Delivering a Competitive Advantage for International Registries Inc.

Introduction

International Registries Inc. (IRI) is the world’s most experienced, privately held maritime and corporate registry service provider. Recognising the specialised needs of the shipping and financial service industries across a broad commercial and economic spectrum, IRI operates 28 offices in major shipping and financial centres globally, with its headquarters in Virginia, USA. As forward-thinking leaders, IRI needed to enhance its existing technological infrastructure to achieve its strategic goals. Known for its fast prototyping, performance and reliability, IRI identified Elixir programming language as the optimum technology to deliver the competitive edge it was looking for. Once the right technology was selected, IRI chose Erlang Solutions as the ‘best-of-breed’ industry expert to support the fast and efficient implementation of Elixir in its technology stack.

Addressing tech limitations

Rapid development and deployment are the keys to maintaining a competitive edge in the maritime and financial service market. Integrating Elixir technology has provided IRI with a powerful toolkit to drive innovation, improve efficiency and strengthen its market-leading position. Elixir speeds up time to market, helping IRI quickly develop and deploy new products and staying ahead of the competition. This agility opens new revenue streams, further supporting IRI’s reputation in maritime and financial services. Elixir’s stable libraries enhance maintainability and reduce costs, allowing IRI to run older code seamlessly. This cost efficiency has allowed IRI to decommission six servers, leading to a leaner, more economical operation.

The ultimate technology partnership

In selecting a technology partner, IRI sought out the best Elixir expertise available on the market. It selected Erlang Solutions to bring knowledge, experience and confidence to the project. With founders of the Erlang language on the board of the company, this was an important factor in the decision that Erlang Solutions was the perfect fit for IRI. Thanks to an amicable and collaborative approach, the Erlang Solutions team seamlessly integrated with IRI’s existing team and frameworks, bringing deep technical knowledge. expertise and mentorship to drive success. This partnership continues to drive IRI forward with continued innovation and operational excellence.

Investing in the future

Introducing Elixir has proven technical benefits that align with IRI’s long-term strategy. The adoption of new technology has allowed IRI to attract and retain high-quality developers. Meanwhile, Elixir’s cutting-edge nature has made IRI an attractive destination for top talent, while existing staff have gained opportunities to work with innovative technology and develop new skills, boosting morale and enhancing talent retention. The improvements are expected to yield a substantial return on investment, positioning IRI for strong future growth and success.

Conclusion

The use of Elixir in International Registries is a success story of technological transformation. Elixir technology addressed immediate technological needs, whilst laying a foundation for future growth, development, and competitive advantage in a cost-sensitive market. Choosing the right technology partner in Erlang Solutions has enabled IRI to implement Elixir quickly and efficiently, supporting its internal development team to build their skills and move towards self-sufficiency.

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“I was looking at getting Elixir into the company and Erlang Solutions was an obvious choice. Personally, with a background as a developer, I knew we would be getting the best of the breed. We had a really good experience with the Elixir developers, who worked with us as though they were one of us. Overall, it’s been an absolute pleasure working with the team.”

Duane Strikwerda

Director Information Technology, International Registries, Inc.