IFS's Q1 hits significant markers with recurring revenue over 80% of software revenue, cloud revenue growth at 102% and representing over 50% of recurring revenue
LONDON, April 27, 2021 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for the first quarter-January to March of 2021. After a strong 2020, Q1 results point to a continuation of the growth trajectory across the entire business and specificall...
IFS outlines multi-year sustainability strategy
LONDON, April 22, 2021 /PRNewswire/ -- IFS today announces its promise to sustainability through a plan to improve the company's own operations, enable customers to achieve their sustainability goals, as well as influence the industry at large to improve its accountability to our environment. IFS...
Johan Made appointed Chief Commercial Officer at IFS
IFS bolsters Executive Leadership Team to continue growth momentum LONDON, April 15, 2021 /PRNewswire/ -- IFS today announces the appointment of Johan Made as Chief Commercial Officer. In the newly created role, Made will be responsible for driving IFS's growth strategy through inorganic investme...
IFS acquires Axios Systems
LONDON, March 22, 2021 /PRNewswire/ -- IFS, announces it has signed a definitive agreement to purchase Axios Systems PLC, a global provider of cloud-based Enterprise Service Management (ESM) software. Recognized as a leader in IT Service Management (ITSM) and IT Operations Management (ITOM), Axi...
IFS launches IFS Cloud
- IFS Cloud brings all IFS's industry capabilities and functionality depth together on a single API-based platform - Embedded digital innovation will deliver fast time-to-value and new capabilities, whether customers chose best-of-breed or the entire IFS Cloud platform - Built for the cloud, bu...
IFS is Recognized as a 2020 Gartner Peer Insights Customers' Choice for Cloud ERP for Product-Centric Enterprises
LONDON, Dec. 17, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, has been named a 2020 Gartner Peer Insights Customers' Choice for cloud enterprise resource planning (ERP) for product-centric enterprises. Gartner defines a product-centric cloud ERP suite as a set of products ...
Groupe Beneteau looks to IFS for its new ERP mainstay
LONDON, Nov. 17, 2020 /PRNewswire/ -- The manufacturer of pleasure boats, Groupe Beneteau (including BENETEAU, JEANNEAU, LAGOON, EXCESS, PRESTIGE, FOUR WINNS, WELLCRAFT, DELPHIA) has chosen afully integrated enterprise resource planning (ERP) platform from IFS, the global enterprise applications ...
IFS acquires Clevest
LONDON, Nov. 2, 2020 /PRNewswire/ -- IFS announces it has completed the acquisition of Clevest Solutions Inc., the leading provider of mobile workforce management and advanced network deployment solutions in the utilities vertical. This acquisition extends IFS's leadership in service management s...
Call it what you want, digital transformation is still fundamentally human, IFS study finds
LONDON, Oct. 29, 2020 /PRNewswire/ -- The human factor is widely recognized as an essential component to digital transformation success. In fact, over a quarter (27 percent) of companies acknowledge that despite being key, people are often overlooked when planning and executing transformative pro...
IFS's recurring revenues up 41 percent YoY for Q3 YTD, now representing 82 percent of the group's overall software revenue
- IFS extends service management leadership with 86 percent growth for Q3 YTD in service license bookings LONDON, Oct. 22, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for Q3 year-to-date of 2020, encompassing January-September. Th...
Cultural misalignment and poor vendor advice among top reasons for digital transformation derailment, IFS study finds
LONDON, Sept. 9, 2020 /PRNewswire/ -- As digital transformation spend is increasing around the world, businesses look for technology vendors whose ethics (29 percent) and culture (23 percent) align with their own. Interestingly, these considerations trump innovation in the ranking of desirable t...
IFS Reports Strong H1 Financial Results: for the first time >50% of total revenue came from Field Service Solutions
LONDON, July 21, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for the first half of 2020 that endedJune 30, 2020. The results validate IFS's business strategy, which delivered a 26% growth in software revenue. In the midst of the mos...
Panasonic Ensures Customer Experience Consistency With IFS Remote Assistance
LONDON, July 20, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, announces thatPanasonic Appliances Air-Conditioning Europe, a leading provider of heating and cooling solutions, has chosenIFS Remote Assistance™, to enable installers, field technicians, engineers and customer...
Carlsberg Taps Field Service Management Solution From IFS to Brew up Excellence
LONDON, July 13, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, announces thatCarlsberg, one of the world's leading brewery groups, has chosen to deployIFS Field Service Management™ (FSM) for its European service organization, comprising sites inDenmark, Sweden, Norway, Fin...
IFS Named a Leader in the Gartner 2020 Magic Quadrant for Field Service Management
LONDON, July 9, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, sees the most recent placement in the Gartner Magic Quadrant forField Service Management* (FSM) as a testament to its long-term product investment strategy and singular customer focus. Since 2014, IFS has been r...
70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid Pandemic, IFS Study Says
LONDON, June 30, 2020 /PRNewswire/ -- Today's macro-economic disruption has failed to dampen digital transformation plans, with 52 percent* of companies stating they willincrease their spending on digital transformation, according to a global research study fromIFS. While many people might assum...
IFS Named a Visionary in Gartner Magic Quadrant for Cloud ERP for Product-Centric Enterprises Report
- IFS recognized for completeness of vision and ability to execute LONDON, June 25, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, announces that IFS has been named a Visionary in Gartner's Magic Quadrant for Cloud ERP for Product-Centric Enterprises* for its extended ERP ...
Servitization Favors the Bold: Survey Reveals Major Gaps Among Production-oriented Companies
- Servitization adopters show service revenue 30% larger than peers and 5X more opportunity to accelerate annual top line growth above 5% LONDON, May 14, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, reveals the findings of the first edition of theIDC Servitization Barome...
Boomi's Data Integration Platform Offers Next-level Connectivity to IFS's Customers With 200 Pre-built Connectors
IFS's business applications for FSM, ERP and EAM can now connect large and fast-changing data pools using Boomi's integration capabilities LONDON, Feb. 18, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its new partnership withBoomi™, a Dell Technologies™ b...
IFS Outpaces the Market in 2019 With Unrivaled 32% Growth in Both License Revenue and EBITDA
LONDON, Jan. 29, 2020 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for the full year endedDecember 31, 2019. In a year where industry veterans Oracle, SAP and Infor made changes to their executive leadership and experienced modest growth ...
