IFS, the global enterprise software company recently celebrated two decades of partnerships with the nation’s leading universities. Since the establishment of the R&D center of IFS in Sri Lanka in the year 1997, the company has grown to become one of the leading software development companies in Sri Lanka. They are also a key part of IFS’s global operations.
Currently, IFS employs over 1000 staff in Sri Lanka engaged in product research and development, sales, implementation, consulting and support. During their 20 years in Sri Lanka, IFS has contributed over LKR 500 million towards University centered activities in Sri Lanka, playing an integral role in providing work-integrated learning opportunities.
In addition, IFS is also responsible for carrying out programs involving teaching and curriculum enrichment, mentoring programmes, soft-skills development, and promoting innovation and entrepreneurship aimed at fostering research and developing industry-ready graduates and future leaders.
Commemorating this milestone, over 15 state and private universities were felicitated with awards of appreciation for their role in contributing towards strengthening links between industry and higher education. Commenting on the industry-university collaboration, CEO of IFS, Alastair Sorbie said, “Building partnerships with universities goes a long way toward furthering pure and applied research and building a vibrant industry-ready talent pool.
At IFS we have chosen to focus our CSR efforts on the area of education because it’s an area that IFS, as a knowledge-based company, understands well. We believe together with universities we can inspire creative thinking and spearhead innovation that benefits both industry and the nation”.
Ranil Rajapakse, Senior Vice President and Head of IFS World Operations, Sri Lank added that “IFS, with its two decades of experience, has created a robust and sustainable platform for industry-university collaboration.
Having long-term industry-university collaboration that produces top talent and drives innovation is essential for the country and a game changer for a knowledge-based economic future that is imperative for propelling growth and technological advancement in countries such as Sri Lanka.”
A host of dignitaries including senior officials of the University Grants Commission, vice chancellors, deans of faculties, heads of department, academic staff, senior management of IFS and members of the media graced the occasion.
During the event, IFS also signed a milestone agreement with the University of Moratuwa towards the establishment of the ‘IFS Innovation and Entrepreneurship Incubator’ located at the university premises. The company has already established an ‘IFS Endowed Chair for Innovation and Entrepreneurship’ at the University.
Prof. Ananda Jayawardane, Vice Chancellor, University of Moratuwa said “The University is rapidly becoming known for its forward-thinking and innovative outlook attracting the best minds and creating a strong innovation and entrepreneurial culture.
The launch of the incubator is a further step in providing many new opportunities to our students and faculty.
Empowering students to pursue their passion for information technology, 20 scholarships were also awarded to students of the Sri Lanka Institute of Information Technology (SLIIT), at the event.
Accepting the scholarship award, Professor Lalith Gamage – CEO/Vice Chancellor of SLIIT went on to add that “IFS has created an innovative work-integrated education model that enables aspiring students to earn their degree on a full scholarship while working. We are appreciative of IFS’ continuous support and ongoing efforts to provide our students with outstanding opportunities to develop skills, enhance learning and excel in the competitive workplace.”