Bloomberg:IFSB@SS

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...

2020-09-09 16:32 1624

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...

2020-07-21 16:22 16764

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...

2020-07-20 16:20 2093

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...

2020-07-13 16:54 1126

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...

2020-07-09 00:35 1466

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...

2020-06-30 21:37 862

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 ...

2020-06-26 13:42 1259

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...

2020-05-14 00:31 968

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...

2020-02-18 17:31 806

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 ...

2020-01-29 12:46 12448

IFS Completes Acquisition of Global Field Service Management Software Provider Astea International

LONDON and HORSHAM, Pennsylvania, Dec. 11, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, announces that it has concluded the acquisition of 100% of the shares of global software company Astea International (USOTC: ATEA). The transaction, initially announced in October 201...

2019-12-11 22:21 14779

IFS Dominates Legacy Vendors With 47% Increase in License Revenue and 23% Rise in net Revenue

LONDON, Oct. 21, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announces its financial results for the third quarter and year-to-date (YTD) 2019, endingSeptember 30, 2019. A remarkable 23% increase in net revenue YTD has IFS yet again outpacing the market by a facto...

2019-10-21 21:51 8515

IFS Lays out Blueprint for New era of Intelligent and Autonomous Enterprise Solutions

BOSTON, Oct. 9, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today unveiled its evolved industry-focused architecture at IFS World Conference 2019 inBoston. Faced with uncertainties driven by the pressures of digital transformation and threats of disruption, businesses a...

2019-10-09 22:38 1131

IFS Delivers New User Experience and APIs to Power its Open and Enabled Enterprise Application Suite

BOSTON, Oct. 8, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announces the availability of major application innovations that redefine the meaning of `open' in service management, enterprise resource management (ERP), and enterprise asset management (EAM). To streng...

2019-10-08 23:52 555

IFS and Astea International Announce Definitive Agreement to Strengthen Global Leadership in Field Service Management Business

LONDON and HORSHAM, P.A., Oct. 8, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announced it has signed a definitive agreement to purchase global software company Astea International (USOTC: ATEA). The transaction will enable the combined company to serve more custom...

2019-10-08 21:16 12348

SportPesa Racing Point Formula 1 Team Selects Software From IFS to Advance Team Operations

LONDON, Sept. 20, 2019 /PRNewswire/ -- SportPesa Racing Point F1 Team is delighted to begin a multi-year partnership withIFS, the global enterprise applications company. Going forward, IFS's cloud-based ERP software will underpin the team's racing operations and back-office needs as the team con...

2019-09-20 16:41 1972

IFS Reports 48% Increase in License Revenue and 85% Adjusted EBITDA Growth in First Half of 2019

- IFS increases revenue guidance for 2019 to 6.35 billion SEK (equivalent to US $711 million) representing 21% YoY growth LONDON, July 18, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for the second quarter and first half of 2019 tha...

2019-07-18 16:43 12161

Outstanding Performance Continues: IFS reports 67% Increase in License Revenue and 69% Adjusted EBITDA Growth

LINKÖPING, Sweden, April 24, 2019 /PRNewswire/ -- IFS, the global enterprise applications company, today announced its financial results for the first quarter that endedMarch 31, 2019. IFS CEO Darren Roos commented, "Our customer obsession continues to drive our financial results as we once more...

2019-04-24 16:16 5621

IFS Net Revenue Soars Beyond $600M in 2018 on Skyrocketing Cloud And License Sales

LINKÖPING, Sweden, Jan. 29, 2019 /PRNewswire/ -- * Cloud and SaaS revenue increase of +300% YoY  * Net revenue leapt 23% YoY to $606M  * License revenue up 22% YoY, driven by organic growth in the business * Maintenance revenue up 13% YoY * Consulting revenue up 10% YoY * A solid invest...

2019-01-29 16:35 11176

IFS World Conference 2019 to take place in Boston on October 7-10, 2019

LINKOPING, Sweden, Oct. 10, 2018 /PRNewswire/ -- IFS , the global enterprise applications company, is excited to announce the dates and venue for IFS World Conference 2019. Attracting customers and partners from across the global IFS ecosystem, ...

2018-10-10 21:18 865
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