Endeavor Energy Resources, L.P. to unite 10 divisions on IFS Applications for oilfield services ERP

IFS’s enterprise resource planning (ERP) system to facilitate business growth across both field service and manufacturing operations London, December 3, 2019 – IFS , the global enterprise applications company, announces that Midland, Texas-based Endeavor Energy Resources L.P.  has purchased IFS Applications™  as the new ERP system of record for its oilfield services division.Endeavor Energy Resources, L.P. (“Endeavor”) is one of the top 10 oil and gas producers in Texas’s Permian

IFS named a Leader in IDC MarketScape for field service management

Industry analyst recognition comes on the heels of strong growth with IFS’s field service management license revenue increasing by 119% in H1 2019 London, November 19, 2019 – IFS , the global enterprise applications company, has been positioned as a Leader in the IDC MarketScape: Worldwide Manufacturing Field Service Management Applications 2019 Vendor Assessment*.IFS has driven significant organic growth of its FSM business, with H1 2019 license revenues increasing by 119% compared to H1 2018. With the recent announcement to acquire Astea 

Nearly 90 percent of companies have sights set on artificial intelligence investment, IFS study reveals

Increasing employee productivity a key focus for AI investments, but success requires disruption to current business strategy to reap rewards London, November 14, 2019 – IFS , the global enterprise applications company, today announces the findings of a global research study into the attitudes and strategies towards artificial intelligence (AI) among business leaders.The study polled 600 business leaders worldwide and a broad spectrum of industries involved with their companies’ enterprise technology including enterprise resource planning (ERP), enterprise asset

IFS dominates legacy vendors with 47% increase in license revenue and 23% rise in net revenue

IFS sees six consecutive quarters of growth above 20% and moves to lead the field service market following Astea acquisition London, October 21, 2019 – IFS , the global enterprise applications company, today announces its financial results for the third quarter and year-to-date (YTD) 2019, ending September 30, 2019.A remarkable 23% increase in net revenue YTD has IFS yet again outpacing the market by a factor of three. IFS’s latest financial results inspire further confidence in the company’s ability to win market share from the legacy vendors and retain

IFS lays out blueprint for new era of intelligent and autonomous enterprise solutions

· Evolved architecture for service management, enterprise resource management (ERP) and enterprise asset management (EAM) for rapid innovation · Previews technologies to power augmented/mixed reality-powered remote assistance, digital twins and predictive maintenance Boston, October 9, 2019 – IFS , the global enterprise applications company, today unveiled its evolved industry-focused architecture at IFS World Conference 2019 in Boston.Faced with uncertainties driven by the pressures of digital transformation and threats of disruption, businesses around the

IFS delivers new user experience and APIs to power its open and enabled enterprise application suite

· State-of-the-art user experience for the complete application suite across all form factors, powered by new native API model · Joins OpenAPI initiative with 15,000+ OData-based restful APIs across portfolio · Product and industry updates, including support for cloud-based International Traffic in Arms (ITAR) compliance initiatives Boston, October 8, 2019 – 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 (

IFS maximizes customer value throughout lifecycle with new success services

Reimagined service portfolio, infrastructure, and methodologies underpin IFS’s commitment to customer value and choice throughout the entire lifecycle Boston, October 8, 2019 – IFS , the global enterprise applications company, today reaffirms its unwavering focus on customer value by revealing its new success service offerings. Part of IFS’s holistic approach to customer success, the new service and support offerings are engineered to deliver maximum value while ensuring predictable costs, timelines, and business outcomes to customers anywhere in the world.For

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

Combined company will have strengthened leadership position in Field Service Management (FSM) by integrating two of the most established and well recognized players in the market  London, United Kingdom and Horsham, Pennsylvania, October 8, 2019 – 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 customers in more markets, through a broader network of the best talent and partners in the

SportPesa Racing Point Formula 1 Team selects software from IFS to advance team operations

London, September 20, 2019 – SportPesa Racing Point F1 Team  is delighted to begin a multi-year partnership with IFS , 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 continues on its journey towards the front of the grid.Any business needs intelligent business tools to help manage resource allocation and this is especially true in the fast-paced world of Formula 1. Efficiency and speed are needed in all areas of the

SPIE Nederland selects comprehensive cloud ERP solution from IFS to consolidate its IT landscape

Solution targets enhanced operations with workforce scheduling to drive efficiencies for 4,500+ SPIE Nederland staff London, September 10, 2019 – IFS , the global enterprise applications company, announces that SPIE Nederland , the Dutch subsidiary of SPIE Group, the independent European leader in multi-technical services in the energy and communications sectors, has selected IFS Applications™ , IFS Planning and Scheduling Optimization™ 

IFS EXPANDS REGIONAL HQ IN SINGAPORE

GLOBAL EBITA DOUBLES IN H1 2019 & YEAR-END REVENUE GUIDANCE UP 21% TO 711M USDNew IFS management’s partner-focus strategy and “Challenger” value proposition accelerates IFS performance within a year, outperforming the global plan to be a 1Bn USD revenue company in 3 years.  Singapore’s IFS regional headquarter poised to achieve highest growth, relocating to Suntec Tower 2 with 25% headcount increment across APJMEA and new senior management appointments to capture market share in Singapore. On 6 March 2019, IFS moved to Suntec Tower 2 (#27-02) on 9 Temasek Boulevard after a record-

Cryostar relies on IFS to drive its digital transformation in France and abroad

IFS Applications 10 will be deployed across Cryostar’s locations in France the United Kingdom, the United States, China, and Singapore London, September 2, 2019 - IFS , the global enterprise applications company, announces that is has been chosen by the French company Cryostar  to optimize the efficiency of its business processes.As an expert in advanced technologies for applications in Medical and Industrial Gas, Clean Energy, LNG (Liquified Natural Gas) and Hydrocarbons, for more than five decades, Cryostar has specialized in designing and

Global manufacturer Primo rings in its 60th year in operation with IFS Applications in the cloud

IFS cloud solution to help plastics manufacturer digitalize key business processes across its production sites in Europe and Asia  London, August 19, 2019 – IFS , the global enterprise applications company, announces that the Primo Group , an international manufacturer of plastic profiles, has chosen IFS Applications™ 10  in the cloud to unify all mission-critical business processes in one comprehensive and user-friendly solution.Primo is a global company that specializes in

Resolute Mining digitizes business with IFS Applications in the cloud

IFS enterprise resource planning solution supports Resolute’s mission-critical business processes across Australia and Africa London, August 14, 2019 – IFS , the global enterprise applications company, announces that Resolute Mining Limited , a multi-mine, low-cost gold producer, has completed the first phase of an IFS Applications™  enterprise resource planning (ERP) deployment to digitize and integrate its business operations.The ERP deployment replaces a number of

Rolls-Royce selects IFS to unlock new data insights on aircraft engines

IFS will ensure optimized maintenance scheduling, service and product development through simplified access to Rolls-Royce Trent engine data London, August 7, 2019 – IFS , the global enterprise applications company, announces that Rolls-Royce  has chosen IFS Maintenix™  for exchanging engine data with airlines operating Rolls-Royce Trent engines, including the Trent 1000, Trent XWB and Trent 7000. With a long list of world-leading airlines operating with its engines, the

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 growthLondon, July 18, 2019 – IFS , the global enterprise applications company, today announced its financial results for the second quarter and first half of 2019 that ended June 30, 2019.“When I look back at Q2 2018, which was my first full quarter with IFS, I am proud of the results we achieved. Reflecting on Q2 of this year, I’m simply blown away by what we accomplished together as we focused on delivering sensible solutions to our customers,”

IFS celebrates customer success with inaugural Challenger of the Year Awards

The IFS Partner of the Year Awards launches in parallel to celebrate the strength of the IFS Partners ecosystem London, June 25, 2019 – IFS , the global enterprise applications company, introduces the IFS Challenger of the Year Awards 2019 in recognition of the greatest achievements among customers in using IFS solutions to gain a competitive advantage or create value through innovation. Running for the third year in succession is the IFS Partner of the Year Awards 2019 that showcases the positive impact IFS partners have in delivering value to IFS customers.

IFS and Acumatica to form global cloud ERP powerhouse under EQT ownership

EQT Partners acquisition paves the way to a top 5 ERP entity London, UK, and Bellevue, WA, June 19, 2019 — EQT Partners, a leading investment firm with $45B (€40B) of assets under management, has announced  the signing of a definitive agreement to acquire cloud-native enterprise software provider Acumatica through an investment vehicle owned by the same holding company that holds IFS AB (Industrial and Financial Systems). To further reinforce this coalition, following the closing of the transaction Jonas Persson will serve as chairman for both companies.

Aeronautical maintenance specialist Revima turns to IFS to deploy best-practice aviation MRO processes globally

Nearly 1,000 Revima staff to leverage IFS Applications™ 10 at state-of-the-art maintenance facilities in France and Thailand London, June 17, 2019 – IFS , the global enterprise applications company, and Revima , a leading independent aviation MRO (maintenance, repair & overhaul) solutions provider specialized in APUs, engine parts and landing gear for civil and military aircraft, announce the selection of IFS Applications 10  to drive Revima’s international expansion and

IFS to power Kamstrup’s ambitious revenue growth plans

IFS Applications™ 10 in the cloud to ensure global scalability as leading smart metering provider Kamstrup takes aim at global business expansion London, June 13, 2019 – IFS , the global enterprise applications company, announces that Kamstrup , one of the world’s leading suppliers of intelligent energy and water metering solutions, has decided to implement a comprehensive ERP solution from IFS throughout the organization to support its aggressive growth.After an evaluation phase of almost a year, Kamstrup has selected IFS to

Tietex, a world leader in non-woven fabric manufacturing, licenses IFS Applications to prepare for AI, robotics, improved customer experience

Global ERP will empower 600 global manufacturing employees with robust functionality delivered through the Microsoft Azure cloud IFS , the global enterprise applications company, has signed a contract with Tietex International  to license IFS Applications™   for enterprise resource planning (ERP) at its Spartanburg, SC headquarters and its Tietex Asia subsidiary in Laem Chabang, Thailand.Tietex’s management team unanimously selected IFS Applications on the Microsoft Azure cloud

Oil and gas service provider Yinson looks to new horizons with IFS Applications 10

Leading offshore service provider chooses IFS to drive digital transformation London, May 28, 2019 – IFS , the global enterprise applications company, announces that Yinson , one of the world’s leading Floating, Production, Storage and Offloading (FPSO) operators, has chosen to upgrade to IFS Applications™ 10  in order to digitalize core processes.Headquartered in Kuala Lumpur and operating mainly in Asia and Africa, Yinson has been running IFS Applications since 2015 to

Digital health & care leader Tunstall modernizes IT landscape with comprehensive IFS cloud solution

IFS Applications 10 to replace legacy business systems across Tunstall’s global organization London, May 21, 2019 – IFS , the global enterprise applications company, announces that Tunstall , the market-leading provider of innovation-led digital health & care solutions, has selected IFS Applications™  as its enterprise resource planning (ERP) system of record.Established in the UK in 1957, Tunstall has grown to become a global organization and the market-leading provider

High-tech manufacturer Swan takes flight with IFS Applications in the cloud

Comprehensive IFS solution to improve business processes across 14 sites in 12 countries in Europe, North America, Africa, the Middle East, and Asia London, May 6, 2019 – IFS , the global enterprise applications company, announces that Switzerland-based Swan Analytische Instrumente AG  (Swan), a leading provider of online analytical systems in the water industry, has decided to replace its legacy business system with a comprehensive, cloud-based ERP suite from IFS.Based in Hinwil, Switzerland, Swan designs cutting-edge technology for