FPT Software

What FPT Software does

FPT Software is a Vietnam-headquartered global IT services and digital transformation provider founded in 1988 and operating as a wholly-owned subsidiary of FPT Corporation. The company delivers AI-powered software engineering, application modernization, cloud, data, cybersecurity, managed services, and domain-specific platforms across banking, insurance, healthcare, manufacturing, automotive, energy, retail, aviation, and logistics verticals, serving 110+ global enterprise clients in more than 30 countries and territories. Headcount exceeds 54,000 employees, of whom 25,000+ are globally certified AI engineers, supporting both offshore delivery and AI research.

The company's platform portfolio is structured around vertical-specific AI assets: Flezi Foundry for agentic software development and IT operations, IvyChat for regulated-industry agentic AI, IvyHub for conversational AI and automation, iSuite for the full insurance lifecycle, FleziPT for AI-driven manufacturing, VertZéro for carbon/ESG management, xMainframe LLM (up to 97% accuracy on legacy code), and CodeWiki for automated repository documentation. Underpinning these is AI Factory infrastructure in Vietnam and Japan powered by NVIDIA H100 and H200 GPUs, ranked among the world's top 40 supercomputers. Strategic relationships with NVIDIA, Microsoft, Salesforce (first ASEAN Center of Excellence), Intel, Sitecore (inaugural Global Elite Reseller for SitecoreAI), ServiceNow, Temenos, Adobe, AWS, Google Cloud, and SAP provide co-sell and implementation leverage.

FPT generates revenue primarily through professional services (IT consulting, application development and modernization, managed services) delivered via Offshore Development Centers and nearshore hubs acquired via Intertec International (Costa Rica, Colombia, Mexico) in 2023. Pricing is quote-based and not publicly disclosed; contract values reach $256 million for the largest disclosed five-year engagement, and the company is targeting $1 billion in Japan revenue by 2027. The operating model combines enterprise field sales, channel/reseller partnerships (Sitecore, Salesforce, ServiceNow), and strategic technology partnerships, with an explicit AI-first go-to-market that bundles AI-augmented engineering with proprietary platforms and AI governance credentials (ISO/IEC 42001, HITRUST r2 with AI Security).

Name

FPT Software

Legal name

FPT Software Company Limited

Website

https://fpt-software.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

FPT Software is a Vietnam-headquartered AI-first IT services and digital transformation provider with 54,000+ employees, delivering proprietary AI platforms and engineering services to 110+ global enterprise clients across banking, insurance, healthcare, manufacturing, automotive, and energy verticals.

Ownership category

akta.pro rank

Product category

IT Outsourcing and Digital Transformation Services

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

akta.pro secondary industries

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), Data, Analytics & AI Consulting (BPAHAEAF)

Keywords

• IT outsourcing services
• AI software platforms
• Digital transformation services
• Enterprise application development
• Cloud migration services

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. IT Services and Consulting: Comprehensive technology services including application development, modernization, cloud, data analytics, cybersecurity, and managed services. Delivered through global delivery model with offshore development centers.
2. Digital Transformation Services: End-to-end digital transformation services including custom software development, data engineering, cloud, and mobile solutions. Strategic partnerships with major enterprise clients under multi-year agreements.
3. AI Solutions and Platforms: AI-powered platforms including IvyHub, IvyChat, iSuite, and FleziPT offered as part of AI-first strategy, with AI-augmented engineering services.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

FPT Software provides AI-augmented IT outsourcing, custom software development, and digital transformation services to enterprise clients across banking, healthcare, manufacturing, automotive, insurance, energy, and retail, delivered through a global network of Offshore Development Centers and proprietary AI platforms (IvyHub, IvyChat, iSuite, FleziPT, Flezi Foundry, FezyFlow). Its portfolio combines professional services with sellable AI platforms, voice and conversational AI agents, digital manufacturing solutions, automotive cockpit software, and legacy modernization tooling.

Product overview

FPT Software is an AI-First technology services company providing comprehensive, AI-powered solutions augmented by a global delivery model. The core platform is FleziPT, an AI-first platform for manufacturing operations, complemented by the recently launched Flezi Foundry AI-augmented delivery platform combining autonomous AI agents with human expert oversight for both software development and IT operations. The portfolio also includes IvyChat enterprise agentic AI for regulated industries, the IvyHub AI integration and automation platform, and the FezyFlow no-code workflow platform. Manufacturing-specific solutions span FleziOps, FleziQMS, and FleziUDP alongside the broader FPT Automotive unit which houses the Smart AI Cabin cockpit platform. Specialized domain platforms include iSuite for insurance lifecycle automation and VertZéro for carbon/ESG management. FPT also operates AI Factories in Vietnam and Japan powered by NVIDIA GPUs and delivers solutions through strategic partnerships including Salesforce (CoE), Sitecore, Microsoft, SAP, and NVIDIA.

Differentiator

Problem solved

Functional benefit

Brands

• Flezi Foundry: AI-augmented delivery platform for software development and IT operations featuring Agentic Development Lifecycle and Agentic Managed Services modes
• FPT Automotive
• IvyChat
• IvyHub
• iSuite
• FleziPT
• VertZero
• FleziOps
• FleziQMS
• FleziUDP

Products and services

• FleziPT

Quantifiable outcome

• 30% more output within the same budget for software development using Flezi Foundry
• +11 more outcomes

Named customers13 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

AI capability13 records

Feature11 records

Partnerships

30 partnerships are on record, tiered core, flagship and minor.

• SembcorpcoreStrategic or Co-development Partner · 2 June 2026FPT and Sembcorp exploring opportunities in AI, digital infrastructure, and sustainable development across APAC region.
• UOBflagshipStrategic or Co-development Partner · 1 June 2026MoU to explore strategic collaboration in AI, digital transformation, and financial services innovation. Partnership focuses on AI-first banking models, digital banking modernization, fintech innovation, and regional ecosystem development across Vietnam and APAC markets.
• GooglecoreStrategic or Co-development Partner · 29 May 2026Strategic partner for GStar Summit 2026 along with Pacific Gateway Partners. Google DeepMind executive featured as speaker discussing agentic AI, education in AI era, and AI applications.
• MicrosoftflagshipStrategic or Co-development Partner · 25 May 2026Expanded strategic collaboration to advance AI frontier innovation across Asia. FPT recognized as Premier Partner with ServiceNow and has long-standing partnership for Microsoft 365 implementation. Deployment for Chugoku Electric Power Group demonstrates capabilities.
• Munich/Bavaria ExpansionminorChannel Partner/ Reseller/ Distributor · 21 May 2026FPT opening new office in Munich to accelerate AI transformation efforts in Bavaria, expanding presence in Northern Europe.
• SalesforceflagshipStrategic or Co-development Partner · 15 May 2026Launched first ASEAN Salesforce Center of Excellence for Data & AI Innovation at FPT Tower in Hanoi. FPT has invested significantly with over 1,000 developers, 800 certifications, and 200 projects delivered globally. Salesforce also launched first Data and AI Center of Excellence in Vietnam with FPT.
• IntelflagshipStrategic or Co-development Partner · 29 April 2026Strategic partnership to develop and offer end-to-end AI-driven factory optimization solutions combining Intel's factory simulation and digital twin technologies with FPT's digital manufacturing platforms (FleziOps, FleziQMS, FleziUDP). FPT brings 150+ manufacturing deployments and 25,000+ AI-certified engineers.
• NVIDIAflagshipTechnology or Integration · 29 April 2026Partnership leveraging NVIDIA H100 and H200 GPUs for Vietnam's first large-scale AI infrastructure. FPT's AI Factories in Vietnam and Japan powered by NVIDIA GPUs are among world's top 40 supercomputers.
• Shinhan BankcoreStrategic or Co-development Partner · 28 April 2026MoU to expand cooperation in digital finance, startup ecosystems, and strategic technologies with AI as key enabler. Partnership includes joint innovation using AI and Big Data, cooperation in semiconductors, quantum technologies, and future mobility.
• QuadientcoreStrategic or Co-development Partner · 13 April 2026New five-year Master Services Agreement extending Offshore Development Center model and deepening AI-driven innovation collaboration. ODC will consist of 200 professionals supporting Quadient's R&D activities, marking nearly 20 years of partnership.
• Kyushu Financial Group (KFG)coreStrategic or Co-development Partner · 18 March 2026MoU to collaborate on digital transformation, market expansion, and developing new business opportunities in Japan and Vietnam. Partnership leverages FPT's AI platform FleziPT and builds on prior collaborations including CO2 management system Tansakukun.
• AgoracoreTechnology or Integration · 26 February 2026Regional partnership to provide AI-powered customer engagement solutions for banks and financial services firms across Southeast Asia. Combines Agora's real-time voice and video infrastructure with FPT's AI voice and messaging agents targeting digital banking operations.
• G42flagshipStrategic or Co-development Partner · 8 February 2026Joint $1 billion investment in AI infrastructure and cloud computing alongside Microsoft, FPT, VinaCapital, and Viet Thai to establish Vietnam as a leading AI nation. G42 and Microsoft consortium targeting $2 billion data center development in Ho Chi Minh City.
• LG CNScoreStrategic or Co-development Partner · 27 January 2026Strategic partnership to jointly expand AI-powered education and training solutions across Vietnam and Southeast Asia. Combines LG CNS's LENS language learning platform and A+CE communication skills training tool with FPT's market presence and implementation capabilities.
• AB Engineering & Systems (AB Power)minorChannel Partner/ Reseller/ Distributor · 24 January 2026Strategic partnership targeting India's growing infrastructure sector leveraging FPT's strategic focus on Indian market amid unprecedented infrastructure growth.
• SitecoreflagshipChannel Partner/ Reseller/ Distributor · 8 January 2026FPT appointed as Sitecore's inaugural Global Elite Reseller for SitecoreAI, granting exclusive reseller rights in Vietnam and non-exclusive rights across select Asian and Middle Eastern markets. Three-year agreement builds on collaboration dating back to 2015.
• TelechipscoreStrategic or Co-development Partner · 2 January 2026Collaboration to launch Smart AI Cabin, an AI-powered Intelligent Cockpit Platform for vehicles. Combines FPT's software expertise with Telechips' automotive-grade Dolphin 5 semiconductor technology featuring AI Orchestrator managing over 30 modular AI agents.
• Cymotive TechnologiescoreStrategic or Co-development Partner · 1 June 2025MoU to jointly develop and market advanced automotive cybersecurity solutions for software-defined vehicles, addressing growing automotive cybersecurity market.
• Sweden/Vietnam PartnershipminorStrategic or Co-development Partner · 1 June 2025FPT Software expanding presence in Northern Europe, participating in Vietnam-Sweden Business Forum with 100 enterprises from both countries.
• GE HealthCareflagshipStrategic or Co-development Partner · 2 April 2025Expanded strategic cooperation from project-based engagement to long-term partnership focused on AI-driven healthcare solutions. FPT becomes channel partner for GE HealthCare's digital solutions in Vietnam and will establish Competency Centre for product strategy and development.
• Carbon EX Inc.minorStrategic or Co-development Partner · 1 February 2025Strategic partnership to develop carbon accounting and ESG reporting platforms for Vietnam market.
• Intertec InternationalcoreStrategic or Co-development Partner · 23 February 2023FPT acquired Intertec International's IT Services division to expand nearshore delivery capabilities in North America. The deal included nearly 300 employees and four offices across Costa Rica, Colombia, and Mexico, with plans to expand Latin American presence.
• Landing AIcoreTechnology or IntegrationPartnering with Landing AI alongside NVIDIA, Microsoft, SAP, Mila and AItomatic for AI capabilities.
• MilacoreTechnology or IntegrationAI research partnership with Mila (Quebec AI Institute) alongside NVIDIA, Microsoft, SAP, Landing AI and AItomatic.
• AItomaticcoreTechnology or IntegrationAI partnership with AItomatic alongside NVIDIA, Microsoft, SAP, Landing AI and Mila for AI capabilities.
• AccenturecoreImplementation/ SI/ Consulting PartnerImplementation partner for Salesforce AI Innovation Hub in Singapore alongside PwC Singapore and Huron.
• AWScoreTechnology or IntegrationCloud partnership with Amazon Web Services alongside Microsoft, Google Cloud, Alibaba Cloud, Oracle Cloud and Palantir for cloud migration and digital transformation.
• Google CloudcoreTechnology or IntegrationCloud partnership with Google Cloud alongside Microsoft, AWS, Alibaba Cloud, Oracle Cloud and Palantir for cloud migration and digital transformation.
• SAPcoreTechnology or IntegrationSAP partnership for ERP services alongside AI partners NVIDIA, Microsoft, Landing AI, Mila and AItomatic.
• Vietnam AirlinescoreStrategic or Co-development PartnerPartnership with Vietnam Airlines for next-generation e-commerce website development using Adobe content management systems with AI-powered chatbot.

Scale indicators16 records

Recent moves8 records

Expansion highlights8 records

Direct peers

• Persistent Systems: Mid-sized global IT services company with deep Salesforce and NVIDIA partnerships (Persistent is a Salesforce Global SI partner), strong BFSI focus, and accelerating AI engineering practice. Comparable in scale, partnership footprint, and vertical emphasis.
• Tata Consultancy Services (TCS): India-based IT services giant with the largest global delivery network, verticalized domain practices across BFSI and manufacturing, and an expanding AI/cloud services portfolio. Competes head-to-head with FPT in multi-year enterprise transformation engagements.
• Wipro: Global IT services company with strong AI-services positioning (Wipro ai360), broad cloud and digital transformation offerings, and similar enterprise BFSI/manufacturing/automotive customer base. Closely comparable business model with overlapping Tier-1 partnerships (Microsoft, SAP, NVIDIA).
• Infosys: Global IT services and consulting company headquartered in India with comparable AI-engineering scale (Infosys Topaz), large offshore delivery model, and similar BFSI/insurance/manufacturing client base. Closest peer on talent-arbitrage services plus proprietary platform strategy (FPT IvyHub/IvyChat ~ Infosys Topaz).
• Globant: Argentina-based AI and digital engineering services firm with similar DNA: AI-first positioning, proprietary platforms, vertical specialization in BFSI/manufacturing, and global Tier-1 partnerships. Comparable scale and AI-services thesis.
• EPAM Systems: Digital engineering and AI services company with global delivery hubs including Eastern Europe and Latin America, broad enterprise customer base, and platform-led engineering offerings. Comparable in scale, AI focus, and delivery model.
• HCL Technologies: India-headquartered IT services major with engineering R&D, digital foundation services, and AI-led offerings. Comparable scale, delivery model, and enterprise customer base across BFSI and manufacturing verticals.
• Cognizant: US-headquartered IT services company with deep BFSI and healthcare verticals, large offshore delivery, and growing AI/digital services practice. Competes with FPT for enterprise transformation and application modernization contracts.

Broad incumbents

• Accenture: Global IT services and consulting leader with the broadest enterprise transformation portfolio including Accenture AI and Gen-AI services. Already an implementation partner alongside FPT for Salesforce in Singapore, making it both a peer and an ecosystem counterpart.
• Capgemini: Global IT services and engineering firm with comparable AI/data/cloud capabilities and significant BFSI/manufacturing enterprise presence. Competes in European and APAC enterprise transformation deals alongside FPT.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fpt_software
• Facebookfacebook.com/fptsoftware.official
• LinkedInlinkedin.com/company/208401

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FPT Software