KMS Technology, one of the leading companies of software outsourcing and product development in the US, will expand its business to Asia with Vietnam as its focus.
Starting as a Vietnamese enterprise with a handful of members in 2009, KMS Technology has been focusing on outsourcing and developing software for the US market.
After 10 years, KMS Technology has also launched several “Made in Vietnam” software products that are widely recognised and used around the globe. QASymphony is an example. The product received an investment of $40 million in 2017, then merged with Tricentis and officially began a European startup unicornin 2018.
In addition, other products developed by KMS also saw great success, such as Kobiton, which secured $3 million in seed funding from Kinetic Venture Capital (USA), while Katalon gained nearly 35,000 global enterprise users.
“With the success of QASymphony, KMS is confident and eager to develop the next software, promising to deliver quality ‘Made in Vietnam’ tech products for the global market,” stated Lam Quoc Vu, founder and global CEO of KMS Technology.
As a future business strategy, KMS aims to achieve an average growth rate of over 20 per cent over the next four years. The firm will continue to promote KMS’ strengths in outsourcing and developing software products through enlarging sales efforts in the Australian market.
Moving forward, KMS will expand business in Asia, with Vietnam being the focus. The firm will specialise in consulting and providing solutions for data analysis, supply chain management, and software quality management, targeting mid-market companies in Vietnam, then moving forward to other potential markets across Asia. KMS will also launch a new product for human resource management in 2019.
“Vietnamese and Asian enterprises need technological tools and optimal solutions to enhance competence and support business development. With in-depth experience in technology development for international partners, we believe that we will be able to accompany enterprises in these markets,” said Le Tran Bao Duy, vice director of KMS Services.
With this business strategy, KMS Technology looks forward to providing job opportunities, contributing to the further growth of Vietnamese engineers and programmers, thereby enhancing the IT products and services of Vietnam in the global market.