Wednesday, June 19, 2013
IFS Applications #1 in aerospace and defense enterprise asset management software
IFS, the global enterprise applications company, has been identified as the number one vendor in market share in enterprise asset management (EAM) and field service management (FSM) software for aerospace & defense industries by ARC Advisory Group, the leading information technology research and advisory firm for industry and infrastructure.
In its new publication “Enterprise Asset Management and Field Service Management, Market Analysis and Forecast through 2017,” ARC Advisory Group recognizes IFS as the leading supplier to the global aerospace & defense industry.
“Aerospace and defense is a sector with significant requirements for traceability, asset serialization, and heavy maintenance, repair and overhaul,” ARC Research Director for Enterprise Software Ralph Rio said. “The key users are the military, defense contractors, and commercial aviation sectors – all of which require high equipment reliability for a large number of mission-critical assets.”
“It should not come as a surprise that we have been, for multiple years now, number one in this industry,” IFS North America Vice President for Aerospace and Defense Kevin Deal said. “We develop our product from the standpoint of supporting the warfighter and the support chain. We support all of the different types of maintenance repair and overhaul (MRO) the sector needs, including heavy MRO, complex MRO, depot MRO as well as component repair. And we work with the largest tier one defense systems integrators in the world.”
For more information on ARC’s findings, visit http://www.arcweb.com/Research/Studies/Pages/EAM.aspx to view an overview or obtain the full‐length report.
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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