IFS has announced its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for Industrial AI has driven Annual Recurring Revenue (ARR) to exceed €1 billion, with total revenue for the year at €1.228 billion. IFS FY2024 Key Results: Annual RecurringRead More…
IFS has announced the winners of its 2024 Partner of the Year Awards during the IFS 2025 Sales Kickoff in London. The awards recognize the outstanding contributions of IFS’s global partner community, acknowledging their critical role in driving innovation, growth, and success for customers across industries. Reflecting on the achievements ofRead More…
IFS has announced that Royal Ahrend, an international leader in office furniture and workspace solutions, has purchased IFS Cloud. Deployed across nineteen countries and five different production locations, the solution will enable Ahrend’s global operations to drive long-term growth, and help the company meet its ESG goals. Royal Ahrend has experiencedRead More…
IFS has announced the launch of the Copperleaf Accelerate Program. The Program enables IFS customers to transfer operational and tactical asset management data in IFS into Copperleaf’s world leading Asset Investment Planning (AIP) solution, enabling highly strategic investment planning. The off-the-shelf solution benefits IFS customers by quickly and seamlessly leveragingRead More…
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…
