Record ERP growth for IFS

Tamara Nissanka

The global Enterprise Resource Planning (ERP) growth rate presently stands at 7 to 8 per cent, Vice President, South Asia, Industrial and Financial Solutions, Jayantha de Silva said.

An anniversary celebration held to commemorate ten years of IFS in Sri Lanka. He said IFS has a recorded an ERP growth rate of 15 per cent.

The organisation has recognised South Asia as a high potential zone in the global IT industry. Forty per cent of the annual profit for this year was recorded from the South Asian region, and 50 per cent of the profit for 2008 would be generated from the South Asian region, he said. IFS has termed the next ten years as 'The Decade of Asia'.

Managing Director, IFS Sri Lanka, Jonathan Bridgewater highlighted that the education standard of Sri Lankans are at a high level. "The education and university systems attracted IFS to Sri Lanka.", he said.

Software Engineering Director of IFS, Sajith Peiris said IFS has produced over 900 groomed professionals to the Sri Lanka IT industry over the past decade. The company currently hosts mentoring programmes to support startups in the field. IFS has awarded 90 scholarships to IT undergraduates and is presently planning on working closely with universities and other IT education institutions.