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The business software from IFS will standardize and support Grenland Group processes within detailed engineering, project management, procurement, document management, financial control, material management, fabrication, human resources, and after sales. There will be interfaces to CAD design tools and to planning tools such as Safran. Grenland Group undertook a strategic review of the major enterprise software vendors before selecting IFS. “The growth of our business was placing increasing pressures on the existing legacy environment. IFS stood out as being the best fit for our business. IFS has a solution that fully supports our project-oriented business, both today and in the future. Also, the IFS representatives have proven themselves to be skillful and competent when it comes to understanding our business, which is crucial to the long-term relationship we now embarking on with IFS,” said Hallgeir Skogen, CEO, Grenland Group. “IFS’ offering to the project-driven industry consists of both detailed engineering and ERP in a modern web-based suite, including a multidiscipline pre-configured NORSOK Engineering Register that is smoothly connected to procurement and fabrication, which is a real advantage in this kind of industry,” said Glenn Arnesen, CEO IFS Scandinavia. Project-driven industries are one of IFS’ targeted market segments with more than several hundred customers, of which many are within the Offshore and Maritime segment. Customers include Dresser Rand, Aker Yards, Advanced Production & Loading (APL), First Engineering, Kelvin Hughes, Rotary Engineering, and Shedden Uhde.
About Grenland Group
Grenland Group is a full-service engineering, procurement and construction company, aiming to enhance the business of its customers. Grenland Group is a result of a market-driven demand for complex solutions, providing technology and fabrication services. The company has long experience gained from prefabrication in cost-effective countries in Europe and Asia, and have established a network of efficient and highly qualified sub-suppliers.
Through projects, Grenland Group can design and install complete systems, tailored for a wide range of services and requirements. Grenland Group provides innovative technologies and comprehensive know-how to benefit clients in a wide range of countries.
Grenland Group consists of two divisions: Oil & Gas and Process & Industry, and the Group has today 850 employees. 2005 turnover is estimated at NOK 1 billion.
The company is listed on Oslo Stock Exchange.
About IFS
IFS (XSSE: IFS) is one of the world’s leading providers of component-based business software developed using open standards. IFS’ industry-focused solutions are optimized for ERP, enterprise asset management, and MRO. IFS Applications™ offers companies an integrated lifecycle approach to managing customers, products, assets, and services, enabling them to employ lean enterprise concepts, control costs, manage projects, increase efficiencies in their supply chain, and measure their performance. As a leader in component-based software, IFS delivers tangible business benefits for companies in the aerospace & defense, automotive, construction & facility management, high-tech, industrial manufacturing, process, and utilities & telecom industries. Working in close collaboration with partners, IFS is driving the market to embrace standards and co-existence that offers customers faster payback, reduced risk, and freedom of choice.
For additional information, contact:
Glenn Arnesen, Area Manager, IFS Scandinavia
Phone: +47 66 90 78 79
Mobile: +47 901 55 880
Børre Frisch, Grenland Group ASA
Phone: +47 35 96 76 00
E-mail: jbf@grenlandgroup.com
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