IFS Applications by IFS

Founded in 1983, IFS (OMX STO: IFS) provides component-based enterprise applications, developed using open standards, for mid-sized and large organizations. The IFS Applications software is installed in over 60 countries in about 20 languages. IFS has more than 2,600 employees worldwide and over 800,000 users across the following vertical sectors:

• aerospace and defense
• automotive
• construction, engineering, and service management
• energy and utilities
• oil and gas
• high tech, including life sciences
• industrial manufacturing
• process industries, including chemicals, food and beverage, metal, and pulp and paper

Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. IFS Applications' service-oriented architecture (SOA) is designed to help companies collaborate with partners, suppliers, and customers. IFS Applications are a comprehensive business system for mid-sized and large organizations. IFS focuses on agile businesses where any of the following four processes are strategic:

• service and asset management
• manufacturing
• supply chain
• projects

In addition to the processes that are supported by all business systems, such as finances, inventories, traditional manufacturing, and customer management, IFS Applications support the entire lifecycle of products from construction to maintenance and aftermarket services.

For more information, visit the company's Web site

http://www.ifsworld.com/

or the product homepage

http://www.ifsworld.com/solutions2/ifs_applications/

IFS Applications Summary

IFS Corporate Info

IFS Related Articles

ERP Showdown: A Case Study Lawson M3 vs. mySAP ERP vs. IFS Applications
by Dylan Persaud
I'm Dylan Persaud, senior research analyst at Technology Evaluation Centers. Today, we are pleased to present a different kind of Vendor Showdown, one based on an actual enterprise resource planning (ERP) evaluation and selection conducted by one of the world's largest producers of construction materials and building products. This showdown features SAP, Lawson, and IFS in a head-to-head contest to win the business.

EAM Showdown! IFS vs. Mincom vs. CHAMPS
by Sadat Zaman
Using our EAM Evaluation Center, we compared Mincom Ellipse, CHAMPS, and IFS head-on. For the overall rankings, we looked at the vendors in two basic configurations: with back-office (HR and financials) functionality, for a total of eight main modules, and without, for a total of six main modules. To eliminate any chance of bias, and to ensure a level playing field, all 3,146 criteria comprising the modules and submodules in the EAM request for information (RFI) were given equal weight and priority.

Nimble Enterprise Applications Vendor Faces Stiff Challenges in A Competitive Environment
by P.J. Jakovljevic
Despite intensifying competition in the enterprise applications market, IFS likes its chances. IFS has released the seventh generation of its component-based applications, while competitors are still on their first, or second at best. Nevertheless, IFS has a tough road ahead.

Resilient Enterprise Solutions Vendor Displays Sociability and Pragmatic Product Development
by P.J. Jakovljevic
During its stabilization phase IFS product development has brought about pragmatic developments, including its latest release, IFS Applications 7. The vendor has also been surging forward by harnessing new partnerships, including turning high-profile customers into developers and subsequent resellers

Enterprise Applications Vendor Reverses Fortunes - But Will Perseverance and Agility Be Enough?
by P.J. Jakovljevic
With seven consecutive profitable quarters, a feat unprecedented in the company's recent past, IFS enters a new phase of sustained profitable growth, along with its new chief executive officer. However, there are some challenges that just will not go away.

IFS Continues Its Reinvention through Pruning Part Three: Market Impact and User Recommendations
by P.J. Jakovljevic
By selling CAD and payroll applications, IFS may not only control potential damage but also "kill two birds with one stone" by 1) leveraging Bentley's and Personec's commitment to a true partnership and product integration to boost both parties’ license sales, while streamlining its own operations; and 2) obtaining some equity, however little, as to improve its balance sheet.

IFS Continues Its Reinvention Through Pruning Part Two: Background, Challenges, and Response
by P.J. Jakovljevic
IFS could be an object case of how a great product (in terms of functionality scope and technological foundation) and knowledgeable employees are only part of the wholesale success in the finicky enterprise resource planning (ERP) market.

IFS Continues Its Reinvention Through Pruning Part One: Event Summary
by P.J. Jakovljevic
Is selling-off of its Brazilian subsidiary and of tangential CAD and payroll applications a sign that IFS is grasping the realities of a mature enterprise applications market, which requires, among many other things, finding a perfect balance between cultivating the install base versus the zeal for hitching brand new customers?

IFS To Be At Customers' (Web) Service Part 2: Market Impact & User Recommendations
by P.J. Jakovljevic
Look for IFS’ increased visibility within its market segments of focus, as shown by its continued growth. The company with its broadened product offering and anticipation of recent market trends, is now in the rear mirror of Tier 1 vendors.

IFS To Be At Customers' (Web) Service
by P.J. Jakovljevic
IFS invested heavily in both product development and worldwide growth infrastructure for a few years, now with that infrastructure in place, the company’s financial position has improved. This balancing of expenditures to promote global growth and improved cash flow has long been IFS’ mixed blessing conundrum. As the bigger vendors will intensify their mid-market aspirations, IFS continues to increase its marketshare worldwide, particularly in mid-market.

Collaborative Commerce: ERP, CRM, e-Proc, and SCM Unite! A Series Study: IFS - Part 2 of 2
by Randy Garland
IFS needs to bolster its brand awareness, and let the world know that they are, in fact, a real contender in the Collaborative Commerce space. Once companies get IFS in-house and get to touch and feel it - to really understand its user interface and ease of use advantages over many of its rivals - it often wins.

Read IFS Related Articles in Our Article Archive

IFS Other Products

CMMS - EAM IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. Discrete Manufacturing (ERP) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. Engineer-to-Order (ETO ERP) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. ERP for Fashion Industries IFS Applications IFS Applications is built on open service-oriented architecture, resulting in solutions that are easier to implement and upgrade, that deliver faster ROI, and that easily coexist with existing enterprise systems and point solutions. ERP for Services (Non-manufacturing) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities.

ERP for the Oil and Gas Industry (Upstream) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. Mining Industry (ERP & CMMS) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. Mixed-Mode Manufacturing (ERP) IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. Financial Packages IFS Applications Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities.

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