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IFS Accelerates Industrial AI Revolution: Q1 ARR Up 30%, Valuation Surges to EUR 15 Billion

Validation of IFS’s strategy has never been stronger, with IFS’s existing shareholders extending their commitment and new minority shareholders investing in the business. This will enable IFS to accelerate faster and capture more of the growing opportunity that Industrial AI presents. Customer demand for IFS’s industrial application of generative and agentic AI is soaring,
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IFS Takes the Lead in AI Governance

IFS, the leading enterprise cloud and Industrial AI software provider, has been appointed as an Advisory Board Member of the UK’s All-Party Parliamentary Group (APPG) on AI, a key platform shaping AI policy and governance at the highest levels. This advisory role positions IFS at the center of AI policy discussions in Westminster and beyond, […]
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 IFS appoints Hannes Liebe as President, APJMEA

IFS, the leading provider of enterprise cloud and Industrial AI software, announces the appointment of Hannes Liebe as the new President of Asia Pacific, Japan, Middle East, and Africa (APJMEA). Hannes will be responsible for driving growth across the region, expanding IFS’s geographical footprint, and reinforcing strategic partnerships. Hannes joined IFS in 2024 as
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IFS Ultimo Named an Industry Leader in Enterprise Asset Management (EAM) Software by Independent Analyst Firm

Today, IFS Ultimo announced it has been recognized as “a Leader” in the 2024 Verdantix Green Quadrant®: Enterprise Asset Management (EAM) Software report. In the report, IFS Ultimo is acknowledged for strong capabilities in business intelligence, robust integrations, its slick user interface and flexible pricing. This marks the second consecutive report where Ultimo has
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Manufacturers at risk of falling behind due to stalled digital transformation, reveals IFS study

The manufacturing industry faces a critical turning point as new research from IFS, the leading technology provider of enterprise cloud and industrial AI software, reveals a troubling trend: manufacturers know digital transformation is essential, but are falling behind due to ‘option paralysis’ and unable to capitalize on advancements in their industry. The study surveyed
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IFS Releases Next-Gen, AI-Driven Product Enhancements to Help Oil & Gas Organizations Unlock New Efficiency and Sustainability Gains

IFS, the leading provider of enterprise cloud and Industrial AI software, has announced three product enhancements set to reimagine the way upstream operators do business. The new updates leverage the power of IFS.ai to drive new back-office efficiencies and new leasing capabilities help streamline operations and processes for clean energy projects.  First, IFS Energy
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IFS and Sovos announce technology partnership  

IFS, the leading provider of enterprise cloud and Industrial AI software and Sovos, the always-on tax compliance company, today announced a strategic technology partnership to integrate an indirect tax suite within IFS Cloud, enabling enterprises to streamline, optimize and automate complex tax compliance obligations using real-time data from across the organization. 
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IFS Acquires EmpowerMX

IFS, the leading technology innovator in cloud and Industrial AI software, today announces the acquisition of EmpowerMX. EmpowerMX is an AI-powered aviation maintenance software provider specializing in Airframe Maintenance Repair and Overhaul (MRO) solutions, which are trusted by the largest aviation organizations in the world, including Embraer, MRO Holdings, Delta and