FPT Named in The Application Modernization And Multicloud Managed Services Landscape by Leading Independent Research Firm

HANOI, Vietnam--(BUSINESS WIRE)--Global IT firm FPT announced its inclusion in Forrester’s The Application Modernization And Multicloud Managed Services Landscape, Q4 2024.

The report provides an overview of the application modernization and multicloud managed services market and 42 notable service providers to enhance customer experiences and access to advanced technical capabilities but also help mitigate costs tied to outdated systems.

With over a decade of expertise in cloud solutions and modernization, FPT Software has developed and refined its proprietary Cloud Modernization Factory (CMF). This comprehensive framework embodies best practices to optimize and streamline cloud modernization programs. Proven to deliver substantial benefits, the CMF enhances business agility, improves service quality, and achieves significant cost savings. It accelerates development cycles by up to 40%, reduces implementation costs by 30%, and mitigates up to 60% of common pitfalls, ensuring a seamless and efficient modernization journey.

Frank Bignone, Global Director of Digital Transformation (DX) Division at FPT Software, FPT Corporation, said: “Cloud transformation is no longer a choice but a necessity for companies aiming to stay competitive and resilient in today’s fast-paced environment. With the Cloud Modernization Factory, we bring our technology expertise and proven methodologies to empower clients to modernize applications, improve operational efficiency, and ensure business continuity in a shared-responsibility model that integrates seamlessly with their digital strategies.”

FPT has established partnerships with Amazon Web Services, Microsoft, Google Cloud, Dataiku, Azure, Palantir, etc. to deliver cutting-edge solutions that accelerate large-scale digital transformation and streamline the cloud migration process.

About FPT

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of USD 2.17 billion and 48,000+ employees. For more information about global IT services, please visit https://fptsoftware.com/