February-04-11

IFS Hosts the first Project-based industry Advisory Council

Today, IFS launches the first Project-based industry Advisory Council (PAC), with the objective to establish a platform for the exchange of knowledge and experience between IFS and its customers within the project-based industry. Those invited are world-renowned organizations who are all leaders within their respective field. The agenda revolves around opportunities and challenges facing the project-based industry today.

For many years IFS has

For many years IFS has worked actively to create forums where customers and partners can meet and discuss market challenges and exchange ideas. In addition to user groups and OpenIFS – IFS’s online community – the Industry Advisory Councils establish a point of convergence where customers and IFS global industry experts can discuss needs, requirements, and ideas in a frank and open manner. Today’s advisory council will be the first with focus on the project-based industry, an industry in which IFS has many years of experience.

"One of the central objectives with this council is to maximize the benefits that our customers reap from using our project-based industry solutions," IFS Global Industry Director, Construction and Contracting Kenny Ingram said. "For IFS, we benefit from our customers who hold the real expertise when it comes to best practices within project management. Our customers get the opportunity to influence the IFS product direction, which means their best practice processes can become part of the product."

STX OSV, the global shipbuilding group, is one of the companies attending the council.

"It is important for us to have a committed and responsive ERP provider," STX OSV CIO Noralf Gamlem said. "It is also of great value for us to be able to talk to other companies facing the same challenges within the project-based industry. I believe that cooperation on this level will ultimately benefit all parties."

The project-based industry is one of IFS’s key targeted markets, making the first project-based industry Advisory Council important for future product development in a field associated with complex business processes and rigid constraints in both time and cost. IFS’s project-based solutions offer an integrated system for management of the project’s entire lifecycle, with a special focus on HR, financials and asset management.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management.

Contact Information

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Phone: +46 8 58 78 45 00

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Chuck Rathmann

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Kristy Mills

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