FPT Software Recognized in IDC MarketScape: Asia/Pacific Cloud Security Services 2023–2024 Vendor Assessment

Business Wire IndiaFPT Software, a leading global IT provider, has been named as a Major Player in the IDC MarketScape: Asia Pacific Manufacturing Execution Systems 2023 Vendor Assessment (doc #AP50426823, November 2023). This marks the second consecutive year that FPT Software has been ranked in this assessment, reaffirming the company’s strong capabilities in cloud security.

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This IDC MarketScape examined 12 vendors that offer cloud security services in the highly competitive and mature Asia Pacific market. The participating vendors were evaluated based on their offerings, portfolio benefits, market execution, market presence, innovation, partnerships, customer satisfaction, and employee management.

“We take great pride in maintaining our position as the only representative from Vietnam among the top Asia Pacific vendors to be included in this research. This recognition solidifies our standing as a valuable partner for companies seeking a reliable security provider to accompany their cloud digital transformation. It is also a reflection of our vision, capabilities, and strong focus on delivering outcome-based solutions for security operations to help build a reliable cyber landscape for businesses,” said FPT Software Chief Information Security Officer, Head of Cybersecurity Practice, Pham Tung Duong.

FPT Software’s cybersecurity services revolve around Cloud, Applications, Cyber Defense, and Digital Infrastructure to manage risks and enhance cyber resilience for businesses. The company has forged strategic partnerships with cloud hyperscalers such as Microsoft and Amazon Web Services (AWS) and has garnered accreditation from esteemed institutions like CREST and CVE to meet customers’ needs for security standards.

About FPT Software

FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $803 million in revenue (2022) and over 28,000 employees in 28 countries. The company champions complex business opportunities and challenges with its world-class services in Advanced Analytics, AI, Digital Platforms, Cloud, Hyperautomation, IoT, Low-code, and so on. It has partnered with over 1,000+ clients worldwide, 91 of which are Fortune Global 500 companies in Aviation, Automotive, Banking, Financial Services and Insurance, Healthcare, Logistics, Manufacturing, Utilities, and more. For more information, please visit https://fptsoftware.com/

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.


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