IFS named a “Leader” in Gartner’s Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies

IFS, the global enterprise applications company announces today that it has been named as a leader in the Gartner Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies for its product IFS Applications 8™.

Gartner identifies those companies in the leaders’ quadrant as follows, “Midmarket ERP leaders’ products have deep and robust functionality that address a range of core user requirements. Not necessarily the largest vendors in terms of revenue, these vendors have proven products, a track record of customer success and demonstrated momentum in growing their market presence, as well as a clearly communicated strategy to develop their current products into a next-generation application without causing too much disruption when adopted by their customer bases.”

“We are very pleased to be recognized as a leader in this industry sector,” IFS President and CEO Alastair Sorbie said. “Successfully launching IFS Applications 8 in 2012 has enabled our customers to benefit from many product improvements in such areas as user experience, mobile workforce, business intelligence, cloud computing, and global business. Our customers are able to benefit from world class implementation and support directly with IFS on a global basis, or through our growing partner ecosystem of global systems integrators.”

“We believe our overall strategy, steadfast focus on quality, and offering our customers true business value is gaining traction in the market and being validated by commentary within the industry, such as this Gartner Magic Quadrant, our continued customer loyalty, and our recent results announced in July,” Sorbie continued.

*Gartner, Inc., Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies Christian Hestermann, et al. Date: September 11, 2013.

Contact Information
Mark Boulton
Telefon: 44 1494 428900
Chief Marketing Officer
press@ifsworld.com

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

About IFS

IFS™is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,100 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2012 was SKr 2.7 billion.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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About Us

IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with a commitment to delivering value to every one of our customers, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 3,700 employees and growing ecosystem of partners support more than 10,000 customers around the world challenge the status quo and realize their competitive advantage. Learn more about how our enterprise software solutions can help your business today at ifs.com

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“We are very pleased to be recognized as a leader in this industry sector. Successfully launching IFS Applications 8 in 2012 has enabled our customers to benefit from many product improvements in such areas as user experience, mobile workforce, business intelligence, cloud computing, and global business. Our customers are able to benefit from world class implementation and support directly with IFS on a global basis, or through our growing partner ecosystem of global systems integrators.”
IFS President and CEO Alastair Sorbie