FPT signs record $256 million contract with Asia's leading energy group

Contracts worth hundreds of millions of USD not only bring FPT a stable source of long-term revenue, but also demonstrate its competitiveness on a global scale, especially in the fields of digital transformation and AI technology.

This contract marks a new step forward forFPT in the field of comprehensive digital transformation using AI. This is also the contract with the largest value in FPT's 37-year history.

On September 16, FPT, a global company in the field of digital transformation, announced that it has become a strategic partner to implement a 5-year contract worth 256 million USD with a leading energy group in Asia. The name of this group has not been disclosed by FPT.

This contract marks a new step forward for FPT in the field of comprehensive digital transformation using AI. This is also the contract with the largest value in FPT's 37-year history.

Accordingly, with deep expertise in the energy sector and a strong team of AI and technology experts, FPT will provide a comprehensive digital transformation service ecosystem integrating AI for Asia's leading energy group to promote innovation and optimize operations.

FPT products and services provided to customers include custom software development, data engineering, mobile, cloud computing….

As a strategic partner, FPT will manage implementation, project management, product management, change management, data science and end-user design, and take on the entire process from requirements analysis, solution design, development, testing, deployment, support to documentation.

With a commitment to continuous improvement, FPT ensures that processes are always optimized and automated, accompanied by a system of tight measurement indicators, while strictly adhering to customer standards on technical quality, implementation management and the ability to promptly grasp new technologies.

During two decades of cooperation, FPT has always accompanied the leading energy corporation on its digital transformation journey, from modernizing core business infrastructure, deploying advanced technology to streamlining digital operations.

Through that, FPT has continuously affirmed its flexible and resilient adaptability, contributing to promoting sustainable development, while shaping new standards in the energy industry.

In recent years, FPT has continued to expand its customer support scope, focusing especially on services and solutions applying artificial intelligence - a technology that is leading to strong changes on a global scale.

FPT is also aiming to make Southeast Asia and Asia one of the strategic foreign markets, applying AI extensively, through developing elite human resources, encouraging innovation and creating practical impacts for organizations and businesses.

Energy is one of the fields in which FPT has extensive experience, providing services and technology solutions for over 20 years, with a team of 1,500 engineers with in-depth knowledge and technological capabilities.

The Group has also successfully implemented hundreds of technology and digital transformation projects for customers in the energy sector on a global scale.

Previously, FPT also signed many large-scale contracts worth hundreds of millions of USD such as the 225 million USD contract in the US, the 110 million USD contract in Singapore and the 115 million USD contract in Germany...

These contracts not only bring FPT a stable source of long-term revenue but also demonstrate its competitiveness on a global scale, especially in the fields of digital transformation and AI technology.

Source: https://vietnamnet.vn/fpt-ky-hop-dong-ky-luc-256-trieu-usd-voi-tap-doan-nang-luong-hang-dau-chau-a-2442915.html