IFS, a provider of Industrial AI software, has disclosed that it has entered into a definitive agreement to acquire Softeon, a provider of cloud-native Warehouse Management Systems (WMS). This strategic move extends IFS’ Industrial AI capabilities into the US$8.6 billion warehouse management systems market, creating an integrated platform that connects manufacturing operations seamlessly with intelligent […]
Softeon becomes part of IFS Read More »
IFS, the industrial AI software provider, has appointed Robi Gone as its new Chief Information Officer, following the retirement of Helena Nimmo. Gone will oversee the company’s global IT strategy and will play a central role in shaping its next phase of digital development. He joins IFS from Shell, where he spent more than a
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IFS has announced the acquisition of 7bridges, an AI-driven supply chain management company. The move strengthens IFS’ position as a leader in Industrial AI, particularly in logistics and transport optimisation. 7bridges uses advanced AI simulation and analytics to streamline supply chains. Its platform automates logistics networks by combining rapid data capture, a strong semantic data
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IFS has named Kriti Sharma as Chief Executive Officer of IFS Nexus Black, a strategic move that underscores the company’s ambition to lead in the field of Industrial AI. Nexus Black, launched earlier this year, serves as IFS’s dedicated AI innovation accelerator, focused on developing agentic AI systems tailored to complex, asset- and service-intensive industries.
Kriti Sharma named CEO of IFS Nexus Black to drive industrial AI innovation Read More »
IFS, a global provider of enterprise cloud and Industrial AI software, has announced the appointment of Mark Buongiorno as President of its Aerospace & Defence business. Based in North America, Buongiorno brings over 30 years of leadership, engineering and operational expertise within the Aerospace & Defence sector. He succeeds Scott Helmer, who moves into the
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Japan Airlines (JAL) has embarked on a major digital transformation initiative aimed at overhauling its longstanding aircraft maintenance management system. The airline, which has relied on its existing system for over 15 years, has selected IFS Cloud for Aviation Maintenance to lead this modernisation project. IFS is providing the integrated platform. IFS Cloud for Aviation
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IFS, a provider of enterprise cloud and Industrial AI software, has appointed Matt Breslin as President, North America. Breslin joins from Upland Software, where he served as Chief Revenue Officer, leading global go-to-market functions, including sales, marketing, strategic alliances and customer success. In his new role, he will leverage his extensive enterprise software leadership experience
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IFS, a prominent provider of enterprise cloud and industrial AI software, has reported its strongest-ever financial performance for the year ending December 31, 2024. Sustained organic global growth, driven by increasing demand for industrial AI, has propelled annual recurring revenue (ARR) to surpass €1 billion, with total revenue for the year reaching €1.228 billion. The
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IFS, a provider of enterprise cloud and industrial AI software, has announced its partnership with CRISALION Mobility, a Spanish company acclaimed for its efficient, safe and sustainable advanced electric mobility solutions. CRISALION has chosen IFS Cloud to enhance the design, manufacturing and maintenance processes for its passenger and cargo eVTOL aircraft, as well as its
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Rolls-Royce’s Power Systems division, under its mtu-brand, will implement IFS Cloud to enhance its global service operations and support its strategic goals of efficiency, sustainability and growth. As Power Systems transitions to a solution-provider approach, with over 10,000 employees, it sought an innovative solution to improve service-level agreement (SLA) fulfilment and boost scheduling efficiency. Using
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