IFS Defence announces today the first two deliveries in the UK of the new IFS Application™ Corporate Performance Management (CPM) component. These solutions are in support of the Saudi British Defence Cooperation Program and Project Salam, both hosted by BAE Systems at their Multi Platform Availability Support Solution (MPASS).
CPM adds a comprehensive and fully integrated performance management capability to the IFS Application™ solution, powered by VisionWaves technology—enabling the linking of enterprise-wide business strategy to the operational and transaction layers in the form of a business cockpit.
Iain Green, Managing Director of IFS Defence said: “Delivering CPM as a fully integrated IFS business component extends the value of the IFS Aerospace & Defense suite considerably. It enables our customers to achieve genuine 360 degree business performance visibility anywhere in the world. In these two flagship programs for BAE Systems, lifecycle performance visibility is provided simultaneously to stakeholders in both the Kingdom of Saudi Arabia and the United Kingdom.”
“The successful introduction of CPM is getting considerable attention both within BAE Systems and amongst our clients,” said Peter Dickinson, Director Supply Chain Capability BAE Systems Saudi Arabia. “The capability is certainly ground-breaking and we look forward to delivering even more value by extending the use of CPM both in these first two programs and for other clients.”
The solution provides seamless visibilty of all IFS business components through the CPM Business Cockpit, providing executives and managers with a flexible and personally orchestrated view of business performance and risk— promoting better management of change, cost reduction and improved customer service. CPM is a dynamic and coherent business model, including value chains, process models, organization charts and projects as the context for managing performance, finance, compliance and risk. Web-enabled, the integration has full BI capability on board to deliver quick and powerful results to leverage information to support initiatives such as Performance Based Logistics.
Aerospace and defense is one of IFS’ targeted market segments. IFS Applications™ provides market leading off-the-shelf component based solutions that support Performance Based Logistics (PBL), Contractor Logistics Support (CLS), and Fleet Operator programs; and solutions for Defense Manufacturing, Maintenance Repair and Overhaul (MRO), Asset & Fleet Management, Supply Chain Management and Product Lifecycle Management.
Customers include the United States Army and Air Force Materiel Commands, British Navy and Army and the Norwegian Navy and Air Force; as well as the Eurofighter consortium—commercial MRO shops and service operators include Bristow Helicopters, Aero-Dienst GmbH, K&L Microwave, Hawker Pacific, Ensign Bickford, Todd Pacific Shipyards and Lufthansa Technik Qantas (LTQ, formerly known as Jet Turbine Systems). In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE Systems, SAAB, and GE Aircraft Engines.
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2010 was SKr 2.6 billion.
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Anders Brunelius, Corporate Communications
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