Digitization must enable new value creation for customers in BFSI market, delivering on expectations across the value chain.
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Digital Transformation in BFSI
How We Made It?
Wondering how we turn technology into practical values for businesses? Explore the success stories here!
25 Nov 2024
T Dao
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That is how NTQ Solution’s Brand Manager, Ms. Trang Nguyen, outlined the importance of international partnerships during her presentation at the Vietnam – Korea Digital Forum. In her speech, Trang highlighted how global collaboration transcends being a mere strategy to become a crucial driver for sustainable growth in today’s interconnected world.
NTQ Solution, a leading IT service provider in Vietnam, has grown significantly since its founding in 2011. From a humble team of five, the company now boasts over 1,300 employees operating in more than 20 countries. Its Seoul office plays a vital role in connecting Korean businesses with global IT expertise and technology. NTQ’s focus on collaboration has helped over 350 clients, including major Korean corporations, tackle industry-specific challenges and achieve new milestones.
As one of the world’s most dynamic economies, South Korea faces growing competition, talent shortages, and geopolitical risks. Companies need to adopt advanced technologies, and diversify supply chains to scale at both global & domestic levels. However, expanding internationally brings challenges, such as cultural adaptation and regulatory complexities.
Trang emphasized that NTQ’s Global Collaboration framework is designed to address these challenges. By leveraging a vast international network and deep expertise, NTQ empowers Korean businesses to navigate local and global complexities, reduce risks, and unlock new opportunities.
Central to this strategy is NTQ’s proprietary AI ecosystem, NxUniverse, which supports seamless cross-border collaboration. Tools like NxChat, for improving customer engagement, and NxDev, an AI assistant for software development, enable businesses to enhance operational efficiency. NxTrans, an AI-powered translation tool, bridges language gaps in IT projects, while NxKMS ensures secure knowledge transfer. These technologies allow Korean businesses to integrate global capabilities smoothly into their operations. Recognized globally, NxUniverse helps businesses streamline processes while protecting intellectual property.
NTQ’s collaborative approach has delivered transformative results for its partners. For instance, a leading beauty company has successfully expanded into markets like the US and Hong Kong with NTQ’s support. Another example is a large financial company that leveraged NTQ’s expertise to enter Japan and the US, while accelerated its digital transformation efforts. These success stories reflect NTQ’s ability to blend local market insights with global expertise, delivering tangible outcomes for its clients.
The Global Collaboration model not only empowers NTQ’s clients to scale their operations and penetrate new markets but also provides NTQ with valuable opportunities for further development. By collaborating with diverse partners, NTQ enhances its expertise, expands its global reach, and innovates solutions tailored to market-specific challenges. Together with its clients, NTQ is building a mutually beneficial ecosystem that drives long-term growth, fosters innovation, and creates a lasting impact on the global business landscape.
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