IFS Applications again named world's number one in aerospace and defense EAM software
Research and advisory firm ARC Advisory Group confirms IFS as market leader for the 8th year in a row
IFS, the global enterprise applications company, has once again been identified as the global number one vendor of enterprise asset management (EAM) software for aerospace and defense (A&D) industries by ARC Advisory Group, the leading information technology research and advisory firm for industry and infrastructure.
ARC Advisory Group has recognized IFS as the leading supplier to the global aerospace and defense industry in its most recent “Enterprise Asset Management Global Market Research Study”. According to the report, IFS has gained market share in the aerospace and defense industry in each of the last four years, growing approximately 25 percent since 2012. IFS has a strong and growing customer base in aerospace and defense including Affinity, BAE Systems, Lockheed Martin, General Dynamics, SAAB Group, GE Aviation, Royal Thai Airforce, TAE and Emirates.
“IFS has evolved from a leading European EAM supplier to become a strong enterprise solutions supplier with dedicated vertical industry software components and expertise,” Ralph Rio, Research Director for Enterprise Software, ARC Advisory Group said. "Over the last year, aerospace and defense has seen some major changes with a wave of new technology entering the industry and the next generation of military and civil aviation equipment.”
Director of the global IFS A&D Center of Excellence Graham Grose commented: "A&D product life cycles are now lasting 50 years or more and service level agreements, such as performance based logistics, are now commonplace for equipment support. EAM has become more important than ever in ensuring an organization unlocks the most value from an asset through its life. IFS EAM is agile and flexible enough to be able to track all assets in real-time, ensuring that the best service is achieved, maximizing availability and keeping mission-critical equipment operational and ready for deployment."
For more information on ARC’s findings, visit here to view an overview of the report.
Find out more about how IFS supports its aerospace and defense customers here.
Lyndsey Rojas, Analyst Relations. Telephone: 1 888 437 4968, press@ifsworld.com
Anders Lundin, Corporate Communications. Telephone: 46 8 58 78 45 00, press@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 prepare for what's next in their industry. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: IFSworld.com.
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