The manufacturing industry faces a critical turning point as new research from IFS reveals a troubling trend: manufacturers know digital transformation is essential but are falling behind due to ‘option paralysis’ and are unable to capitalise on advancements in their industry. The study surveyed 815 global manufacturing leaders and found that whileRead More…
Enterprise Asset Management (EAM) software provider IFS Ultimo has integrated AI functionality into its next-generation EAM platform to enhance troubleshooting, and enable organizations to reduce the mean time to repair (M5TTR) of their assets. By leveraging AI, EAM toolsets will be more intuitive, accessible and predictive, therefore driving unprecedented efficiencyRead More…
IFS and Sovos, the always-on tax compliance company, have announced a strategic technology partnership to integrate an indirect tax suite within IFS Cloud, enabling enterprises to streamline, optimize and automate complex tax compliance obligations using real-time data from across the organization. Taxation compliance has become an always-on challenge for CFOsRead More…
IFS today announces that a new Sustainability Management Module is available in the 24R2 version of IFS Cloud as part of a collaboration with PwC. The powerful module includes new features which have been developed to help customers simplifyRead More…
IFS Unleashed, the world’s biggest event devoted to Industrial AI, has announced that eight-time Olympic gold medalist, Usain Bolt, and golf legend, Gary Player, will keynote to over 2,500 customers, partners, technology leaders, and C-level executives from across the globe. Over 50 sponsors and the world’s main Global System Integrators areRead More…
IFS has announced its participation at the World Utilities Congress, 16-18 September 2024, at ADNEC Centre, Abu Dhabi, UAE. The company will highlight the IFS Cloud Enterprise Asset Management (EAM) solutions. IFS will showcase its commitment to innovation and customer success by demonstrating how its Asset Lifecycle Management, Field Service Management, AssetRead More…
IFS has announced that it has completed CAN$1 billion acquisition of Copperleaf Technologies, a global leader in decision analytics. This acquisition marks a significant milestone in IFS’s strategy to accelerate growth and drive global expansion in asset-heavy industries. IFS aims to extend Copperleaf’s advanced capital investment planning solutions into newRead More…
Research from IFS, the leading technology provider of enterprise cloud and industrial AI software, has revealed the Global AI Optimism League Table. The global study Industrial AI: the new frontier for productivity, innovation and competition involved 1,700 senior decision makers from Manufacturing, Telecommunications, Aerospace & Defense, Services, Construction & Engineering,Read More…
IFS has been named as a Customers’ Choice in the 2024 Gartner Voice of the Customer Field Service Management report. This year, IFS has the additional distinction of being the only company to receive the recognition and attain a placement in the top right section of the Peer Insights Quadrant.Read More…
IFS has announced the inauguration of its regional headquarters in Riyadh. The strategic move reiterates IFS’ commitment to strengthen its position in the region and accelerate the Kingdom’s ongoing digital transformation journey. “Establishing our regional headquarters in the largest economy in the MENA region reinforces our commitment to support theRead More…
IFS has announced the acquisition of EmpowerMX. EmpowerMX is an AI-powered aviation maintenance software provider specialising in Airframe Maintenance Repair and Overhaul (MRO) solutions, which are trusted by the largest aviation organisations in the world, including Embraer, MRO Holdings, Delta and American Airlines. The acquisition reinforces IFS’s commitment to IndustrialRead More…
IFS has announced it has entered into a definitive agreement to buy Copperleaf Technologies. As the most advanced provider of AI-powered enterprise Asset Investment Planning and Management (“AIPM”) software, Copperleaf offers compelling capabilities that add further depth to IFS’s position as the foremost global Enterprise Application Software provider for AssetRead More…
