The company was founded in 1983. In 1997, it decided to establish an R&D center here in Sri Lanka. Fast forward to today and the company has enjoyed massive growth. It’s a globally recognized leader in developing ERP, EAM and ESM applications. It’s offices here in Sri Lanka employ over 1,000 people across Colombo and Kandy. Needless to say, IFS is among the titans of the tech industry in Sri Lanka.
Recently, the company held a press conference to mark 21 years of operation in Sri Lanka. Commenting on this, Stephen Keys – IFS Regional President, APAC & Japan, Middle East & Africa, said, “Our 21-year presence in Sri Lanka is a testament to the success of our business model. We recognize the importance of Sri Lanka as a vital source of skills and knowledge to support our regional and global business.”
Thomas Säld – IFS Senior Vice President Research & Development, also shared that we host to the company’s largest R&D center. It’s where 60% of its products are developed and 80% of them are supported. IFS Applications 10 was an example of a recently developed product. Whereas IFS Labs is a unit inside the company explores new technologies and trends does much of its development here.
Additionally, 1100 of its 3500 global workforce is based here. As such, Thomas went on to say, “Sri Lanka is of vital importance to IFS and we are looking forward to increasing our investment in Sri Lanka even further over the coming years.” The company has credited this success to the talent it finds here and its long partnership with local universities.
Ranil Rajapakse – Senior Vice President & Head of IFS World Operations in Sri Lanka said, “Being a knowledge-based company, the importance we place on our people, the great work culture, and the long and fruitful collaboration with local universities in building capacity and creating talent, have been key factors in our 21 years of success in Sri Lanka.” As we learned last year, the company invests heavily in its partnership with universities to create talent.
But how has the company performed financially? Shiraz Lye – Managing Director & VP Sales IFS South Asia, commenting on its South Asian operations, said, “We had a fantastic double-digit growth for Q3 2018, recording an impressive 44% overall revenue growth with license up by 53% compared to last year. Maintenance revenue grew 13%, indicating more of our customers are on boarding the Annual Maintenance Contract plan.”
The company is looking towards becoming more agile to support its growth across Asia. The importance of Sri Lanka to help it achieve that can by Thomas’ words, “We develop, sell, implement and support world-leading solutions for customers who manufacture and distribute goods, maintain assets, and manage service-focused operations. We would not be able to that without our operations here in Sri Lanka.”
Venture Frontier Lanka is bringing experts in entrepreneurship from around the country to cities throughout Sri Lanka to train local entrepreneurs to think differently about the ventures they will start.
Venture Frontier Lanka is bringing experts in entrepreneurship from around the country to cities throughout Sri Lanka to train local entrepreneurs to think differently about the ventures they will start. A caravan stop consists of different sessions about creating unique ideas for startup ventures and strategies for financing those ideas.
Come join the sessions on the 19th of December, starting with 2 pm at Sri Lanka Institute of Information Technology.
The event is free of charge! REGISTRATION is mandatory for this event
(Wednesday) 2:00 pm - 6:00 pm
SLIIT, New Kandy Road, Malabe
Early Bird till the 16th of Dec: 20% discount Likuid Members: 20% discount Female/Social Entrepreneurs (Locals Only): 50% discount Join for a one day workshop where we unchain the collective wisdom and creativity
Early Bird till the 16th of Dec: 20% discount
Likuid Members: 20% discount
Female/Social Entrepreneurs (Locals Only): 50% discount
Join for a one day workshop where we unchain the collective wisdom and creativity to help each other having a more productive digital nomad new year and build better cooperations for teamwork.
During this peer to peer learning session you can share your experiences to help others and learn from other practitioners. Together, dive into the most painful problems and brainstorm on solutions. It’s for you if you resonate with some of these questions:
How do I integrate work, life and travel?
How do I keep motivated to achieve?
How do I keep engaged with a client?
How do I manage my time and energy?
How do I get clients?
How do I find people to collaborate with?
How to deal with time differences?
How can I make human interactions with slack profiles?
How to set realistic goals in constantly changing environment?
What are the best tools & methods for productivity?
What’s the secret of aligned teams?
What are the best skills for a digital nomad?
ABOUT THE METHOD:
“We create space for meaningful conversations, experimental and peer to peer learning. Nothing frontal, no preaching. But space for your very unique questions.”
+ Full-day mentored learning program
+ Breakfast on the roof
+ BBQ lunch on the roof
+ Goodie bags & Take-home handbooks
+ Post-event networking
ABOUT THE HOST:
Kitti is a digital nomad herself and a marketing consultant for innovative companies and early stage startups. She is a conversation ambassador for tedxdanubia, hosted meaningful conversations on ideas worth spreading. In the past years she worked in self organized teams, practiced facilitation, joined peer to peer networks, decentralized teams and cocreated a collective of freelancers. She is a cofounder of a sustainability startup that just secured its first round of investment. Worked as a mentor for many startups, and in the meantime she visited more than 15 countries.
Are you a Sri Lankan female entrepreneur or a local social business? Reach out for your discounted tickets!
PRICE IN SRI LANKAN RUPEES:
Regular: LKR 5000
Early Bird till 16th of Dec: LKR 4000
Likuid Members: LKR 4000
Female/Social Entrepreneurs (Locals Only): LKR 2500
(Saturday) 8:30 am - 5:30 pm
5 Charles Place 00300 Colombo, Sri Lanka
Karthik ( Associate Director, DTCC & Co-organiser of Hyperledger Chennai Meetup) will be here for the 2nd Hyperledger meetup. He will share his experience with Hyperledger and Business application of Blockchain
Karthik ( Associate Director, DTCC & Co-organiser of Hyperledger Chennai Meetup) will be here for the 2nd Hyperledger meetup.
He will share his experience with Hyperledger and Business application of Blockchain technologies.
1. Work with Hyperledger Fabric and Explorer.
2. Business use case with Hyperledger Blockchain Framework
3. Q&A session
This is a Free session. Register here
(Friday) 5:30 pm - 8:30 pm
Startup X Foundry
07, Charles Place, Colombo 03, Colombo
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