- This topic is empty.
-
Posts
-
Konica Minolta Launches New
Subsidiary for MFP Software Development in Vietnam.
Tokyo (September 17, 2024) – Konica Minolta, Inc. has officially announced the establishment of a new subsidiary, KONICA MINOLTA FPT Solution Labs Vietnam Co., Ltd., in Vietnam. This wholly owned subsidiary is part of KONICA MINOLTA FPT Solution Labs, Inc., a joint venture with FPT Japan Holdings Co., Ltd. (FPT Japan).Founded in April 2024, KONICA MINOLTA FPT Solution Labs aims to enhance the development process of Multi-Function Printer (MFP) software while improving the company’s value proposition for customers. The new subsidiary will serve as a dedicated development hub in Vietnam to support this strategic vision.
As digital transformation accelerates and AI becomes increasingly prevalent, the demand for skilled IT professionals, particularly software developers, has evolved significantly. Retaining these professionals is a growing challenge. Konica Minolta recognizes the need for a robust system to transfer expertise to the next generation of developers, ensuring the creation of innovative solutions on a global scale.
This initiative is part of Konica Minolta’s strategy to reinforce the Office Business segment, identified as a key “profit-maintaining business” within the Medium-term Business Plan. By leveraging the extensive development resources of FPT Software, a leading global IT company based in Vietnam with a presence in 30 countries, Konica Minolta aims to secure stable profitability.
Objectives Behind the Establishment
- Strengthening Profitability: The new subsidiary will enhance the profitability of Konica Minolta’s Office Business, ensuring steady cash flow through optimized development investments.
- Collaborative Partnership: By deepening the collaboration with FPT Software, which boasts over 30,000 IT professionals and comprehensive IT services, the company aims to effectively address diverse customer requirements.
- Talent Retention and Technology Advancement: The establishment will facilitate the retention of top talent and keep proprietary technologies up to date, focusing on after-sales support and maintenance for MFPs.
- Expansion of Development Scope: Leveraging the combined technological capabilities of the joint venture, Konica Minolta plans to broaden its development efforts from MFP software to a wider array of office solutions and peripherals.
- Local Development Management: The initiative will establish a framework for managing offshore development and IT engineers locally, optimizing operational efficiencies.
Overview of the New Company
- Company Name: KONICA MINOLTA FPT Solution Labs Vietnam Co., Ltd.
- Headquarters: Hanoi, Vietnam
- Establishment Date: September 4, 2024
- Leadership: CEO Takayuki Nabeshima and four directors
- Capital: 10 million yen
- Business Focus: Engaging in software development tasks from KONICA MINOLTA FPT Solution Labs, Inc.
KONICA MINOLTA FPT Solution Labs Vietnam will oversee software development activities for its parent company. Experts from Konica Minolta and FPT Software will manage key project phases and ensure effective technology asset accumulation. The collaborative efforts will maximize the potential of Konica Minolta’s offshore development capabilities through FPT Software’s resources.
- You must be logged in to reply to this topic.