15 February, 2010
IFS joins FIATECH and aims for ISO15926
IFS, the global enterprise applications company, joins FIATECH, an association of companies that build large assets such as refineries, power plants, large commercial buildings, or manufacturing facilities. Members of FIATECH also include leading providers of engineering, design, and construction services.
According to the International Organization for Standardization, ISO 15926 specifies a representation of information associated with engineering, construction and operation of process plants. This representation supports the information requirements in all phases of a plant's lifecycle and the sharing and integration of information among all parties involved in the plant's lifecycle.
“We are delighted that IFS has joined our industry consortium of owners and operators, AEC & EPC contractors, universities, research institutes and solution providers,” FIATECH Director Dr. Richard H.R. Jackson said. “IFS’ strategic focus on project-based solutions aligns well with FIATECH’s charter of identifying and accelerating the development, demonstration and deployment of fully integrated and automated technologies to deliver the highest business value throughout the lifecycle of all types of capital projects.”
“IFS became a member of FIATECH because of their commitment to developing standards and solutions that support the complex requirements of project-based companies,” IFS Global Product Director Engineering & Maintenance, Christian Klingspor, said.
IFS has a strong focus on providing project-based solutions to capital-asset-intensive industries such as oil & gas, energy and utilities as well as aerospace and defense. Compared with traditional ERP suites IFS Applications features a multi-discipline Engineering Register, and comprehensive MRO and EAM modules.
The FIATECH 2010 Conference takes place on March 29-31 in Houston, TX.
During the event, IFS will participate in a special meeting for software developers chaired by FIATECH Director, Dr. Richard H.R. Jackson. The meeting will provide an opportunity for software developers to discuss common issues that FIATECH as a community can address, in particular the ISO 15926 standard.
IFS was also selected by the FIATECH Conference Planning Committee to present on Eco-footprint Management during the track on Achieving Success in Safety, Sustainability & Energy Efficiency.
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 2009 was SKr 2.6 billion.