iContro Software

What iContro Software does

iContro Software Sdn. Bhd. is a Kuala Lumpur-headquartered private Malaysian enterprise software vendor founded in 1995 as part of the Planetsoft International Holdings Group. The company develops and sells iContro G5, an ERP platform built on Microsoft .NET (VB.NET, .NET Framework 4.0+) with Microsoft SQL Server, comprising 62 million lines of code and 30+ main modules across Financial Management, Sales, Purchasing, Inventory, Manufacturing (discrete and process-based), Project Costing, Fixed Assets, Group Operations / Inter-company, Business Intelligence, CRM, Weighbridge Operations, and Machine Integration. The system's distinguishing design choice is an 'Asian Business Culture' framework that combines Japanese Lean, Korean Speed, and Chinese Control paradigms, with formula-based manufacturing tailored for process industries (paint, chemicals, pharmaceuticals, food).

The product is positioned for mid-market and enterprise customers in process-based manufacturing and adjacent verticals, with cited adoption by 90% of Malaysian paint manufacturers, alongside enterprise customers in real estate, logistics, and group holdings (e.g., DGL, Teikoku, Hume Marketing, Damansara Realty, Air-Marine Cargo, Royalton Group). The company reports coverage of approximately 250–300 organizations across Malaysia, Indonesia, and Singapore, and pursues geographic expansion into the broader ASEAN and East Asian markets (China, Korea, Taiwan, Japan, Philippines, and India). It has obtained TUV Germany certification (93% 'Best In Class' compliance) and MSC Pioneership status, and revenue derives from one-time/perpetual ERP licensing plus implementation, customization, and consulting professional services via a direct enterprise field-sales motion.

Name

iContro Software

Legal name

iContro Software Sdn. Bhd.

Website

https://icontro.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

iContro Software develops iContro G5, a 30+ module ERP system on Microsoft .NET/SQL Server, tailored for process-based manufacturing in Asia, selling one-time licenses and implementation services to mid-market and enterprise manufacturers primarily across Malaysia, Singapore, Indonesia, and broader ASEAN.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (5415)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB)

akta.pro secondary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

Keywords

• Enterprise resource planning
• Process manufacturing software
• Financial management software
• Manufacturing execution system
• Business intelligence software

Headquarters

HQ city

Nungambakkam

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. ERP Software Licensing: Core ERP system licensing with 30+ main modules including Financials, Distribution, Manufacturing, CRM, Business Intelligence, and specialized solutions
2. Professional Services: Implementation, customization, and consulting services for ERP deployment

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

iContro Software develops and sells the iContro G5 ERP System, a 100% homegrown Enterprise Resource Planning platform built on Microsoft .NET technology covering 30+ modules across Financials, Distribution, Manufacturing, CRM, Business Intelligence, and Group Operations. The system is engineered around an "Asian Business Culture" framework combining Japanese Lean, Korean Speed, and Chinese Control methodologies, with specialized capabilities for process-based (formula-based) manufacturing. Revenue is generated through one-time ERP licensing plus implementation, customization, and consulting services.

Product overview

iContro Software offers iContro G5 ERP, a unified enterprise resource planning solution developed in Malaysia since 1995, based on 'Asian Business Culture' philosophy. The system is a platform-plus-modules architecture comprising 30+ main modules including Financial Management, Fixed Assets Management, Sales Management, Billing and Sales Analysis, Purchasing Management, Project Costing Management, Inventory Management, Manufacturing (Discrete and Process-based), Group Operations, Business Intelligence, Weighbridge Operations Management, CRM, and Machine Integration Management. The solution includes 1850 built-in reports and is built on Microsoft DotNet Technology with Microsoft SQL Server database.

Differentiator

Problem solved

Functional benefit

Products and services

• iContro G5 ERP System A comprehensive 100% homegrown ERP solution developed based on Asian Business Culture, consisting of 30+ main modules covering financials, distribution, manufacturing, and group operations. The system comprises 62 million lines of code with 1,850 built-in reports and is targeted at enterprises, public listed companies, government link companies, and multinational corporations across manufacturing and distribution industries.
• iContro G5 ERP Multi-Lingual Version Multi-Lingual version of the TUV-certified iContro G5 ERP designed to support regional expansion across Asia with localized language capabilities for diverse Asian markets.

Quantifiable outcome

• Shortened financial closing time and improved sales forecast monitoring
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Planetsoft International Holdings GroupparentOthersParent company of iContro Software. Part of the rich legacy of Planetsoft International Holdings Group established since 1995. Core business is continuous R&D of ERP solutions.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Infor CloudSuite Industrial: Industry-specific ERP suite with strong process manufacturing (chemicals, food & beverage) capabilities and a much larger global install base. Operates as a broad incumbent entering the same ASEAN mid-market segment as iContro.

Direct peers

• Epicor Kinetic: Industry-specific ERP with deep discrete and process manufacturing capabilities, including formula-based production for chemicals, plastics and food/beverage. Closest direct Western peer to iContro on the process-manufacturing axis, with growing SEA presence.
• SAP Business One: SAP's mid-market ERP for small and growing manufacturers, explicitly named by iContro as a displacement target. Competes for the same process-manufacturing mid-market accounts in ASEAN with vastly larger implementation partner ecosystem.
• Acumatica Cloud ERP: Cloud-native mid-market ERP with dedicated manufacturing edition, gaining traction among Asian mid-market manufacturers and a comparable direct competitor for on-premise ERP replacement deals.
• Microsoft Dynamics 365 Business Central: Microsoft's mid-market cloud ERP (formerly Dynamics NAV, which iContro explicitly targets displacing). Directly competes for the same Malaysian and ASEAN mid-market manufacturing ERP accounts with substantially larger global partner and reseller channel.
• ROSS System: Process manufacturing ERP (formerly ROSS ERP, now part of Aptean) explicitly named by iContro as a displacement target. Specializes in formula/recipe-based manufacturing for chemicals, food and life sciences, making it a direct functional peer.
• Oracle NetSuite: Cloud-native mid-market ERP with manufacturing editions; competes for the same Malaysian and regional SMB manufacturer replacements that iContro targets, with a multi-tenant SaaS model iContro lacks.

Regional players

• TOTVS: Latin America's leading ERP provider with deep process-manufacturing vertical expertise and an established 'homegrown ERP champion' playbook that mirrors iContro's Malaysia-centric positioning, though operating in a different geography.
• ABSS (Absolute Business Solutions): Singapore-based accounting and ERP software with strong Malaysian market presence (ABSS Premier / ABS Software), competing directly for SME manufacturer accounts in Malaysia and Singapore that iContro also targets.
• HashMicro: Singapore-headquartered cloud ERP provider targeting SMEs in Southeast Asia with manufacturing, accounting and inventory modules - the most direct regional cloud ERP competitor to iContro's on-premise offering in the Malaysian/Singaporean mid-market.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/icontro_erp
• Facebookfacebook.com/265040523677264
• LinkedInlinkedin.com/company/icontro-software-sdn-bhd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iContro Software