Analytics and AI

Artificial Intelligence (AI) and analytics are indispensable in propelling digital transformation efforts, particularly influencing Enterprise Resource Planning (ERP). With the rapid progression of technology and computing power, organizations across various sectors are generating immense amounts of data daily, impacting ERP processes. The significance of this data lies in its potential to extract actionable insights, facilitate strategic planning, and drive innovation within the ERP framework. In this context, AI and analytics emerge as pivotal tools, facilitating the extraction of value from the vast amounts of data generated and collected across the enterprise, optimizing ERP functionalities. Analytics is commonly categorized into descriptive, prescriptive, diagnostic, and predictive types, enhancing the ERP landscape. AI algorithms contribute not only to predictive and prescriptive analytics but also empower companies to develop innovative ERP capabilities, exemplified by advancements such as Industry 4.0.

From Nashville with AI: Microsoft Shares Blueprint for ERP Transformation at IFS Connect
At the IFS Connect North America 2025 event in Nashville, Microsoft's Jennifer Martinez presented a strategic framework for enterprise AI transformation focusing on four pillars—enhancing employee experiences, reinventing customer engagement, reshaping business processes, and accelerating innovation—while emphasizing a three-stage implementation roadmap that includes embracing available AI tools, developing customized solutions, and prioritizing security and governance.
Beyond AI Theater: How Industrial Leaders Are Actually Making Money with AI
At IFS Connect 2025, executives learned that focusing on practical generative AI solutions integrated with organizational data, rather than consumer-grade productivity tools, is essential for achieving measurable ROI amid the growing demand for Industrial AI.
IFS Stays Focused on Industrial AI with Nexus Black, 25R1, and an SAP Play
At IFS Connect 2025, CEO Mark Moffat emphasized the urgent need for adaptation to AI in business, unveiling a major push for IFS in industrial AI through new capabilities in IFS Cloud 25R1, the launch of IFS Nexus Black for rapid AI innovation, and a Migration Accelerator Service aimed at SAP customers, all aiming for significant market presence by 2029.
IFS Industrial AI
IFS boosts ARR by 30% in Q1 on Industrial AI Performance
IFS achieved a 30% increase in annual recurring revenue and a 39% rise in cloud revenue in Q1 2025, driven by strong customer adoption of its Industrial AI initiatives, particularly through the IFS.ai platform, leading to a market valuation exceeding €15 billion.
IFS appoints Matt Breslin as President, North America to drive Industrial AI growth
IFS appoints Matt Breslin as President, North America to drive Industrial AI growth
IFS has appointed Matt Breslin as President of North America to drive growth focused on Industrial AI and cloud adoption across key sectors.
IFS Valuation Soars Past €15 B on Major Investment & Strong Growth
IFS spreads its wings in the Middle East
IFS has announced a strategic partnership with Saudi Business Machines to expand its presence in the Middle East, particularly Saudi Arabia, while also optimizing operations for TIM Aerospace with its EmpowerMX software, underscoring the company's commitment to enhancing industrial AI solutions and modernizing MRO operations.
Demand for industrial AI lifts IFS’ third quarter revenue
IFS experienced a 30% increase in annual recurring revenue in Q3, fueled by a significant rise in IFS Cloud adoptions and cloud revenue growth, while adding 90 new clients and enhancing its ERP and AI solutions through strategic acquisitions.
IFS Ultimo – Building AI use cases for EAMs: ERP Today x IFS Unleashed
At the IFS Unleashed event, IFS Ultimo leaders discussed leveraging AI to enhance Enterprise Asset Management by improving failure report details for both preventive and reactive maintenance, aiming to reduce costly downtime and enhance productivity through advanced data utilization.
IFS.ai: Powering the Industrial AI Revolution: ERP Today TV from IFS Unleashed
At the IFS Unleashed event, Christian Pedersen and Vaibs Kumar discussed the transformative potential of Industrial AI tailored for specific industries, emphasizing IFS.ai's integration with IFS Cloud to enhance operational efficiency and customer value through precise use cases and real-world applications like scheduling and forecasting.
Addressing AI bias: ERP Today TV x IFS Unleashed
Reporting from Orlando, Florida, ERP Today TV talks to AI experts at IFS Unleashed 2024, discussing the best ways to mitigate AI bias.
image of women figure stepping out of a line of men figures
Tapping into diversity with the technological revolution
Abigail Allman speaks with IFS MD UKI Stephanie Poore who offers an insightful glimpse into her own professional journey.
IFS building
IFS signs key AI acquisition and flurry of partnerships
IFS has had a busy end of the month, recently taking the spotlight with new acquisitions and a strategic acquisition of Falkonry AI.