Tuesday, September 30, 2014

VECTOR goes live with IFS Applications 8 in order to improve core business processes

IFS, the global enterprise applications company, announced today that the Polish telecoms and system manufacturer and integrator VECTOR, has implemented IFS Applications™ 8 to streamline its key business processes. VECTOR specializes in designing, manufacturing

  • VECTOR live with IFS Applications 8 to improve business processes
  • IFS selected in a competitive tendering process
  • IFS selected thanks to its “close to customer” approach

VECTOR specializes in designing, manufacturing, and integrating telecommunications solutions. Its client base includes leading Polish cable operators, television broadcasters and international cable TV providers. The company is currently also expanding into the market for telemetry solutions.

VECTOR's complex business operations include a number of different production and design processes aligned to specific end-user requirements. The company conducts low-, middle-, and high-volume production through its own R&D division, which develops new products to meet fast changing market technical requirements and specific needs of key customers. Such an environment requires an ERP solution that supports the entire product lifecycle.

For VECTOR, its previous ERP software was unable to meet clients’ growing functionality requirements. It needed a more agile system with a broader range of functionality. Following a thorough market analysis and tender process with a number of competing bids, VECTOR selected IFS Applications.

“We chose IFS because its solution was the best suited to our specific needs, which we defined in a pre-implementation analysis. What was important for us was not only the functionality of the system, but also the implementation approach. We decided to move forward with IFS because it understood our business, which was a factor that clearly set them apart from their competitors,” said Arkadiusz Rozmysłowicz, management board member in charge of finances at VECTOR Sp. z o.o.

The subsequent implementation of IFS Application has already realized a number of benefits, including better optimization of business processes and better access to information in key areas of the company's operations. IFS Applications also enables faster decision-making and cost management.

“Fast and easy access to information means quicker and better business decisions, which gives us a greater competitive edge on the market”, said Arkadiusz Rozmysłowicz.

“We are happy that IFS Applications will help VECTOR streamline its key business operations, increase order processing effectiveness, and improve client satisfaction,” said Marcin Taranek, CEO of IFS CEE.

IFS Applications has been implemented in the area of finances, manufacturing and distribution. There are 142 IFS Applications users at VECTOR.

About VECTOR Sp. z o.o.

With headquarters in Gdynia, VECTOR has been operating on the telecommunications market for 25 years, specializing in design, production and integration of telecommunications and telemetry solutions. A broad portfolio of products includes solutions for cable TV and telecommunications operators, as well as for media access providers. The company has its own R&D team of 60 employees. Around 80 percent of VECTOR's products are exported to European and Asian markets. More information: www.VECTOR.pl

About IFS

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. For more information visit: www.ifsworld.com.

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Contact Information

Magdalena Golanska

Phone: 48 500 100 090

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Anna Machol

Phone: 48 512 134 493

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