FPT Recognized as the Largest IT Services Company in 2024 Fortune 500 Southeast Asia
2024年6月18日 - 5:03PM
ビジネスワイヤ(英語)
Global IT service provider FPT Corporation has been featured in
the inaugural Fortune’s Southeast Asia 500 as the largest IT
services company and the seventh largest company in the SEA
region’s technology sector. This recognition by Fortune also
spotlights FPT as the only Vietnam-headquartered tech firm,
affirming its positioning as a trusted IT leader with innovative,
end-to-end services and solutions for regional and global
enterprises.
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FPT is ranked 160th across all sectors, as recorded by its 2023
revenue of USD 2.17 billion. This figure represents a growth rate
of 19.6%. Its three core sectors—technology, telecommunications,
education, investment, and others—accounted for 60%, 30%, and 10%
of the total revenue, respectively. This growth was mainly driven
by the heightened global drive for digital transformation, one of
FPT's most in-demand services worldwide, which saw a 42%
year-on-year revenue increase.
Regarding the global IT services segment, the Asia Pacific
market accounted for 25% of the 2023 total revenue, increasing by
38% compared to 2022. The company has been consistently featured in
regional awards and industry research studies by leading research
and advisory firms like Gartner, Forrester, and IDC, most notably
with the recent ranking on “Gartner Market Share: Services,
Worldwide, 2023” as one of Asia's Top 50 IT Services Companies.
The APAC region and Southeast Asia, in particular, also see some
of FPT’s most prolific partnerships. Notably, FPT is the first
Vietnamese tech firm to join the SAP® Regional Strategic Services
Partner (RSSP) initiative in Asia Pacific Japan and the first in
Southeast Asia to partner with Mila, the world's leading institute
for AI. Its commitment to AI was further strengthened with the
recent collaboration with chip giant NVIDIA, aiming to offer a
one-stop shop for AI products, GPU infrastructure, and domain
expertise for clients in Vietnam and all FPT’s presence areas.
On a global scale, FPT is the partner of over 1,000+ clients
worldwide, 91 of which are Fortune Global 500 companies in
Aviation, Automotive, Banking, Financial Services and Insurance,
Healthcare, Logistics, Manufacturing, and so on, helping them
enhance their competitiveness with world-class solutions and highly
scalable workforce across 30 countries.
Looking forward in the APAC region and beyond, FPT will continue
to align its trajectory with five focused areas: Artificial
Intelligence, Automotive, Semiconductor, Digital Transformation,
and Green Transformation. By 2030, the firm aims to achieve 5
billion USD in revenue from IT services for the global market,
solidifying its stature as a world-class technology solutions
provider.
Mr. Nguyen Van Khoa, FPT's Chief Executive Officer, said: “With
the relentless efforts of tens of thousands of employees, FPT has
surpassed its peak, expanded its reach, and enhanced its
technological capabilities on a global scale. Facing new
opportunities in the market, the IT industry, and emerging
technology trends, FPT will continue to create world-class,
long-term, and sustainable value and benefits for stakeholders,
contributing to the economic development of Vietnam as well as the
region.”
This is the first time Fortune releases the rankings for the
largest companies in the Southeast Asia region based on their
revenues in the 2023 fiscal year. The list includes companies from
seven countries, including Indonesia, Malaysia, Thailand,
Singapore, Vietnam, the Philippines, and Cambodia.
About FPT Corporation
FPT Corporation (FPT) is a globally leading technology and IT
services provider headquartered in Vietnam. FPT operates in three
core sectors: Technology, Telecommunications, and Education. During
over three decades of development, FPT has constantly provided
practical and effective products to millions of people and tens of
thousands of business and non-business organizations worldwide,
establishing Vietnam’s position on the global tech map. Keeping up
with the latest market trends and emerging technologies, FPT has
developed the Made-by-FPT ecosystem of services, products,
solutions, and platforms, which enables sustainable growth for
organizations and businesses and offers distinctive experiences to
customers. In 2023, FPT recorded a total revenue of USD 2.17
billion and 48,000+ employees. For more information, please visit
https://fpt.com/en.
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Mai Duong (Ms.) FPT Software PR Manager MCP.PR@fpt.com