ERP Strategy and Planning

IFS Chief Product Officer Discusses Future of AI, Automation, and Quantum Computing in Enterprise Software

IFS Chief Product Officer Christian Pedersen discusses the future of enterprise software, emphasizing the imperative of AI-driven automation and quantum computing to address evolving workforce dynamics and productivity challenges, while ensuring that IFS helps customers navigate these technological advancements seamlessly.

IFS Surpasses €1 billion in ARR, Driven by Customer-Centric Approach and Rising Demand for Industrial AI

IFS reported its strongest financial performance in FY2024, achieving over €1 billion in Annual Recurring Revenue and total revenues of €1.228 billion, driven by a 32% YoY growth in ARR and 38% in cloud revenue, alongside a notable increase in customer satisfaction and strategic acquisitions reflecting the growing demand for Industrial AI solutions.