High-tech manufacturer Beijer Electronics selects IFS Applications
Beijer Electronics, a leading provider of high-tech industrial automation and robust data communication solutions, has chosen IFS Applications to improve and standardize business processes throughout the Group. The contract includes software licenses and services and has a total value of SKr 11.4 million.
IFS will implement IFS Applications for High-Tech Industries at Beijer Electronics. The initial phase of the project has already started, and Beijer Electronics has now decided to implement the system in the entire Group. The solution consists of IFS Applications components for finance, distribution, manufacturing, CRM, document management, project management and e-business.
Beijer Electronics selected IFS Applications after screening the market for agile, user-friendly and scalable business applications to support ambitious growth plans. The system will be implemented step by step to achieve a common platform for shared processes.
"We have high ambitions to grow organically, expand geographically and develop products with a market-driven approach. If we want to achieve this in a controlled and efficient manner, we need a modern, common business platform for the entire group," Fredrik Jönsson, CEO at Beijer Electronics said. "Utilizing best-practice industry competence from IFS, we expect to increase the quality and efficiency of our business processes to achieve our goal of profitable growth."
"Focus on selected industries is vital to our ability to deliver first-class industry solutions to customers worldwide," Glenn Arnesen, Managing Director, IFS Scandinavia said. "Beijer Electronics’ choice shows our strategy is right and contributes to building our position as a leading global vendor to the high- tech industry.
IFS expects to deliver the project within the second quarter of 2011.
The high-tech industry is one of IFS’ targeted vertical markets. IFS offers industry-specific solutions for companies in the electronic equipment, electronic component and semiconductor industries. These solutions support all business processes from design and mixed-mode manufacturing to after-sales support and warranty management. IFS’ high-tech customers include Rockwell Automation, NEC Philips Unified Solutions, NEC, Eltek, PartnerTech, Kitron, maxon motor, and Olympus Optical.
CONTACT INFORMATION
Anne Vandbakk
Phone: +47 66 90 73 00
Corporate Communications Director
anne.vandbakk@ifsworld.com
Manni Svensson
Phone: +46 8 58 78 45 00
IR & PR
manni.svensson@ifsworld.com
About Beijer Electronics
Beijer Electronics is a fast growing technology company with extensive experience of industrial automation and robust data communication, developing and marketing competitive products and solutions with focus on the user. Since its start-up in 1981, Beijer Electronics has evolved into a multinational group with offices in 16 countries and sales of 1.1 bn SEK 2009. The company is listed on the Nasdaq OMX Nordic Exchange Stockholm’s Small Cap list under the ticker BELE.
More information is available at www.beijerelectronics.se
About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2009 was SKr 2.6 billion.
More information on IFS is available at www.IFSWORLD.com
IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46 13 460 40 01 Industrial and Financial Systems, IFS AB (publ) is a limited liability company registered in Linköping, Sweden. Corporate identity number: 556122-0996
The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on Juli 8, 2010, at 09:30 p.m. CET.