CMC signed strategic agreement with Approxima witnessed by the Prime Minister of Vietnam
Prime Minister – HE Nguyen Xuan Phuc - witnesses the signing ceremony for cooperation between CMC and Approxima. Photo: Quang Hieu (Government Portal)
With 25 years of establishment and development, CMC Corporation has been providing ICT services for many major partners that are multinational corporations in 21 countries around the world such as: Japan, South Korea, United States, United Kingdom and Singapore. The services include SAP ERP - business management system for Honda Vietnam, AEON IBS and telecommunication services for NTT - Communications, SAMSUNG, AT&T, etc. Especially in the field of SAP implementation consulting, Ciber-CMC (a member of CMC Corporation), is the leading consultant to deploy solutions of enterprise resource planning (ERP) of SAP and consults Dynamics CRM solutions of customer relationship management of Microsoft CRM. With more than 150 leading SAP/Microsoft Dynamics CRM consultants, Ciber-CMC is currently the leading prestigious provider in Vietnam with more than 30% market share of SAP and was honored "SAP's Best Service Partner" (2015), "Top Performance Partner" (2016) by SAP.
Approxima is the leading consultant of SAP solutions in Denmark with many years of experience in consulting and deploying SAP solutions for medium and large businesses. Under the strategic partnership agreement, Approxima will be responsible for expanding business activities of Ciber-CMC and developing European markets such as Scandinavia, Denmark, Germany, Russia, etc. These are the areas where Ciber-CMC is targeted to be the No. 1 SAP solutions provider.
As expected, Approxima will tap into the market of digital transformation services for businesses with a market size of hundreds of millions of dollars, with the goal of achieving revenues of 100 million euros till 2023 between both sides for the European market. Besides that, Approxima will also share its methods and experience to promote Ciber-CMC's growth, support Ciber-CMC to meet requirements of capacity to provide services at international level. This activity is also a part of the "Go Global" strategy of CMC Corporation with the goal of exporting software, services and information technology products to the global market.
Speaking at the signing ceremony in the morning of 20/10/2018 in Denmark, Mr. Lars Damgaard (General Director of Approxima) shared, "The reason we choose Ciber-CMC to deploy SAP solutions in the Nordic market as well as throughout Europe is that we want to increase the power of Approxima to meet the more and more diversified demands for SAP solutions. Ciber-CMC has more than 10 years of experience in providing SAP solutions to the international market. With abundant human resources and the orientation of providing SAP solutions on cloud computing platform of Ciber-CMC, we completely believe in the success of the strategic partnership between CMC and Approxima”.
Mr. Nguyen Trung Chinh - Chairman of Board of Directors/ CEO of CMC and Mr. Lars Damgaard - General Director of Approxima has signed a strategic partnership agreement. Photo: Hong Nhung
Mr. Nguyen Trung Chinh also expresses his optimism for this strategic partnership agreement: "CMC Corporation has a strategic goal of reaching out to the global market with the best Information Technology and Telecommunications products, which meets the world standards. In fact, we have presented in 21 countries, including Japan, South Korea, Singapore, Australia and New Zealand. CMC is expanding its access to international markets such as the United States and Europe. Through the cooperation with Approxima, I truly believe that CMC will make strong progress in the European market. "
About CMC Corporation: CMC is the second largest ICT corporation in Vietnam with more than 25 years of establishment and development. With 12 member companies, joint ventures and research institutes, CMC has affirmed its position in the market of Vietnam and many countries in the world through its main business activities in 4 areas: System Integration, Telecommunications - Internet, Software Services as well as Manufacturing, assembly and distribution of ICT products. In Vietnam, CMC Corporation is known as a reliable and prestigious partner in medium and large ICT projects in the fields of Government, Education, Taxation, Treasury, Customs, Insurance, Electricity, Banking, Finance and Businesses. In fiscal year 2017, total consolidated revenue of the Corporation was 250 million USD , pre-tax profit reached nearly 12 million USD. The Corporation’s goal is that revenue will reach 500 million USD in 2020. |