308612
Email: [email protected]
