IRIS Software Group buys EdTech firm
Posted on October 22, 2020 by Alistair Hardaker
IRIS Software Group, one of the UK’s largest privately held software companies, has acquired iSAMS, an online school management system.
The acquisition of Northampton-based iSAMS is hoped to grow the scope of the education portfolio for IRIS, as it provides management information system (MIS) solutions to over 500 UK independent schools and over 500 international schools across 80 countries.
iSAMS is a web-based management information system used across a school, from data administrators and staff, to students and parents with a range of reporting and engagement tools.
These modules manage administration to help schools run efficiently, including admissions, academic reporting and tracking, examinations, wellbeing, communication, HR, fee billing and accounting.
The technology allows for the streamlining of school management by automating some of these operational tasks and engaging employees, parents and pupils to exchange important information.
Kevin Dady, Executive Chairman of Slough-based IRIS Software Group said: “Domestically we are seeing a growing need for schools to not only move to a SaaS environment for finance, HR and payroll, but increase their engagement with parents, provide more detailed reporting and create more efficient, paperless administration systems.
“IRIS’ heritage, combined with its 11,000+ school customers, investment in cloud technology and sector expertise will help iSAMS in the next phase of its growth.”
Alastair Price, Managing Director of iSAMS added: “IRIS shares our vision for the next stage of growth. Its track record in the education market makes it the perfect partner. The support for management and its culture complements the next chapter of the iSAMS story. We are excited about IRIS investing into the business, reinforcing our commitment to service excellence for our customers worldwide.”