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CMC Corporation signs strategic agreement with Danish partner

Released at: 10:58, 22/10/2018

CMC Corporation signs strategic agreement with Danish partner

Photo: chinhphu.vn

Signing ceremony witnessed by Vietnamese and Danish Prime Ministers.

by Minh Do

The CMC Corporation signed a strategic cooperation agreement with Denmark’s Approxima on October 20, within the framework of the Vietnam-Denmark Business Forum at the headquarters of the Confederation of Danish Industry (DI) and witnessed by Prime Minister Nguyen Xuan Phuc and Danish Prime Minister Lars Løkke Rasmussen.

“The reason we chose Ciber-CMC to deploy SAP solutions in the Nordic market as well as throughout Europe is because we want to increase the power of Approxima to meet the ever-increasing demand for SAP solutions,” Mr. Lars Damgaard, Partner and Director of Approxima, told the signing ceremony. “Ciber-CMC has more than ten years of experience in providing SAP solutions to the international market. With abundant human resources and a direction of delivering SAP solutions on the cloud computing platform of Ciber-CMC, we fully believe in the success of the strategic partnership between CMC and Approxima.”

“The CMC Corporation has a strategic goal of reaching out to the global market with the best IT and telecommunications products that meet world standards,” said Mr. Nguyen Trung Chinh, Chairman and CEO of CMC Corporation. “In fact, we are present in 21 countries, including Japan, South Korea, Singapore, Australia, and New Zealand, and we are expanding to international markets like the US and Europe. Through this cooperation with Approxima, we are confident that CMC will make a strong move in the European market, including Denmark.”
With 25 years of development, CMC Corporation has been providing ICT products and services for major partners from multinational corporations in 21 countries and consulted and implemented SAP Hana ERP system for Honda, AEON, and IBS and provided telecommunications services for NTT Communications, Samsung, and AT&T.

Ciber-CMC (a member company of CMC Corporation) is currently the leading consultant in implementing SAP’s enterprise resource planning (ERP) solution and Microsoft Dynamics’ CRM customer relationship management consulting solution. With more than 150 leading SAP & Microsoft Dynamics CRM consultants, Ciber-CMC is the most trustworthy provider in Vietnam, with a more than 30 per cent market share of SAP, and has been honored as “SAP’s Best Service Partner” in 2015, and “Top Performance Partner” of SAP in 2016.

Approxima is a leading SAP consultant in Denmark with many years of experience in consulting and deploying SAP solutions for medium and large organizations. Under the strategic cooperation agreement, Approxima will be responsible for expanding CMC’s business in European markets such as Scandinavia, Germany and Russia, which are areas where Ciber-CMC is aiming for the No.1 position in the provision of SAP solutions.

It is expected to tap into the digital convergence market for businesses with a market size of hundreds of millions of dollars, aiming to reach 100 million euros ($115 million) from the European market in 2023.

Approxima will also share its methods and experience to promote Ciber-CMC’s growth, supporting Ciber-CMC to meet international capacity requirements in service delivery. This also matches CMC’s “Go Global” strategy with the goal of exporting software and ICT services and products to the global market.

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