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Latest Product Updates and Feature Enhancements on IFS Cloud
Industrial AI boosts innovation at IFS Connect in Riyadh - ZAWYA
IFS highlighted its Industrial AI capabilities at the IFS Connect MEA 2025 event in Riyadh, showcasing platforms like Nexus Black and IFS.ai. The event emphasized AI's role in driving efficiency and ...growth across sectors like defense and energy. IFS also announced acquisitions of 7bridges and TheLoops, enhancing its service-centric and predictive intelligence offerings. A strategic partnership with Saudi Business Machines aims to accelerate digital transformation in Saudi Arabia.
Strategic Partnerships and Integrations of IFS Cloud
Process and Control Today | IFS Partners with Anthropic to Develop Powerful Industrial AI Solutions, Accelerating the Next Industrial Revolution
IFS has partnered with Anthropic to develop industrial AI solutions, launching IFS Nexus Black's Resolve. This AI tool aids industries like energy and manufacturing by predicting equipment failures a...nd optimizing operations. William Grant & Sons distillery uses Resolve to reduce downtime and save 8.4 million annually. The partnership aims to enhance disaster response, enabling faster power restoration after weather events.
IFS, Siemens partner to power autonomous grid of future - ZAWYA
IFS and Siemens have formed a strategic partnership to enhance grid operations through integrated AI-driven solutions. This collaboration combines Siemens' expertise in grid planning and electrificat...ion with IFS's capabilities in enterprise asset management and AI-powered scheduling. The partnership aims to address challenges in infrastructure management and accelerate the transition to autonomous grid operations, benefiting utilities and energy operators with improved efficiency and sustainability.
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 - ZAWYA
IFS has acquired 7bridges, an AI-powered supply chain management solution provider, to enhance its capabilities in logistics and transportation optimization. This acquisition strengthens IFS's positi...on in Industrial AI, allowing it to expand into asset and service-centric industries, particularly manufacturing and aerospace. The integration of 7bridges' technology will accelerate the development of AI-enabled supply chain solutions within IFS Cloud.
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 Robi Gone as Chief Information Officer
IFS has appointed Robi Gone as its new Chief Information Officer, succeeding Helena Nimmo. Robi, who previously led digital transformation at Shell, will oversee IFS's global IT strategy and join the... Executive Board. His expertise in enterprise transformation and digital platforms is expected to drive IFS's technology modernization and innovation.
IFS Appoints Mihita Podobnik as Chief People Officer
IFS has appointed Mihita Podobnik as Chief People Officer, succeeding Debra McCowan. Podobnik, previously IFS Chief of Staff, will focus on advancing the company's people-first agenda amid global sca...ling efforts. Her leadership is expected to drive strategic initiatives and transformation within the company.
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.
Corporate News and Organizational Updates on IFS Cloud
IFS to showcase industrial AI leadership at IFS Connect MEA ... - ZAWYA
IFS will host its flagship event, IFS Connect MEA 2025, in Riyadh, showcasing its industrial AI solutions like IFS.ai and Nexus Black. The event will highlight IFS's role in Saudi Arabia's Vision 203...0, featuring industry innovations and customer success stories. IFS also appointed Mohammed Saadeh as its Country Sales leader in Saudi Arabia.
