IFS sets up Asean territory in 2004 organisation revamp

The Swedish software provider IFS, one of the world’s leading Enterprise Resource Planning systems suppliers, divides its Asia Pacific operations into four ‘territories’ next year: Australia and New Zealand, Asean, China and South Asia.
     The area is being split into four territories primarily because of differences in IT adoption maturity, similarities in language and business cultures, explains Charissa Loh at IFS Asia Pacific in Singapore.
     Each territory potentially represents about a quarter of the revenue for IFS Asia Pacific.
     In money terms does Asia Pacific represent a small portion of IFS global business but is however one of the fastest growing.
     Within Asean is Indonesia one of the best performing markets for IFS.
     The latest contract there was signed recently with Indonesia – PT Petrokima Gresik, a leading producer of fertilizers and other products.
     The company selected IFS Applications for its financial, distribution, human resources and maintenance requirements. IFS have strong references in the fertilizer industry in Indonesia and this led IFS winning over another new customer.
     The contract is valued at USD 392 000. The Indonesian ERP market overall remains sluggish in line with the global ERP market. However, IFS Indonesia continues to add to the customer base through its ‘packaged for payback’ offerings, claims the company.
     The process industry currently offers the best opportunities for IFS in Indonesia.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *