Global IT corporation FPT and Blueward announced a key Technology Partnership. Blueward, formerly known as ISTN, is a leading South Korean SAP consulting firm. This agreement includes both a strategic investment and a Master Service Agreement. FPT, through its subsidiary, will secure up to a 10% equity stake in Blueward. This investment is planned for completion before Blueward’s IPO in 2028. Both companies aim to strengthen SAP ERP delivery capabilities. Furthermore, they want to deepen consulting expertise. This will enhance their competitiveness within the Korean enterprise market.
FPT and Blueward will leverage complementary strengths effectively. They will support large-scale digital transformation programs. These programs are for South Korea’s leading enterprises. Blueward offers deep SAP ERP consulting expertise. They also have strong client relationships locally. FPT contributes nearly 2,000 SAP experts globally. They also bring extensive international experience. This includes leading major digital transformation initiatives. The companies will implement co-selling models. They will also use co-delivery models to accelerate execution. This optimizes costs and improves service quality for customers.
Expanding SAP and AI Capabilities Across Asia-Pacific
The Technology Partnership allows FPT to expand its strategic projects. This involves SAP ERP services. These services include consulting and S/4HANA implementation. They also cover SAP AI use cases and application management. Demand for integrated SAP solutions keeps rising in Asia-Pacific. This is because companies accelerate migration to S/4HANA. The collaboration extends beyond SAP ERP systems.
It will also move into capital markets and finance. Blueward provides specialized financial consulting expertise. FPT offers strong capabilities in data, cloud, and AI. Together, they will deliver integrated solutions. These include brokerage operations and risk management. IFRS reporting and SAP FI/CO integration are also covered. This collaboration helps enterprises build more agile operations. It ensures they remain intelligent and competitive. The new Technology Partnership demonstrates a strong commitment to the region.
Explore Finance Tech News for the latest innovations in financial technologies and expert insights shaping the future of digital finance!
News Source: Businesswire.com
