Sept 09, Colombo: IFS has been ranked amongst the top 100 Sri Lankan corporates by LMD (Lanka Monthly Digest) Magazine in its 18th ‘Most Respected Entities in Sri Lanka’ edition.

In addition to being honored as one of the most respected entities, IFS has been also ranked as a top Sri Lankan business entity in Dynamism, Corporate Culture, Innovation, Management Profile, and HR/People Management lists.

The LMD’s Most Respected Entities survey includes the top 100 blue-chip companies, conglomerates, multinational companies (MNCs), financial institutions, and household brand names in the country.

Since 1997, IFS has played a pivotal role in the local ICT ecosystem as one of the largest tech employers in the country, providing significant inputs to the country’s IT skills and job market. The Sri Lankan operation is a strategic investment of IFS, the global enterprise applications company, and its largest office outside Sweden with approximately 2,100 employees.

Beyond housing IFS’ largest R&D and global operations outside Sweden, IFS manages the South Asia Customer Organization, which sells services and supports organization’s in the region that use IFS Cloud – – a single, composable technology platform that enables customers to differentiate on service.

Commenting on the latest recognition, Ranil Rajapakse, Executive Vice President & Chief Operating Officer of IFS’ Sri Lanka operations said, “We are humbled by this incredible recognition to be included among some of the most admired Sri Lankan corporates. Our spirit of ingenuity and resilience has enabled us to embrace challenges in Sri Lanka amidst tough macroeconomic conditions while contributing consistent revenues and delivering the highest level of customer service. Both through our software and our success services, we are making it possible for our Sri Lankan and global customers to buy and consume technology in the way that creates the most value for them, so they can deliver amazing ‘Moments of Service’ to their customers.”

The LMD Most Respected survey analyses the most esteemed business entities in Sri Lanka based on the perceptions of over 800 respondents, shared via telephone interviews. In line with this, respondents nominate the organizations they perceive as being the best based on the criteria of financial performance, quality consciousness, management profile, honesty, innovation, dynamism, corporate culture, CSR, vision, and nation-mindedness.