Tuesday, August 26, 2014

IFS continues as #1 supplier of enterprise asset management software in aerospace and defense

IFS, the global enterprise applications company, has been identified as the leading supplier of enterprise asset management and field service management software for the Aerospace & Defense (A&D) industry by ARC Advisory Group, the leading technology research and advisory firm for industry and infrastructure.

In its publication “Enterprise Asset Management and Field Service Management, Global Market Research Study, Market Analysis and Forecast through 2018,” ARC Advisory Group’s quantitative research identified IFS as the leading supplier to the global A&D industry for EAM and FSM solutions. 

“A&D is a sector with a large potential for growth—our analysis and forecasting indicates the market will grow at a CAGR of 8.9% through to 2018,” ARC Research Director for Enterprise Software Ralph Rio said. “IFS has a long history of strength in the A&D market with both commercial and military customers. IFS’ integrated capacities for EAM, mobility, reliability, and supply chain align well with the needs of A&D.” 

“For multiple years now, we have been recognized by ARC as the leader in this industry, and this year we have retained our position as the number one supplier to A&D,” commented Graham Grose, Director of the global IFS A&D Center of Excellence. “Our products are developed with dedicated vertical industry software components and expertise, enabling us to provide a solution that fits the client's specific asset lifecycle management requirements. In the A&D industry this means supplying a solution that provides support when and where needed, by reaching out to support those in the field." 

For more information on ARC’s findings, visit http://www.arcweb.com/market-studies/pages/enterprise-asset-management.aspx to view an overview or obtain the full‐length report.

About ARC

Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry and infrastructure. Its coverage of technology and trends extends from business systems to product and asset lifecycle management, supply chain management, operations management, energy optimization, industrial internet of things (IoT) and automation systems. The analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today.

IFS™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. 

Follow us on Twitter: @ifsworld 

Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com 

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Claire Grant

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