28 November 2014
IFS partners with University of Moratuwa to spark innovation and entrepreneurship
IFS, the global enterprise applications company, announced its partnership with the University of Moratuwa to establish an IFS Endowed Chair for Innovation and Entrepreneurship. The role of the Endowed Chair for Innovation and Entrepreneurship will focus on research that will feed into the structure of the courses and content that is taught by the University’s faculty.
The partnership marks a milestone in the industry-academia collaboration in the country and will strengthen the research capability across all faculties of the university and foster a culture of creative thinking, innovation and entrepreneurship among both teaching faculty and students. Under the partnership, IFS will grant 18 million Rupees over a period of 3 years to establish a position of an IFS Endowed Professor/Senior Fellow for innovation and entrepreneurship at the University of Moratuwa.
IFS recognises that a strong collaboration between industry and academia is necessary to significantly enhance the innovation entrepreneurship culture of the country. Creative thinking and an innovative mind-set is imperative for propelling the economic growth and technological advancement of Sri Lanka.
University of Moratuwa (UoM) is also mindful of the impact of creating an innovative and entrepreneurial culture within the university, in view of adding value and wealth creation towards the country’s economic growth. The university's vision is to be “the most globally recognised knowledge enterprise in Asia,” hence the importance of transforming the University of Moratuwa into a world-class university.
IFS is a globally recognised leader in developing and delivering business software for Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM) and Enterprise Service Management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries.