KUALA LUMPUR, Malaysia — Ideagen, a U.K.-based software firm, is expanding its operations in Southeast Asia.
The project involves Ideagen’s office in Kuala Lumpur, Malaysia, and will enhance the company’s support, development and service capability for its client base.
The expansion, relocation and refurbishment will aim to strengthen Ideagen’s operational foundations across the Asia-Pacific region as well as "future proof" the business against potential operational risk.
The new Kuala Lumpur office will act as a central hub for Ideagen’s expanding business in the region following prominent projects with AirAsia, Lion Air, HKExpress and Haeco. Around 40 members of staff will be located there, with Ideagen already adding software development expertise.
“In recent years, we have witnessed rapid growth both through acquisitions and organically and this expansion project is a natural next step in Ideagen’s journey," said Barnaby Kent, Ideagen’s chief operations officer. “As we expand as a business, we recognized that to truly meet the needs of our worldwide client base and operate successfully and efficiently on that global scale, we had to look at expansion in certain global regions.
“Strategically, the recent acquisition of PleaseTech Ltd provided us with the opportunity to do just that. With our presence and reputation growing rapidly across Asia Pacific, our new office in Malaysia will provide excellent operational and business continuity benefits. We have secured some high profile projects in the region, and a dedicated and modern office there will only enhance our ability to meet the demands of these projects.”
Ideagen’s expansion plan centers on the company’s operations in Kuala Lumpur, where it acquired office space and staff there as part of the company’s acquisition of PleaseTech Ltd in March 2017.
Staff have since been relocated into brand new premises in the sought after Petaling business district. The development in Southeast Asia comes months after Ideagen announced plans to launch a 24/7 support service in response to its expanding international client base.
Ideagen’s expansion represents the next phase in the organization’s growth strategy and is a positive move as it cements its position in the global GRC market. That market is estimated to be worth $4.4 billion globally according to leading technology analyst, Gartner, and is forecast to grow at a rate of 13%, reaching $7.3 billion by 2020.
For more information, visit ideagen.com.