Vietnam’s FPT has made a strategic investment in the US’ Intellinet to expand its digital transformation leadership, aiming to provide more strategic and comprehensive services to leading global companies. FPT, the global leading IT Service Provider headquartered in Vietnam, and Intellinet, a US-based purpose-driven management consulting and technology services firm, yesterday evening reached a definitive agreement for FPT to become a major shareholder of Intellinet, expanding the company’s footprint in the US. Under this agreement, Intellinet will continue to operate as an independent organization. However, the two sides will be able to leverage each other’s strengths. With this new partnership, Intellinet enhances FPT’s offerings with its strategy and management consulting capabilities and becomes part of a company with deep offshore capacity and a focus on digital transformation. FPT, by partnering with the world’s technology disruptors like … [Read more...] about FPT and Intellinet join to deliver digital transformation services
Digital transformation technologies
Microsoft helps Vietnamese firms accelerate digital transformation
Microsoft Vietnam has signed a Memorandum of Understanding (MoU) with seven independent software vendors (ISV) in Vietnam to assist ISV in accelerating the process of digital transformation. Accordingly, Microsoft has agreed to support its partners in deploying their solutions on the Microsoft Azure cloud computing platform. Seven Vietnamese partners participated in the signing of the MoU including AltTek Global, DiCentral, FPT IS, FSoft, Mobio, Pyramid Software & Consulting and Tinhvan Technologies JSC. These companies all have diverse solutions which are highly applicable in the areas of retail, finance, education and publishing. A representative from Microsoft said that 90 percent of the Top Fortune 500 companies have selected its cloud computing platform for their digital transformation process because the platform not only helps to improve business performance but also saves costs. Through the signing of the MoU, Microsoft partners can quickly introduce their business … [Read more...] about Microsoft helps Vietnamese firms accelerate digital transformation
Profit figures mark significant impact of digital transformation
Companies that embrace digital transformation are up to 26 per cent more profitable than their competitors and enjoy up to 12 per cent higher market valuation, according to a recent survey by ManpowerGroup—the leading global workforce solutions company. In the “From C-Suite to Digital Suite” research, ManpowerGroup shares that by 2020, 30 per cent of industry revenue will come from new business models and transforming quickly can make the difference between success and failure. However, C-Suite is not enough to lead through businesses digital transformation. It requires the Digital Suite: a community of digital-ready, analytically-minded, and connected leaders dedicated to creating the necessary culture and capabilities within the organisation to unlock opportunities and drive successful digital transformation. The good news is digital leadership is not a total replacement of the fundamental attributes underlying leadership effectiveness. Instead, 80 per cent of the … [Read more...] about Profit figures mark significant impact of digital transformation
FPT to focus on digital transformation
FPT reduces its ownership rates in FPT Retail and FPT Trading for focusing on digital transformation Digital transformation is expected to help FPT's continued growth and preserve its position as the leading tech group in Vietnam which it has been holding for the past 30 years. Therefore, despite no longer being the major stake-holder of the two “golden geese” (47 per cent in FPT Retail and 48 per cent in FPT Trading), FPT’s leaders still believe in the group’s development. “Large businesses' digital transformation demands are growing unprecedentedly. Some of these businesses decided to sign with FPT in only two months, while previously they spent 2-3 years to find partners in the same segment,” Truong Gia Binh, chairman of FPT Group, said at FPT’s annual general shareholders' meeting on March 28. Binh also added that the number of FPT’s partners within the Fortune Top 500 group in 2017 remained 64, exceeding 2016's 24. Many of the … [Read more...] about FPT to focus on digital transformation
CISCO helps Vietnamese firms in digital transformation
Investor group to strengthen Sacombank Digital transformation is making waves worldwide. Taking advantage of the digital age to grow, to be able to protect companies and gain an edge over competitors is what businesses strive for. However, not all businesses choose the right solution. K K Lee, director of System Engineering of CISCO, shares ideas to help business discover the latest trends and technologies, as well as solutions for digital transformation. ■ Most business leaders believe cloud computing is extremely important for their digital transformation strategy. What do you think about this? Yes, it is the natural way forward in terms of technology. Cloud for businesses is not just about the technology itself. It is about the reality, the speed to market. By adopting cloud, the ability to respond to market conditions becomes faster, to be able to develop innovation and optimise operation. It also helps deal with the issue of developing infrastructure, and especially a … [Read more...] about CISCO helps Vietnamese firms in digital transformation