The company expects the new office to help increase global resources to quickly respond to the shifting needs of the automotive industry as well as optimize the value brought to customers in terms of deployment speed, scale and product development efficiency.
It is expected that by 2026, FPT Automotive's office in India will have a staff of 500, mainly highly specialized technology engineers with comprehensive capabilities.
At the same time, through this office, the company will attract more potential new customers. Pune, is currently considered one of the world's leading automobile manufacturing centers with the presence of famous car manufacturers such as Volkswagen, Mercedes-Benz, Bajaj Auto, Hero MotoCorp... Thousands of startups and global technology companies are also operating in Pune, typically including Red Hat, Quick Heal, Cisco, IBM, Oracle...
FPT Automotive General Director Kinh Nguyen said: “With a team of knowledgeable and pioneering personnel in new technology areas of the automotive industry, FPT Automotive will accelerate its journey with customers to quickly bring products to market. The values we build will focus on the development of a mobile society through accompanying global customers. From there, we aim to become a pioneer in developing software-defined vehicles in the world.”
FPT Automotive was established by FPT Corporation in December 2023, aiming to conquer the multi-hundred-billion-dollar automotive software market. The company is headquartered in Texas, USA. Before establishing FPT Automotive, FPT had invested in this field for more than 10 years with a team of more than 4,000 experts developing comprehensive automotive software services, ranging from entertainment technology, in-car information, electronic control units (ECUs), safety and security functions, to UI/UX design for cars, wireless and digital connectivity.
With a growth rate of about 40% in recent years, this field has made an important contribution to FPT's goal of reaching 1 billion USD in IT service revenue for foreign markets in 2023.
FPT's comprehensive MaaZ technology solution for cars is also globally recognized with the AutoTech Breakthrough Awards - an international award dedicated to innovative initiatives in the automotive technology industry held annually.
FPT currently owns a network of 150 customers, including leading enterprises in the industry such as Volvo, Honda, Hyundai, Ford, LG, Panasonic, VinFast, NXP... Recently, the company has reached a cooperation agreement to develop software for devices of Nippon Seiki - the world's leading corporation in meter clusters and head-up displays (HUD) for cars and motorbikes.
FPT is also positioned in the group of Major Contenders along with many big names such as Infosys, Tata Technologies, Cognizant, NTT DATA… according to Everest Group’s recent announcement on ACES (Automated, Connected, Electric, and Shared Vehicles) for 26 global automotive software providers. The company aims to achieve $1 billion in revenue in this segment by 2030.
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