Covering Disruptive Technology Powering Business in The Digital Age

Global IT corporation FPT recently signed a Memorandum of Understanding (MoU) with the multinational industrial technology conglomerate Siemens, fostering collaboration and mutually beneficial business opportunities in advancing the manufacturing sector and semiconductor chip production while accelerating digital transformation globally.

The two tech titans will join forces in areas such as smart infrastructure, green and intelligent data centres, digital industrial solutions, automotive software development, and digital transformation. Built on the successful partnership on MindSphere IoT Operating System since 2017, the new agreement focuses on strengthening engagement and competencies in digital transformation services for both sides and their clients worldwide, as well as opening up new business opportunities.

The global IT leader aspires to become the Global SI Partner for Siemens’ low-code platform Mendix and Engineering Services Provider for Siemens EDA, focusing on AUTOSAR projects.

Siemens also invited its partner to join its Xcelerator ecosystem to accelerate digital transformation with Siemens’ solutions and applications. Additionally, the two parties will further expand collaboration in the smart infrastructure domain, with Siemens targeting to be the preferred supplier for FPT’s data centre network and its sustainable infrastructure development projects in Vietnam.

FPT and Siemens Are Committed to Advancing Tech

Leveraging its profound technology foundation in the digital ecosystem, Cloud, and low-code, Siemens commits to aiding its partner with access to training and knowledge-sharing on a large scale. The German powerhouse will also provide support and explore collaboration with the Vietnam-based company in semiconductor design and manufacturing, one of FPT’s pivotal areas for future growth. As a leading chipmaking company in Vietnam, FPT also aims to supply semiconductor chips to Siemens.

FPT and Siemens officials at the MOU signing.

Speaking at the signing ceremony, Dr Truong Gia Binh, FPT Chairman and Founder, said: “We focus on five keywords: Digital transformation, Green transformation, Artificial Intelligence, Automotive, and Semiconductor. Our greatest resource is our talented people, with 32,000 digital transformation experts working across the globe. In the future, we plan to invest in AI supercomputers and workforce training and development, prioritizing NVIDIA certifications and advancing innovations in industries such as automotive and semiconductor. I believe these will be the stepping stones to enhance cooperation between FPT and Siemens.”

Roland Busch, Chairman and CEO at Siemens AG, affirmed that FPT and Siemens have many commonalities: “Siemens has extensive experience in the semiconductor industry, and we are confident in our capability to provide FPT with technological support. Furthermore, Siemens boasts expertise in various domains, including smart infrastructure and digital industrial solutions. We are positioned to leverage these technologies to enhance product adaptability in daily life. Consequently, Siemens is fully prepared to collaborate closely with FPT in their future endeavors, offering comprehensive support and innovative solutions.”

Banking on Years of Innovation Experience

The two companies have years of experience in successful collaboration, varying across sectors and industries. With a track record of success and extensive experience, FPT has established itself as a world-class technology enabler for complex business challenges and opportunities. Post surpassing USD $1 billion in revenue from global IT services in 2023, the Vietnam-headquartered tech corporation aims to achieve USD $5 billion in revenue from global IT services by 2030 and reach billion-dollar milestones from a single market, a single vertical industry and a single contract.

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