HANOI — FPT has announced a new strategic partnership and investment in Blueward, South Korea’s top independent SAP consulting and IT services firm. Under the agreement, FPT’s Korean subsidiary will invest to secure up to a 10% stake in Blueward before its expected IPO in 2028.
Together, the companies plan to strengthen SAP ERP delivery and expand digital transformation capabilities for major Korean enterprises. Blueward will contribute its extensive SAP expertise and local industry insight, while FPT brings nearly 2,000 SAP experts and a strong global track record in large-scale transformation projects. This combined strength will support co-selling and co-delivery models aimed at improving speed, cost efficiency, and service performance.
The partnership will broaden FPT’s SAP offerings, including S/4HANA migration, SAP BTP extensions, AI-enabled applications, and comprehensive application management services. Beyond core SAP ERP, the collaboration will extend to the finance and capital markets sector, leveraging Blue ward’s financial consulting capabilities and FPT’s AI, cloud, and data strengths.
Executives from both companies, including FPT’s Nguyen Khai Hoan and Blue ward’s CEO Kim Jong-do, noted that the alliance arrives at a crucial time as Korean enterprises accelerate their shift toward intelligent, cloud-native operations.
FPT currently operates as an SAP Regional Strategic Partner and employs more than 300 professionals in South Korea.