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FPT leverages AI to optimize existing systems for businesses

FPT leverages AI to optimize existing systems for businesses

HANOI, Vietnam

Speaking at the recent FPT Techday 2024 event in front of more than 600 global business leaders and thousands of technology experts and enthusiasts, Pham Minh Tuan, Executive Vice President of FPT Corporation and CEO of FPT Software, highlighted the critical need to modernize existing systems, often the operational aspect. the backbone of long-established businesses and FPT’s commitment to making the modernization of existing systems more agile by leveraging artificial intelligence (AI).

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Mr. Pham Minh Tuan Highlights AI-Driven Legacy Modernization at FPT Techday 2024 (Photo: Business Wire)

According to Tuan, a significant portion of FPT’s more than 1,000 global customers still rely heavily on outdated legacy systems, which require around 500,000 developers to maintain daily. These systems not only require substantial costs, but are also prone to errors, security vulnerabilities and lack of flexibility. Such challenges hamper businesses amid rapid technological advancements and unpredictable market developments. These require a holistic approach to modernization, which FPT addresses with its end-to-end services and solutions.

“Today, FPT provides best-in-class end-to-end service offerings that cover every phase of the existing mainframe lifecycle: from mainframe maintenance to managed services, including application managed services, managed infrastructure, managed cloud services, security, verification. and testing,” Tuan said. He added that FPT also supports upgrading existing systems to enable more efficient modernization.

AI: the solution to the challenges of existing systems

With AI being the key driver of FPT’s strategic direction, the company has integrated the latest AI innovations into the modernization of its global customers. AI enables a comprehensive understanding of these systems through evaluation, reading source codes (code generation), applying redocumentation and restoration engineering, rearchitecting and rewriting, validating and system verification, as well as testing and verification. This ensures that the results of the modernized system remain consistent with those of the existing system. Additionally, AI automates system migration processes, improving efficiency and accuracy.

To drive this transformation, FPT has invested in AI-based tools, such as EMT (Engineering Platform and Modernization Technologies), xMainframe and CodeVista. These technologies allow new team members to quickly become familiar with existing systems and technologies, allowing them to contribute effectively to projects in a short period of time.

Using xMainframe, FPT can reduce project integration time by 30% while maintaining accuracy of up to 90%. Tuan cited an example where data automation through xMainframe went from a monthly cycle to a weekly cycle, significantly improving efficiency.

Meanwhile, CodeVista acts as a productivity-enhancing tool for developers, increasing efficiency by up to 30%. Over the past year, CodeVista generated 1.5 million lines of code, saving approximately 6,000 man-months on real projects. With the advent of next-generation AI, such as GenAI, these results are expected to increase further.

FPT’s mission is to enable businesses around the world to confidently meet the challenges of modernizing existing systems. By supporting international customers on their modernization journey, making modernization plans more realistic, improving the agility and efficiency of businesses and operations, and providing greater customer confidence. FPT ensures successful implementation while aligning businesses with market demands and preparing them for the future.

About FPT

FPT Corporation (FPT) is a leading global technology and IT services provider headquartered in Vietnam. FPT operates in three main sectors: technology, telecommunications and education. Over more than three decades of development, FPT has consistently provided practical and effective products to millions of people and tens of thousands of commercial and non-commercial organizations around the world, establishing Vietnam’s position on the map global technology. By following the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions and platforms, which enables sustainable growth for organizations and businesses and delivers distinctive experiences to customers . In 2023, FPT reported total revenue of $2.17 billion and more than 48,000 employees. For more information, please visit

Media:

Mai Duong (Mrs)

FPT company

FPT Software PR Manager

[email protected]

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