Wednesday, April 29, 2009
Solar energy company continues global rollout of IFS Applications
A leading global solar energy company continues its global roll-out of IFS Applications to subsidiaries internationally, standardizing business processes within several companies. The contract includes licenses, consulting services and maintenance at an estimated total value of SKr 25 million.
The company has been an IFS customer since 2002. The current solution consists of components for financials, human resource management, document management, project management, supply chain management, and maintenance. It was upgraded to the latest version of IFS Applications last year and at the same time rolled out to additional sites.
After standardizing and streamlining its business processes on IFS Applications, the company expects to derive benefits such as optimizing purchase processes with production planning, resulting in enhanced control and operational transparency.
Glenn Arnesen, Managing Director of IFS Scandinavia, is pleased to see this continued global roll-out of IFS Applications from one of IFS’ important customers.
“With this new step, this successful corporation takes further advantage of IFS’ capabilities as a global company. The global roll-out of IFS Applications is an important business improvement project for the customer,” Arnesen said.
The high-tech industry is one of IFS’ targeted vertical markets. IFS offers industry-specific solutions for companies in the electronic equipment, electronic component, and semiconductor industries. These solutions support all business processes, from design and mixed-mode manufacturing to after-sales support and warranty management. IFS’ high-tech customers include Philips Business Communications, NEC, Wolfson Microelectronics, maxon motor, and Olympus Optical.
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in 54 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2007 was SKr 2.5 billion.The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 29, 2009, at 11:30 a.m. CET.