December 4, 2023

Rikkeisoft Ascends to Top 10 in CIO Review’s 2023 Most Promising IT Services Companies

Rikkeisoft, a trailblazer in software engineering and IT services, has been recognized as one of the Top 10 most promising IT services companies in 2023 by CIO Review, a prestigious U.S. tech magazine esteemed by C-level executives globally. This accolade underscores the Vietnamese company’s rapid ascent in the international tech arena and its significant contributions to the evolving digital landscape.

Vietnam’s dramatic transformation into a dynamic, tech-savvy nation is epitomized by Rikkeisoft. Rising like a phoenix, the country now stands as a robust center for science and technology, marked by its swift adaptation to the digital economy and the demands of Industry 4.0. With the support of global tech giants such as Samsung and Apple, Vietnam is making its mark on the world stage, offering a wide array of tech solutions and services that are bolstering its economy.

At the heart of this transformation is Rikkeisoft. As the largest private technology enterprise in Vietnam, the company has a significant presence in the U.S. market. Rikkeisoft excels in crafting enduring software solutions and accelerating digital transformation across various sectors, including finance, healthcare, automotive, retail, e-commerce, logistics, and manufacturing. With a strategic plan to invest up to $30 million in the U.S. by 2026, Rikkeisoft is not only expanding its footprint but also reinforcing its commitment to tech human resource development, infrastructure expansion, and mergers and acquisitions.

Rikkeisoft’s range of services is as diverse as it is innovative. The company excels in enterprise software development, mobile app creation, managed services, system migration, quality assurance, and the modernization of legacy systems. At the cutting edge of technology, Rikkeisoft employs Cloud & DevSecOps, AI, IoT, and RPA to transform business processes, reducing costs by up to 70% through streamlined operations and efficient resource utilization. This has led to a remarkable compound annual growth rate (CAGR) of 48 percent over the last five years.

Tung Bui, Senior Executive Vice President of Rikkeisoft and CEO of RKTech, highlights the strategic advantage of Vietnam’s time zone for U.S. businesses, offering 24/7 system availability and uninterrupted operations. The company’s global presence spans 10 countries, including Japan, the U.S., Thailand, and Vietnam, making it a versatile partner for businesses in the U.S., Europe, and the Asia-Pacific region.

Rikkeisoft’s prowess is exemplified through its collaboration with a large global financial asset management company based in New York. The company successfully upgraded the client’s enterprise data warehouse, streamlined data management, and developed an in-house system that saved $4 million annually. These achievements reflect the company’s ability to optimize critical systems and significantly reduce IT operational budgets.

In 2023, the IT services industry has seen significant trends, notably integrating AI and automation into its landscape, shaping its trajectory. This involves leveraging AI algorithms for predictive analytics, machine learning models for pattern recognition and automation tools for streamlining routine tasks.  

Rikkeisoft’s success is powered by a team of over 1600 professionals and a Board of Advisors comprising former C-level executives from globally renowned firms. This expertise has led to collaborative partnerships with more than 500 clients featured in the Forbes Global 2000 roster, encompassing over 1000 projects. The company’s strategy, as shared by Tung Bui, is to lead in increasing business productivity using advanced cloud-native tools, robotics, and generative AI capabilities.

With Vietnam poised to become a leading destination for global enterprises, Rikkeisoft’s recognition by CIO Review not only cements its status as a premier software engineering provider but also highlights its pivotal role in Vietnam’s rise as a tech powerhouse.

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