IFS Applications “Dominant” in Enterprise Asset Management Functionality
ITASCA, Ill. (October 20, 2011) – IFS Applications has been ranked in the dominant zone for enterprise asset management (EAM) and computerized maintenance management systems (CMMS) by thirdparty analyst group Technology Evaluation Centers.
According to the report:
“All functional modules of IFS Applications are located in the Dominant Zone. IFS Applications’ strength is due to its smartly designed and well balanced software and high support level in all eight modules, compared with other offerings in the industry
While Technology Evaluation Centers’ report characterizes IFS Applications as dominant in terms of EAM functionality, other analysts have also identified IFS as a leader in market share for EAM. ARC Advisory Group recently listed IFS as one of the top three leading EAM vendors globally, as well as number one in the aerospace and defense industry, number two in the oil and gas industry and number three in power generation.
“It is good to see the analyst community recognizing our strengths in software used to manage complex assets like physical plants, aircraft and capital equipment,” IFS North America President and CEO Cindy Jaudon said. “IFS Applications got its start as a maintenance solution for the nuclear power industry before growing into a leading enterprise resource planning (ERP) and enterprise asset management (EAM) solution provider for a number of industries. Retaining our leadership role and meeting the needs of asset-intensive companies will continue to be a priority for us.”
The Technology Evaluation Centers report can be downloaded from www.ifsworld.com/us.
About IFS
IFS is a public company (OMX STO:IFS) founded in 1983 that develops, supplies, and implements IFS Applications(TM), a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total.
For more information about IFS, please visit: www.IFSWORLD.com
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Source: IFS
