IFS has revealed another set of stellar results which confirm the business is firmly on the path to £1bn in revenue and underscores the recent valuation of $10bn following a recent recap with Hg Capital. IFS’s growth in H1 2022 is put down to acquiring net new customers as well as from the IFS install base continuing to upgrade to its IFS Cloud product. In the first 12 months of IFS Cloud’s general availability, the company reported the same number of new users as it secured over a 25-year period with previous generation software.
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