IFS performance outpaces competitors with 5th consecutive year of double-digit growth
* Annual Recurring Revenue (ARR) up 57% YoY driven by bookings from new customers * Cloud revenue up 80% YoY driven by existing and new customers switching to IFS Cloud. LONDON, Jan. 25, 2023 /PRNewswire/ -- IFS, the global cloud enterprise applications company, today announced its financial...
Pressure to meet SLAs, lack of skilled workers, and the need to reach tech superiority: Field Service companies reveal their biggest challenges and bright spots in IFS State of Service 2023 research
* Nearly half (46%) of respondents struggle to meet customer SLAs * Technology superiority ranked the number one competitive differentiator, overtaking customer experience * Sustainability reaches top spot as primary focus area LONDON, Jan. 24, 2023 /PRNewswire/ --IFS, the global cloud enter...
Moment of Service
IFS CEO Darren Roos's 'Moment of Service' explores how its customers across industries execute their servitization strategy and put the Moment of Service at the heart of transformation. LONDON, Jan. 12, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced the ...
Construction machinery giant Kobelco selects IFS Cloud for greater agility and customer responsiveness
Global construction equipment manufacturer opts for IFS solution to transform business performance of entire supply chain LONDON, Nov. 1, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that Kobelco Construction Machinery CO., LTD. (Kobelco Construction Ma...
IFS positioned highest on Ability to Execute and furthest on Completeness of Vision axes in the 2022 Gartner(R) Magic Quadrant(TM) for Field Service Management
IFS is a Gartner Magic Quadrant Leader for the 7th consecutive time LONDON, Oct. 31, 2022 /PRNewswire/ -- IFS, the global cloud enterprise applications company, is proud to be named a Leader for the seventh consecutive time in the Gartner Magic Quadrant for Field Service Management. In the 2022 ...
IFS continues to deliver strong 2022 financial performance with Q3 Year-to-Date results
* Annual Recurring Revenue increases by 38% YoY * Cloud Revenue grows at 104% Vs. 2021 Q3 YTD * Third consecutive high performance quarter cements IFS leadership in core capabilities LONDON, Oct. 27, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today reported its f...
Belgian construction giant Denys opts for IFS Cloud to drive procurement, planning and growth
Arcwide to implement the solution across Belgium, France and the Netherlands LONDON, Oct. 18, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that Denys, the multidisciplinary construction and engineering group, has purchased IFS CloudTM to help drive fut...
IFS helps customers drive towards ESG goals with IFS Cloud October 2022 release
MIAMI, Oct. 13, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, has announced the latest enhancements toIFS Cloud™. The October 2022 release, part of a twice-annual release cycle of the software, contains numerous enhancements designed to help customers meet their environm...
IFS delivers connected operations for global enterprises with October 2022 release of IFS Cloud
MIAMI, Oct. 12, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, has announced theOctober 2022 release of its cloud-based solution, IFS Cloud. In this second communication from its global community event, IFS UNLEASHED, the company details new capabilities that will help gl...
IFS Cloud October 2022 release to accelerate business automation and boost companies' advanced analytics capabilities
First of four release announcements deliver IFS's vision to lead as the default Composable Enterprise Application Vendor MIAMI, Oct. 12, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced the general availability of the October release of IFS Cloud. The relea...
IFS announces winners of the 2022 Partner of the Year Awards
MIAMI, Oct. 11, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, is today announcing the winners of its Partner of the Year Awards. The annual event recognizes partners' continued dedication to the IFS Partner Program, commitment to excellence in the service(s) delivered to...
IFS announces Free IFS assyst licenses throughout 2023
Announcement made as part of IFS UNLEASHED provides free access to IFS assyst for the full year of 2023 The move will help companies accelerate process digitization and simplify workflows across the enterprise MIAMI, Oct. 10, 2022 /PRNewswire/ -- Today, IFS, the global cloud enterprise software...
IFS appoints David Spencer as Regional President IFS North America
Cindy Jaudon appointed Chief Operating Officer for IFS's Global Customer Organization MIAMI, Oct. 10, 2022 /PRNewswire/ -- IFS, the global cloud enterprise applications provider, announces the appointment ofDavid Spencer as Regional President North America. IFS's currentUSA lead Cindy Jaudon wil...
IFS appoints John Walsh as non-executive Board director
Silicon-valley based tech executive appointed as IFS further accelerates growth plans LONDON, Oct. 4, 2022 /PRNewswire/ -- IFS, the global cloud enterprise applications provider, announces thatJohn Walsh has joined its Board as a non-executive director. Following consecutive years of double-digi...
Leading gas compression company Kodiak Gas Services selects IFS Cloud to keep uptime high
New ERP, service management, and asset management capabilities set to drive operational enhancements across Kodiak's business LONDON, Sept. 29, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that Kodiak Gas Services, LLC (Kodiak), the largest privately-ow...
IFS Change for Good Sustainability Awards 2022
IFS announces winners of Change for Good Sustainability Awards LONDON, Sept. 22, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced the winners of its second annual IFSChange for Good Sustainability Awards. The awards are designed to recognize sustainability ...
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...