Latest news with #FPTCorporation
Yahoo
3 days ago
- Automotive
- Yahoo
FPT and Cymotive Form Strategic Alliance to Advance Automotive Cybersecurity Innovation
HANOI, Vietnam, June 03, 2025--(BUSINESS WIRE)--Global IT services provider FPT has signed a Memorandum of Understanding (MOU) with Cymotive Technologies, an Israel-based leader in automotive cybersecurity. This agreement initiates a collaboration to introduce Cymotive's proven cybersecurity solutions to FPT's established automotive customer base, jointly develop and deliver next-generation cybersecurity solutions for Software-Defined Vehicles (SDVs), and advance safer, smarter, and more connected mobility. The MOU lays the groundwork for a strategic collaboration focused on the joint development and commercialization of advanced cybersecurity solutions tailored to the evolving demands of the automotive industry. The agreement focuses on leveraging and commercializing Cymotive's pioneering cybersecurity solutions, extensive engineering experience, and deep industry expertise within FPT's global partner network and presence. The partnership will advance new solutions tailored to evolving automotive market demands and emerging SDV platforms. Both sides aim to maximize end-to-end protection, fully addressing the complex technical and regulatory demands faced by automotive manufacturers and suppliers worldwide. Nguyen Duc Kinh, FPT Software Executive Vice President and FPT Automotive Chief Executive Officer, FPT Corporation, emphasized the strategic significance of this agreement: "The automotive industry is undergoing a fundamental shift toward software-defined, intelligent mobility. This evolution demands not only robust cybersecurity but also a forward-looking approach to digital resilience at scale. Our partnership with Cymotive enhances our capacity to lead in this transformation, combining trusted cybersecurity expertise with global delivery capabilities to shape a future where secure, autonomous, and connected vehicles are the new standard in mobility." Cymotive Co-founder, Tamir Bechor, added: "Together, FPT and Cymotive critically accelerate the global growth of cybersecurity connected mobility. The partnership pairs the niche expertise and impressive track records of FPT in driving digital transformation and Cymotive in elevating automotive cybersecurity, positioning us to jointly fortify vehicle safety, steer SDV innovation progress, and stay ahead of ever-evolving cyber threats." Automotive is among FPT's five strategic directions. Leveraging its two decades of expertise in automotive technology, FPT launched a dedicated subsidiary focusing on automotive technologies in 2023. The company currently boasts a global network of 5,000 automotive software engineers and alliances with top chipmakers, tier-1 suppliers, and OEMs. Its delivery excellence is supported by adherence to international standards and certifications, including ISO/SAE 21434, ISO 26262, A-SIL (A/B/C/D), TiSAX, and A-SPICE Level 3. About FPT Corporation FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit About Cymotive Technologies Cymotive Technologies is a global automotive cybersecurity provider specializing in preemptive, holistic solutions for vehicles, fleets, and smart mobility. Founded in 2016 and driven by a team of elite cybersecurity specialists, Cymotive empowers manufacturers, suppliers, and automotive technology with continuous in-vehicle and cloud protection and homologation compliance support for software defined vehicles. From top tier cybersecurity engineering services and consultancy to ongoing vulnerability management and regulation compliance, automated intrusion detection, incident response, and security testing, Cymotive manages the evolving SDV attack surface and threat landscape for the entire vehicle lifecycle. To learn more about Cymotive's comprehensive automotive cybersecurity solutions, visit View source version on Contacts Media Contact Mai Duong (Ms.)FPT CorporationFPT Software PR Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Automotive
- Yahoo
FPT and Cymotive Form Strategic Alliance to Advance Automotive Cybersecurity Innovation
HANOI, Vietnam, June 03, 2025--(BUSINESS WIRE)--Global IT services provider FPT has signed a Memorandum of Understanding (MOU) with Cymotive Technologies, an Israel-based leader in automotive cybersecurity. This agreement initiates a collaboration to introduce Cymotive's proven cybersecurity solutions to FPT's established automotive customer base, jointly develop and deliver next-generation cybersecurity solutions for Software-Defined Vehicles (SDVs), and advance safer, smarter, and more connected mobility. The MOU lays the groundwork for a strategic collaboration focused on the joint development and commercialization of advanced cybersecurity solutions tailored to the evolving demands of the automotive industry. The agreement focuses on leveraging and commercializing Cymotive's pioneering cybersecurity solutions, extensive engineering experience, and deep industry expertise within FPT's global partner network and presence. The partnership will advance new solutions tailored to evolving automotive market demands and emerging SDV platforms. Both sides aim to maximize end-to-end protection, fully addressing the complex technical and regulatory demands faced by automotive manufacturers and suppliers worldwide. Nguyen Duc Kinh, FPT Software Executive Vice President and FPT Automotive Chief Executive Officer, FPT Corporation, emphasized the strategic significance of this agreement: "The automotive industry is undergoing a fundamental shift toward software-defined, intelligent mobility. This evolution demands not only robust cybersecurity but also a forward-looking approach to digital resilience at scale. Our partnership with Cymotive enhances our capacity to lead in this transformation, combining trusted cybersecurity expertise with global delivery capabilities to shape a future where secure, autonomous, and connected vehicles are the new standard in mobility." Cymotive Co-founder, Tamir Bechor, added: "Together, FPT and Cymotive critically accelerate the global growth of cybersecurity connected mobility. The partnership pairs the niche expertise and impressive track records of FPT in driving digital transformation and Cymotive in elevating automotive cybersecurity, positioning us to jointly fortify vehicle safety, steer SDV innovation progress, and stay ahead of ever-evolving cyber threats." Automotive is among FPT's five strategic directions. Leveraging its two decades of expertise in automotive technology, FPT launched a dedicated subsidiary focusing on automotive technologies in 2023. The company currently boasts a global network of 5,000 automotive software engineers and alliances with top chipmakers, tier-1 suppliers, and OEMs. Its delivery excellence is supported by adherence to international standards and certifications, including ISO/SAE 21434, ISO 26262, A-SIL (A/B/C/D), TiSAX, and A-SPICE Level 3. About FPT Corporation FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit About Cymotive Technologies Cymotive Technologies is a global automotive cybersecurity provider specializing in preemptive, holistic solutions for vehicles, fleets, and smart mobility. Founded in 2016 and driven by a team of elite cybersecurity specialists, Cymotive empowers manufacturers, suppliers, and automotive technology with continuous in-vehicle and cloud protection and homologation compliance support for software defined vehicles. From top tier cybersecurity engineering services and consultancy to ongoing vulnerability management and regulation compliance, automated intrusion detection, incident response, and security testing, Cymotive manages the evolving SDV attack surface and threat landscape for the entire vehicle lifecycle. To learn more about Cymotive's comprehensive automotive cybersecurity solutions, visit View source version on Contacts Media Contact Mai Duong (Ms.)FPT CorporationFPT Software PR
Business Wire
3 days ago
- Automotive
- Business Wire
FPT and Cymotive Form Strategic Alliance to Advance Automotive Cybersecurity Innovation
BUSINESS WIRE)--Global IT services provider FPT has signed a Memorandum of Understanding (MOU) with Cymotive Technologies, an Israel-based leader in automotive cybersecurity. This agreement initiates a collaboration to introduce Cymotive's proven cybersecurity solutions to FPT's established automotive customer base, jointly develop and deliver next-generation cybersecurity solutions for Software-Defined Vehicles (SDVs), and advance safer, smarter, and more connected mobility. The MOU lays the groundwork for a strategic collaboration focused on the joint development and commercialization of advanced cybersecurity solutions tailored to the evolving demands of the automotive industry. The agreement focuses on leveraging and commercializing Cymotive's pioneering cybersecurity solutions, extensive engineering experience, and deep industry expertise within FPT's global partner network and presence. The partnership will advance new solutions tailored to evolving automotive market demands and emerging SDV platforms. Both sides aim to maximize end-to-end protection, fully addressing the complex technical and regulatory demands faced by automotive manufacturers and suppliers worldwide. Nguyen Duc Kinh, FPT Software Executive Vice President and FPT Automotive Chief Executive Officer, FPT Corporation, emphasized the strategic significance of this agreement: 'The automotive industry is undergoing a fundamental shift toward software-defined, intelligent mobility. This evolution demands not only robust cybersecurity but also a forward-looking approach to digital resilience at scale. Our partnership with Cymotive enhances our capacity to lead in this transformation, combining trusted cybersecurity expertise with global delivery capabilities to shape a future where secure, autonomous, and connected vehicles are the new standard in mobility.' Cymotive Co-founder, Tamir Bechor, added: 'Together, FPT and Cymotive critically accelerate the global growth of cybersecurity connected mobility. The partnership pairs the niche expertise and impressive track records of FPT in driving digital transformation and Cymotive in elevating automotive cybersecurity, positioning us to jointly fortify vehicle safety, steer SDV innovation progress, and stay ahead of ever-evolving cyber threats.' Automotive is among FPT's five strategic directions. Leveraging its two decades of expertise in automotive technology, FPT launched a dedicated subsidiary focusing on automotive technologies in 2023. The company currently boasts a global network of 5,000 automotive software engineers and alliances with top chipmakers, tier-1 suppliers, and OEMs. Its delivery excellence is supported by adherence to international standards and certifications, including ISO/SAE 21434, ISO 26262, A-SIL (A/B/C/D), TiSAX, and A-SPICE Level 3. About FPT Corporation FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit About Cymotive Technologies Cymotive Technologies is a global automotive cybersecurity provider specializing in preemptive, holistic solutions for vehicles, fleets, and smart mobility. Founded in 2016 and driven by a team of elite cybersecurity specialists, Cymotive empowers manufacturers, suppliers, and automotive technology with continuous in-vehicle and cloud protection and homologation compliance support for software defined vehicles. From top tier cybersecurity engineering services and consultancy to ongoing vulnerability management and regulation compliance, automated intrusion detection, incident response, and security testing, Cymotive manages the evolving SDV attack surface and threat landscape for the entire vehicle lifecycle. To learn more about Cymotive's comprehensive automotive cybersecurity solutions, visit
Business Wire
27-05-2025
- Business
- Business Wire
FPT Joined Inaugural Vietnam-France Leaders Forum, Strengthening Bilateral Business Cooperation
BUSINESS WIRE)--FPT Corporation (FPT) recently participated in the inaugural Vietnam-France Leaders Forum, an initiative that marked a significant milestone in strengthening economic ties between the two countries. Co-chaired by FPT Chairman Dr. Truong Gia Binh and Artelia Executive Chairman Mr. Benoit Clocheret, the event was held during French President H.E. Emmanuel Macron's official state visit to Vietnam. "I strongly encourage Vietnamese and French businesses to take the lead in forging new economic partnerships that reflect the dynamism of our two nations," said Dr. Truong Gia Binh, FPT Founder and Chairman. The forum brought together nearly 50 representatives from leading Vietnamese and French enterprises across various sectors, including aerospace, banking & finance, energy, retail, healthcare, education, and more. Notable participants from Vietnam included the Vietnam Software & IT Services Association (VINASA), FPT, Vietjet, CMC, BIDV, BRG Group, and TH Group. On the French side, representatives from the French Embassy, the Movement of the Enterprises of France (MEDEF), the French Chamber of Commerce and Industry in Vietnam (CCIFV), French Foreign Trade Advisors (CCE), Business France, and major industry players such as Airbus, Alstom, TotalEnergies, Odyssey, Thales, Suez, EDF, SNCF, and Systra were in attendance. Vietnam-France Leaders Forum focuses on strengthening business ties between France and Vietnam, leveraging both nations' comprehensive strategic partnership and shared ambitions. It emphasized fostering collaboration, joint ventures, and lasting partnerships between leading companies from both countries to achieve mutual national transformation goals. Looking ahead, the forum is set to become a recurring event, held annually on a rotating basis between the two countries, to sustain dialogue and jointly address evolving business challenges. "Vietnam and France share a profound bond rooted in history and culture, which is a strong foundation for a future defined by innovation, shared prosperity, and strategic cooperation. I strongly encourage Vietnamese and French businesses to take the lead in forging new economic partnerships that reflect the dynamism of our two nations. The Vietnam–France Leaders Forum was created to serve as a catalyst for this vision, bringing together leaders, ideas, and opportunities to build a prosperous future together,' said Dr. Truong Gia Binh, FPT Founder and Chairman. To further support French companies in addressing global challenges, FPT Chairman also proposed a co-location strategy, encouraging French businesses to establish a presence in markets where FPT actively expands its workforce. "While France and Vietnam face some different challenges, we also tackle similar ones in sustainable development, industrial digitalization, and social transformation. That is why we encourage forum members to establish ventures and partnerships in both countries, and aim to attract more French companies, from large firms to SMEs, to develop business in Vietnam, while encouraging Vietnamese corporations to expand into France," said Mr. Benoit Clocheret, Artelia Executive Chairman. The forum featured roundtable discussions that delved into market insights, business expertise, and opportunities for bilateral collaboration. Representatives from Vietnam and French businesses expressed strong interest in forming strategic partnerships in key areas such as sustainable energy, urban development, modern transportation, healthcare, retail, IT talent training, and financial services. As a representative of Vietnam's IT sector, FPT Executive Vice President Pham Minh Tuan emphazised FPT's key differentiator of comprehensive ecosystem, with education system covering from elementary to university level, providing training not only in languages and advanced technologies like artificial intelligence, but also business etiquettes that enables people to work effectively across diverse cultures. 'Looking into the future, FPT commits to generating millions of jobs for the young generation, and building successful partnerships with French enterprises in any form of collaboration, not only in Vietnam but also for the global market', he said. At the event, FPT and Odyssey Education signed a Letter of Intent to introduce a high-quality French education program into Vietnam's academic system. Odyssey Education is a renowned French international education group specializing in providing French curricula across Europe, North Africa, and Southeast Asia, as well as a partner of The Agency for French Education Abroad (AEFE). France was the first European country that FPT expanded into in 2008. The company has since collaborated with global leaders, including Airbus, La Poste, Air Liquide, Quadient, Canal+, Sagemcom, SNCF, Geopost, and more. In 2023, FPT's French subsidiary was recognized among France's Top 100 ICT Companies, underscoring its growing influence in the country. That same year, FPT deepened its local capabilities by acquiring a majority stake in AOSIS, a French IT consulting firm specializing in SAP, Data, Cloud, and smart solutions for the aerospace, aviation, and transportation sectors. To further strengthen cultural and professional ties, FPT also launched the FPT Francophone Association, aimed at developing French-speaking talent and fostering business and cultural exchange. Most recently, in May 2025, FPT was the only Vietnamese company to participate in the Choose France Summit in Paris, affirming its long-term commitment to the French and European markets, and expressing interest in strategic partnerships in AI, semiconductors, transportation, energy, and education. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit
Business Upturn
20-05-2025
- Business
- Business Upturn
FPT Ranked in Asia's 40 IT Services Companies 2024
Hanoi, Vietnam: Global IT firm FPT Corporation has been ranked among Asia's 40 IT services companies and 140 globally by revenue, in the Gartner® Market Share: Services, Worldwide, 2024. This press release features multimedia. View the full release here: According to Gartner® Market Share: Services, Worldwide (Accessible to Gartner clients only) report, FPT generated over USD 1.4 billion in revenue from its technology sector in 2024. The Corporation now ranks 40th in Asia, up 6 places from the previous year. In the global league, FPT also changed 18 positions to 139th. In 2024, FPT achieved a total revenue of USD 2.47 billion from its primary sectors, including technology, telecommunications, and education, reflecting a growth rate of 19.4% year-on-year. The technology sector accounted for 62.2% of the Corporation's total revenue and 47.2% of its pre-tax profit. FPT's IT services for foreign market saw revenue surge 27.4% year-over-year and contributed 79.1% of technology revenue and 91.2% of pre-tax profit in the segment. This increase was largely fueled by the global surge in demand for digital transformation, which remained one of FPT's most popular services worldwide, with a 37.6% year-on-year revenue growth. The Japanese market experienced the highest growth, exceeding the USD 500 million revenue mark in 2024, followed by the Asia-Pacific region with a 34.8% growth. FPT secured several landmark projects globally, including deals worth USD 225 million in the United States, USD 115 million in Germany, and USD 110 million in Singapore. 'In 2024, we unveiled our strategic focus on Artificial Intelligence, Semiconductors, Automotive, Digital Transformation (DX), and Green Transformation, with AI as the cornerstone. Moving forward into 2025 and beyond, FPT will steadfastly leverage opportunities within these five key areas to enhance our capabilities, solidify our reputation as a globally trusted and prestigious technology partner, and elevate Vietnam's status as a premier destination for smart digital transformation, AI, and semiconductors,' stated Dr Truong Gia Binh, FPT Chairman. FPT Chairman also affirmed the Corporation's continued focus on AI, highlighting its vision to develop one million AI Agents to serve as digital assistants for individuals and customers alike, boosting productivity and efficiency. To realize this goal, AI will be integrated across all products and services developed by FPT. FPT has set ambitious 2025 targets, aiming for 20% revenue growth and a 21% increase in pre-tax profit. AI integration and sector-wide expansion will remain at the heart of its strategy as the company continues to scale its global impact and solidify its position as a leading digital transformation provider. In the first quarter of 2025, FPT recorded a 13.9% increase in revenue and a 19.4% rise in profit before tax, reflecting continued business momentum. The technology sector grew by 15.3% year-on-year, fueled by strong performance in global IT services, which saw a 17% revenue increase. During this period, FPT secured nine large-scale contracts, each valued at over USD 10 million. Looking ahead, FPT remains committed to its long-term vision of reaching USD 5 billion in global IT services revenue by 2030, solidifying its stature as a world-class provider of technology solutions. Gartner, Market Share: Services, Worldwide, 2024, Neha Sethi, Sid Nag, 11 April 2025 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About FPT FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organisations worldwide. Committed to elevating Vietnam's position on the global tech map and delivering world-class solutions for global enterprises, the Corporation focuses on five strategic areas: Artificial Intelligence, Automotive, Semiconductor, Digital Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit . View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
