The Investigators 12/2007

In Vietnam’s IT development progress, developing and producing practical software to manage business is a direction encouraged by the government. It is considered a potentially efficient and high growth rate industry. With such trends, especially in Ho Chi Minh City, Worldsoft Corporation is known as one of the professional providers for high-tech integrated software in a variety of areas, such as manufacturing, trading, import/export, services, administration, hotel, and school management, all with strong recommendations from clients.

Officially established in 2002, Worldsoft’s activities focus on software development and outsourcing, e-commerce systems development, and software products/solutions consulting to assist enterprises with computerizing management knowledge, reducing costs and improving competitive competence.  In addition to that, Worldsoft provides complete IT solutions for international partners in US, European & Asia markets, especially in Japan.  With a highly compatible and dynamic business strategy, Worldsoft is acknowledged to be one of the first IT companies in Vietnam to exceedingly satisfy needs and demands from clients and partners.

“The development of the IT industry is unlimited, because it is the process of inheriting, improving and integrating applications that are suitable to each country’s management context.” said Ai Huu Nguyen, Worldsoft Executive President, CEO.  Mr. Huu emphasized that Worldsoft’s ERP product is a web-based system.  It is an integrative system in every true sense that it covers each part of the enterprise’s management activities, including Human Resources, Marketing, Sales, Resource Planning, Supply, and Customers, through which enterprises can operate, plan and use its resources in the most effective way.  It is a system that allows managers to keep track and manage the enterprise’s business activities wherever they are.  With ERP-Worldsoft, every resource utilized by the enterprise is thoroughly covered, planned and used.  ERP application is the trend of applying IT solutions to management processes in enterprises, and has become extremely popular in the world, especially in the US and other developed countries.

Besides software products for the enterprise sector, Worldsoft has also developed a web-based software solution for the government sector.  One instance of this is the Administrative Renovation product, which has been successfully deployed at the Internal Affairs Division of Binh Thuan province.  With many successful deployment projects, Worldsoft is proud of its clients’ trust and respect towards its special products.

While it is not easy to develop and produce software solutions in Vietnam, as there are a lot of obstacles in language, organizational and management skills, Worldsoft has had significant success in overcoming such obstacles to develop and train a professional management staff as well as a competent IT developer team to build high quality and competitive software products.

With over 15 years experience in researching and developing software, and qualified with his B.S. in computer science and B.E. in electronic engineering from the Polytechnic University of Ho Chi Minh City, President and CEO Huu claims: “Currently, Vietnam is a nation with a high rate of social-economic growth – it is the second fastest growing economy in Asia, to which IT industry has had a significant contribution.” Mr. Huu believes that 94% of Vietnamese software products reach the competitive technical level.  These are good points to persuade people with, as the enthusiasm of young IT workers could be one of the best answers to software development demands and challenges. “Software outsourcing in Vietnam is currently 90% lower in cost than the US market, 25% lower than in China, and is 12 to 30% of the estimated cost in India. Per developed software per capita, it is believed that investing in software outsourcing in Vietnam helps save an additional 50% on the cost of outsourcing to India.” – pointed out Huu, implying that software development projects in Vietnam have well met, or even exceeded, expectations for global competitiveness in the IT industry, wherein Worldsoft has had its own contribution.

According to Mr. Huu, since it was established, Worldsoft’s products have been mostly sold to American and European enterprises.  After researching the trends of the IT market, he realized that Vietnamese enterprises were spending a large portion of their budgets on buying ERP software from foreign providers like SAP and Oracle.  Since then, Mr. Huu and his enthusiastic colleagues have been researching and developing a great integrative system named ERP-Worldsoft that is suitable to the specific business management model of Vietnamese enterprises, yet offered at a low cost to assist clients in gaining practical investment effectiveness. And that is what he calls “a Vietnamese solution for Vietnamese people”.

The above success started from the strategic vision of the Board of Directors.  Members of the Board of Directors, the President, and the company’s management staff are all people with rich experiences in working, teaching, running businesses and developing software for a number of years in the US.  Adding to that, the project managers and team leaders are professionals who were qualified through training and have worked in the US.  The company’s developer teams are also competent and experienced through their work with different projects.  Worldsoft applies a system of advanced software production processes which are currently popular in the US in the practical context, such as: Total Quality Management (TQM), Matrix Organization, and PERT/CPM model.  “We assign management responsibilities onto the right talented and experienced staff.  Worldsoft uses C++, JAVA, VB.NET, ASP.NET, C#, Oracle, … and many other advanced technologies to develop competitive software products with high quality, low cost and the best customer support.” – said Mr. Huu.

From its hard efforts and achievements, Worldsoft has built up its reputation within a very short time.  And not satisfied with the available applications on the market, Worldsoft is continually directing its energies into researching and producing new technology solutions in response to customers’ needs and demands, as well as developing towards emerging technology trends in the future, such as Voice over Internet Protocol (VoIP), mobile phone applications, wireless applications, stock price analysis software, and 3D application deployment. The company understands that success only comes to people who face and conquer challenges.

Worldsoft’s developers are trained through high tech programs compiled by a group of professors and doctorate scholars at New York University, USA. In addition, Worldsoft’s developers have a good chance at joining in large projects under the supervision of world class experts in IT and computer science.  These experts are experienced with systems knowledge and their software experiences have contributed in developing large-sized software products in many well-known companies in the US, such as SUN, CISCO, SITA, and AMS.  Along with this, Worldsoft has hosted a variety of workshops to provide support to Vietnamese oversea students in computer science, as well as different workshops on IT in Ho Chi Minh City. Mr. Huu believes that the current period of international integration offers a great opportunity for Worldsoft to develop and promote its trademark, expand the market, and strive to be one of the leading IT companies in Vietnam that provide globally competitive products and solutions.

“There are always perfect solutions for complex problems.  We commit the highest effectiveness and lowest cost for Worldsoft’s software applications.  Every effort is to bring success to our clients, through which we achieve our own success.  In every way, our clients’ success is Worldsoft’s success.” – emphasized Mr. Huu.
 

By Huu Loi.