IFS

IFS reported a remarkable Q1 with a 78% increase in ACV bookings and a 45% rise in recurring revenues year on year, driven by a 67% jump in cloud revenues and solidified by a $10bn valuation following Hg's investment, showcasing consistent market outperformance and strong demand for its cloud technology.

IFS Cloud gets its first major update for 2022

IFS has released the first of two updates to its IFS Cloud product for 2022. The April release, available now, is aimed at enhancing enterprise insights, process automation and employee experience.

IFS future-proofs field service operations for Konica Minolta

Konica Minolta has chosen IFS's Field Service Management software to enhance its service operations through predictive maintenance and optimized resource deployment across its ten national operating companies in Europe, aiming to improve equipment uptime and customer experience.

New investment boosts value of IFS and Workwave to $10bn

Hg is set to become a significant minority shareholder in IFS and WorkWave, which are valued at $10 billion, allowing them to strengthen their market positions while EQT remains the majority shareholder.

IFS takes Japan Airlines engineering division to new heights

IFS has been chosen by JAL Engineering to implement a cloud-based fleet planning solution that streamlines long range maintenance planning for nearly 200 aircraft, enhancing efficiency and reducing manual processes while supporting the company's MRO strategy.

IFS helps bring greener power to Norway public transport and cities

Sporveien AS has selected IFS to upgrade to IFS Cloud in order to enhance its operations and support sustainability initiatives, aiming for a greener Oslo with improved technology for managing its transportation infrastructure.

International drilling contractor upgrades with IFS

IFS has partnered with Borr Drilling to upgrade its IT platforms to IFS Cloud, enhancing business processes like asset management and supply chain efficiency across the company's global offshore drilling operations.

Norway’s largest hydraulic equipment manufacturer moves to IFS Cloud

IFS has strengthened its partnership with Norway's Servi Group, the largest hydraulic equipment producer in the country, by transitioning them to IFS Cloud to enhance operational efficiency and streamline data access across their multiple locations and services.

IFS delivers another market-beating year and closes-in on $1bn in group revenues

IFS reported a fourth consecutive year of double-digit growth with total sales of $984m for 2021, driven by a 22% increase in software revenue and a 105% rise in cloud revenue, despite COVID-19 challenges.

IFS cloud revenue up 104 percent

IFS reported a strong Q3 2021 with 104% year-on-year growth in cloud revenue, 81% of software revenue now recurring, and a notable acquisition of feedback platform Customerville, reflecting robust customer demand and a positive revenue mix.

IFS fuels growth for Ortec Group

IFS Cloud has been selected by Ortec Group to enhance its operational efficiency and user experience across its construction and engineering services, supporting its growth and diverse market needs.

IFS growth trajectory continues

IFS reported a remarkable 79% increase in cloud revenue for the first half of 2021, with overall software revenue growing by 20% to SEK 2.6bn, driven by key acquisitions and the launch of IFS Cloud, highlighting the company's successful strategy and focus on technology advancements.

IFS acquires Customerville

IFS has acquired customer experience platform Customerville to enhance customer engagement and innovation, leveraging design-driven feedback technology to improve response rates and integrate customer insights into early product development.

Products are dead, long live products – why servitisation could be key to post-pandemic recovery

The COVID-19 pandemic has challenged aerospace manufacturers like Rolls Royce to adapt their servitisation models, which focus on delivering outcomes rather than products, emphasizing the need for improved risk management and technological agility to foster long-term customer relationships and sustainable business practices.

How technology is driving the new era of F1

Formula 1 has evolved into a data-driven sport where advanced technology and analytics are utilized to enhance car performance and racing strategy, leading to innovations that also benefit road car technology and engage fans through immersive digital experiences.

Fugro selects IFS to harmonise project-oriented processes

Geodata specialist, Fugro, will implement a cloud-based ERP solution from IFS as part of a company-wide initiative to bring staff together in one collaborative way of working on a centralised technological framework, and to help unify the people, processes and business data across its global operations.

US Navy opts for IFS for mission-critical maintenance planning

IFS and Lockheed Martin have been selected by the US Navy to deliver an intelligent maintenance solution that will ensure personnel spend more time focused on the mission and less on aircraft and ship repairs.

IFS reveals multi-year sustainability strategy

IFS has announced a multi-year focus on sustainability in a plan to improve the company’s own operations, enable customers to achieve sustainability goals and influence the industry.

IFS appoints Infor’s Johan Made as chief commercial officer

IFS has today announced the appointment of Johan Made as chief commercial officer.

UK Home Office opts for Oracle cloud

The UK Home Office has successfully transferred its key HR, payroll, finance, customer support and employee analytics services onto the Oracle cloud.

IFS acquires Axios Systems

IFS has announced the acquisition of Axios Systems, a global provider of cloud-based enterprise service management (ESM) software.

Darren Roos on the launch of IFS Cloud

IFS CEO, Darren Roos, talks to ERP Today about the launch of the new IFS Cloud. The culmination of three year's work since taking over as CEO, IFS Cloud is a single application platform that gives customers flexibility, choice and deep industry capabilities...

Creating resilient end-to-end agility in the New Digital Supply Chain

COVID-19 has caused even the most robust supply chains to creak. What lessons can we learn and how should enterprises structure their supply chain so that digital technologies ensure goods and services flow?

Acumatica takes on Sage in the UK

Acumatica is the US-based cloud-native ERP vendor that has set its sights on a big slice of the UK market that is currently occupied by Sage. Acumatica is from the same stable as IFS...

Stoddart reinforces market leading position with IFS

Stoddart Group has chosen IFS to digitise job scheduling and automate business processes, aiming to enhance service excellence and support its growth with a scalable, cloud-enabled platform.

IFS to fuel ‘digital mine’ for Europe’s largest iron ore producer

IFS has been selected to deliver a state-of-the-art enterprise asset management solution to enable mining...

IFS powers India’s largest defence manufacturer

IFS has signed a contract with technology provider, Tech Mahindra, to enable a $54million business transformation...

We Must Find New Ways To Differentiate Between The ERP Solutions (IFS, Infor, SAP)

ERP Today hosts a panel discussion between three of the leading industrial ERP providers and asks them to articulate their product roadmap and overarching strategy...

IFS appoints David Phull as COO

IFS has strengthened its sales leadership organisation with the appointment of technology...

IFS acquires Clevest

IFS has acquired Clevest Solution Inc, a Vancouver-based software vendor that focusses on...