The project aims to elevate Dat Bike's management capabilities and accelerate its development towards the goal of "greening" transportation and becoming one of the leading electric motorcycle manufacturers in Southeast Asia.
Representatives from FPT IS and Dat Bike at the signing ceremony for the SAP S/4HANA public cloud project |
The SAP S/4HANA public cloud project is an enterprise resources planning (ERP) SaaS (software-as-a-service) solution that allows customers to operate the system on SAP's shared cloud platform, saving up to 50 per cent in costs and 99.7 per cent in operational time. The solution is also recognised in top rankings by Gartner, Forrester, and IDC and has become one of the leading operational management technology choices across various industries.
Choosing SAP S/4HANA in the public cloud model is relatively new for businesses in Vietnam. This solution was introduced to the Vietnamese market by SAP- the world’s leading provider of business software, and FPT IS in 2023, expected to set a new trend for flexible ERP investment for Vietnamese enterprises.
This project is considered a pioneering endeavour in enterprise management using the SAP S/4HANA public cloud solution within the electric motorcycle manufacturing and business sector, implemented by FPT IS in Vietnam.
At the signing ceremony, Pham Duc Nam Trung, CFO of Dat Bike said, "Dat Bike is on a growth acceleration journey with goals for production development and market expansion. We believe and expect that the SAP S/4HANA Public Cloud project will enhance Dat Bike's business management efficiency by quickly applying international standard management processes. Secondly, it will support Dat Bike in upgrading management and reporting standards, allowing us to expand our market to other countries in the region and elevate the company's position internationally."
Dang Truong Thach, deputy CEO of FPT IS, added, “The SAP public cloud project for Dat Bike is significant, marking the pioneering effort of an electric motorcycle enterprise in ERP implementation by FPT IS. As the highest-level partner of SAP, with specialised ERP deployment capabilities accumulated across various sectors, FPT IS is proud to understand management issues in each industry and is committed to partnering with Dat Bike to operate the system efficiently and intelligently, accelerating business growth."
"I believe this project will also inspire many other businesses to decisively invest in standardised management to accelerate business with the flexible, cost-optimised, and quickly deployable public cloud model.”
Representatives from SAP Vietnam, Dat Bike, and FPT IS at the event |
The launch of the SAP S/4HANA public cloud project between Dat Bike and FPT IS marks a significant milestone, promising sustainable value for both parties and the community. The project is expected to be a catalyst for Dat Bike’s strong future development and open up new cooperation opportunities in technology and enterprise management with FPT IS.
Nguyen Hong Viet, general director of SAP Vietnam said, "We are very proud to have the opportunity to collaborate with Vietnamese businesses in the electric motorcycle manufacturing sector, indirectly contributing to environmental greening. With the challenge of completing massive workloads in a short time and a lean workforce, SAP believes that FPT IS, with its extensive project deployment experience, will bring the SAP S/4HANA public cloud solution to Dat Bike in the shortest time possible. By applying the SAP S/4HANA Public Cloud solution, Dat Bike will have a world-standard technology foundation data system, aiming for quality and standardised operational management, helping the company’s business develop efficiently and sustainably."
Founded in 2019, Dat Bike specialises in manufacturing electric motorcycles with the goal of transforming the motorcycle market from petrol to electric. Dat Bike aspires to become a leading Vietnamese electric motorcycle manufacturer in the Southeast Asian market, valued at $8 billion in Vietnam and $25 billion in the region.
Following the launch of the Quantum scooter line at the end of 2023, Dat Bike recorded a 10-fold increase in monthly sales compared to before. Additionally, the electric two-wheeler industry in Vietnam has consistently grown by over 30 per cent annually. With such rapid growth, Dat Bike requires a robust enterprise management technology platform to meet business demands and expand its market.
With a strategic vision for business and technology, and consulting from FPT IS, Dat Bike's leadership decided to invest in and choose the SAP S/4HANA Public Cloud solution. This decision enables Dat Bike to apply a globally standardised management platform, optimally deployed through cloud technology.
The project was agreed upon and executed within just three months. Given the company's comprehensive operations from production to sales distribution but with a small workforce, the digital transformation journey alongside rapid growth makes the implementation of SAP S/4HANA public cloud a significant milestone. It allows Dat Bike to maintain lean staffing while ensuring efficient operations and effective management.
Specifically, FPT IS will implement the solution for Dat Bike across multiple systems from production to distribution and sales on an enterprise-wide scale, both within Vietnam and Southeast Asia. The solution will encompass modules including sales, sourcing and procurement, supply chain, manufacturing, finance, integration to e-invoices, and quality management.
The application of SAP S/4HANA public cloud will enable Dat Bike to update real-time reports and produce financial statements that comply with both Vietnamese and international accounting standards, attracting both domestic and international partners. This is a crucial foundation for the company's rapid, synchronised, and sustainable development.
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