LONDON, May 26, 2022 /PRNewswire/ — IFSthe global cloud enterprise software company, today announced that it is positioned in the Leaders category in IDC MarketScape: Global SaaS and Cloud Manufacturing ERP Application Vendor Assessment 2022 (doc. #US49047922, May 2022). The company attributes its continued growth and success to its deep industry expertise, innovative and flexible IFS Cloud solution, and service management expertise.
The IDC MarketScape study provides an assessment of the most popular SaaS and cloud-based manufacturing enterprise resource planning (ERP) software solutions and discusses the most important criteria for manufacturers to consider when evaluating/selection of a system. It examines trends and drivers impacting the global manufacturing industry – including customer and market expectations for more personalized products, deliveries and services, as well as unforeseen events and demand shocks – and how digitally-focused manufacturing companies are turning to SaaS and the cloud. software enabled to deliver flexible and agile ERP applications.
The report reinforces the depth and breadth of IFS’ knowledge of the manufacturing industry, noting how IFS Cloud delivers solutions across all four manufacturing value chains – asset-driven (AOVC), brand-driven (BOVC), engineering-driven (EOVC) and technology-oriented (TOVC).
In addition to deep industry expertise, IFS field service management software is a highlighted asset that stands out as a differentiator, especially as many industry players continue to suffer from the commoditization of products. Manufacturers will continue to explore new value-added services and servitization to increase revenue or enter new markets.
The IDC MarketScape assesses that IFS Cloud offers a flexible and integrated ERP solution tailored to the needs of manufacturers. IFS Cloud supports mixed-mode manufacturing, covering the entire process from design, engineering, estimating and configuration to strategic and operational planning, production, delivery and service.
The report describes how IFS Cloud also supports sustainable manufacturing, a growing area of investment for IFS. In addition to the digital core of finance, human capital management (HCM), manufacturing and distribution, IFS Cloud, a single product that provides all enterprise solutions and capabilities, also includes business asset management. management (EAM), product lifecycle management (PLM), field service management (FSM) and CRM. Launched in April 2021the new value proposition delivers new features twice a year, giving customers the flexibility to stay upgradable, but also providing the flexibility to choose only certain updates.
“Disruption remains an ongoing challenge for the manufacturing industry and is not expected to subside anytime soon. Being able to adapt, be agile and resilient is critical for businesses, especially those with complex but who are also committed to innovation and customer experience,” said Antony Bourne, SVP Industries at IFS. “Other factors such as becoming more sustainable, closing the skills gap and managing the future product/service mix only add to the pressure. At IFS, we live and breathe our clients’ industries, so be confident that we can help them navigate the path to digitization, not only to support key business functions, but also – and perhaps most excitingly – to propel them into their most innovative future with new ways of doing business. ‘apply technology, whether it’s IoT, AI/ML or beyond.Innovation is completely customer-centric and value-driven, to ultimately deliver the high-quality experiences that really matter in their Moment of Service™.”
Download the full report here
About IDC MarketScape
The IDC MarketScape Vendor Assessment Model is designed to provide insight into the competitive fitness of ICT (information and communications technology) vendors in a given market. The research methodology uses a rigorous scoring methodology based on qualitative and quantitative criteria that results in a unique graphical illustration of each vendor’s position in a given market. IDC MarketScape provides a clear framework within which the product and service offerings, capabilities and strategies, and current and future success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and potential vendors.
IFS develops and delivers cloud-based enterprise software for companies around the world that manufacture and distribute goods, build and maintain assets, and run service-oriented operations. Within our single platform, our industry-specific products are inherently connected to a single data model and use embedded digital innovation so our customers can perform at their best when it really matters to them. their customers – at the Moment of Service™. The industry expertise of our people and our growing ecosystem, coupled with a commitment to delivering value at every step, has made IFS a recognized leader and the most recommended supplier in our industry. Our team of 4,500 employees lives our values of agility, reliability and collaboration every day in the way we support our more than 10,000 customers. Find out how our enterprise software solutions can help your business today at ifs.com.
IFS press contacts
MEA & APJ: Adam Gillbe
IFS, Corporate & Executive Communications Director
E-mail: [email protected]
Telephone: +44 7775 114 856
UNITED STATES: Mairi Morgan
E-mail: [email protected]
Telephone: +1 520 396 2155
Europe: Marie-Christin Hansen
E-mail: [email protected]
Telephone: +44 755 306 1878
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