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...
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/ -- ...
IFS Named A Leader in IDC MarketScape for Worldwide SaaS and Cloud-Enabled Manufacturing ERP in 2022
LONDON, May 26, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today announced that it is positioned in the Leaders categoryin IDC MarketScape: Worldwide SaaS and Cloud-Enabled Manufacturing ERP Applications 2022 Vendor Assessment (doc#US49047922, May 2022). The company a...
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 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...
IFS acquires Customerville
LONDON, July 19, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, announces that it has acquired Customerville. Design-Driven Feedback™ technology provider, Customerville, is an award-winning feedback platform that elevates feedback and listening across the entire cust...
Businesses are not equipped to deliver on customer experience, IFS study finds
LINKÖPING, Sweden, June 30, 2021 /PRNewswire/ -- Businesses are missing out on a significant opportunity to fix internal processes and address the root causes of customer experience issues in the wake of the pandemic,research from enterprise software specialistIFS has today revealed. The global ...
IFS completes the acquisition of global Enterprise Service Management provider Axios Systems
LONDON and EDINBURGH, Scotland, June 10, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, announces that it has concluded the acquisition of Axios Systems. The transaction, which was initially announced in March 2021, combines two pioneers of the service management spa...
IFS bolsters board with Hanna Jacobsson appointment
LONDON, May 27, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications provider, announces thatHanna Jacobsson has joined its Board as a non-executive director. Following three years of successive double-digit growth, the appointment of Jacobsson indicates IFS's ambitious growth plans...
Jacqueline de Rojas CBE appointed to IFS Board
LONDON, May 13, 2021 /PRNewswire/ -- IFS, the global enterprise applications company, announces thatJacqueline de Rojas has joined its Board as a non-executive director. Following three years of successive double-digit growth, the appointment of de Rojas adds strength and depth to the IFS Board, ...
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...
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...
