IFS is a provider of Industrial AI and enterprise software, focusing on businesses that service, power, and protect essential infrastructure. Founded in 1983, the company delivers cloud-based solutions tailored for industry-specific complexity.
Its product suite includes Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Field Service Management (FSM), and Enterprise Service Management (ESM), all designed to integrate advanced AI capabilities for sectors like manufacturing, aerospace & defense, and energy.
IFS demonstrates significant growth, with 23% year-over-year increase in Annual Recurring Revenue and 30% growth in cloud revenue in fiscal year 2025. Recurring revenue constitutes 83% of total revenue, and the net retention rate stands at 114%.
The company has a global presence in over 90 countries, serving industries such as utilities & resources, telecommunications, and construction & engineering, underscoring its broad market reach.
