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 ...
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...
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...
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...
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...
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...
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...
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...
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...
