Wednesday, February 22, 2012

IFS Applications selected by PGS

IFS, the global enterprise applications company, today announces that Petroleum Geo-Services (PGS) has chosen IFS Applications for its business area operations. 

“In our experience, most companies will benefit from best-practice business models in their industry. Thus, we have built standard solutions for selected industries. By working closely with our customers in product development, through early-adopter programs and industry advisory councils, we are at the forefront of business trends and able to deliver best-practice industry solutions to our customers,” said Glenn Arnesen, CEO IFS Scandinavia.

The Oil & Gas industry is one of IFS’s core markets and an IFS Centre of Excellence. IFS offer flexible, component-based business solutions that manage the entire lifecycle of contracts, projects, assets and services. IFS Applications includes functionality for contract and project management, risk management, budgeting and forecasting, engineering, material management, fabrication, document management, service and asset management, all integrated with financials and human resources.

Customers include Grenland Group, Babcock Engineering Services, Heerema Fabrication Group, Seadrill, Yantai Raffles, Archer, Apply Sørco, APL, Hertel, Bergen Group Rosenberg, Technip, BWO, Semco Maritime, Reinertsen, STX Europe, NCA and Hamworthy Gas Systems.

About IFS

IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite. IFS focuses on industries where management of any of the following four core processes is strategic: service & asset, manufacturing, supply chain, and projects. The company has 2,100 customers and is present in approximately 60 countries with 2,800 employees in total.

More information on IFS is available at

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