FPT Software program on Might 15 opened a brand new workplace in New York Metropolis to discover new alternatives for growth, anticipating to supply expertise and digital transformation providers for giant enterprises within the Northeast area of America.
|Prime Minister Pham Minh Chinh attended the opening ceremony of FPT Software program’s new workplace in New York Metropolis|
Talking on the ceremony, Prime Minister Pham Minh Chinh careworn the significance of the occasion within the context of Vietnam’s speedy restoration after the pandemic, exhibiting the nation’s sustainable socioeconomic growth with a concentrate on expertise and innovation.
The PM believed that FPT would develop quicker and stronger, contributing to the event of science and expertise amongst Vietnam’s companies.
Dang Tran Phuong, CEO of FPT Americas stated, “This can be a milestone asserting our speedy and powerful progress on this planet’s largest economic system. Within the subsequent three years, we count on the brand new workplace to contribute 20 per cent of FPT Software program’s complete income within the US, with the variety of staff working straight with US reaching 5,000 individuals.”
That is FPT Software program’s 10th workplace within the US and the corporate’s 58th worldwide. The brand new workplace is situated at 295 Madison Avenue in New York Metropolis’s Midtown Manhattan. The realm serves as town’s major central enterprise district, dwelling to outstanding buildings such because the Empire State, Chrysler, and Rockefeller Centre.
The US IT market was reported to have recovered to its pre-pandemic progress price of 6 per cent per 12 months, sustaining its place as the biggest globally, accounting for a 3rd of the worldwide IT market. Within the US, FPT Software program supplies technological providers and facilitates digital transformation for near 100 firms listed in Fortune International 500.
After 14 years since its first look within the US, FPT Software program presently has 700 staff working throughout America, with a big buyer base in 30 states throughout the nation. Presently, the US is likely one of the two largest markets for FPT Software program. In 2021, the corporate reported a progress of 52 per cent on this market and even a excessive price of 60 per cent for income progress within the first quarter of 2022 over the identical interval.
FPT Software program CEO Pham Minh Tuan stated that it’s anticipated that the US would turn out to be FPT’s largest abroad market within the subsequent two years, taking part in an essential position in FPT Software program’s plan to succeed in a billion-dollar income by 2023. The corporate additionally works with companions to deploy FPT city areas within the US.
FPT Software program took a major step ahead in its globalisation in 2018 when it acquired 90 per cent of Intellinet, one of many fastest-growing expertise consulting companies within the US. The deal helped FPT Software program strengthen its technological place, permitting the corporate to supply its clients with a broader vary of providers, together with strategic session, design, implementation, and upkeep
Greater than 700 companies use FPT Software program’s IT providers, together with 100 Fortune International 500 corporations. The corporate goals to proceed rising capability in consulting, options, and switch providers.