FPT Corporation strengthens partnership with RWE AG through new five-year agreement

FPT Corporation has solidified its collaboration with RWE AG through a newly signed five-year Master Service Agreement (MSA), aiming to enhance technological innovation and operational efficiencies within the energy sector. The agreement, signed on [insert date if available], heralds an intensified partnership that is set to support RWE’s progressive initiatives towards IT/OT convergence, the advancement of renewable energy, and the integration of data-driven solutions.

The signing ceremony occurred in Essen, Germany, and was attended by notable figures including Ms. Katja van Doren, a Member of the Executive Board of RWE AG, and Mdm. Chu Thi Thanh Ha, the Chairwoman of FPT Software, along with senior executives from both companies. This event signifies a strategic milestone in the long-standing partnership between the two entities.

FPT is poised to enhance RWE’s operational capabilities through its Offshore Delivery Center, offering scalable and cost-effective solutions tailored to meet the evolving requirements of the energy company. The establishment of a local Centre of Excellence (CoE) is also part of the agreement, focusing on providing Project Management Office (PMO) and consulting services designed to automate key practices that can elevate operational efficiency and yield enhanced returns on investment.

As the agreement unfolds, FPT’s role will extend to assisting RWE’s expansion into crucial areas such as IT/OT integration and advanced AI solutions, placing both companies at the forefront of industry innovation and sustainability. The partnership is particularly notable for its emphasis on collective growth in the renewable energy sector and the incorporation of data-driven decision-making.

Mdm. Chu Thi Thanh Ha, Chairwoman of FPT Software, remarked that “this agreement reflects our strategic focus on partnering with European businesses to accelerate innovation in critical sectors like renewable energy and green transformation.” She noted the importance of workforce development to meet the demands of such partnerships, underscoring FPT’s dedication to creating a well-equipped IT talent pool that can deliver enduring value.

Mr. Dzung Tran, Chief Executive Officer of FPT Software Europe, expressed that the signing of the agreement is a significant milestone in the collaboration with RWE, reinforcing their commitment to both digital and energy transformation across the European landscape. He highlighted FPT’s decade-long partnership with RWE, stating that the collaboration positions both companies to deliver sustainable value to their customers.

RWE AG’s Chief Information Officer, Ms. Gülnaz Öneş, commented on the significance of the agreement in RWE’s digital transformation efforts, stating that the partnership with FPT Software allows for the integration of their digital business and production systems. This integration aims to implement innovative solutions that can foster sustainable growth in the energy sector.

FPT Corporation, established in Vietnam, has emerged as a major player in the technology and IT services landscape, benefiting from over three decades of development and innovation. The company operates across three core sectors: Technology, Telecommunications, and Education, with a commitment to providing effective products and services on a global scale.

RWE, a leading energy company operating in almost 30 countries, is strongly focused on sustainability through its strategy, “Growing Green.” The firm is actively investing in renewable energy sources, including offshore and onshore wind, solar energy, and battery technology, with the objective of phasing out coal by 2030 and achieving net-zero emissions by 2040. This collaboration with FPT is set to further enhance RWE’s capabilities in meeting its sustainability goals.

Source: Noah Wire Services