Strong license sales
The financial year 2011 saw us executing well in our target markets, as reflected in license sales which grew, adjusted for currency, by 13 percent for the full year and by 26 percent in quarter four. For 2012, we expect yet another year with strong organic growth in license revenue and an improved EBIT.
The IFS Innovation Award jury has chosen a winner of the first IFS Innovation Award—“from idea to business value”. The winner is Martin Kvapilik, whose idea of an Innovation Club with Visitor Sourcing met the jury’s criteria of originality, impact, practicality, and measurability. In addition to being awarded the cash price of EUR 10.000 at the IFS World Conference, Martin’s innovation club will be converted into a prototype by IFS Labs, starting immediately after the conference.
"It is a great honor to win the IFS Innovation Award, Martin Kvapilik said. My solution is based on a simple idea: collaboration breeds innovation. I am very much looking forward to seeing my sketch turned into a fully-fledged product prototype."
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