FPT partners with China’s Yonyou to provide enterprise management solutions
Recently, FPT Corporation signed an agreement with Yonyou Network Technology Co., Ltd. – a global top 10 ERP solution provider (according to IDC). The two parties will collaborate to leverage their strengths and provide comprehensive digital transformation solutions for businesses in Southeast Asia.
Representatives of FPT and Yonyou signed a cooperation agreement.
FPT is Yonyou’s first partner in Vietnam. Yonyou, a technology company with 35 years of experience in ERP solutions, is recognised by IDC as the largest enterprise management software provider in China.
Under the agreement, Yonyou and FPT will jointly provide advanced enterprise management software solutions for businesses in Vietnam and Southeast Asia.
Notably, YonBIP is an enterprise management solution platform designed to support businesses in their digital transformation journey. Developed on modern technologies such as cloud computing and AI, YonBIP offers optimal management solutions for enterprises in industries such as manufacturing, supply chain, finance, and human resources. This platform helps businesses optimize operational processes, enhance security, and improve management efficiency.
FPT will distribute and deploy Yonyou’s ERP solutions for medium and large enterprises in Southeast Asia. With exceptional technological capabilities and in-depth understanding of business needs, FPT will bring significant value to the customers of both companies.
Guo Baochun, vice president and general director of the international business unit at Yonyou Network Technology Co., Ltd., spoke at the event
Dr. Guo Baochun – Vice President and General Director of International Business Unit (OBU) at Yonyou Network Technology Co., Ltd., shared, “Vietnam, in particular, and Southeast Asia, in general, are strategic markets in Yonyou’s global development plan. We believe this partnership will bring Yonyou’s most modern management solutions closer to businesses, thereby promoting business efficiency and innovation.”
Mr. Chu Khanh Hoa, EVP & Director of Global Sector at FPT IS, FPT Corporation shared at the event
On FPT’s side, Chu Khanh Hoa, EVP & Director of Global Sector at FPT IS, FPT Corporation, emphasised, “Yonyou’s solution is suitable for the needs of many FDI enterprises and this will be an opportunity for us to reinforce our position as a leading technology company in implementing enterprise management and technology solutions. Both sides will create sustainable values and work together to help businesses successfully undergo digital transformation.”
The partnership agreement between FPT and Yonyou opens up new opportunities for both parties to realise their goal of ushering businesses in Vietnam, Southeast Asia, and globally into the era of smart management and sustainable development.
The enterprise management software market is expected to reach $117.09 billion by 2030, with a compound annual growth rate of 10 per cent from 2021, reflecting the growing demand for process digitalisation and business optimisation.
In Southeast Asia, over 60 per cent of businesses plan to invest in modern ERP solutions in the next three years (according to IDC), with a particular preference for cloud platforms to enhance flexibility and management efficiency. For businesses in Vietnam, especially foreign investment enterprises, adopting advanced technological solutions is not only key to synchronising global operations but also crucial for competitiveness and sustainable growth.
FPT is a global technology corporation with over 80,000 employees and a network of operations in 30 countries and territories. As a strategic partner of major technology corporations such as Microsoft, SAP, Oracle, and AWS, FPT leads in software development, IT service exports, and providing comprehensive digital transformation solutions.
