FPT Software Named Disruptor in HFS Horizons: Manufacturing Intelligent Operations Services, 2024
Global IT firm FPT Software has been recognized as a Disruptor in HFS Horizons: Manufacturing Intelligent Operations Services, 2024. This marks the inaugural inclusion of FPT Software in this prestigious industry assessment, demonstrating its capabilities in the manufacturing sector.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240324780284/en/
(Graphic: Business Wire)
The report examines the capabilities of 12 top service providers delivering intelligent operations services tailored to the manufacturing sector. Areas of assessment include value proposition, innovation capabilities, go-to-market strategy, and market impact.
"We are honored to be recognized as a Disruptor in the HFS Horizons report for the first time," said Nguyen Xuan Phong, Chief of Artificial Intelligence at FPT Software. “This acknowledgement reflects our dedication to understanding our clients' specific challenges and our commitment to constantly innovating. We strive to offer comprehensive, AI-driven services tailored to the global manufacturing landscape, utilizing the latest technologies to drive impactful transformation for our clients.”
By leveraging the power of Artificial Intelligence, FPT Software AI Center has developed comprehensive solutions such as akaMES, Intelligent Inspection (I2) for manufacturers to unlock a data-driven, connected, and collaborative workforce, improve final product quality, and increase total factory capacity. Notably, I2 platform has been implemented with great success for a major automotive client in North America. Within this deployment, I2 has significantly improved car door panel quality assurance by reducing inspection time from 1-3 minutes to just 3-5 seconds per product, achieving an accuracy rate of 99%. This has led to a remarkable 70% reduction in inspection costs and effort, showcasing the transformative impact of AI in manufacturing.
FPT Software delivery capability is also demonstrated by its best shore model, which leverages the distinct advantages of on-shore, near-shore, and offshore resources. Combined with its comprehensive understanding of manufacturing operations, FPT Software can ensure seamless implementation and optimal outcomes for its clients.
FPT Software's commitment to innovation and AI, in particular, is further exemplified through recent strategic collaborations with industry leaders such as Landing AI, world-renowned AI institute Mila, and AITOMATIC. These partnerships enable the company to leverage cutting-edge technologies and domain expertise, driving digital transformation initiatives across the manufacturing landscape.
Supporting manufacturing clients in the MES space since 2019, FPT Software was also listed as a Major Player in the IDC MarketScape: Asia Pacific Manufacturing Execution Systems 2023 Vendor Assessment.
About FPT Software
FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $1 billion in revenue (2023) and over 30,000 employees in 30 countries.
The company champions complex business opportunities and challenges with its world-class services in Advanced Analytics, AI, Digital Platforms, Cloud, Hyperautomation, IoT, Low-code, and so on. It has partnered with over 1,000+ clients worldwide, 91 of which are Fortune Global 500 companies in Aviation, Automotive, Banking, Financial Services and Insurance, Healthcare, Logistics, Manufacturing, Utilities, and more. For more information, please visit https://fptsoftware.com/.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240324780284/en/
Contact information
Media
Mai Duong (Ms.)
FPT Software
PR Manager
MCP.PR@fpt.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
C5 Capital Partners with Ukraine’s Brave1 Accelerator to Advance Ukraine’s Defense Innovation4.10.2024 18:46:00 EEST | Press release
C5 Capital, a specialist venture capital firm based in Washington DC and London announces a strategic partnership with Brave1, Ukraine’s premier defense technology accelerator. This collaboration will support Ukraine’s innovative tech startups, accelerating the development and application of critical technologies for the defense of Ukraine against Russian aggression. Brave1 leads Ukraine’s defense innovation ecosystem. Since its launch, the accelerator has evaluated more than 2,600 cutting-edge defense-focused innovations. This remarkable achievement has established Ukraine as emerging global leader in defense technology and innovation. C5 Capital’s partnership will provide investment capital and strategic expertise needed to help Ukrainian founders grow and scale their defense startups, whose innovations are already being tested and deployed in battlefield conditions. “C5 Capital’s strategic partnership with Brave1 is focused on empowering Ukraine’s courageous founders, who are buildi
TXOne Networks Expands Edge Series of OT-Native Network Security Appliances4.10.2024 11:49:00 EEST | Press release
TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, today announced Version 2.1 of its Edge series of networking security appliances. designed to protect industrial processes and infrastructure without disrupting operations. This update enhances network resilience and adaptability across a wider range of industrial verticals. “Our Edge series is specifically engineered for the complexities of OT networks, where traditional IT cybersecurity solutions fall short,” said Dr. Terence Liu, CEO of TXOne Networks. “With version 2.1, we’ve elevated the Edge product line to address the unique challenges faced by OT environments—where disruption isn’t an option. This release underscores our commitment to delivering robust, adaptable security that not only meets current demands but anticipates the evolving needs of industrial operations.” TXOne Networks collaborates with manufacturers and critical infrastructure operators to protect over 3,600 organizations worldwide. The Edge V2.1
WELOCK and ApartX Ink Key China-Kazakhstan Digital Trade Agreement at Global Digital Trade Expo4.10.2024 04:54:00 EEST | Press release
On September 25th, the 3rd Global Digital Trade Expo “Digital Trade Night” was held in Hangzhou. The event highlighted important digital trade projects between China and Kazakhstan, injecting constant momentum into economic and trade cooperation between the two sides. During the event, the much-anticipated signing ceremony for the “China-Kazakhstan Digital Trade Key Project” was officially launched. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003595967/en/ (Photo: Business Wire) Important witnesses of the signing ceremony included: Zhaslan Madiyev (Minister) Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan Yao Gaoyuan Mayor of Hangzhou Avazhan Mukanova (Director of the Department of International Cooperation) Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan Shuang Dehui Deputy Director General of Guangdong Provincial Depar
Wrth: The Royal Institute of Traditional Arts Captivates Greece with the Intricate 'Al-Qatt Al-Asiri’ Art3.10.2024 19:01:00 EEST | Press release
Saudi traditional arts are set to reach new global audiences as the Royal Institute of Traditional Arts (Wrth) participates in the Saudi Cultural Week in Greece from September 27 to October 1. The event, titled “The Heritage of Two Cultures," explores Saudi heritage through the lens of "Al-Qatt Al-Asiri" art. Wrth offers a series of interactive workshops, including a highlight on the creation of natural dyes and gypsum carving arts with workshops and hands-on community artworks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003645976/en/ Wrth: The Royal Institute of Traditional Arts Captivates Greece with the Intricate 'Al-Qatt Al-Asiri’ Art (Photo: AETOSWire) As part of Culture Week, five talented Saudi artists lead interactive workshops showcasing the art of gypsum carving with traditional ‘Asiri’ patterns. This unique art form gained international recognition after being inscribed on UNESCO's Intangible Cultural Herit
Experience the Future of Smarter AI for All at Lenovo’s Tenth Annual Global Tech World Event3.10.2024 16:40:00 EEST | Press release
On October 15, 2024, Lenovo will host its annual global innovation event, Tech World, in Bellevue, Washington. This marks the 10th consecutive year of the event and reflects a decade of innovation and transformation from the company. This year’s event will explore how Lenovo is delivering on the promise of artificial intelligence (AI) with end-to-end solutions fueling its mission of Smarter AI for All. Technology featured will include ground-breaking AI for Good projects, hybrid AI to empower both individuals and enterprises, and proven ways to fast-track and deploy generative AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241003339216/en/ What's next for AI? Join us October 15, 2024 at #LenovoTechWorld to hear top industry leaders discuss the future of AI innovation for all. Learn more: https://lnv.gy/3ZxcPr5 (Graphic: Business Wire) The company will also discuss its ongoing investment and collaboration with partners to
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom