Stockholm Exergi selects IFS Cloud as part of its transformation to a climate-positive business

IFS to empower Stockholm Exergi with an industry-leading cloud platform unifying their assets, people and work processes

Stockholm, Sweden, November 2, 2021 – IFS, the global cloud enterprise applications company, announces that Stockholm Exergi, Stockholm’s energy company, has selected IFS Cloud™ to support its mission-critical enterprise resource planning (ERP) processes.

Stockholm Exergi ensures that more than 800,000 Stockholmers have access to heating, cooling, electricity, and waste management services. With 99% of district heating being generated from renewable or recycled fuels, Stockholm Exergi is delivering on its vision to create a climate-positive business and contribute to make Stockholm the world’s first climate-positive capital city.

To support the need for full transparency across all areas of the business, the company reached out to IFS to define an enterprise software solution that could support all current needs with a broad solution including extensive industry expertise and provide them with the flexibility to power future innovation projects.

IFS Cloud will be used by Stockholm Exergi staff & subcontractors to ensure a uniform way of working across all parts of the business. The solution will form the backbone of an entirely new way of managing core processes such as finance, human capital management, maintenance, service management, asset management and the whole supply chain. IFS Cloud with its industry-focused accelerators, and unique ability to address asset and service needs, will help Stockholm Exergi to unify their way of working, moving to a future of data-driven-decisions and full transparency across their business.  

Jimmy Renström, CIO at Stockholm Exergi said: ”Technology and IT will play a vital part in supporting the vision of making Stockholm Exergi a climate-positive business and contribute to make Stockholm the world’s first climate-positive capital city, and with IFS as partner to support our need for full transparency across all areas of our business we have a futureproof solution that offer us the flexibility we need to support our innovation journey.”

“Stockholm Exergi is an innovative company with an ambition to increase resource efficiency by optimizing and streamlining processes using renewable or recycled energy sources, which is why we are especially proud to have been selected as the company’s technology partner," added Glenn Arnesen, President, Northern and Central Europe at IFS. "IFS Cloud was designed to offer enterprises with complex business operations an uncomplicated path towards becoming more data-driven, improve innovation, and, ultimately, deliver a better Moment of Service™ to their customers. We look forward to being able to support and collaborate with Stockholm Exergi by providing them with a future-proof solution that clears their path towards increasing their sustainability.”

Learn more about how IFS supports energy and utility companies at www.ifs.com/industries/energy-utilities-and-resources/.

IFS Press Contacts information:

MEA& APJ: Adam Gillbe
Corporate Communications
Email: press@ifs.com
Phone: +44 7775 114 856

USA: Mairi Drysdale
Corporate Communications
Email: press@ifs.com
Phone: +1 520 396 2155

Europe: Marie-Christin Hansen
Corporate Communications
Email: press@ifs.com
Phone: +44 755 306 1878

About IFS

IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers—at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.