Cleantech company Hitachi Zosen Inova selects IFS Cloud to support global transformation project
IFS solution will provide Hitachi Zosen Inova with full support for construction, operation & maintenance of sustainable energy plants LONDON, Sept. 13, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that global cleantech companyHitachi Zosen Inovahas sel...
IFS: Almost a third of energy companies' digital transformation efforts driven by need for tighter integration and collaboration
But nearly three-in-ten oil, gas and utility companies say inability to define and measure ROI remains a barrier to adoption LONDON, Sept. 8, 2022 /PRNewswire/ -- More than three-in-ten (31%) oil, gas and utility organisations worldwide cite tighter integration and collaboration across functions...
IFS reports sharp increase in ARR + 33% YoY supporting a shift in the revenue mix with 71% of Total Revenues YTD now being Recurring
* ARR uplift driven by a rapid increase in the share of Cloud* (68% of ACV) and Subscription (78% of ACV) YTD. * Software Revenues YTD representing 76% of Total Revenues LONDON, July 26, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today reported its financial resul...
Latest IFS assyst Release Automates and Enhances Visibility into Complex Enterprise-Wide Cloud Environments to Drive ROI
IFS introduces new automated discovery tool for better CMDB management, enabling organizations to maximize utilization, improve asset data accuracy, boost compliance, and drive adoption and better user experiences LONDON, July 7, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software com...
IFS acquires ULTIMO
* IFS extends leadership in the EAM software space with ULTIMO's impressive product capabilities and customer base, and expert team. * ULTIMO's SaaS offering differentiated by fast time to value, high levels of flexibility and configurability LINKÖPING, Sweden, July 5, 2022 /PRNewswire/ -- IF...
Mark Moffat appointed Chief Customer Officer at IFS
IFS strengthens Executive Leadership Team and focus on Customer Experience and Success Services. LONDON, July 4, 2022 /PRNewswire/ -- IFS today announces the appointment of Mark Moffat as Chief Customer Officer. In his role, Moffat will ensure that all aspects of IFS's Customer Experience and Su...
Large enterprises, forced to innovate by supply chain disruption, see costs and complexity ramp up
66% of such organizations globally keeping more stock on hand; 70% increasing supplier numbers and 72% sourcing more from domestic suppliers LONDON, June 30, 2022 /PRNewswire/ -- Two-thirds (66%) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandem...
Global energy service provider Interwell upgrades to IFS Cloud to digitalise and drive dynamic growth
IFS solution will support company transformation and deliver faster access to innovations to drive enhanced performance LONDON, June 23, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that global energy services company, Interwell, has chosen to upgrade i...
IFS listed as #1 in Gartner® Global EAM Market Share 2021 By Revenue
* IFS ranked first in EAM market share by revenue - compared to SAP, IBM, Infor and Oracle - with 18% share and 29.1% growth YoY * IFS set to strengthen leading position with enterprise asset management (EAM) Business Unit expansion and senior appointment LONDON, June 8, 2022 /PRNewswire/ -- ...
BW Energy chooses IFS to drive global oilfield development
IFS solution will help support the operator's growth strategy, deliver operational efficiencies, and limit emissions LONDON, May 31, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that BW Energy, a global oil and gas Exploration and Production (E&P) compa...
IT services giant Centric selects IFS Cloud and Eqeep to centralize operations and drive growth across Europe
LONDON, May 12, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that multinational IT services company,Centric has selectedIFS Cloud™ to advance its digital transformation and centralise its IT environment. IFS solution partnerEqeep, will implement and sup...
IFS delivers exceptional first quarter performance with ACV bookings up 78% and recurring revenue up 45%
* Surge in demand for cloud pushes Q1 cloud revenue up 67% year on year * Share of recurring revenue now at 70% of total revenue * Software revenue growth is up 25% year on year * Investment from Hg in IFS & WorkWave at a value of $10bn reinforces differentiated positioning and market oppor...
Hg joins EQT and TA Associates as investors in IFS and WorkWave
* Hg will become a significant minority investor, in a transaction valuing IFS and WorkWave at$10bln USD. * EQT to remain the majority shareholder, with TA as a significant minority shareholder. * EQT, Hg, and TA will form a trio of world-class investors with decades of software experience,...
Japan Airlines engineering division selects IFS solution for aircraft fleet maintenance
* JAL Engineering Co., Ltd. to deploy IFS aviation maintenance solution in the cloud to modernize long range maintenance planning for its nearly 200 aircraft fleet * Announcement continues IFS expansion of its commercial aviation MRO footprint acrossAsia-Pacific and globally TOKYO,...
IFS delivers another market beating year with software growth at 22%
LONDON, Jan. 25, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced its financial results for the full year endingDecember 31, 2021. The company saw a 22% growth in software revenue in 2021, with cloud revenue going strong at a 105% increase year on year des...
IFS promises simplicity, affordability, and speed to value with enterprise-wide workflow management with latest IFS assyst release
LONDON, Nov. 30, 2021 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced the launch of IFSassyst 11.4. This latest update is set to deliver the ability for companies to adopt and deploy workflow technology more broadly within their business. A single pricing model,...
Latest update to IFS Cloud adds new functionality and simplifies composable application deployment
LONDON, Oct. 21, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, today announced the latest update toIFS Cloud™, which is now generally available. IFS's twice annual release cycle allows customers to constantly evolve their solution without the need for big upgrades or...
IFS extends Boomi integration capabilities for IFS Cloud
LONDON, Oct. 12, 2021 /PRNewswire/ -- Following the initial success of the partnership between global cloud enterprise applications companyIFS and leading cloud-based iPaaS providerBoomi, IFS is now unveiling enhanced connectivity to empower IFS Cloud customers to accelerate time to value. The...
IFS Field Service Management named a Leader in the 2021 Gartner® Magic Quadrant™ for sixth consecutive time
LONDON, Sept. 9, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, is proud to be named a Leader for the sixth consecutive time and positioned furthest for its completeness of vision in the Gartner Magic Quadrant for Field Service Management 2021*. The company attributes...
IFS growth trajectory continues with software revenue growth at 20% for H1, driven by impressive rise in cloud adoption
LONDON, July 22, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, today announced its financial results for the first half of 2021. After a strong Q1, H1 is evidence that the company is successfully executing its growth strategy and pursuing its transformation into a le...
