FPT makes a strategic investment in SAP, a leading South Korean company.

FPT, through its subsidiary in South Korea, has signed a strategic investment agreement and a Master Service Agreement (MSA) with Blueward, a leading independent IT consulting and services company in South Korea specializing in system application programming (SAP/ERP).

Báo Nhân dân•08/12/2025

Representatives from FPT and Blueward at the signing ceremony of the strategic investment agreement and the master service agreement (MSA).

Representatives fromFPT and Blueward at the signing ceremony of the strategic investment agreement and the master service agreement (MSA).

Accordingly, FPT will own a maximum of 10% of Blueward's shares. This investment is expected to be completed before Blueward's IPO in 2028.

Through this collaboration, both parties aim to enhance their SAP/ERP deployment capabilities, improve consulting expertise, and strengthen their competitive position in the Korean market. Specifically, FPT and Blueward will leverage their respective strengths to jointly implement large-scale digital transformation programs for leading businesses in Korea.

Blueward has the advantage of SAP/ERP consulting, a strong customer relationship network, and a deep understanding of the Korean business environment. FPT, on the other hand, will bring a team of nearly 2,000 SAP experts along with extensive international experience in implementing large-scale digital transformation and business transformation programs.

The two parties will adopt a co-supply and co-implementation model for products and services, aiming to accelerate progress, optimize costs, and improve service quality for corporate clients.

This collaboration will also support FPT in expanding its strategic SAP/ERP projects and services across various areas, from consulting and implementation of S/4HANA (Next-generation enterprise resource management solution based on SAP HANA database), SAP BTP (SAP enterprise technology platform), SAP AI (SAP products and services integrated with AI), and system operation management.

Furthermore, leveraging Blueward's strengths in financial advisory services and FPT's capabilities in data, AI, and cloud computing, the two parties will expand their cooperation into the financial and capital market sectors to provide integrated solutions for brokerage, clearing and settlement, risk management, market surveillance, IFRS reporting, and SAP FI/CO integration.

According to Mr. Nguyen Khai Hoan, Deputy General Director of FPT Software, FPT Group, in South Korea and the APAC region in general, the demand for integrated SAP solutions is increasing, especially as more and more businesses accelerate their transition to the next-generation ERP platform – SAP S/4HANA.

"By combining Blueward's deep market understanding with FPT's global capabilities in SAP and large-scale digital transformation projects, we aim to support businesses in building more flexible, intelligent, and competitive operating models for the future," said Mr. Nguyen Khai Hoan.

Blueward CEO, Kim Jong-do, shared: “This investment will help optimize costs and strengthen customer confidence, while marking a significant step in Blueward’s journey to becoming an AI and cloud-native enterprise. Combining FPT’s global resources with Blueward’s practical implementation experience, we will innovate our development model and demonstrate our strong commitment to supporting customers in enhancing their competitive advantage in the digital age.”

With over two decades of collaboration with SAP, FPT has become a Regional Strategic Partner at APJ, recognized for its outstanding capabilities in digital transformation and regional deployment. In South Korea, FPT has built a strong position over the past decade, providing comprehensive SAP services including migration to SAP Cloud, SAP AI, and ERP through a team of over 300 local experts and more than 2,500 offshore engineers.

Blueward, formerly ISTN, is a leading independent SAP IT consulting and services company in South Korea, providing a full range of SAP ERP capabilities from consulting, implementation, migration to cloud computing environments, solution deployment, to application management.

With over 15 years of development, the company combines extensive SAP expertise with advanced cloud computing and AI capabilities to support digital transformation for large enterprises.

Blueward also operates a dedicated fintech and capital markets unit, providing digital financial solutions such as STOs and ATS, along with specialized financial IT advisory services.

The company continues to expand its vision of becoming a "cloud-native" enterprise operating on an AI platform, offering integrated SAP solutions, AI platforms, and digital transformation services to help customers operate intelligently, flexibly, and be ready for the future.

LE LAM

Source: https://nhandan.vn/fpt-dau-tu-chien-luoc-vao-cong-ty-sap-hang-dau-han-quoc-post928981.html