IFS stories

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.

The Marketing Centre has expanded its UK network by appointing three senior fractional CMOs to boost growth and align marketing with sales.

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

The UK has launched an AI Action Plan for justice, amid diverging global AI regulations focusing on innovation, safety and state control.

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 acquires TheLoops to launch AI agents that autonomously boost productivity and compliance in regulated industrial sectors worldwide.

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.

Quanta Services Australia has selected IFS to implement its AI-powered ERP platform, IFS Cloud, to streamline operations and support growth across its divisions.

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.

Australia ranks fourth globally in AI optimism, surpassing the USA and UK, says a new IFS study. Skill investment drives positivity towards AI adoption.

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and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.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 and PwC UK announce a strategic partnership to develop a Sustainability Management Solution, aiding companies in meeting sustainability disclosure needs.

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.