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IFS-IFS Applications

IFS Applications  7.5 by IFS


Overview | Summary | Corporate Info

IFS Applications Overview

Founded in 1983, IFS (OMX STO: IFS) provides component-based enterprise applications developed using open standards. The company's IFS Applications software is available in 54 countries in 22 languages. IFS has more than 2,700 employees worldwide and over 600,000 users across the following seven vertical sectors:

  • aerospace and defense
  • automotive
  • construction, engineering, and service management
  • energy and utilities
  • oil and gas
  • high tech, including life sciences
  • industrial manufacturing
  • process industries, including chemicals, food and beverage, metal, and pulp and paper

Developed using open component-based technology, IFS Applications provides extended enterprise resource planning (ERP) functionality, including

  • customer relationship management (CRM)
  • supply chain management (SCM)
  • product lifecycle management (PLM)
  • corporate performance management (CPM)
  • enterprise asset management (EAM)
  • maintenance, repair, and overhaul (MRO)

IFS Applications' service-oriented architecture (SOA) is designed to help companies collaborate with partners, suppliers, and customers.

Throughout the world, IFS helps leading companies improve profitability, meet regulatory requirements, and take advantage of new business opportunities. IFS' industry-focused software solutions are optimized for enterprise resources planning (ERP), enterprise asset management (EAM), and maintenance, repair, and overhaul (MRO). Based on open, component-based technology, IFS software provides faster payback, reduced risk, and freedom of choice.

For more information, visit the company's web site:

and product homepage:

IFS Applications Summary

Industry Focus

The vertical segment or industry to which IFS Applications applies.

  • Aerospace and Defense (A&D)
  • Automotive
  • Chemicals
  • Consumer Packaged Goods (CPG)
  • Education
  • Electronics/High–Tech
  • Energy
  • Engineering and Construction
  • Fabricated Metals
  • Food and Beverage
  • Forestry
  • Furniture and Fixtures
  • Industrial and Commercial Products/Machinery
  • Lumber/Wood
  • Manufacturing
  • Medical Devices and Laboratory Equipment
  • Mining
  • Oil and Gas
  • Paper Products
  • Pharmaceutical/Life Science
  • Public Sector/Government
  • Rubber/Plastic
  • Service Provider
  • Steel/Mill Products
  • Telecommunication
  • Transportation
  • Utilities

Product Portfolio

Functionality, services, or modules offered by IFS Applications.

  • Account management
  • Accounts payable
  • Accounts receivable
  • Benefits management
  • Budgeting
  • Capital asset management
  • Cash management
  • Chat room and discussion forum
  • Contact management
  • Cost accounting
  • Customer contract management
  • Customer service and support
  • Data warehouse functions
  • Demand management
  • Document management
  • E–mail notification and message board
  • Employee self–service
  • Expense management
  • Financial reporting
  • Fixed assets
  • General ledger
  • Invoice management and generation
  • Marketing automation
  • Multiple user management
  • Partner management
  • Payroll
  • Performance appraisal
  • Personnel management
  • Portfolio management
  • Process management
  • Procurement and on–line reporting
  • Project accounting
  • Project costing and billing
  • Project management
  • Purchase order management
  • Record management
  • Repetitive vendor procurement
  • Requisitions and quotation management
  • Resource management
  • Resource sharing
  • Risk management
  • Sales management
  • Regulatory compliance (Sarbanes–Oxley, etc.)
  • Time management
  • User preference and contact details
  • Vendor contracts and agreements management
  • Vendor relationship management (VRM)


The ability IFS Applications has to adapt to non-native, national or regional standards(e.g., tax and regulatory compliance). This relates to IFS Applications's level of presence and localization capabilities.

  • Africa
  • Asia
  • Southeast Asia (including the Far East and Japan)
  • Australasia
  • Europe (east, central, and south)
  • Europe (west and north, including the United Kingdom)
  • Latin America (Mexico, Central America, and South America)
  • North America (Canada and the United States)
  • Middle East

Server Platform

A selection of server platforms supported by IFS Applications.

  • IBM mainframe
  • Linux (such as SUSE, Red Hat, or Debian/Ubuntu)
  • Unix (such as Solaris or AIX)
  • Windows Server (such as NT/2003/Vista)

User Company Size

The user company size (the total number of employees) that IFS Applications is suitable for.

  • 51 – 200 Employees
  • 201 – 500 Employees
  • 501 – 1,000 Employees
  • 1,001 – 5,000 Employees
  • 5,001 – 10,000 Employees
  • Over 10,000 Employees

User Company Sites

The number of user company sites that IFS Applications is suitable for.

  • Single–site enterprise
  • 2–10 sites
  • 11–20 sites
  • 21–40 sites

IFS Corporate Info

Headquarters: Teknikringen 5
583 30

Chief Executive Officer Michael Hallen
Contact Phone: <?XML:NAMESPACE PREFIX = SKYPE />  1-888-437-4968  1-888-437-4968
Fax: 1-520-512-2001
Toll Free: NA
Fiscal Year-end: December

Fiscal Year Revenues (Growth): $297M (USD)
Fiscal Year Net Earnings (Growth): $13M (USD)
Fiscal Year Product vs. Services:
Product: 39%
Services: 25%
Fiscal Year Employees: 3,144




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