IFS AB

IFS AB
Public (OMX Stockholm: IFS)
Industry Computer software
Founded 1983 (1983)
Headquarters Linköping, Sweden
Key people
 Alastair Sorbie,
President and CEO
Products Enterprise resource planning
Revenue Increase SEK 3.0 billion (2014)[1]
Number of employees
 2,700 (2014)[2]
Website www.IFSWORLD.com

IFS AB (Industrial and Financial Systems) is a global enterprise software company headquartered in Linköping, Sweden, with 2700 employees at offices all over the world.[3] IFS provides component-based extended enterprise software for ERP, Enterprise asset management (EAM) and Enterprise service management (ESM)[4] built on SOA technology.[5] Its primary product is IFS Applications which it develops, supplies, and implements.[6][7][8]

Based in Sweden, it maintains development centers in Sweden, Sri Lanka and Poland while operating as a multinational corporation through subsidiaries in the Americas, Europe, Africa, and Asia Pacific.

IFS focuses on four core strategic processes: service & asset management, manufacturing, supply chain and projects. IFS develops, supplies, and implements IFS Applications™,[9] a component-based extended enterprise software suite built on SOA technology and layered architecture.[10] IFS provides software solutions that primarily focus on manufacturing, project-based and asset-intensive industries.[11]

IFS was recognized as the third largest vendor of enterprise asset management (EAM) software by ARC Advisory Group. ARC identified IFS as having the number one market share position in EAM for aerospace and defense, number two in oil and gas, number three in power generation and the number three spot for market share in EAM across all industries worldwide.[12] IFS was also named as a Leader in two of Gartner's Magic Quadrants: Field Service Management[13] and single-instance ERP for product-centric midmarket companies.[14]

IFS has been first or among the first enterprise software companies to realize innovations including embedded enterprise application search,[15] embedded environmental footprint management [16] and embedded social media navigational functionality.[17]

IFS, with its acquisition of 360 Scheduling, has gained some advanced artificial intelligence products, including the 360 Dynamic Scheduling Engine, and the WISE:[18] a product for companies with a mobile workforce, that helps plan the number of staff required when a new contract is taken on.[19]

IFS timeline

References

  1. ↑ http://www.ifsworld.com/en/company/about-ifs/at-a-glance/
  2. ↑ http://www.ifsworld.com/en/company/about-ifs/at-a-glance/
  3. ↑
  4. ↑ http://www.ifsworld.com/en/company/about-ifs/at-a-glance/
  5. ↑ The TOP500 of the Swedish Companies
  6. ↑ ABOUT IFS
  7. ↑ IFS
  8. ↑ http://www.ifsworld.com/en/solutions/ifs-applications/
  9. ↑ http://www.ifsworld.com/en/solutions/ifs-applications/
  10. ↑ http://www.ifsworld.com/en/sitecore/media-library/assets/2014/07/17/07/40/white-papers-ifs-applications-8-architecture-and-technology/
  11. ↑ Industries
  12. ↑ ARC Market Share Study
  13. ↑ http://www.ifsworld.com/uk/news-and-events/newsroom/2015/01/05/09/39/press-release-2015-01-05-ifs-named-leader-in-gartners-magic-quadrant-for-field-service-management/
  14. ↑ http://www4.ifsworld.com/l/5332/2015-02-05/xvd87
  15. ↑ Industry Week EAS article
  16. ↑ Canadian Manufacturing Environmental Footprint Article
  17. ↑ Information Week Social Media Article
  18. ↑ http://www.ifsworld.com/en-na/news/2012/2012-10-16-360-scheduling/
  19. ↑
  20. ↑ 360 Acquisition
  21. ↑ LatinIFS Acquisition
  22. ↑ Metrix Acquisition
  23. ↑ http://www.ifsworld.com/in/news-and-events/newsroom/2015/05/05/16/31/1000000-users-of-ifs-solutions/
  24. ↑ http://www.lifehacker.co.uk/2015/05/05/ifs-applications-9-what-you-really-need-to-know-about-the-enterprise-software-suite

External links

This article is issued from Wikipedia - version of the Thursday, April 07, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.