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Global high-tech automotive manufacturer to deploy IFS Applications 9

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European supplier to the automotive industry selects IFS Applications 9 to future-proof operations

IFS, the global enterprise applications company, announces that a a global provider of electromagnetic components has chosen deploy to IFS Applications™ 9. The agreement includes licenses and services valued in excess of € 1.3 million.

IFS Applications 9 will be deployed globally at more than 20 sites worldwide to enhance the company’s configure-to-order (CTO) processes, enhance quality while minimizing waste, and reduce inventory by optimizing medium-term demand planning.

Peter Höhne, Vice President Sales & Marketing, IFS Central Europe said, “We are pleased to support global manufacturers with our the latest version of our enterprise applications suite. We look forward to delivering a future-proof industry solution that will help the company continue to streamline and optimize its operations.”

For more information about how IFS helps customers in the high-tech manufacturing industry, visit http://www.ifsworld.com/en/industries/high-tech-manufacturing.

Anders Lundin, Corporate Communications. Phone: 46 8 58 78 45 00, press@ifsworld.com

Frédéric Guigues, Investor Relations. Phone: 46 8 58 78 45 00, frederic.guigues@ifsworld.com

About IFS

IFS™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,700 employees. IFS supports more than 2,400 customers worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld

Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/

IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on December 21, 2015, at 10.30 a.m. CET.

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