IBS signs with Isku Group for ASP system

News & Events 2005-08-18

New ASP system for Finnish furniture manufacturers

IBS has signed an agreement with the Finnish Isku Group for hosting the ASW system as an Application Service Provider (ASP) solution. Isku is one of the leading furniture manufacturers in Europe, and the system will be used by its Estonian subsidiary Kose AS.

The agreement covers all the most important areas of enterprise resource planning, from financial management and sales and materials management to production control and reporting.

The Isku Group decided on the ASP model due to the need for changes at Kose.

“We looked for scalability, in particular, in order to be able to respond to changing needs for years to come. Our subsidiary Kose aims at building its business vigorously, so the software must be flexible even in the future,” says Pekka Kairtamo, Isku Invest Oy’s CFO, on why they decided to engage IBS as their ASP.

According to IBS sales manager Kati Pyykkö, IBS’ ASP service selected by Kose is a more cost-effective solution compared to traditional ERPs for a company that is under considerable pressure to change.

“Investing in their own ERP system would have been an expensive solution, since at this stage it is difficult for Kose to evaluate and estimate the scope of its business and system requirements in five years. Our scalable ASP solution meets Kose’s needs even in the future, as the system grows with the company’s business,” Pyykkö summarises.

Kose AS is a wholly owned subsidiary of Isku Teollisuus Oy, which is part of the Isku Group. The company manufactures furniture for the Finnish, Swedish, Norwegian and Baltic markets.

For further information, please contact:

Kati Pyykkö, Sales Manager Oy International Business Systems IBS AB +358-201-333 245 kati.pyykko@ibs.fi

Pekka Kairtamo, CFO Isku Group +358-3-868 11 pekka.kairtamo@isku.fi

IBS AB, (XSSE: IBS B) International Business Systems, is a leading provider of business software for supply chain management, business intelligence, financial control, and demand-driven manufacturing. IBS' primary focus is mid-sized and large wholesale distributors as well as sales and manufacturing companies in international groups, especially in pharmaceuticals, electrical and electronic parts and equipment, automotive parts and supplies, machinery, industrial supplies food & beverage and consumer durables. For more information about IBS, visit http://www.ibs.net.

Isku is one of the leading furniture manufacturers in Europe. Isku has designed, manufactured and marketed furniture for Scandinavian schools, homes and public premises for over 76 years. In recent years Isku has also established itself in Russia and the Baltic countries and continues its international expansion. Isku has operations in seven countries. A third of net sales comes from outside Finland and deliveries are worldwide.