IFS named a Major Player for ERP in IDC MarketScape
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Global enterprise applications company, IFS’s enterprise resource planning (ERP) suite has been positioned as a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Operational ERP Applications 2019 Vendor Assessment.
IFS provides one complete ERP solution for global businesses that manufacture and distribute goods, maintain assets and manage service-focused operations.
The IDC MarketScape positioned IFS in the Major Players category, based on a comprehensive analysis of the company’s strategies and capabilities.
The research study notes the following strengths in IFS’s suite of technology:
- Customer intimacy - IFS recognises that deep industry knowledge is key to its customers' success because manufacturing experts have for decades worked closely with customers to perfect their solution, resulting in some customers achieving twice the ROI improvement. AI was applied to the IFS Dynamic Scheduling Engine for a transportation company, which increased the availability of working machines by 20% - allowing more contracts to be completed without the addition of staff.
- Flexible product - IFS has multimode manufacturing capabilities, visual drag-and-drop functionality for operational planning and scheduling, integrated eco-footprint functionality, integrated service management, and complete functionality for product life-cycle management.
- Cloud first and innovation - IFS Applications strategy is to have a cloud-first mindset. IFS does major investments to adapt and engineer IFS Applications for the cloud. IFS currently enables IoT, data imaging, data integration, and BI/advanced analytics. IFS also supports in its IFS Labs blockchain, artificial intelligence/machine learning, RPA, AI, HoloLens, VOX, and conversational UI.
“Reports like this IDC MarketScape validate the industry-leading product capabilities of which IFS is proud to deliver to ERP customers around the globe,” says IFS industries business unit president Antony Bourne.
“Our entire organisation, including product management and development, is architected to serve the current and future needs of our customers. By maintaining a direct line of communications with customers, prospects and partners, we can offer an ERP platform that delivers the kind of business value our customers expect from IFS.”