Global IT company FPT and Blueward, a well-known SAP consulting firm in South Korea, have signed two initiatives: a Strategic Investment Agreement and a Master Service Agreement. FPT will invest in Blueward with its South Korean subsidiary, making up to 10% of the company before Blueward’s IPO in 2028.
This initiative aims to strengthen their Enterprise Resource Planning (ERP) services, enhancing enterprise consulting skills, and increasing their competitiveness in the South Korean market. Blueward will bring its deep expertise in SAP ERP and established client relationships, while FPT will contribute its 2,000 SAP experts and global experience with digital transformation projects. Together, they will focus on large-scale digital transformation efforts for leading South Korean companies.
The partnership will also allow FPT to spread its SAP ERP services, including consulting, S/4HANA implementation, SAP AI, application management, etc. They will also operate in areas like finance and capital markets, integrating Blueward’s financial consulting skills with FPT’s expertise in data, AI, as well as cloud services.
With over 20 years of experience working with SAP, FPT has built a strong presence in South Korea and the APJ region, offering SAP services through a team of more than 300 local professionals and 2,500 offshore engineers.
Executive Statement
According to Nguyen Khai Hoan, FPT Software Senior Executive Vice President, FPT Corporation, across South Korea and the broader APAC region, demand for integrated SAP solutions continues to rise, especially as more companies accelerate their migration to the next-generation ERP platform, SAP S/4HANA. Leveraging Blueward’s deep local expertise and FPT’s global capabilities in SAP and large-scale digital transformation, they can accompany enterprises in building more agile, intelligent, and competitive operations for the future.