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Konica Minolta establishes a subsidiary for MFP software development in Vietnam

September 17, 2024

Konica Minolta, Inc. (Konica Minolta) announced that the company established KONICA MINOLTA FPT Solution Labs Vietnam Co., Ltd., in Vietnam, as a wholly owned subsidiary of KONICA MINOLTA FPT Solution Labs, Inc., a joint venture with FPT Japan Holdings Co., Ltd. (FPT Japan).

KONICA MINOLTA FPT Solution Labs was established in April 2024 to optimise MFP software development and maintain and improve the company’s ability to offer value to customers. The subsidiary has been established in Vietnam as a development hub specifically to realise this vision.

As the use of AI and implementation of Digital Transformation has become the norm, the skills required of IT professionals, including software developers, and their work environments have changed dramatically. Konica Minolta explained that the challenge is how to properly retain professionals. To meet the needs of various customers and maintain business operations, a system is required to pass on skills and know-how to the next generation of developers, who are highly capable and reliable, and to create new value globally.

Konica Minolta said it aims to further strengthen the base of the Office Business, which is positioned as a “profit-maintaining business” in the Medium-term Business Plan, and ensure stable profitability by fully leveraging the development resources of FPT Software, a global IT company headquartered in Vietnam with presence in 30 countries.

KONICA MINOLTA FPT Solution Labs Vietnam Co., Ltd. undertakes software development from KONICA MINOLTA FPT Solution Labs, Inc. Professionals sent from Konica Minolta and FPT Software are responsible for the upstream process and project management of the software development by the subsidiary, to identify and accumulate technology assets.

The joint development will involve close coordination and take full advantage of Konica Minolta’s offshore development base within FPT Software’s development resources, the company said.

Categories : Around the Industry

Tags : Business Konica Minolta MFP Software Software Development Subsidiary

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