SAP Appoints FPT as the strategic partner in Vietnam
Vietnam’s Leading Technology Solutions Company and the World’s Leading Provider of Business Software Join Forces to Bring Best Practice Solutions to Vietnam.
•
05/03/2007
Hanoi, Vietnam – March 5, 2007 – SAP Asia Pacific today announced its strategic partner relationship in Vietnam signed under FPT Information System Co., Ltd (FPT-IS), the member company of FPT Corporation which is assigned to provide and employ ERP service in Vietnam. FPT Corp with its key-point representative as FPT-IS will together with SAP co-operate in selling and implementing mySAPIM ERP as well as delivering value-added services and SAP University Program in Vietnam.
“Vietnam is one of the fastest growing markets in Southeast Asia and we’re happy to be extending SAP’s footprint via this significant new relationship with one of Vietnam’s leading technology solutions companies,” said Eric MacDonald, President of SAP South East Asia, SAP Asia Pacific. “Working with FPT-IS, we will further extend our established leadership as the ERP, CRM and SCM solution of choice for enterprises in Asia Pacific.”
SAP and FPT-IS will be cooperating to develop and localize SAP ERP solutions powered by SAP Best Practices to meet all the regulatory, financial, language and industry requirements of Vietnam’s growing enterprises. As a strategic partner, FPT will be in charge of localization of SAP solution in Vietnamese language.
In this strategic agreement, SAP and FPT will cooperate to sell not only software licenses but also consulting services and educational courses to support both existing and new customers. Working together, SAP and FPT will target the large enterprise market, including the public sector, state enterprises, manufacturers and consumer products companies covering the entire Vietnam region. SAP ERP and SAP® All-in-One will help SAP and FPT’s joint enterprise customers ease configuration, enhance performance and increase solution availability, resulting in a superior return on investment.
FPT-IS is one of the leading companies in both Vietnam and the region managing and executing ERP (Enterprise Resource Planning) services for businesses. FPT-IS’s ERP Services has operated in both Hanoi and Ho Chi Minh City since January 2004. With modern management experience, and profound knowledge of Vietnamese businesses, FPT-IS’s ERP Services is fast becoming the leading ERP consultancy agent in the whole region. The company’s software and services business recorded a growth rate of 84.41% over 2006.
According to Mr.Truong Gia Binh – The President of FPT Corporation, “Business operations related to SAP have been an important role in our strategy for several years. We are also very happy to establish a relationship with a leading software provider in the world. FPT has built a professionals resource for the business of SAP products and after this strategic signing ceremony, we will together try to develop and speed up provision of ERP service in Vietnam martket”.
About FPT
FPT is Vietnam’s leading company in information technology and telecommunications, and a leader in sectors such as system integration; software development; ERP services; IT product distribution; mobile phone distribution; software solutions, telecommunication and internet services; training; computer assembly; warranty and maintenance of telecommunication and IT equipment and communication services. FPT now has the largest technology workforce with more than 7,000 engineers and 2006 revenue is VND11,693 billion. For more information about FPT, please visit their website at www.fpt.com.vn;
About SAP
SAP is the world’s leading provider of business software*. More than 38000 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at http://www.sap.com; )
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
# # #
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright © 2007 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary
For more information, press only:
Trung Nguyen Minh
Public Relations Manager - FPT Information System
Mobile: +84 988 508 994
Office: +844 5626000 / ext 2013
Email: [email protected]