FPT Group and DPDgroup, Europe’s second largest parcel delivery network, sign the digital transformation agreement. — Photo courtesy of FPT FPT Group entered into a digital transformation agreement on Thursday with DPDgroup, Europe’s second largest parcel delivery network. According to the agreement, FPT will examine DPDgroup's IT system before mapping out and deploying the digital technology platform IT4EM2 to improve the European courier's business performance across 12 countries. The companies will also work together in Big Data analysis and building the data architecture needed to become a data-driven business. The entire process will be guided by FPT's Digital Kaizen methodology – “Think Big, Start Smart and Small, Scale Fast” – helping DPDgroup transform in the most cost-efficient and agile manner. FPT Chairman’s Trương Gia Bình said: “This contract testifies the trust that DPDgroup puts in FPT’s … [Read more...] about Digital Transformation Deal signed between FPT and DPDgroup
Forrester digital transformation 2018
IT firms expected to lead country’s digital transformation
Digital transformation has caused the emergence of new business models such as Grab, Sendo and Shopee. — Photo ndh.vn Information and technology (IT) firms will lead the country’s digital transformation in all sectors, said Phan Tam, Deputy Minister of Information and Communications (MIC). Speaking at the Viet Nam CEO Summit 2019 held in Ha Noi on Thursday, Tam said the Fourth Industrial Revolution would create breakthroughs for countries which take advantage of its opportunities. “The Vietnamese Government advocates fully tapping opportunities from Industry 4.0 in service of national digital transformation, making it easier for Viet Nam to escape the middle-income trap and become a modern industrialised nation by 2045,” he said. He added that developing the digital economy would be one of the key tasks to promote economic restructuring and renewal of the growth model. The digital transformation would increase information and data access to bring new business … [Read more...] about IT firms expected to lead country’s digital transformation
National plan to promote digital transformation
Illustrative image (Photo: VNA) Hanoi (VNA) – A national plan is scheduled to be issued this year so as to serve as a basis to engage state agencies, businesses and individuals in digital transformation – a leading factor in growth facilitation and digital economy development. Minister of Information and Communications Nguyen Manh Hung said digital transformation and digital society will be a focus of Vietnam in decades to come. Digital transformation will open up great opportunities for the country as it will bring about comprehensive changes to organisations and businesses. Truong Gia Binh, Chairman of the Vietnam Software and IT Services Association (VINASA), said digital transformation will generate several benefits like cutting down operating expenses, accessing more customers and making faster and more precise decisions, thereby improving businesses’ operational efficiency and organisations’ competitiveness. According to him, in the IT era, the growth … [Read more...] about National plan to promote digital transformation
Vietnam on the verge of digital transformation
Key survival issue Currently, digital transformation is taking place worldwide. According to a recent survey by International Data Group, nearly 90% of businesses have started their conversion with different steps, from research to implementation. More than 30% of business leaders surveyed considered digital transformation a vital issue, confirming the immediate effectiveness brought about by digital transformation in many aspects: superiority in customer understanding, increased productivity, ensuring competitive prices and speeding up creativity. If enterprises and organisations are slow in shifting, it will lead to consequences such as inferior labour productivity, decision-making delays, a lack of sensitivity to seize opportunities and not being closely associated with customers. In fact, there are large enterprises with a development history of hundreds of years but have not caught up with "digitalisation", or have the desire to transform but have not succeeded, have lagged … [Read more...] about Vietnam on the verge of digital transformation
Digital transformation delivers breakthrough chances to VN
The experts comment that thanks to the digitalization process, along with the impressive growth of technological advancements, all regular activities of human beings, especially commercial ones, are gradually changing. There exist a group of businesses which operate basing on real-time data, making them the leader thanks to their remarkable performance and outstanding quality. They can better serve customers, and thus increasing their own revenues while minimizing overhead costs. In fact, the digitalization process has brought precious values like profit growth, cost saving, real-time operation of complicated data systems, large-scale customization of devices. Therefore ‘digital transformation’ has been ranked in the top three prioritized issues of any business in this era. According to Mr. Truong Gia Binh, President of FPT Group, since 8 years ago, FPT has continuously received invitations from major international corporations because they are able to master cutting edge … [Read more...] about Digital transformation delivers breakthrough chances to VN