After 9 years of operation, FPT in the US has overcome the challenge. This achievement will be a motivation for the company’s further growth in 2018.
“It’s the first time that FPT USA (FUSA) reached USD 50 million after 9 years from its establishment,” CEO Dang Tran Phuong said. “This is a great achievement of all team who have accompanied with the company from the first day such as Bui Hoang Tung, Phan Trong Quan, Nguyen Cong Thanh, colleagues from many departments or even Medhad Bhat – who only joined for a few days and now returned to FUSA, etc.”.
However, CEO FUSA also affirmed that the revenue of USD 50 million is the achievement after long time and hard effort but it is still very small compared to the FUSA’s ability and the potential of the market.
Thanks to FUSA’s efforts for the globalization mission, the ambitions, dreams and visions that FPT has been looking forward to, CEO Dang Tran Phuong also pointed out that FUSA aimed to increase 30% of revenue and 22% of profit by 2018. In the early days of the new year, FUSA has implemented a coherent structure of pre-sales, sales, production and BA.
The company provides IT services to more than 20 leading US corporations in the field of aircraft manufacturing, elevator control system design, satellite television and banking.
Previously, on September 2017, FUSA has changed the senior staff. Accordingly, Mr. Bui Hoang Tung, who opened and led FPT in the United States for 9 years, was assigned as FPT Software’s first Chief Strategy Officer with the mission of promoting growth through M&A activities and global market expansion.
Mr. Dang Tran Phuong- former FPT USA’s Chief Delivery Officer was officially appointed as the Chief Executive Officer of FPT USA. Sharing with internal media, new CEO of FPT USA said that the unit will promote the “Whale farming” strategy and improve its performance.
Previously, in the middle of September, FPT has officially opened an office in Denver, Colorado’s largest city, to promote its operation with some major US airlines. According to CEO of FPT USA Dang Tran Phuong, setting up an office in Denver aims to quickly reach out to and support customers in the area. At present, there are around 40 employees working here. At present, FPT has offices in five major US cities including Texas, Denver, Los Angeles, Silicon Valley, Renton and over 150 employees from 15 countries.
Despite a lot of challenges as well as the pressure on revenue and profit growth, CEO FUSA still believed in the development of the unit. “FPT grew up in a difficult time and that gives us strength and confidence. Therefore, I believe that if we have enough passion and faithful for FUSA, nothing will stop us to succeed,” stressed CEO Dang Tran Phuong.