IFS announced the general availability of the second of its twice-yearly IFS Cloud releases for 2023. The release is centered on capabilities that will help customers to increase productivity across their business and leverage digital technology to build agility and operational excellence. The content of this November release is aRead More…
IFS has shared the latest findings of its recent global researchpolling 2,000 senior decision-makers – VP and above – in France, Germany, Japan, Nordics, UK, USA and the UAE – across Manufacturing, Services, Telecoms, Energy & Resources, Construction & Engineering, and A&D industries.In its last overview, the company highlighted the overarching dependence on AI to create and accelerate business value from servitization. The survey points to specific executives asRead More…
IFS has announced its financial results for the year to date (YTD) ending September 30th, 2023. The company reported substantial YoY increases in annual recurring revenue (ARR) of 49 percent, cloud revenue of 54 percent, and software revenue of 37 percent, which represents an impressive 80 percent share of totalRead More…
IFS has announced that Wahaj, Saudi Arabia’s fastest-growing precision engineering & manufacturing company in the Aerospace & Defense and Oil & Gas sectors and a fully owned affiliate of Sahara International Petrochemical Company (Sipchem), has selected IFS Cloud ERP and defense manufacturing solutions. The implementation of IFS Cloud will enable Wahaj to deployRead More…
IFS is set to demonstrate the latest IFS assyst 11.7 version at GITEX Global 2023. Having analysed market trends and noted continuous feedback from customers, the new release has several innovations and enhancements that will help customers with their Enterprise Service Management (ESM) needs powered by artificial intelligence, automation andRead More…
Global cloud enterprise software company IFS has announced the appointment of Hoda Mansour as the Chief Operating Officer for Asia Pacific, Japan, Middle East & Africa (APJ, ME&A). This appointment is evidence that the company’s consistent performance, industry accolades and ambitious regional growth plans is attracting highly experienced and seasonedRead More…
IFS has released the first sets of results of its research into the role of technology in realizing business benefits and driving value as companies shift to a servitized business model. The research polled 2,000 senior decision-makers – VP and above –in France, Germany, Japan, Nordics, UK, USA and theRead More…
IFS has announced it has signed a definitive agreement to acquire Falkonry, a California-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. The AI-based, self-learning solution continuously monitors large volumes of data for assets, machines, systems, and industrial processes to discover andRead More…
IFS has announced results of its global State of Service research study of Communication Service Providers (CSPs) which uncoversthe biggest field service challenges, technology adoption plans and top focus areas for the telecommunications industry this year. From improving customer experience to compete with new market entrantstoupdating legacy service management systemsRead More…
IFS has announced its financial results for the first half of 2023 ending June 30th, with annual recurring revenue up a significant 55 percent year on year, cloud revenue up 55 percent and software revenue up 44 percent representing a 79 percent share of total revenue. Despite the continued challenges posed byRead More…
IFS has announced that it is ranked #1 in the Enterprise Asset Management market based on revenue for the second consecutive year in the Gartner, Market Share: All Software Markets, Worldwide, 2022. The company attributes its continued growth and success in EAM to its continued focus on building rich capabilitiesRead More…
IFS has announced it has signed a definitive agreement to purchase Poka, a Quebec based provider of a connected worker platform. Poka enables factory and field workers to be more efficient across all aspects of their jobs from training and development to troubleshooting. This capability enables businesses to measure productivity acrossRead More…
