IFS stories - Page 1

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and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.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.

Business leaders see major potential for AI despite facing challenges in adoption, according to a new survey by software company IFS.

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Outdated technology and lack of understanding at board level could be causing enterprises to miss out on advantages of modern software.

Outdated technology and a lack of Board-level understanding is causing companies to miss transformational opportunities, according to new global research from IFS and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

Software giant IFS reports a six-year streak of exceptional double-digit growth with cloud and software revenue surging in 2023.

IFS bolsters commitment to Environmental, Social, Governance agenda with appointment of Sophie Graham as new global Chief Sustainability Officer.

Intel and global semiconductor foundry, UMC, reveal partnership to create a 12-nanometer semiconductor process platform, diversifying supply chains and expanding sourcing options for clients.

IFS announces winners of its annual Partner of the Year Awards, honouring dedication and innovation among businesses globally, at a ceremony in London.

Mark Moffat ascends as new CEO of global cloud enterprise firm IFS, succeeding Darren Roos who takes the helm as board chair.

IFS records significant YOY growth in Q3, bolstered by AI investments, customer gains and a 49% increase in ARR.