- Memorandum of Understanding aims to empower Vingroup to create new opportunities and build an ecosystem of quality products and services.
- Vingroup will use Dassault Systèmes 3DEXPERIENCE platform to innovate business processes, optimize production & supply chains, and improve customer experience.
- The Memorandum of Understanding includes 7 projects, focusing immediately on VinFast, VinSmart,and Vinhomes.
Vingroup and Dassault Systèmes signed a Memorandum of Understanding (MoU) to accelerate Vingroup’s innovation by bringing together aspects of its business in a single digital platform. Under the agreement, Vingroup will leverage the 3DEXPERIENCE platform in the fields of industrial transformation (VinFast and VinSmart), and construction transformation (Vinhomes).
The 3DEXPERIENCE platform enables the creation of virtual twins that simulate products, processes and operations. As a result, businesses can design, and test consumer experiences, from ideation to market delivery, before actual production. The 3DEXPERIENCE platform allows businesses to become “platform companies”, transforming from disparate disciplines to ecosystems, by connecting people, ideas, and data in a single collaborative environment.
By leveraging the virtual world to foster innovation, the 3DEXPERIENCE platform enables companies to improve the performance and speed of product development, quality management and regulatory processes, thus, saving time, cost and creating more enriching experiences for users.
VinFast will use the 3DEXPERIENCE platform to manage production processes, supply chain, and develop strategies for electric vehicles.
The 3DEXPERIENCE platform will enable VinSmart to speed up product design processes, achieve and sustain operational excellence through digital continuity.
Vinhomes will also use the 3DEXPERIENCE platform for construction planning, project execution, and portfolio planning.
“Dassault Systèmes endeavors to build the foundation for Vingroup’s digital transformation through the 3DEXPERIENCE platform. We are honored to have partnered with VinFast and VinSmart to optimize their performance and speed in bringing new products to the market. This opportunity allowed us to understand Vingroup’s aspiration to reach the world. We are pleased to work together with Vingroup to support the successful implementation of the 3DEXPERIENCE platform, to achieve their business goals,” said Samson Khaou, Executive Vice President, Asia Pacific, Dassault Systèmes.
“In 2018, Vingroup announced their key investment strategy in the Technology-Industry sector. In today’s MoU signing ceremony, we look forward to leveraging Dassault Systèmes’ technology and experience in order to pioneer in each of our business areas and be more precise and quicker, especially in the post-COVID-19 period. ” Mr. Nguyen Viet Quang – Vice Chairman and CEO of Vingroup said.
This Memorandum with Dassault Systèmes can be seen as an important stepping stone for Vingroup to leverage the most advanced technology, thereby optimizing the capacity to deploy products, services, systems and enhance the experience for their consumers.