IFS stories

Stolthaven is rolling out more Ultimo tools to unify global terminal maintenance, tighten safety controls and embed AI into daily workflows.

Ultimo appoints Philip Neal as Chief Revenue Officer to drive global growth and AI-augmented EAM strategy across North America, EMEA and APAC.

IFS partners with Siemens and Boston Dynamics to deploy AI and robotics, enhancing efficiency and tackling labour shortages in energy, manufacturing and utilities.

IFS reports 22% growth in annual recurring revenue as global industries rapidly adopt its Industrial AI software in mission-critical operations.

IFS appoints Mihita Podobnik as Chief People Officer to lead global people strategy during its international expansion in Industrial AI.

IFS has acquired London-based 7bridges, enhancing its AI-driven supply chain tools to cut costs and boost logistics efficiency across industry sectors.

IFS's cloud revenue surged 37% in H1 2025 as it advances €15bn industrial AI push, with 130 new clients and recurring revenue now 82% of total income.

IFS has been recognised as a leader in manufacturing ERP and remanufacturing software by IDC MarketScape, highlighting its tailored solutions across industries.

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.

IFS acquires EmpowerMX, enhancing AI-driven aviation MRO solutions for major airlines. This merger promises bolstered capabilities, innovation, and industry leadership.

A new IFS study shows only 20% of utilities firms have completed digital transformation, despite AI being a top priority.

Claroty appoints Jason Pearce as Field CTO for Asia Pacific and Japan, marking significant regional growth and a commitment to securing critical infrastructure.

Boomi's latest global study, sponsored by IFS and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.

IFS has signed an agreement to acquire Copperleaf Technologies, aiming to finalise by Q3 2024. The move enhances IFS's AI-driven asset management capabilities.

IFS launches IFS Cloud 24R1, enhancing operational effectiveness, profitability, and sustainability for asset and service-focused firms with advanced AI features.

IFS has secured its third consecutive year as the market leader in Enterprise Asset Management software, achieving a 20.3% share and US$452 million in revenue.

Merlin Knott has been appointed as President of IFS Enterprise Service Management business, aiming to elevate customer success and maximise potential in the enterprise service management sector.

Outdated technology and lack of understanding at board level could be causing enterprises to miss out on advantages of modern software.

Outdated technology and a lack of Board-level understanding is causing companies to miss transformational opportunities, according to new global research from IFS and IDC.