IFS

·         Company History

IFS AB (Industrial and Financial Systems) is a multinational enterprise software company headquartered in Linköping, Sweden. The company develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. IFS has over 4,000 employees that support more than 10,000 customers worldwide from a network of local offices and a growing ecosystem of partners

 

IFS was founded in 1983 in Sweden and launched its first software product IFS Maintenance in 1985.Five years later the complete product suite known as IFS Applications was launched. In the next several years saw IFS expanding its presence in the Scandinavian region with establishment of offices in Norway, Finland, Denmark and then expanding outside Scandinavia into Poland. 1993, saw IFS introducing its first graphical user interface and expanding to Malaysia. In 1995, it expanded to North America.

 

In 1996, IFS was listed in the Swedish stock exchange and the product was made into a component based one. This was followed with the launch of its web client and its establishment of an RnD center in Colombo. In 2001, IFS introduced Java-based mobile clients and Internet portals. In 2004, NEC acquired a 7.7% of IFS share capital. By 2005, IFS Applications had more than 500,000 users. In 2008, IFS launched its new GUI and began several acquisitions

 

·         Vision and Mission

Our vision is “To create value for customers”, and our mission is to bring the latest technology (Hardware) into our development.

 

·         Company Technology Focus

Recently IFS introduced the IFSCloud for modern needs along with the existing industry standard Technological R&D, AI, Design, IoT, Mixed Reality etc.,

 

·         Company Work Culture

 

·         Clients and operating regions

IFS is governed by the company’s Executive Management Team, providing leadership and direction from a global, operational perspective. Strategically, the company has a four region focus, led by members of the Executive Management Team. These focus areas are; Southern & Western Europe, Northern & Central Europe, Americas and APJME&A.

 

IFS’s clients are such as SKY, Karo Pharma, Multiplex, Jotun, Associa, Pukka, Karo etc.,,

 

·         Conclusion

IFS Sri Lanka has been contributing to Sri Lankan economy for a long time.