Vietnamese IT firm KMS Technology to expand in Asia

Wednesday, Jan 23, 2019 19:00

KMS Technology’s office in HCM City. — Photo courtesy of KMS Technology

KMS Technology, a Vietnamese outsourcing and software development company focused on the US, will expand into Asian market, with Viet Nam being the focus.

KMS Technology has launched several software products that are widely recognised and used around the world.

QASymphony received an investment of US$40 million in 2017, then merged with Tricentis and went on to achieve Unicorn status in Europe last year.

Another product developed by KMS’s engineers, Kobiton, secured $3 million in seed funding from Kinetic venture capital, while Katalon has nearly 35,000 global enterprise users.

“With the success of QASymphony, KMS is confident and eager to develop the next software and deliver quality made-in-Vietnam tech products to the global market,” Lam Quoc Vu, founder and global CEO of KMS Technology, said.

The company aims to achieve growth of more than 20 per cent over the next four years.

KMS will consult and providing solutions for data analysis, supply chain management and software quality management, targeting mid-level companies in Viet Nam before moving to other promising markets in Asia.

It is poised to launch a new product for human resource management this year.

The company hopes to contribute to the further growth of Vietnamese engineers and programmers and raise the profile of the country’s IT products and services in the global market.

Besides outsourcing, KMS also does product development, incubation of tech start-ups and IT solutions.

In the 10 years since its incorporation KMS Technology has grown to more than 1,000 staff in Viet Nam and US. — VNS

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