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NaviWorld and Tegra Announce Joint Venture "Navisol" to Meet Surging Global Demand for Microsoft Dynamics 365 Business Applications

[Reykjavík, 16 May 2024] - NaviWorld and Tegra are delighted to announce the formation of Navisol, a joint venture aimed at addressing the increasing demand for Microsoft Dynamics 365 business applications across Europe and globally. This strategic collaboration between two leading Microsoft Dynamics 365 partners signifies a significant step forward in delivering innovative solutions to businesses in today's rapidly evolving digital landscape.

As the demand for Microsoft-based solutions continues to grow globally, NaviWorld and Tegra have joined forces to establish Navisol. Leveraging their extensive experience and partnership with Microsoft, both companies are committed to providing high-quality services and solutions tailored to the diverse needs of businesses in various industries and regions.

The name "Navisol" reflects the essence of the joint venture and its vision for the future. "Navi" represents Navision, the legacy name for Dynamics 365 Business Central, highlighting the deep-rooted expertise and history associated with the product by both companies. "Sol," meaning "sun" in Icelandic, symbolizes the bright and promising future ahead for Navisol as it endeavors to drive positive change and innovation in the global tech industry.

"We are excited to announce the establishment of Navisol in collaboration with Tegra," said Quang Bui, CEO at NaviWorld Vietnam. "I strongly believe the local talents in Vietnam with the world-class expertise from Tegra will give us a competitive edge in the industry. Together, we are dedicated to delivering value-driven solutions that empower businesses to thrive in today's digital economy."

Drawing on the combined strengths of NaviWorld Group and Tegra, Navisol will focus on developing add-ons and products for Microsoft Dynamics 365 Business Central, Dynamics 365 Finance and Operations, and other relevant Microsoft platforms. The joint venture will provide consulting, development, customization, and support services, enabling businesses to enhance their productivity, efficiency, and competitiveness.

"We are proud to partner with NaviWorld to establish Navisol and meet the growing demand for Microsoft business solutions," said David Bjornsson, CEO at Tegra. "With our combined expertise and commitment to excellence, we look forward to delivering innovative solutions that drive business success worldwide."

About NaviWorld Vietnam:
As a part of NaviWorld Group, NaviWorld Vietnam is a leading provider of Microsoft business solutions with the Microsoft Solutions Partner designation in Business Applications and specialization in Small and Midsize Business Management. With a focus on customer satisfaction and innovation, NaviWorld helps businesses optimize their operations and achieve sustainable growth.

About Tegra:
Tegra is a prominent Microsoft partner known for its expertise in software development, digital solutions, and IT consulting services. With a proven track record of delivering high-quality solutions to clients worldwide, Tegra is committed to driving digital transformation and innovation.

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    About NaviWorld

    NaviWorld Vietnam is a leading solutions provider of end-to-end integrated and adaptable business management solutions for mid-sized companies in Vietnam and South East Asia.  With solutions catering for various sectors from Distribution to Retail, Services to Manufacturing, NaviWorld brings a portfolio of internationally proven, fully integrated technology business solutions to our customers.

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