IFS Secures Contract with the Three Gorges Project The Largest Hydropower Plant in the World
IFS has announced the signing of an agreement with the Three Gorges Project Corporation for the implementation of IFS Applications to provide total plant management, including maintenance, financials and human resources. Implementation commenced in April 2002, with the first phase expected to Go Live in mid-2003. The contract is valued at RMB 8 million (approximately USD 1 million).
The Three Gorges Project is the largest water conservation project in the world, located on the Yangtze River in Hubei province, central China. Upon completion, the Three Gorges Project will be the largest hydropower plant in the world, with a total installed capacity of 18,200 MW and an annual output of nearly 84.7 billion kWh, roughly one-tenth of electricity consumption in China.
IFS is a global provider of business applications for capital intensive projects. Some of the benefits experienced by implementing various combinations of IFS components include ease of access to business-critical information, speedier adaptation to changing conditions, flexibility of operations, savings in time and money and increased profitability and competitiveness. The application is designed to monitor and assist the financial aspects of the organisation during the design, build or maintenance phase of a project.
The fact that Three Gorges Project Corporation has chosen to use IFS Applications as part of this enormous infrastructure project is recognition of our companys capabilities in significant capital intensive industries. Our success in the Chinese market and traditional Western economies indicate the true global nature and solution advantages of IFS Applications, said Rob Simmons, Managing Director, IFS Australia.
About IFS and IFS Applications (www.ifsworld.com)
IFS develops and supplies component-based business applications for medium and large enterprises. IFS Applications, which is based on web and portal technology, offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, financials, engineering, maintenance and human resource administration. IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration.
A leading global business applications supplier, IFS has 3,200 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS).
In Asia Pacific, IFS has offices in Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Sri Lanka and Thailand. It is represented via distributors in India and Taiwan.
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The Three Gorges Project is the largest water conservation project in the world, located on the Yangtze River in Hubei province, central China. Upon completion, the Three Gorges Project will be the largest hydropower plant in the world, with a total installed capacity of 18,200 MW and an annual output of nearly 84.7 billion kWh, roughly one-tenth of electricity consumption in China.
IFS is a global provider of business applications for capital intensive projects. Some of the benefits experienced by implementing various combinations of IFS components include ease of access to business-critical information, speedier adaptation to changing conditions, flexibility of operations, savings in time and money and increased profitability and competitiveness. The application is designed to monitor and assist the financial aspects of the organisation during the design, build or maintenance phase of a project.
The fact that Three Gorges Project Corporation has chosen to use IFS Applications as part of this enormous infrastructure project is recognition of our companys capabilities in significant capital intensive industries. Our success in the Chinese market and traditional Western economies indicate the true global nature and solution advantages of IFS Applications, said Rob Simmons, Managing Director, IFS Australia.
About IFS and IFS Applications (www.ifsworld.com)
IFS develops and supplies component-based business applications for medium and large enterprises. IFS Applications, which is based on web and portal technology, offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, financials, engineering, maintenance and human resource administration. IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration.
A leading global business applications supplier, IFS has 3,200 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS).
In Asia Pacific, IFS has offices in Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Sri Lanka and Thailand. It is represented via distributors in India and Taiwan.
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