Monday, 26 July 2021

FPT SOFTWARE INVESTMENT IN INTERTEC STRENGTHENS NORTH AMERICAN NEARSHORE DELIVERY

 

KUALA LUMPUR, July 26 (Bernama) -- Vietnam’s leading tech firm, FPT Software, has announced its investment in global IT services provider Intertec International (Intertec), aiming to strengthen its North American nearshore delivery capabilities.

With this strategic investment, FPT Software and especially its North America subsidiary, FPT USA Corp can secure access to Intertec’s nearshore technology delivery centres in Costa Rica and Colombia and tap into Intertec’s wealth of operational experience in Latin America (LATAM).

This deal enables FPT Software to address its clients’ increasing demand for Agile software engineering and bridge the time zone differences between its IT professionals and customers.

The investment enables Intertec to leverage FPT Software's resources, including its innovative digital products and services and its network of delivery centres worldwide, to take on larger projects from a global approach.

“This deal represents a strong commitment to our customers. Though the US is our focused market, investing in nearby destinations like Costa Rica and Colombia offers up to 30 per cent cost savings while still ensuring time-zone, language, and cultural alignment.

“We will also be gaining access to a highly-skilled IT workforce,” said FPT Americas Chief Executive Officer, Dang Tran Phuong, describing Costa Rica and Colombia as attractive service hubs and renowned outsourcing destinations in the LATAM region.

Meanwhile, Intertec International CEO Rickard Hedeby said: “The FPT Software investment will help us accelerate our growth and build out our infrastructure, technical capabilities and proprietary tools.”

According to a statement, the investment in Intertec International aligns with FPT Software’s strategy to optimise its mix of offshore, nearshore and onsite delivery models to support customers 24/7. FPT Software aims to become a billion-dollar IT and digital transformation services provider by 2024.

For more information, visit www.fpt-software.com.

-- BERNAMA


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