FPT to Join Force with Schneider Electric to Effectively Manage Energy

On November 2^nd 2018, under the witness of the Prime Minister of France Republic Édouard Philippe, Prime Minister of Vietnam Nguyen Xuan Phuc, FPT Corporation and Scheneider signed a Memorandum of Understanding (MoU) to develop and implement IoT (Internet of Things) technology platform – Schneider’s EcoStruxure, helping to accelerate the Digital Transformation journey in the 4.0 Industrial Revolution. FPT is one of the first strategic partners of Schneider Electric in Asia to implement and use EcoStruxure platform, an open and interactive IoT platform, helping organizations and enterprises optimize the use and management process of energy in buidings, data centers and manufacturing plants.

With the experience of cooperating and implementing IoT technology platform for leading corporations such as Airbus, Siemens, GE, and a skilled workforce, FPT will join force with Schneider Electric, a leading corporation in digital energy management and automation, to develop applications and solutions based on the EcoStruxure technology platform. Specifically, EcoStruxure platform’s maintenance software, APIs, cloud solutions which integrate advanced operation technologies will be enhanced, enabling organizations and businesses to optimize energy management processes and automation in the Smart City development process. The solution is applicable to high rise buildings; households; food and beverage industries; hospitals; hotels; sewage treatment centers; data centers, telecommunications; oil, gas, electricity and water supply, etc. This strategic cooperation strongly promotes and satisfies the demand for digital transformation of organizations as well as individuals in the 4.0 Industrial Revolution.

Along with the cooperation and development, FPT will support Schneider Electric Vietnam to train the human resources with expertise of EcoStruxure platform with the aim of training 200 qualified consultants by 2020. These experts will inherit and strongly promote the technological achievements of the EcoStruxure platform.

Additionally, according to this newly signed MoU, both sides will consider using the EcoStruxure technology platform to manage and operate the entire power system of F-Town 3 office complex in Ho Chi Minh City, making the complex become the first smart tower in Vietnam. F-Town 3 has a construction scale of over 52,000 m², which is the largest software center in High-Tech Park in District 9 Ho Chi Minh City, providing work spaces for 7,500 employees.

"The agreement is one of the evolution steps of FPT in the journey of partnering with the world leading corporations in IoT technology platform, and to become one of the world leading corporations in Digital Transformation services in the next 5 years. FPT is ready with Schneider Electric to implement EcoStruxure technology platform, helping Vietnamese organizations and businesses efficiently manage energy." Chairman of FPT Corporation Mr. Truong Gia Binh said.

FPT has been working on developing IoT technology platforms with leading corporations in the field of Aerospace & Aviation, Industrial Manufacturing and Energy, etc. For example, with Airbus, FPT provides about 500 programmers with the expertise to develop solutions improving aviation industry performance based on Skywise platform. Both sides will invest in providing third-party application programming interfaces (APIs) to develop applications on Skywise; digital transforming and maintain applications on Skywise platform. As a strategic partner, FPT is also working with Siemens to provide Siemens' MindSphere Digital Transformation services to organizations in the Asia Pacific region and Europe.

Vice President of Schneider Electric Group Mr. Luc Remont said: "Selecting FPT Corporation to become the first strategic partner in Asia lays in the strategic direction of Schneider Electric Group and also meet the need of Vietnamese market’s fast-growing 4.0 Industrial Revolution. EcoStruxure has brought benefits not only for Schneider Electric but also for its partners around the world, including FPT in Vietnam. We believe the solution will provide a tremendous growth in technology and economy for Vietnamese enterprises in the 4.0 Industrial Revolution ."