NEWS
FPT Software forges strategic alliance as Nippon Seiki software development partner
In the initial phase of the collaboration , FPT Software will develop platforms and applications for Nippon Seiki ’ s motorcycle meters , leveraging its extensive expertise in software development and the automotive domain .
Nippon Seiki has been facing increasing market demands and a shortage of automotive software engineers globally . To meet Nippon Seiki ’ s needs , FPT Software will convene a team of hundreds of skilled software engineers by 2025 and plans to double this workforce by 2027 .
The alliance expects to embrace the latest innovations in humanmachine interfaces .
Ahead of the collaboration , FPT Software had already worked on multiple unit testing projects with Nippon Seiki ’ s subsidiaries .
Vietnamese global IT services provider FPT Software has signed an MoU with Nippon Seiki – world leading supplier of information display products for automobiles and motorcycles . The partnership makes FPT Software Nippon Seiki ’ s software development partner .
“ This partnership with Nippon Seiki holds great significance for us , opening up the next chapter for both companies in the future .
“ We are committed to dedicating our best resources to this project to achieve good results for Nippon Seiki ,” said FPT Software Chairwoman Chu Thi Thanh Ha .
APAC sees rising demand for managed services as cloud spending continues to fall
Demand for traditional managed services in APAC remained strong in the second quarter , even as spending on cloud services continued to slide , according to the latest state-of-the-industry report from Information Services Group ISG .
The Asia Pacific ISG Index , measuring commercial outsourcing contracts with annual contract value ( ACV ) of US $ 5 million or more , shows second-quarter ACV for the combined market – both cloud-based XaaS and managed services – fell 18 % versus the prior year , to US $ 4.0 billion , dragged down by a sharp and continuing decline in the XaaS segment .
ACV for XaaS was down 28 % percent for the quarter to US $ 2.9 billion , the lowest such mark since the third quarter of 2020 and the fourth quarter in a row that the XaaS market has contracted year over year .
Demand for managed services rose significantly , with second-quarter ACV up 30 % to US $ 1.1 billion , from the prior year .
“ Enterprises in Asia Pacific are increasing their spending on traditional IT and business services outsourcing as a lever for cost optimization in an uncertain economy ,” said
Scott Bertsch , partner and regional leader , ISG Asia Pacific
“ The cloud sector , meanwhile , continues to suffer a reversal of fortune . Enterprises that scaled up quickly during the pandemic are now rationalizing their cloud costs and postponing discretionary cloud spending .” p
18 INTELLIGENTCIO APAC www . intelligentcio . com