
FPT Software
Investments
3Partners & Customers
10About FPT Software
FPT Software delivers services in smart factory, digital platform, RPA, AI, IoT, enterprise mobilization, cloud, AR/VR, embedded system, managed service, testing, platform modernization, business applications, application service, BPO and more services.

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Latest FPT Software News
May 26, 2023
Tips and Tricks to Find Your Best Custom Application Development Partner Nowadays, more and more businesses are turning towards custom application development to meet their unique needs. Especially when the race for digital transformation is getting hotter than ever before, it is important for businesses to have a modern, effective digital solution to stay competitive. Finding the best custom application development partner can save businesses time, money, and resources in the long run. The right development partner can help you turn your ideas into reality while staying within your budget and timeframe. In this blog post, we’ll discuss some handy tips to help you find the best custom application development partner. What Is Custom Application Development? Custom application development refers to the process of creating a software application designed to meet the specific needs of an organization or end user. It involves several stages, such as requirement analysis, design, coding, testing, and deployment. The aim is to create applications that are tailored to fit your business requirements perfectly. Why Outsource Custom Application Development? Outsourcing custom application development can have a number of benefits. It is often more cost-efficient than hiring an in-house team, and it also allows businesses to access the latest technologies, tools, and expertise that they may not have access to otherwise. Additionally, outsourcing allows businesses to scale up or down quickly as their needs change without having to worry about long-term commitments or expensive software licenses. Outsourcing also helps companies focus on core competencies while avoiding costly mistakes due to a lack of experience or resources. Finally, by outsourcing custom application development, businesses can make sure that applications are secure and compliant with industry regulations. What Factors Matter the Most When Measuring a Custom Application Development Company? When it comes to searching for the best custom application development partner, there are several factors you should consider. Here are some of them: Experience and Expertise: The right development partner must have significant experience in developing custom applications. They should also possess expertise in relevant technologies, such as cloud computing , mobile app development, web-based applications, etc. Flexibility: Your chosen partner should be willing to adjust their process based on your requirements and feedback. This will help ensure that your software is delivered in a timely manner with optimal quality. Cost Effectiveness: You want to make sure that the cost involved in developing custom applications is within your budget. Ensure that the partner offers an affordable solution that is also able to meet your needs. By taking mentioned factors into consideration, you can find the right custom application development partner for your business. With their aid, you will be able to create a unique software solution that meets all of your requirements and helps you stay competitive in the digital transformation race. How to Choose the Right Custom Application Development Partner To find your right partner for your project, you can follow the following tips: Understand your needs: The first and most important step is to understand the kind of application that you need for your business. Make a list of the requirements and communicate them clearly to potential development partners. Check their experience: Look for a partner with extensive experience in developing custom applications, which will ensure they can meet your specific needs. Ask if they have developed any similar applications before, what technologies they use, how long it took them to develop them, etc., so you can get an idea of their capabilities. Get references: Ask for references from previous clients and contact them to ask about their experiences working with the developer. This will enable you to gain insight into the service quality and reliability offered by the partner. Assess cost: Make sure to clearly understand the cost and terms associated with the development process. Ask for a detailed breakdown of the cost involved, and compare pricing among different partners to ensure you get the best deal. Look at Long-term Service: While price can be a deciding factor, it is equally important to consider whether or not the application developer will continue providing support and maintenance after deployment. This is essential to ensure that your application runs smoothly over time. Analyze Their Methodologies: Custom application development involves a lot of communication and back and forth. Therefore, it’s essential to ensure that the developer has a methodology that supports collaboration and continuous communication. Agile methodologies are often the best fit for custom application development since they allow for fast iterations and feedback. Check Their Support: Creating custom applications isn’t a one-time project; it requires ongoing support and maintenance. Therefore, it would help if you had a developer who is reliable and has a good support system. Ask about warranties, service level agreements, and support options so that you can be sure that you have the assistance available when you need it. By following these tips, you can choose an experienced and reliable custom application development partner who understands your needs, offers competitive prices, and provides long-term service after deployment. Top 3 Best Custom Application Development Companies in Vietnam In recent years, Vietnam has risen as one of the best IT hotspots in Asia , attracting a wide range of organizations of all sizes to outsource their software development needs. With a host of experienced and professional custom application developers, Vietnam has quickly become the destination for reliable and cost-effective services, making the country the best ally in dealing with the shortage of IT manpower . Here are three of the best custom application development companies in Vietnam: Orient Software With over 18 years of experience, Orient Software is one of the top-tier custom software development companies in Vietnam. The company specializes in not only custom application development but also mobile app and web development, as well as DevOps services. They have a team of experienced developers that are dedicated to delivering high-quality products on time and within budget. Compared to other options in the country, Orient Software offers competitive rates and excellent customer service. To serve clients from all across the globe, Orient Software has expanded its business to different regions, including not only Vietnam but also Japan, Singapore, and the United States. FPT Software FPT Software is a leading software development service provider with offices located in North America, Europe, Australia, Japan, and Vietnam. This company offers a wide range of services that cover custom application development system integration, Internet of Things (IoT) solutions, AI/ML applications, and more. They have developed projects for some of the world’s largest brands, such as Microsoft, IBM, and Oracle. FPT Software also has its own DevOps platform to provide cloud-native services that are scalable and cost-effective. With an impressive portfolio of successful projects under their belt, they offer competitive rates along with high-quality work delivery. Niteco As one of the top development companies in Southeast Asia, Niteco provides a full range of software development services that cover custom application development and integration, as well as UI/UX design. The company works with clients to develop robust, secure applications that are tailored to their specific needs. They have an experienced team of developers and IT experts who can help you create the perfect solution for your business. Also, the company offers ongoing maintenance and support services to make sure that your application runs smoothly over time. Compared to other options in the market, Niteco offers competitive prices and excellent customer service. These three are only some of the many experienced custom application development companies in Vietnam. To find the best partner for your project, research different companies and their services, compare prices and make sure that you choose one that has a good track record and customer service. With the right support, custom applications can be extremely beneficial for organizations of all sizes. So if you’re looking to develop an application tailored to your business needs, consider these three options as well as other reputable providers in Vietnam.
FPT Software Investments
3 Investments
FPT Software has made 3 investments. Their latest investment was in LTS as part of their PIPE on October 10, 2022.

FPT Software Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/13/2022 | PIPE | LTS | Yes | 2 | ||
7/26/2021 | Corporate Minority | |||||
7/11/2019 | Corporate Minority |
Date | 10/13/2022 | 7/26/2021 | 7/11/2019 |
---|---|---|---|
Round | PIPE | Corporate Minority | Corporate Minority |
Company | LTS | ||
Amount | |||
New? | Yes | ||
Co-Investors | |||
Sources | 2 |
FPT Software Acquisitions
2 Acquisitions
FPT Software acquired 2 companies. Their latest acquisition was Intertec - IT Services Business on February 23, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
2/23/2023 | Acquired Unit | 1 | ||||
5/4/2021 | Series A |
Date | 2/23/2023 | 5/4/2021 |
---|---|---|
Investment Stage | Series A | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired Unit | |
Sources | 1 |
FPT Software Partners & Customers
10 Partners and customers
FPT Software has 10 strategic partners and customers. FPT Software recently partnered with IONITY on May 5, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/4/2023 | Client | Germany | MUNICH -- -- FPT Software and IONITY recently extended their strategic partnership : FPT Software will support the leading pan-European high-power charging network for electric vehicles in upgrading its customer services . | 1 | |
2/8/2023 | Partner | United States | `` The partnership with Anaplan will enable FPT Software to extend its outreach in the Digital Transformation services portfolio . | 3 | |
2/1/2023 | Client | Germany | FPT Software Europe Supports DAX Company Covestro With Cloud Migration Through its partnership with FPT Software , Covestro AG benefits from the comprehensive expertise of the Vietnamese IT service provider , which has already successfully implemented extensive cloud migration and digital transformation projects for major corporations like Schaeffler , RWE , Innogy and E.On . | 3 | |
11/2/2022 | Client | ||||
9/27/2022 | Partner |
Date | 5/4/2023 | 2/8/2023 | 2/1/2023 | 11/2/2022 | 9/27/2022 |
---|---|---|---|---|---|
Type | Client | Partner | Client | Client | Partner |
Business Partner | |||||
Country | Germany | United States | Germany | ||
News Snippet | MUNICH -- -- FPT Software and IONITY recently extended their strategic partnership : FPT Software will support the leading pan-European high-power charging network for electric vehicles in upgrading its customer services . | `` The partnership with Anaplan will enable FPT Software to extend its outreach in the Digital Transformation services portfolio . | FPT Software Europe Supports DAX Company Covestro With Cloud Migration Through its partnership with FPT Software , Covestro AG benefits from the comprehensive expertise of the Vietnamese IT service provider , which has already successfully implemented extensive cloud migration and digital transformation projects for major corporations like Schaeffler , RWE , Innogy and E.On . | ||
Sources | 1 | 3 | 3 |
FPT Software Team
3 Team Members
FPT Software has 3 team members, including current Chief Executive Officer, David Nguyen Tran Hung.
Name | Work History | Title | Status |
---|---|---|---|
David Nguyen Tran Hung | Chief Executive Officer | Current | |
Name | David Nguyen Tran Hung | ||
---|---|---|---|
Work History | |||
Title | Chief Executive Officer | ||
Status | Current |
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