|With this strategic investment, FPT Software is reinforcing its service delivery capacity across the Americas|
With this strategic investment, FPT Software and especially its North America subsidiary FPT USA Corporation, 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. 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.
"The FPT Software investment will help us accelerate our growth and build out our infrastructure, technical capabilities, and proprietary tools. We're excited to be aligned with an organisation that shares our ideals of providing exceptional customer value and proactive engagement," said Intertec International CEO Rickard Hedeby.
"This deal represents a strong commitment to our customers. Though the US is our focus 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 CEO Dang Tran Phuong.
"Costa Rica and Colombia are attractive service hubs and renowned outsourcing destinations in the Latin America region, so I believe there are huge potentials for us to tap into. With the combination of the region's geographical advantages, business-friendly government policies, our digital solutions, and both companies' technical know-how, we aim to assist more customers at an accelerated speed while saving costs," he added.
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. Before this move, FPT Software has established 22 development centres spanning the Americas, Europe, and the Asia-Pacific to improve its responsiveness and help its customers realise their speed-to-market goals.
After two decades of leading Southeast Asia in IT outsourcing, FPT Software shifted its strategic focus onto digital transformation in 2019. The company aims to become a billion-dollar IT and digital transformation services provider by 2024.
Intertec International is an IT and technical services company founded in 2002, headquartered in Phoenix, Arizona, with offices across the US, UK, and nearshore technology centres in Costa Rica and Colombia. Intertec International provides technology solutions and services to Fortune 500 and mid-size companies in a variety of vertical markets.
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