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PadiTech At The Better Choice Award 2024
Since 2017, PadiTech has invested in the research and development of AI and Blockchain applications to become a “Brand of innovative solutions for users and businesses,” contributing to the enhancement of life quality and driving national growth.
This achievement is a testament to PadiTech’s relentless efforts in developing cutting-edge technological solutions that cater to the real-world demands of the market.
Simple Docs Pro IDP – A Breakthrough in Document Digitization
The product honored on this occasion is Simple Docs Pro IDP, an intelligent document digitization platform. By automating the document processing workflow—from recognition and data extraction to classification and storage—Simple Docs Pro IDP has revolutionized document management, enabling organizations to save time, reduce errors, and significantly boost operational efficiency.
A Comprehensive Solution for Digital Transformation
In the context of the Fourth Industrial Revolution, digital transformation has become an inevitable trend. This product not only assists organizations in digitizing vast backlogs of documents but also builds a modern document management system that meets international standards.
Affirming a Pioneering Position
Winning the Better Choice Award 2024 marks a pivotal milestone, highlighting PadiTech’s accomplishments over the years. It further solidifies PadiTech’s position as one of the pioneering enterprises in innovation within Vietnam.
Listening and Responding to Market Needs
PadiTech’s success stems not only from its talented and experienced team but also from its constant attentiveness to the market’s practical needs. PadiTech understands that only by thoroughly understanding its customers and partners can it create truly valuable products and services.
A Vision for the Future
Despite its past successes, PadiTech continues to strive for improvement and growth. Looking ahead, PadiTech will persist in investing in research and development of new technologies, aiming to provide even more comprehensive solutions for its clients.
The Better Choice Award 2024 is a well-deserved recognition of PadiTech’s contributions to the development of Vietnam’s IT industry. Currently, PadiTech is home to 300 talented engineers, working across four branches in Hanoi, Ho Chi Minh City, Japan, and Singapore, serving over 1,000 clients. In every market it enters, PadiTech is consistently voted as a top software development partner, playing a vital role in enhancing the competitiveness of Vietnam’s technology sector, particularly in the fields of AI and Blockchain.
Mai The Tai, CEO of PadiTech: “We need a realistic perspective on AI’s capabilities”
Mai The Tai, CEO of PadiTech—one of Vietnam’s top 10 AI companies—offers profound and pragmatic insights into the present and future of AI technology.
PadiTech is a familiar name within Vietnam’s tech community, especially in the fields of Blockchain and AI (Artificial Intelligence). Recently, PadiTech was honored as one of the top 10 AI companies in Vietnam by VINASA (Vietnam Software and IT Services Association). Prior to this, in 2023, PadiTech also achieved recognition as one of the “Top 10 Blockchain Enterprises” from VINASA.
These accolades not only affirm Paditech’s stature in the technology sector but also underscore its commitment to contributing to Vietnam’s digital economy and the broader region. PadiTech has implemented numerous platforms for clients, such as Signal Pro View, Simple Docs Pro-IDP (Intelligent Document Processing), and Metafe.
In the face of two opposing viewpoints—”This is the era of AI” versus “The AI bubble is bursting”—Mai Thế Tài believes that AI is not merely a bubble, but a major technological wave in the process of maturing.
According to him, the world is at the dawn of a technological revolution, and the current challenges are merely stepping stones for AI’s future growth.
“However, it’s important to acknowledge that some overly optimistic expectations about AI’s short-term potential may lead to the perception of an ‘AI bubble’ when certain projects or products don’t meet expectations. This is a natural part of the technology development cycle, similar to what we saw with the Internet in the early 2000s,” the CEO explained.
Mai Thế Tài further elaborated: “AI is a groundbreaking technology that will continue to evolve. While there may be periods of adjustment, the long-term potential of AI is undeniable. We need a realistic understanding of AI’s current capabilities and focus on applying it in areas where it can deliver real value, rather than viewing it as a panacea for all problems. Investing in research and development is key to fostering genuine breakthroughs in the future, and the combination of advanced research with real market needs will be the cornerstone for sustainable AI growth.”
PadiTech’s work environment blends the skills, flexibility, and creativity of the Vietnamese with the responsibility, discipline, and professionalism of the Japanese.
To achieve these goals, Paditech plans to significantly boost its R&D budget to 25% of annual revenue, while also expanding both the quantity and quality of its workforce. The company will diversify its product portfolio, strengthen strategic partnerships with Vietnam’s five largest tech companies and the top 10 universities domestically and regionally, integrate AI into internal processes, invest in advanced security systems, and adopt international security standards like ISO 27001.
As a passionate technologist and firm believer in Vietnam’s potential, Mai Thế Tài emphasizes that the true power of technology lies in its ability to improve human lives and society.
“Don’t shy away from challenges, keep learning, constantly innovate, and most importantly, dream big. You are the ones who will shape the future of Vietnam’s technology. Let’s explore, learn, and apply technology responsibly to build a brighter future for all of us,” he urged young tech enthusiasts.
PadiTech’s 10-Year Journey to the Peak of Technology
Founded in 2014, PadiTech has focused on AI research and development, emerging as a leading IT enterprise in Vietnam.
The First Steps
PadiTech aims to become a pioneer in applying AI and Blockchain to business development. In 2017, the Signal Pro View platform was launched, generating 40 billion VND in revenue and marking a significant turning point in PadiTech’s technological journey. Padi-AI specializes in analyzing stock market and cryptocurrency trends, helping investors and financial institutions make more informed decisions.
Progress on the Journey
Not only applying AI, PadiTech also explores the potential of combining AI and Blockchain, which has made it one of the prominent names in the wave of Industry 4.0 technology. The company has developed notable products such as chatbots, image recognition systems, voicebots that help businesses automate customer service, e-KYC (electronic identity verification), document analysis and processing, virtual MCs—innovating digital communication—and AI-HUB, which connects intelligent AI solutions, alongside 10 other solutions.
Recognition as a Top 10 AI & Blockchain Enterprise
During the Covid-19 pandemic, PadiTech invested 25% of its revenue into developing Simple Docs Pro IDP (Intelligent Document Processing), a document digitization platform that supports organizations in their digital transformation processes. This is evidence of the company’s capability to apply technology in practical use and its pioneering role.
Becoming a Leader
In the highly competitive technology market, PadiTech has proven its competitive edge. In 2021, the company’s revenue tripled compared to 2019, thanks to the launch of the Real Assistant AI platform, which allows businesses to quickly create chatbots from user and enterprise data, enhancing customer experience. This success has positioned PadiTech as a trend-leading company.
Innovation and the ability to flexibly adapt to market trends are the key differentiators that have continuously earned PadiTech recognition, securing its place in the “Top 10 AI and Blockchain Enterprises in Vietnam” and the “Top 50 Leading IT Enterprises in Vietnam.” The company has also expanded its influence through partnerships with major domestic players such as Viettel, Mobifone, and CMC Telecom, as well as international giants like Rakuten, Samsung, and Webnics Corp, showcasing its global standing.
PadiTech receives the Top 10 AI award.
Challenges and How PadiTech Overcame Them
PadiTech’s path to success was not without challenges, such as the rapid technological changes, competitive pressure from large enterprises, and the difficulty of maintaining a high-quality workforce. However, PadiTech overcame these challenges by constantly recruiting talent, investing in infrastructure, and building a massive data warehouse. For PadiTech, innovation is the key to success. Mai The Tai, CEO of PadiTech, once shared: “We believe that innovation is not just a strategy but also a culture that we pursue every day.”
Vision and Future Direction
In 2024, PadiTech aims to achieve the “Great Place To Work” certification and be among the most favored technology companies in Vietnam. By early 2025, Padi Academy is expected to be established in collaboration with top technology universities such as Polytechnic University and the University of Information Technology. PadiTech plans to research and develop a Blockchain as a Service platform and expand its product portfolio, with a goal of launching five new products each year, expecting a 50% annual revenue growth and reaching 20 million USD by 2027.
With a strong desire to expand into international markets, PadiTech plans to establish a presence in five countries within the APAC region, increasing its R&D budget to 20 billion VND per year to create groundbreaking products. In a world where technology changes daily, only companies that dare to think, innovate, and stay true to their strategic vision can assert their position. For PadiTech, technology is not just a tool but a key to unlocking a better future. We believe that with unwavering ambition, PadiTech will continue to pioneer, lead, and shape new technology trends, not only in Vietnam but worldwide.
PadiTech’s Decade-long Journey of Brand Building
PadiTech achieved revenue of 40 billion VND within its first three years, seizing opportunities to research and develop AI applications, ultimately winning awards in the IT sector after a decade.
Founded in 2014, PadiTech aimed to pioneer the integration of AI and blockchain in business development. In 2017, the Padi-AI platform was launched, generating 40 billion VND in revenue and marking a pivotal milestone in the company’s technological journey. Padi-AI specializes in analyzing stock market and cryptocurrency trends, enabling investors and financial institutions to make more informed decisions.
Milestones Along the Way
In addition to AI applications, PadiTech harnessed the potential of combining this technology with blockchain, becoming one of the standout names in Vietnam’s 4.0 technology wave.
The company has developed numerous products such as chatbots, image recognition, voicebots to help businesses automate customer service, electronic identification, document analysis and processing, as well as virtual MCs – revolutionizing digital communication. Additionally, the AI-HUB connects various intelligent AI solutions, along with 10 other innovative solutions.
During the Covid-19 pandemic, PadiTech invested 25% of its revenue into developing Simple Docs Pro IDP (Intelligent Document Processing), a digital document platform supporting organizations in their digital transformation journey. “This is a testament to our ability to apply technology in practice and our pioneering role,” a company representative emphasized.
Following its success, in 2021, the company’s revenue tripled compared to 2019, thanks to the launch of the Real Assistant AI platform, which allows businesses to swiftly create chatbots from user and business data, enhancing customer experience.
Innovation and Flexibility
PadiTech’s ability to innovate and flexibly adapt to market trends has helped the company continuously achieve milestones in both business and technology. It ranked among the “Top 10 AI and Blockchain Enterprises in Vietnam” in 2023 and 2024, as announced by the Vietnam Software and IT Services Association (VINASA). The company also expanded its influence through partnerships with major domestic players like Viettel, Mobifone, CMC Telecom, and international collaborators including Rakuten, Samsung, and Webnics Corp.
Throughout its 10-year journey, PadiTech faced challenges such as rapid technological changes, competitive pressure from larger enterprises, and the difficulty of maintaining a high-quality workforce. The company overcame these hurdles by continuously recruiting talent, investing in infrastructure, and building an extensive data repository.
“We believe that innovation is not just a strategy but a culture we pursue every day,” asserted Mai Thế Tài, CEO of PadiTech.
Vision and Future Direction
This year, PadiTech aims to earn the “Great Place to Work” certification and be listed among the most favored technology companies in Vietnam. By early 2025, the company plans to establish Padi Academy, collaborating with top technology schools like Hanoi University of Science and Technology.
The business also intends to research and develop a Blockchain as a Service platform while expanding its product portfolio. With plans to launch five new products annually, the company expects revenue to grow by 50% each year and reach 20 million USD by 2027.
Moreover, with aspirations of expanding into international markets, PadiTech aims to establish a presence in five countries within the Asia-Pacific region (APAC), increase its R&D budget to 20 billion VND per year, and produce groundbreaking products.
According to the company representative, in a rapidly evolving tech landscape, only businesses that dare to think big, act boldly, innovate, and remain steadfast in their strategic vision can assert their position. For PadiTech, technology is not only a tool but also the key to unlocking a brighter future.
“We believe that with our relentless ambition, PadiTech will continue to shape new technological trends, both in Vietnam and worldwide,” the representative added.
PadiTech Spreads Warmth and Love This Mid-Autumn Festival
This year’s Mid-Autumn Festival feels somewhat different across Vietnam in general and at PadiTech in particular. Across the country, people are coming together to support the northern communities in overcoming the heavy aftermath caused by floods and storms.
In these challenging moments, PadiTech come to cherish even more the peaceful moments we share, being together, spreading love, and fostering unity.
“Supporting Flood-Affected Communities” Program
At PadiTech, this year’s Mid-Autumn Festival began with a meaningful initiative: “Supporting Flood-Affected Communities.” The entire staff united to contribute and send heartfelt support to the people in the flood-affected regions, with the hope that they will soon overcome these difficult times. These gifts, beyond their material value, carry the spirit of compassion and solidarity that PadiTech’s family holds dear.
“Reunion Mid-Autumn Festival” Program
In addition to this, to strengthen team bonds after long hours of hard work, PadiTech also organized the “Reunion Mid-Autumn Festival,” bringing a joyful and warm atmosphere. Fun collective games became a bridge to bring everyone closer together. The highlight was the traditional fruit tray decoration contest with a Mid-Autumn theme, giving members the chance to showcase their creativity and craftsmanship, while also creating unforgettable moments within the PadiTech family.
This program is not just a celebration, but also a reminder of the importance of unity, collegiality, and the spirit of mutual support. These are the core values that PadiTech continually upholds.
Wishing every member of PadiTech to always maintain the spirit of solidarity and sharing as we move forward together on the journey ahead.
“Decade of Youth”: PadiTech’s 10th Anniversary Gala
The 10th anniversary gala of PadiTech was more than just a ceremony; it was an emotional journey where Padiers reflected on the past and looked forward to a promising future.
An Evening of Emotions and Memories
The gala took place in a vibrant and warm atmosphere, starting with dynamic artistic performances. Padiers came together to enjoy a range of colorful acts. They watched energetic modern dance routines and a play that depicted PadiTech’s 10-year journey of growth and development. The play, “Padi Rides the Wind and Cuts Through the Waves,” made a strong impression. It portrayed the challenges and achievements the company has faced and accomplished over the years.
Talkshow – A Proud 10-Year Journey
A highlight of the evening was the talkshow. The leadership and veteran employees reminisced about memorable experiences. They shared stories of early projects, pioneering steps in technology, and unforgettable moments with colleagues. This segment was crucial to the gala. It helped everyone understand the core values that PadiTech has built over the past decade.
Moments of Appreciation and Recognition
The gala also served as an opportunity for PadiTech to acknowledge the significant contributions of its employees and partners. During the recognition segment, outstanding individuals and teams were honored and presented with meaningful gifts. This was not only a gesture of encouragement but also a heartfelt thank you to everyone who has supported PadiTech along the way.
Looking Towards the Future
The evening concluded with a joyful atmosphere but also set new goals for the future. PadiTech is committed to continuing its efforts and innovation to become one of the leading companies in the technology industry. With the unity, determination, and continuous learning spirit of all employees, we believe that PadiTech will achieve even greater successes in the coming years.
The gala was not just a celebration but also a solid stepping stone for PadiTech to continue soaring higher and further. With pride in our past achievements and a desire to conquer new heights, PadiTech will continue to tackle challenges and succeed in the future.
PadiTech Honored in Vietnam’s Top 50 Leading IT Companies
PadiTech is honored to be recognized among the “Top 50 Leading IT Companies in Vietnam”, marking a significant milestone in our journey of development spanning over a decade. This achievement not only affirms our technological capabilities but also reflects PadiTech’s commitment to delivering high-tech solutions to our clients.
The Stellar Padi Team
This success could not have been achieved without the dedication and hard work of the entire PadiTech team. We want to extend our deepest gratitude to all members of the company, who have worked tirelessly to reach this goal.
The Padi team is not only highly skilled but also filled with enthusiasm and creativity. The employees at PadiTech are driven by a spirit of continuous learning and dedication. They always strive to overcome every challenge. This commitment allows them to deliver the most advanced technological solutions to our clients. Their unity and progressive mindset have enabled PadiTech to achieve many accomplishments. As a result, PadiTech has become one of the leading IT companies in Vietnam.
In addition to high professional skills, our engineers are also proficient in languages such as English and Japanese. About half of our staff have English proficiency equivalent to IELTS scores of 5 to 7 and Japanese proficiency from N1 to N3. They can smoothly handle business operations in both English and Japanese.
PadiTech’s Breakthrough Services
PadiTech provides a wide range of high-quality technology services to meet the diverse needs of our clients. Our main services include:
- AI Development: Offer advanced AI solutions that help optimize business processes, enhance efficiency, and create sustainable value for our clients.
- Blockchain Development: With deep expertise in blockchain technology, we deliver secure, transparent, and efficient solutions for businesses.
- Software Consulting: PadiTech provides professional software consulting services, helping clients build and implement software solutions that align with their business needs and goals.
- Software Outsourcing: We offer custom software development services, enabling businesses to focus on their core activities while we handle the software development.
- Service Design: We design service solutions, including websites, applications, and games, ensuring the best user experience.
Looking Towards the Future
PadiTech views this as a crucial turning point in our journey. With this award, we will continue to focus on enhancing service quality, innovating technology, and creating sustainable value for our clients.
PadiTech is committed to continuing to strive, innovate, and dedicate itself to continuously elevating our position in the information technology industry.
PadiTech – Vietnam’s Pride with the “Top 10 Blockchain Enterprises” Award
PadiTech, a name well-known within Vietnam’s tech community, has proudly been recognized in the “Top 10 Blockchain Enterprises” list. This milestone firmly establishes PadiTech’s leading position in the field of Blockchain technology in Vietnam.
Over 10 Years of Pioneering and Shaping the Future
With more than a decade of continuous innovation and creativity, PadiTech has proven itself as one of the pioneers in applying Blockchain and AI technologies to solve real-world business problems.
Comprehensive Digital Transformation
PadiTech offers breakthrough digital transformation solutions, helping businesses optimize processes, enhance operational efficiency, and unlock new business opportunities.
Strategic Partnerships
Through close collaboration with leading partners from Japan and the U.S., PadiTech constantly updates the latest technologies and delivers the most perfect solutions to its clients.
Top Expert Team
PadiTech’s talented and experienced engineers are always ready to consult and support clients throughout the project implementation process.
Blockchain and AI – The Perfect Duo for Businesses
The combination of Blockchain and AI technologies creates a revolutionary power that helps businesses
- Enhance Security: Blockchain ensures transparency, immutability, and data safety, protecting vital business information.
- Improve Efficiency: AI automates processes, analyzes big data, and makes accurate decisions, saving businesses time and costs.
- Scale Up: Applications based on Blockchain and AI can easily scale to meet the growth demands of businesses.
PadiTech’s Success – Customer Success
With its innovative and effective solutions, PadiTech has helped hundreds of Vietnamese businesses succeed in the Fourth Industrial Revolution.
Some of PadiTech’s notable achievements include:
- Developing Blockchain Applications: E-wallets, exchanges, supply chain management, document verification, and more.
- Building AI Platforms: Chatbots, image recognition, sentiment analysis, and more.
- Consulting and implementing large-scale digital transformation projects.
A Promising Future
The “Top 10 Blockchain Enterprises” award gives PadiTech even more motivation to continue its growth and innovation. In the future, PadiTech will remain at the forefront of research and application of new technologies, delivering immense value to clients and society.
Contact PadiTech today for the best consultation and support!