Strategic Partnerships and Integrations of IFS Cloud
Process and Control Today | IFS Ultimo Targets Channel Expansion in ...
IFS Ultimo is expanding its channel partner ecosystem across key regions, aiming to quadruple indirect sales by 2030. The enterprise asset management software provider is enhancing its partner progra...ms with expanded margins, increased lead allocation, and a new sales certification system. This strategy supports the growing demand for EAM solutions in sectors like manufacturing and healthcare, driven by digital transformation and cost reduction needs.
Mergers, Acquisitions, and Business Moves by IFS Cloud
IFS acquires 7bridges for AI-powered supply chain logistics planning and automation
IFS has acquired 7bridges, a UK-based startup specializing in AI-powered logistics planning and automation. This acquisition enhances IFS's capabilities in supply chain management by integrating adva...nced AI tools for data aggregation, simulation, and scenario planning. The 7bridges solution connects planning to execution, optimizing logistics and freight management. This move aligns with IFS's strategy to deepen its AI-driven offerings and improve supply chain efficiencies for its customers.
IFS acquires 7bridges to transform industrial supply chains with AI
IFS has acquired 7bridges, an AI-powered supply chain management solution provider, to enhance its capabilities in logistics and transportation optimization. This acquisition aims to strengthen IFS's... position in Industrial AI by integrating 7bridges' advanced AI simulation and analytics into its offerings, targeting asset and service-centric industries such as manufacturing and aerospace.
Ultimo Accelerates US Growth with Acquisition of FSI Software - IFS
Ultimo, an IFS company, has acquired FSI, a leader in healthcare technology management software, marking its second U.S. acquisition in 12 months. This move enhances Ultimo's capabilities in healthca...re asset management and strengthens its presence in the U.S. market. The acquisition aligns with Ultimo's AI-first vision and strategic growth in asset-intensive industries.
Ultimo, an IFS Company, Accelerates US Growth with Acquisition of FSI Software
Ultimo, an IFS company, has acquired FSI Software, a leader in healthcare technology management, to enhance its presence in the U.S. market. This acquisition, Ultimo's second in the U.S., aims to exp...and healthcare innovation capabilities and support digital transformation in asset management. The move aligns with Ultimo's strategic growth and commitment to providing AI-augmented enterprise asset management solutions.
IFS The Loops Acquisition Ignites Industrial AI Agents Revolution
IFS has acquired TheLoops, enhancing the integration of autonomous AI agents in industrial operations. This acquisition combines IFS's enterprise expertise with TheLoops's real-time orchestration too...ls, creating a platform that autonomously manages and optimizes industrial processes. The move positions IFS at the forefront of enterprise software evolution, emphasizing efficiency and control in manufacturing environments.
IFS acquires TheLoops to power worlds first industrial AI agents
IFS has acquired TheLoops, an AI-powered customer experience platform, to accelerate the launch of the worlds first industrial AI agent workforce. This move will integrate TheLoops real-time AI and a...utomation capabilities into IFSs enterprise software, enabling mission-critical operations to deploy intelligent agents across asset management, service, and manufacturing. The acquisition strengthens IFSs position in industrial AI and expands its portfolio for global enterprise customers.
Funding News and Financial Performance of IFS Cloud
IFS Surges Ahead in H1 2025: 30% ARR Growth and Breakthrough Agentic AI Cement Industrial Leadership - Process and Control Today
IFS reported a 30% growth in Annual Recurring Revenue (ARR) for H1 2025, driven by its Industrial AI solutions. The company launched Nexus Black, an AI innovation accelerator, and acquired TheLoops t...o enhance its AI capabilities. IFS also released IFS Cloud 25R1 with over 200 AI-driven features. The company secured major clients like Arcelor Mittal and Japan Airlines, reinforcing its leadership in the industrial AI sector.
IFS surges ahead in H1 2025: 30% ARR growth and breakthrough agentic AI cement industrial leadership
IFS reported a 30% year-over-year increase in Annual Recurring Revenue (ARR) for H1 2025, driven by its Industrial AI solutions. The company launched Nexus Black, an AI innovation accelerator, and ac...quired TheLoops to enhance its AI capabilities. IFS secured new customers, including Arcelor Mittal and Japan Airlines, and maintained strong demand for its AI-powered solutions from previous acquisitions.
Leadership and Executive Team Updates at IFS Cloud
IFS appoints Kriti Sharma as CEO of Nexus Black
IFS has appointed Kriti Sharma as CEO of Nexus Black, its AI innovation accelerator. This strategic move aims to enhance IFS's leadership in Industrial AI, focusing on developing agentic AI systems f...or industries like manufacturing and energy. Sharma, an AI expert with experience at Thomson Reuters and Sage Group, will lead efforts to deliver scalable, industry-specific AI solutions.
IFS Appoints Kriti Sharma as CEO of Nexus Black, Expands AI leadership Team
IFS has appointed Kriti Sharma as CEO of Nexus Black, emphasizing its focus on Industrial AI. Sharma, an AI leader with a history at Thomson Reuters and Sage Group, will lead Nexus Black in developin...g agentic AI systems for industries like manufacturing and energy. This move is part of IFS's strategy to enhance its AI capabilities and deliver industry-specific solutions.
IFS Appoints Industry Veteran Mark Buongiorno as President of Aerospace & Defense, to Accelerate Strategic Growth - Yahoo Finance
IFS appointed Mark Buongiorno as president of aerospace and defense. Buongiorno brings over 30 years of experience in operations, customer engagement, and partner leadership. His role will focus on a...ccelerating IFSs growth in the aerospace and defense software sector, leveraging enterprise cloud and industrial AI solutions.
Awards, Recognitions, and Industry Achievements of IFS Cloud
IFS is the only company named as a Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer for Cloud ERP for Product-Centric Enterprises - Yahoo Finance
IFS has been recognized as the sole Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer for Cloud ERP for Product-Centric Enterprises. This distinction highlights IFS's high cus...tomer satisfaction and adoption rates. IFS Cloud ERP is praised for its user-friendly interface, configurability, and robust capabilities across various industries, supported by embedded Industrial AI.
IFS the only company named as a Customers' Choice in the 2025 ...
IFS is recognized as the only Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer report for Enterprise Asset Management Software.
Gordon Murray Group strengthens partnership with IFS, upgrading to IFS Cloud to power next-gen automotive innovation - Yahoo Finance
Gordon Murray Group is enhancing its partnership with IFS by upgrading to IFS Cloud, incorporating Industrial AI to support the production of the T.33 supercar. This upgrade aims to scale GMG's opera...tions, providing real-time data visibility and improved efficiency across supply chain, finance, and manufacturing functions. The collaboration will enable GMG to maintain its innovative edge in automotive design and engineering.
IFS Wins Another Customer in Migration from TCM Software to IFS e - Business and Enterprise Solutions
IFS is converting Opus Inc. from TCM software to IFS Applications 2000, enhancing their supply chain management with web-based components. Opus is a major bird feeder manufacturer in the U.S.
