Thursday, June 11, 2009

BanglaCAT chooses IFS Applications to power its enterprise solutions

IFS, the global enterprise applications company, today announces that Bangladesh’s largest independent power generation solutions provider and Caterpillar distributor, BanglaCAT will implement IFS Applications. BanglaCAT has recognized the need for an agile and flexible enterprise solutions system to integrate its business operations across the region.

BanglaCAT, which decided to invest in a business solutions system in the face of the global recession, chose IFS after an extended evaluation process of global ERP providers. The company expects several benefits after implementing IFS’ agile component-based system in their operations and interactions with other Caterpillar dealers across the Asia-Pacific, Middle East and South Asian region.

IFS will deliver a solution consisting of components for Finance, Distribution, Maintenance, Human Resources and Business Performance.

"IFS has fulfilled all our requirements perfectly and emerged head and shoulders above its competitors in all important aspects. With the flexible, component-based architecture of IFS Applications and step-by-step implementation, we were able to define what phases we want the solution to be implemented in and how we will approach the automation of the organization," comments Nazim A Haque, Managing Director, BanglaCAT.

Efficient, quick and competent local support was another deciding factor when choosing the IFS solution. BanglaCAT intends to introduce further components of the solution to its sister companies under the Bangla Trac umbrella once the first implementation project is complete. "We believe in long- term planning, and this is the first step in a long process of automation, optimization and modernization of BanglaCAT for the years to come," Mr Nazim stated.

"We are very pleased to be working with BanglaCAT, a respected company in Bangladesh dealing with the global leaders of heavy machinery, Caterpillar," Shiraz Lye, Manager Sales and Marketing South Asia for IFS said. "The world is changing so quickly, companies need to adopt strategies quickly for reaching short-term objectives. A flexible enterprise software system can contribute to a company’s ability to stay agile."

BanglaCAT’s diverse operations with Caterpillar dealers across the eastern hemisphere require an application that can seamlessly integrate all activity onto one platform and can be accessed online in any part of the region. The company is vital to the Bangladesh economy, with their generators used as an important source of continuous power for the high export income earning textile industry. The Caterpillar solutions they provide have dominated the pharmaceutical, steel, agro-processing, food and beverage, chemical, ready-made garments and construction sectors in the country.

A project of this nature requires local support which will be provided by IFS’ distribution and implementation partner in Bangladesh, ICE Technologies and Services. "We have confidence in ICE’s strength to handle a project of this magnitude from the ground up," Shiraz stated.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was SKr 2.5 billion.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer