On IFS’s Continued Growth – “IFS has momentum in the Americas. In 2012, we increased license revenue by 24 percent, maintenance revenue by 38 percent, consulting revenue by 37 percent, and total revenue by 32 percent. Over the last two years, our license revenue has grown by more than 160 percent. This stems from both acquisitions and organic growth as we set out in our 2012 business plan. Our products, with their focus on pragmatic functionality, mobility, and agility, are appealing to the market. Our customers are happy. And the future is bright.”
On Enterprise Agility - “As business becomes more challenging and complex, there is an increased, rather than a diminished, need for simplicity. Enterprise software suites deliver this simplicity by bringing data and processes together cross-functionally. A good ERP suite should be like an open concept office, where everyone can interact and collaborate freely, maximizing organizational agility.”
On Upgrades – “At any given time, about 25% of our customers are involved in upgrading their version of IFS Applications. The fact that many of our customers are choosing to upgrade tells us that we are moving our products in the right direction. It signifies that not only do our customers see that new versions add value to their business, but they see IFS as a long-term partner in their business with a solid vision for the future.”
On Financial Stability – “Selecting an enterprise software vendor is a long-term commitment, and fiscal and organizational stability ought to be an important criteria. IFS has achieved sustainable, organic growth in recent years, even in the depths of recession. We have and will continue to make manageable and targeted purchases of other companies that complement our current functionality set and customer base. Once you examine our financial results, you will come to know us as that solid partner you can rely on going forward.”
On Customers – “Customer loyalty is key to IFS’ success in the enterprise software market. Our customers continue to tell us that it’s our attentive and knowledgeable IFS staff that allows them to excel in using IFS Applications in their daily business processes. In fact, results from our annual customer satisfaction survey reported that more than 93% of respondents are more than satisfied with IFS. We value our customers so much, that we even include them in discussions about the product direction of IFS Applications.”
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Renco Electronics selects IFS Applications to improve efficiency of its global supply chain
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