IFS AB
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Private[1] | |
Industry | Computer software |
Founded | 1983 |
Headquarters | Linköping, Sweden |
Key people |
Darren Roos, CEO |
Products | Enterprise resource planning, Enterprise asset management, Field service management |
Revenue |
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Owner | EQT[3] |
Number of employees | 3,500 (2018) |
Website | www.ifsworld.com |
IFS AB (Industrial and Financial Systems) is a multinational enterprise software company headquartered in Linköping, Sweden, with 3,500 employees.[4] IFS provides component-based extended enterprise software for ERP, EAM and FSM[5]. Its primary product is IFS Applications which it develops, supplies, and implements.[6][7][8]
Headquartered in Sweden, it maintains development centers in Sweden, Sri Lanka, Poland and North America while operating as a multinational corporation through subsidiaries in the Americas, Europe, Africa, and Asia Pacific.
IFS focuses on four core strategic processes: service & asset management, manufacturing, supply chain and projects. IFS develops, supplies, and implements IFS Applications™,[9] a component-based extended enterprise software suite built on SOA technology and layered architecture.[10] IFS provides software solutions that primarily focus on manufacturing, project-based and asset-intensive industries.[11]
IFS was named as a Leader in two of Gartner's Magic Quadrants: Field Service Management[12] and single-instance ERP for product-centric midmarket companies.[13]
IFS has been first or among the first enterprise software companies to realize innovations including embedded enterprise application search,[14] embedded environmental footprint management [15] and embedded social media navigational functionality.[16]
IFS timeline
- 1983 - IFS is founded.
- 1985 - IFS launches its first software product, IFS Maintenance.
- 1990 - IFS Applications launched as a complete suite.
- 1991 - IFS expands into Norway and Finland.
- 1992 - IFS opens the first office outside Scandinavia in Poland.
- 1993 - IFS first graphical user interface launched. Expansion begins in Denmark and Malaysia.
- 1994 - IFS Applications among first suits launched on a service-oriented architecture.
- 1995 - IFS expands into North America.
- 1996 - IFS listed on the Swedish stock exchange. IFS Applications becomes component-based.
- 1997 - IFS Web Client is launched.
- 1997 - IFS established in Sri Lanka.
- 1999 - IFS is represented on all continents.
- 2001 - Java-based Internet portals and mobile solutions are introduced.
- 2002 - All components are available as web services.
- 2004 - NEC increases its support for IFS by acquiring 7.7% of IFS share capital.
- 2005 - >500 000 users of IFS Applications.
- 2006 - The release of IFS Applications 7. Alastair Sorbie appointed CEO.
- 2007 - IFS delivers solutions for the Intelligent Desktop and project–based solutions
- 2008 - IFS launches a new GUI for increased usability and higher productivity.
- 2009 - Acquisition of MultiPlus Solutions
- 2010 - Acquisition of 360 Scheduling.[17]
- 2011 - Acquisition of LatinIFS[18]
- 2012 - Acquisition of Metrix[19]
- 2013 - The release of IFS Applications 8.
- 2015 - IFS Announce 1 million global users[20] and releases IFS Applications 9 at World Conference, Boston.[21]
- 2015 - IFS is acquired by EQT[22]
- 2016 - Acquisition of Mxi Technologies[23]
- 2017 - Acquisitions of mplsystems, FSM (UK)[24], WorkWave[25]
- 2018 - Darren Roos appointed as CEO[26]
- 2018 - The release of IFS Applications 10[27]
See also
References
- ↑ https://www.eqtpartners.com/Investments/Current-Portfolio/ifs/
- ↑ http://www.ifsworld.com/corp/company/financial-results
- ↑ http://eqtpartners.com/investments/current-portfolio/ifs
- ↑
- ↑ http://www.ifsworld.com/corp/company/about-ifs/
- ↑ ABOUT IFS
- ↑ IFS
- ↑ http://www.ifsworld.com/en/solutions/ifs-applications/
- ↑ http://www.ifsworld.com/en/solutions/ifs-applications/
- ↑ http://www.ifsworld.com/en/sitecore/media-library/assets/2014/07/17/07/40/white-papers-ifs-applications-8-architecture-and-technology/
- ↑ Industries
- ↑ http://www.ifsworld.com/corp/news-an-events/newsroom/2017/10/04/ifs-named-a-leader-in-gartner-2017-magic-quadrant-for-field-service-management/
- ↑ http://www4.ifsworld.com/l/5332/2015-02-05/xvd87
- ↑ Industry Week EAS article
- ↑ Canadian Manufacturing Environmental Footprint Article
- ↑ Information Week Social Media Article
- ↑ 360 Acquisition
- ↑ LatinIFS Acquisition
- ↑ Metrix Acquisition
- ↑ http://www.ifsworld.com/in/news-and-events/newsroom/2015/05/05/16/31/1000000-users-of-ifs-solutions/
- ↑ http://www.lifehacker.co.uk/2015/05/05/ifs-applications-9-what-you-really-need-to-know-about-the-enterprise-software-suite
- ↑ http://www.ifsworld.com/au/news-and-events/newsroom/2015/11/30/07/30/eqt-vii-acquires-68-of-votes-and-63-of-capital-in-ifs-for-sek-36250-per-share/
- ↑ https://www.reuters.com/article/ifs-acquisition/eqt-backed-software-firm-ifs-buys-canadas-mxi-technologies-idUSL5N1E83XL
- ↑ https://www.enterprisetimes.co.uk/2017/08/03/ifs-doubles-down-fsm/
- ↑ https://www.reuters.com/article/ifs-eqt-workwave-acquisition/eqt-owned-ifs-buys-u-s-workwave-in-its-biggest-acquisition-ever-idUSL8N1M81WV
- ↑ http://www.ifsworld.com/corp/news-and-events/newsroom/2018/03/05/darren-roos-appointed-as-ceo-of-ifs/
- ↑ http://www.ifsworld.com/us/solutions/ifs-applications/