17 June, 2013
Major global construction company Brookfield Multiplex to implement IFS Applications
IFS, the global enterprise applications company, announces that international construction, development, engineering and infrastructure firm Brookfield Multiplex has selected IFS Applications for project ERP (enterprise resource planning). The contract is initially for 1,750 users of a broad spectrum of IFS Applications functionality. The contract includes licenses and services valued at AUD $4 million.
Brookfield Multiplex operates in eight countries, employing 3,368 people. The company has won more than 500 awards and has completed 793 projects valued at $54 billion. Significant projects include the Trump International Hotel and Tower in Toronto, the Fiona Stanley Hospital in Australia, Strata SE1 in London and the Dubai Marina.
IFS Applications will be used to address, initially, several areas of the business including contract and product portfolio management, project profitability, financials and reporting. As these and other parts of the business work to pursue major projects on an international basis, IFS Applications will enable Brookfield Multiplex to leverage its global knowledge and resource base to win and successfully deliver projects. Other components to be implemented include, IFS Touch Apps, e invoice, CRM, IFS Talk, HSE and Rostering. The implementation will be driven and managed by IFS Australia and will commence in July 2013.
“IFS is uniquely positioned to help a global construction company of this caliber profitably manage project deliverables, collaborate with vendors and enhance customer satisfaction,” IFS Australia Managing Director Rob Stummer said. “We are also uniquely positioned to ensure a successful implementation, having proven our capabilities through our work for Brookfield Multiplex’s parent and sister companies in the UK and North and South America.”
The construction, contracting and infrastructure industry is an IFS targeted vertical market. IFS offers a complete and integrated business solution that manages the entire contract lifecycle—design, procure, manufacture, build, construct and install, commission, maintain and service, spares and supply chain, repair, refurbish, and disposal.
IFS Applications includes functionality for contract and project management, risk management, project budgeting and forecasting, finance and project accounting, resource planning, scheduling and optimization, asset and service management, spares management, mobile solutions for site work, call and case management including SLA, all fully integrated with human resources and document management. IFS customers in the Construction, Contracting and Infrastructure industry include Alliance Contracting, Brierty, Contiga, Graham, Technip, Hertel, Debut Services, Fabcon, Babcock Group, Agility Group, Heerema Fabrication Group, Clancy Docwra, Damen Shipyards, Seadrill, Eltel Networks and Infratek.
About Brookfield Multiplex
Brookfield Multiplex is a leading global contractor responsible for creating landmark buildings and infrastructure projects in Australia, the Middle East, Europe, India and Canada.
Established in 1962, it has delivered almost 800 projects with a combined value of more than US$52 billion (AU$54 billion). It has expertise across the residential, health, retail, commercial, education and engineering infrastructure sectors.
With over 500 industry awards, Brookfield Multiplex is known for delivering on time and on budget. By thinking like an owner and understanding clients’ unique requirements, it enables long-term, cost-effective outcomes that add real value to projects.
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. Net revenue in 2012 was SKr 2.7 billion.
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IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on June 17, 2013, at 9:45 a.m. CEST.