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April 21, 2015 10:35 PM ET

Software

Company Overview of Industrial & Financial Systems IFS AB

Company Overview

Industrial and Financial Systems, IFS AB (publ) supplies component-based enterprise applications developed using open standards and service-oriented architecture. The company operates through Europe North; Europe West; Europe Central; Europe East; Americas; Africa, Asia, and Pacific segments. It offers IFS Applications, an integrated application suite that delivers enterprise asset management (EAM), enterprise resource planning (ERP), enterprise project management, and supply chain management to demanding and global businesses. The company’s IFS Applications include financials, human resources, quality management, document management, customer relationship management, business intelligence, ...

Teknikringen 5

Linköping,  583 30

Sweden

Founded in 1983

2,707 Employees

Phone:

46 1 34 60 36 00

Fax:

46 1 34 60 40 01

Key Executives for Industrial & Financial Systems IFS AB

Industrial & Financial Systems IFS AB does not have any Key Executives recorded.

Industrial & Financial Systems IFS AB Key Developments

Nordic Packaging Manufacturer Selects IFS AB Applications as its ERP System

IFS AB has announced that a Nordic manufacturer of packaging solutions has chosen IFS Applications as its ERP system to support its current and future needs. The agreement includes licenses and services worth approximately SKr 11 million. The company needed a new ERP solution that could support its mixed-mode manufacturing while enabling rapid global growth. After an extensive screening of the business software market, the company chose IFS Applications over competing solutions from vendors such as Microsoft and SAP. IFS Applications will support business-critical processes including financials, engineering, supply chain, manufacturing, and service management.

SII Group Selects IFS to Optimize Project Management Across its International Operations

IFS announced that SII Group has chosen to implement IFS Applications(TM) to enhance project management and business-critical processes such as quality management and export control. IFS Applications to be deployed for 4,430 users in 14 countries starting with France, Romania, Spain, and Germany. The solution includes support for project management, quality management including audit management, and export control for enhanced collaboration with customers in heavily regulated verticals such as aerospace and defense. IFS Applications will be deployed for 430 users with an additional 4,000 SII staff accessing the system for project and time reporting. The implementation project is expected to be completed in second quarter of 2016.

IFS Secures SEK 11 Million Contract

IFS announced that a Nordic manufacturer of packaging solutions has chosen IFS Applications as its ERP system to support its current and future needs. The agreement includes licenses and services worth approximately SEK 11 million. The company needed a new ERP solution that could support its mixed-mode manufacturing while enabling rapid global growth. After an extensive screening of the business software market, the company chose IFS Applications over competing solutions from vendors such as Microsoft and SAP. IFS Applications will support business-critical processes including financials, engineering, supply chain, manufacturing, and service management.

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Type
Date
Target
Merger/Acquisition
February 11, 2015
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