Sumitomo Corporation and Rikkeisoft Corporation enter strategic partnership

November 29, 2024 - 10:17
In its first Vietnamese collaboration, Sumitomo Corporation has signed a partnership with Rikkeisoft Corporation aimed at mutual business growth.

 

Sumitomo Corporation and Rikkeisoft Corporation signed the strategic partnership. Photo courtesy of Rikkeisoft

HÀ NỘI — Sumitomo Corporation and Rikkeisoft Corporation have signed a strategic partnership agreement aimed at fostering mutual business growth and creating synergies.

The agreement underscores Sumitomo Corporation’s recognition of Rikkeisoft’s capabilities and promising growth trajectory. Sumitomo Corporation - a Fortune Global 500 company - is confident that Rikkeisoft - a premier technology services provider - will support its business transformation by leveraging strengths to drive growth and accelerating new opportunities.

Rikkeisoft, aspiring to become the first Vietnamese technology company listed on Nasdaq/NYSE, believes the partnership will enable both companies to provide comprehensive, end-to-end IT services on a global scale. 

Together, the companies will deliver a full range of technology solutions, including consultancy, requirement definition, system design, quality assurance, implementation and maintenance for clients worldwide.   

This partnership marks Sumitomo Corporation's inaugural collaboration with a Vietnamese IT enterprise. The multi-billion-dollar conglomerate has a proven track record of implementing key projects across various sectors, including manufacturing and industrial development. 

Outside of Japan, Sumitomo Corporation operates in 65 countries with strong footprints in the US and APAC regions. This strategic partnership opens new avenues for Rikkeisoft to collaborate on digital and green transformation initiatives globally.   

Since its establishment in 2012, Rikkeisoft has pursued a 'Go Global' strategy, steadily expanding into new markets. In 2023, the company launched RKTech America Corporation, its US subsidiary, headquartered in Plano, Texas. This expansion aims to deliver high-quality, comprehensive IT solutions and services tailored to the needs of American businesses, further strengthening Rikkeisoft's global presence.  

In the APAC region, Rikkeisoft currently serves hundreds of clients across Japan, Singapore, Thailand, South Korea and beyond. To meet the growing demand for service solutions and skilled talent in digital transformation, the company has established multiple representative offices in the region, including its most recent office in South Korea in 2024.  

Executive Officer, General Manager of Digital Strategy Division (Sumitomo Corporation) Shunichi Aramaki, said: “Rikkeisoft’s commitment to building trusted relationships with clients aligns well with Sumitomo Corporation's values and Rikkeisoft’s agile and flexible development framework closely meets the DX needs of our clients and group companies.

"By combining Sumitomo Corporation’s global network and industry expertise with Rikkeisoft’s cross-border development experience, we aim to create synergies that support growth and innovation for both companies”.  

Chairman of Rikkeisoft Tạ Sơn Tùng said: “By leveraging Sumitomo Corporation's global network and financial resources, we aim to provide our IT solutions to companies worldwide and expand our market. This partnership with Sumitomo Corporation is vital in enhancing IT co-operation between Việt Nam and global markets, promoting digital transformation”. — VNS

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