News Article | June 7, 2017
Leading technology services provider joins IFS Partner Network as a channel partner focusing on Middle Eastern and African businesses -- IFS, the global enterprise applications company, has signed an agreement with Dubai-based ISYX Technologies, a fast-growing business technology consulting company, as a channel partner.The IFS and ISYX partnership will help deliver IFS's innovative product portfolio to customers across the Middle East and Africa. Drawing on the companies' long and successful track record in areas such as aviation, construction, manufacturing, and asset intensive industries, ISYX will work with IFS to build a strong customer base.As part of the agreement, ISYX will market and deploy IFS's complete range of enterprise applications including enterprise resource planning (ERP), enterprise asset management (EAM) and field service management (FSM) for its customers across the MEA region. ISYX is also investing in training and certification of its presales and delivery teams through the IFS Academy. By building local competency and capabilities in IFS Applications™, ISYX will help customers transition through the digital era."We are very excited to be developing joint opportunities with IFS and look forward to a rewarding partnership,"said Sharoon Shamsuddin, CEO, ISYX Technologies. "IFS is a globally recognized leader in enterprise software, and coupled with our global presence in ten countries servicing 500+ customers, the partnership will empower organizations to advance their digital transformation by adding value and industry expertise."Mr. Shamsuddin added, "Our approach is to adopt the role of an 'advisor' to our customers, understand their business challenges and address them by providing fully integrated end-to-end solutions to support their complex business needs. Partnering with IFS has helped us further strengthen our solutions portfolio. We look forward to working closely with their global and local teams to provide our customers with the highest levels of service and support through all phases of the deployment and increase IFS's footprint and market share in the MEA region."Luis Ortega, Managing Director for IFS in the Middle East, South Asia and Africa, said, "We are pleased to announce the partnership with ISYX Technologies and we expect that our cooperation will result in a growing customer base in the Middle East and Africa."For more information on the IFS Partner Network, please visit: www.ifsworld.com/ corp/partners/ -Ends-ISYX Technologies (ISYX) is a young digital company, helping our customers to make the transition to the digital era, cloud era & even the fog era. We consult, design & implement your applications, infrastructure & security to make the right impact for your business transformation, by being ISO process driven & futuristic sensed. With global presence is 10 countries with over 500+ strong, diverse customers, ISYX works with best-of-class vendors to provide right solution.IFS™ develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. The industry expertise of our people and solutions, together with commitment to our customers, has made us a recognized leader and the most recommended supplier in our sector. Our team of 3,300 employees supports more than one million users worldwide from a network of local offices and through our growing ecosystem of partners. For more information, visit: IFSworld.com Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/
News Article | June 14, 2017
Roy Goodart, IFS's Managing Director, Insurance Solutions, who led the development of expedite, said, "Just like every other vertical, the insurance industry is searching for new ways to modernize operations, improve consumer experiences and reduce costs. expedite does all three and sets itself apart with its versatility, flexibility and ease-of-use." expedite takes a holistic approach to document delivery. In addition to its electronic delivery capabilities, expedite offers many next-generation features, including the ability to templatize forms, collect data, apply electronic signatures and implement business rules and logic. It is available as either an on-premise platform or SaaS offering, giving insurance carriers the freedom to choose the best deployment method for their needs. To learn more about expedite and how it can help your organization meet its eDelivery goals, visit www.ifsautomation.com or call us at (980) 819-4734. IFS provides solutions that help insurance and financial services firms focus on their customers and manage operational compliance by automating business processes. IFS's suite of insurance solutions automates processes for the entire insurance cycle, from account opening and annuity account maintenance to money movement, while also enabling electronic contract, policy or document delivery. Our solutions are used by some of the world's largest insurance, brokerage, wealth and banking companies. To learn more about IFS, please visit www.ifsautomation.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/impact-financial-systems-launches-innovative-electronic-document-delivery-platform-for-the-insurance-industry-300473396.html
News Article | June 15, 2017
IFS, the global enterprise applications company today announced the findings of its Digital Change Survey that polled 750 decision makers in 16 countries, including more than 120 in North America, to assess the maturity of digital transformation in sectors such as manufacturing, oil and gas, aviation, construction and contracting, and service. See the global press release announcing the findings of the Digital Change Survey here. According to the IFS Digital Change Survey, organizations in North America are pursuing a digital transformation by upskilling existing talent (61 percent); investing in digital resources, technologies and assets (46 percent); and through external recruitment of digital talent (nearly 39 percent). "Companies all over the world now understand the urgency of digital transformation," said Antony Bourne, VP of global industry solutions, IFS. "In fact, more than three quarters of North American respondents, alone, either 'agree' or 'strongly agree' that their company has the culture and structure in place to adapt quickly and effectively to a digital transformation. They are relying on innovative technologies along with relevant industry expertise to guide them in the right direction." Internal process efficiency is driving North American investment in Big Data, ERP and IoT Identifying "internal process efficiency" as the number one driving force behind digital transformation, North American companies in all industries are looking to invest in the following areas: However, survey respondents in North America noted that the top barriers to digital transformation have been "aversion to change" (36 percent) and "security threats/concerns" (36 percent), followed by "lack of standard processes" (35 percent) and "legislation and compliance" (35 percent). North American manufacturing companies, specifically, are ahead of the curve with respect to servitization – especially compared with their global counterparts. Forty percent of North American respondents say that servitization is well-established at their company and is already paying dividends, compared to only 25 percent globally. Furthermore, 45 percent of North American respondents say the move to servitization has given their company a competitive advantage and enabled them to increase market share and grow existing accounts, compared to only 27 percent of respondents globally. Service providers in North America anticipate challenges in modernizing, but they have a plan Service providers in North America are fighting an uphill battle to modernize – with companies in the United States and Canada finding customer demand for self-service and collaboration tools (67 percent) and remote diagnostics / remote service providers (63 percent) a challenge. According to 74 percent of North American survey respondents, recruiting, training and retaining skilled technicians has been a key inhibitor to growing service revenue, as have inadequate or disconnected systems and processes (63 percent). In fact, 81 percent of North American survey respondents are "concerned" about the sustainability of their current cost model. BIM and Workforce Automation will be key investments for construction and contracting companies in North America in 2017 North American construction and contracting companies are prioritizing investment in building information modelling (46 percent) and workforce automation (38 percent) in 2017. Only 23 percent think their company has responded successfully to customer demand –compared to 20 percent of respondents globally. What's inhibiting projects in this sector? According to nearly 77 percent of North American respondents who agree or strongly agree, "reconciliation of internal and external ERP systems in joint ventures." North American oil and gas companies are slow to adopt Big Data and IoT Oil and gas companies in North America don't have as much faith in the potential of big data and the IoT as other industries – with nearly 14 percent of respondents from the United States and Canada ranking these technologies as below average, compared to only four percent of global companies with this rank. The majority (more than 76 percent) of North American respondents "strongly agree" or "agree" that their company has appetite to implement smart technology but lacks the skills and resources – significantly more than the 56 percent of respondents who said the same globally. This survey was commissioned by IFS to assess maturity of digital transformation across industries on a global scale. It was conducted as in-depth interviews by the research company Raconteur, who took in the views of 750 decision makers in 16 countries in the oil and gas, aviation, construction and contracting, manufacturing, and service industries. Countries surveyed were USA, Canada, the UK, Sweden, Germany, France, China, Japan, Australia, Norway, Denmark, the Netherlands, Spain, Poland, the Middle East, and India. Access to the full survey report here. This information was brought to you by Cision http://news.cision.com The following files are available for download: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/to-achieve-digital-transformation-north-american-companies-are-investing-in-big-data-erp-and-iot-300474670.html
News Article | July 11, 2017
For the second consecutive year, IFS has chosen ClickLearn as its Software Partner of the Year, in recognition of its demonstrated ability to engage with customers to deliver and extend the capabilities of IFS Solutions. ClickLearn's selection as Innovative Partner of the Year recognized its creativity in developing a new and innovative approach to customers' problems and processes and ClickLearn's influence in assisting customers to capture new opportunities to achieve business success. -- The Panel of Judges that selected ClickLearn as the IFS 2017 global Software Partner of the Year and 2017 Americas Innovative Partner of the Year included several external judges who are five of the industry's top analysts: Cindy Jutras, President of Mint Jutras, Mike Krell, Head of IoT Strategy at James Brehm & Associates, Predrag Jakovljevic, Principal Analyst at Technology Evaluation Centers, Ralph Rio, Vice President Enterprise Software at ARC Advisory Group, and Vinnie Mirchandani, Founder of Deal Architect Inc. ( IFS Press Release ClickLearn automates the creation, maintenance and upgrade of work instructions in IFS and other enterprise business software and, with a single click, produces the work instructions in Word, PDF and PowerPoint formats plus 3 levels of training videos and a virtual assistant that walks and talks the end user through the work instructions inside of their live business system. End users can access all ClickLearn training products within their business system in their language of choice via the embedded Learning Portal that ClickLearn generates. ClickLearn does not require any customer investment in infrastructure, system integration or implementation. New customers are using ClickLearn effectively after a single online training session, and they receive unlimited additional future training, as needed, at no cost."We have worked closely with IFS since becoming a Software Partner in March of 2016. Their support has been instrumental in our ability to connect with customers of IFS and enable so many of them to get a higher return from their investment in IFS. ClickLearn saves time and money in implementations, upgrades and site rollouts. More than that, it increases daily operational efficiency through its work process training and testing capabilities and the virtual assistant which makes new hires productive immediately,"commented George Hardy, ClickLearn's CMO. "With ClickLearn, IT can record work instructions in one language and each end user can access all the training materials in their language of choice from within IFS."IFS has been named a Leader in the three most recent editions of the Gartner Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies.ClickLearn is the leading solution for creating work instruction documentation, eLearning and live assistance inside the most popular business systems. ClickLearn for IFS enables customers to automate the creation, maintenance, upgrade and delivery of work instructions, interactive training materials and live process guides inside their IFS and FSM systems and in all required languages. Learn more about ClickLearn for IFS at: www.clicklearn.dk/ ifs/videos IFS™ develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. The industry expertise of IFS' people and solutions, together with commitment to their customers, has made IFS a recognized leader and the most recommended supplier in their sector. IFS' team of 3,300 employees supports more than one million users worldwide from a network of local offices and through their growing ecosystem of partners. For more information, visit: IFSworld.com
News Article | December 21, 2016
Global PMI Partners, specializing in post merger (M&A) integration, advises EQT backed IFS on the integration of Mxi Technologies. On December 13th, 2016 IFS acquired Mxi Technologies (Mxi) following the recent takeover of IFS by the leading European alternative investment firm EQT. Global PMI Partners advised IFS on preparations for post-merger integration (also called M&A Integration) supporting comprehensive integration activity for the combined company’s global footprint. Fredrik Vom Hofe, Group Senior Vice President Business Development at IFS said, ”Mxi Technologies is a global market leader within aviation maintenance software solutions to defense and commercial aviation operators, and the intention is to bring together Mxi and IFS on a Global level, and in a way that maximizes the benefits both companies customers and employees. We needed an advisor with very good knowledge and hands-on experience of global post merger integration projects. Global PMI Partners was then the natural choice.” For further information contact Michael Holm at +46 76867 0777, or via email at: email@example.com. Mxi is the leading provider of integrated and intelligent maintenance management software solutions for the global aviation industry. Mxi serves defense and commercial operators, third-party Maintenance, Repair and Overhaul (MRO) companies, and Original Equipment Manufacturers (OEMs) with software, support and services. Headquartered in Ottawa, Canada, Mxi is a global organization with more than 265 employees. IFS™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). Founded in 1983, IFS bring customers in targeted sectors closer to their business, helps them be more agile and prepare for what's next in their industry. IFS’s 2,800 employees support more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information, visit: IFSworld.com. Global PMI Partners is the only independent international organization focusing exclusively on delivering pre- and post-merger integration, separation and transformation services. With offices in 14 countries and a presence in most major business markets, Global Post Merger Integration Partners provides M&A integration expertise and senior execution resources to maximize corporate development potential.
News Article | April 12, 2015
David Cameron’s plan to lower U.K. inheritance tax and compensate for it by increasing tax on the pensions of the wealthiest was described as being likely to complicate the system and raise house prices. The prime minister promised Sunday to raise the inheritance-tax threshold for couples to 1 million pounds ($1.5 million). If his Conservative Party wins the May 7 election, it will increase the current limit of 650,000 pounds for a couple with an additional 175,000-pound allowance for each partner when leaving their primary residence to their heirs. The proposal was attacked by Cameron’s Liberal Democrat coalition partners as a sign of his being more concerned with the wealthy than with poorer voters, and by Paul Johnson, director of the independent Institute for Fiscal Studies as likely to push more money into housing. “It is rather odd to give this special treatment to housing, given that owner-occupied housing is already extremely tax privileged,” Johnson told the BBC. “Anything that does something like this, which increases the tax privilege associated with an asset like housing will drive the price up in the long run.” Johnson said it would affect 2 percent of estates each year. The IFS also criticized the way Cameron proposed to pay for the tax cut with restrictions on pension tax relief for Britons earning more than 150,000 pounds annually. In a study published on its website, the body said it would increase the marginal tax rate for those earning between 150,000 and 210,000 pounds a year to 67.5 percent. Elsewhere on the campaign trail, Conservative Chancellor of the Exchequer George Osborne refused to say how the Conservatives would fund a promised 8 billion-pound ($12 billion) increase in funding for the National Health Service. “Because we have this balanced economic plan, because we are prepared to take difficult decisions in other parts of government, we can go on increasing the money to the NHS just like we did in the last parliament,” Osborne said. “They appear to believe they’ve got some historical reputation that allows them to make up numbers,” Liberal Democrat leader Nick Clegg said. Clegg set out his Liberal Democrat Party’s spending plans on Sunday, including offering more details about how the party’s “mansion tax” on high-value properties would work. When the party first proposed this in 2009, it said it would raise 1.7 billion pounds. Despite property prices having risen around 50 percent since then, the amount the party expects to raise has fallen to 1 billion pounds. The Liberal Democrats set out the maximum levels they would charge for each band of property values, starting at 2,000 pounds a year on properties worth between 2 million pounds and 2.5 million pounds, and rising to 9,000 pounds a year on properties worth between 4 million pounds and 5 million pounds. The party will on Monday set out a series of proposals to make life easier for consumers, including forcing energy companies to let people switch supplier within 24 hours.
News Article | May 18, 2015
Whispers on the acquisition grapevine are saying that Microsoft has its sights set on the Swedish software firm IFS (Industrial and Financial Systems). IFS offers an ERP suite, along with a range of enterprise services including EAM (enterprise asset management) and ESM (enterprise service management). The organisation's core product is IFS Applications 9, and its customers include Saab, NEC, Nestle Waters, Olympus and Sky among others. The rumour that Redmond could be looking to acquire IFS comes from analysts including Christopher Wilder of Moor Insights and Strategy, who told Computing that the company was a "logical next target" for the software giant. Wilder said: "Microsoft would benefit from IFS' ERP, EAM and [ESM] solutions, loyal customer base, and the ability to provide hosted mission critical solutions." IFS, on the other hand, would obviously benefit from a vastly raised profile, not to mention Microsoft's contacts and resources – though the firm's CEO said that no acquisition was on the cards, save for smaller organisations IFS might be looking to hoover up itself. Earlier this month we heard speculation (from Bloomberg) concerning Microsoft picking up Salesforce, which would obviously be a massive acquisition – but Reuters later poured cold water on this idea, with its own sources claiming Salesforce was simply too big and expensive for Redmond to swallow, but there could be a bid further down the road. IFS would certainly seem to be a much safer option for Microsoft's near-term expansion plans.
News Article | May 13, 2015
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z9d8hl/enterprise) has announced the addition of the "Enterprise Application Market (Solutions, Delivery Model, Verticals and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering. The global enterprise application market is expected to reach $ 213.43 billion by 2020, registering a CAGR of 7.4% during 2014 - 2020. Enterprise application facilitates an easy flow of internal and external business information. Furthermore, the integration of business processes is effectively rendered through implementation of enterprise application. Thus, these benefits lead to a large adoption of enterprise applications among customers. CRM and ERP application would drive the enterprise application market significantly by year 2020, together contributing to around 2/5th of overall market revenue. The CMS application would grow rapidly in future, as it finds increasing use in converting unstructured data into structured information and allows a non-technical user to manage content on a website easily. There is a paradigm shift in the deployment methods from on-premise to cloud based models due to emergence of cloud technology in the market. Cloud enabled application considerably reduces the investments required in alternative IT resources. Thus, customers are shifting from on-premise to cloud enabled applications. Access of enterprise application from mobile devices would gain a surge, in terms of adoption. Retailers have adopted enterprise application to monitor and control their business processes. The healthcare industry would highly adopt enterprise applications to gain data transparency in real time. This allows the entire value chain involved in the healthcare industry to provide a patient-centric system. Realizing the business potential, market players such as Oracle, SAP and Infor are in the process of developing enterprise application for the healthcare industry. Leading vendors such as Oracle, SAP and Microsoft are launching applications, which can be delivered through on-premise as well as cloud models. Further, they are also developing integrated mobile applications with cloud to enhance the mobility of customer. The market is increasingly witnessing a shift towards cloud service.
News Article | May 5, 2015
Global enterprise applications company IFS has released the latest version of its extended business software suite, IFS Applications 9. Launching the product to kick-off its IFS World Conference 2015 in Boston, Massachusetts, the firm outlined the key new features and capabilities of Applications 9. Designed to help organisations "spot the signals that help [a] business change and create an advantage", Applications 9 is an agile solution based on a partner-friendly architecture and can be delivered via Microsoft's Azure cloud. Introducing Applications 9, IFS senior VP of research and development Thomas Sald said the suite benefitted from an improved user experience, more than 500 new industry updates and capabilities including an embedded CRM, a lower overall total cost of ownership, and localised support for global businesses. "We know that user experience is important - it's directly linked to the business. It increases productivity and makes it easier to make the right decision. It also shortens the implementation time and increases talent retention. It looks good, yes, but it supports your business." Applications 9 also comes with a number of project management and collaboration improvements, thanks to the new IFS Lobby and IFS Streams applications. These include real-time messaging and notifications across multiple devices and the web in Streams, and customisation options in IFS Lobby, Applications 9's at-a-glance information dashboard that can be tailored to individual roles and processes. Introducing the new features, the company's CTO, Dan Matthews, said: "Applications 9 is about creating business agility and the flexibility to capitalise on change. You need to be able to look out across multiple areas of your business and understand how they work together, getting close to things that are happening, as they're happening. " Alastair Sorbie, president and CEO of IFS Group, added: "Today, we will be launching IFS Applications 9. We think it's the best release we've ever brought out. We've tried to build this idea of agility into the product as we've gone along. If you want to ride the wave of disruption, you need to have agile systems in place, ready to work like mad when the wave comes along." Among the one million users of the firm's applications, key verticals for IFS Applications 9 include the service management, industrial manufacturing, and offshore contracting sectors. Early adopters of the software suite include Beijer Electronics and Kimal. During the opening keynote session, Stephen Boyle, VP of enterprise partners at Microsoft, also encouraged businesses to start leveraging the Internet of Things for a competitive advantage, saying it was poised to disrupt a range of industries. "The Internet of Things is the next opportunity facing us. Whichever set you look at, the numbers are enormous - IoT touches all industries. Whether you're in healthcare or consumer, it fundamentally allows you turn anything into a service."
News Article | February 24, 2017
WASHINGTON, Feb 24, 2017 /PRNewswire/ -- Supply & Demand Chain Executive magazine grants award to APICS, ERP thought leader IFSSenior Advisor Bill Leedale has been recognized by the Pros to Know Awards for his efforts in leadership positions in APICS and his work with users...