OverviewSuggest Edit

IFS (Industrial & Financial Systems) is a provider of enterprise resource planning (ERP), enterprise asset management, and service management software. Its solutions are primarily used by customers who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. The company serves aerospace and defense, telecommunications, energy, utilities, and resources, engineering, construction, and infrastructure, manufacturing, and service industries.

TypePrivate
Founded1983
HQLinköping, SE
Websiteifs.com
Employee Ratings4.2

Latest Updates

Employees (est.) (May 2021)4,842(-4%)
Job Openings37
Revenue (FY, 2019)KR6.3 B(+20%)
Cybersecurity ratingBMore

Key People/Management at IFS

Darren Roos

Darren Roos

Chief Executive Officer
Johannes Reichel

Johannes Reichel

Director
Jonas Persson

Jonas Persson

Chairman of the Board
Christian Pedersen

Christian Pedersen

Chief Product Officer
Ben Vollmer

Ben Vollmer

Senior VP, Product Management
Cindy Jaudon

Cindy Jaudon

Regional President, Americas
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IFS Office Locations

IFS has offices in Linköping, Göteborg, Solna, Boston and in 53 other locations
Linköping, SE (HQ)
Teknikringen 5
Göteborg, SE
Gullbergs Strandgata 15
Solna, SE
Gustav III:s Boulevard 50
Buenos Aires, AR
Avenida Sgto. My Presidente Derqui Buenos Aires AR, Av. Sgto Cayetano Beliera 3025
Brisbane City, AU
Level 11/110 Eagle St
Hawthorn, AU
Level 3/765 Glenferrie Rd
Show all (60)

IFS Financials and Metrics

Summary Metrics

Founding Date

1983

Time since last funding

4 years ago

IFS investors

Show all financial metrics

IFS Revenue

IFS's revenue was reported to be kr6.32 b in FY, 2019 which is a 20% increase from the previous period.
Annual
SEKFY, 2017FY, 2018FY, 2019

Revenue

4.2b5.3b6.3b

Revenue growth, %

16%25%20%

Cost of goods sold

1.8b2.2b

Gross profit

2.4b3.0b
Quarterly
SEKQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

969.0m1.0b946.0m1.3b1.1b1.3b1.3b1.4b1.6b4.6b1.8b1.7b
SEKFY, 2016FY, 2017FY, 2018

Accounts Receivable

931.0m1.1b1.2b

Inventories

8.0m3.0m

Current Assets

2.9b2.0b2.3b

PP&E

136.0m205.0m282.0m
SEKFY, 2016FY, 2017FY, 2018

Net Income

280.0m512.0m(246.0m)

Depreciation and Amortization

276.0m276.0m

Inventories

(9.0m)6.0m

Accounts Payable

71.0m(48.0m)269.0m
SEKFY, 2016

Financial Leverage

2.9 x
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IFS Operating Metrics

IFS's Customers was reported to be 10 k in Jul, 2020. IFS's Users was reported to be 1 m in Jul, 2020.
Sep, 2019Jul, 2020

Countries

2225

Customers

10 k10 k

Partners

400400

Users

1 m
Show all operating metrics

IFS Revenue Breakdown

Embed Graph

IFS revenue breakdown by business segment: 38.8% from Consulting, 34.1% from Maintenance and support and 27.1% from License

IFS Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

IFS Online and Social Media Presence

Embed Graph

IFS Blogs

IFS Cloud for Construction – The Time to Transition is Now

As the global construction industry matures and continues its strong rebound from the pandemic, the number of contractors transitioning their... The post IFS Cloud for Construction – The Time to Transition is Now appeared first on IFS Blog.

The People Behind IFS Cloud | Roshani Dias

The People Behind IFS Cloud is a blog series meant to surface stories of the amazing individuals behind IFS Cloud. From developers and engineers... The post The People Behind IFS Cloud | Roshani Dias appeared first on IFS Blog.

IFS Cloud Wins Cloud Innovation of the Year in Tech Ascension Awards

IFS Cloud has been recognized as the Cloud Innovation of the Year by the Tech Ascension Awards. IFS Cloud is... The post IFS Cloud Wins Cloud Innovation of the Year in Tech Ascension Awards appeared first on IFS Blog.

Defining Your Moment of Service

I’ve been in the industry long enough to understand that what drives exceptional businesses is often exceptional service. Service has,... The post Defining Your Moment of Service appeared first on IFS Blog.

Industrial machines – a move to servitization and circularity

The servitization megatrend is upon us. Industrial machine manufacturing companies are adding service revenue streams and changing their business models,... The post Industrial machines – a move to servitization and circularity appeared first on IFS Blog.

People Behind IFS Cloud | Chamilka Baranasuriya

The People Behind IFS Cloud is a blog series meant to surface stories of the amazing individuals behind IFS Cloud. From developers and... The post People Behind IFS Cloud | Chamilka Baranasuriya appeared first on IFS Blog.
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IFS Frequently Asked Questions

  • When was IFS founded?

    IFS was founded in 1983.

  • Who are IFS key executives?

    IFS's key executives are Darren Roos, Johannes Reichel and Jonas Persson.

  • How many employees does IFS have?

    IFS has 4,842 employees.

  • What is IFS revenue?

    Latest IFS annual revenue is kr6.3 b.

  • What is IFS revenue per employee?

    Latest IFS revenue per employee is kr1.3 m.

  • Who are IFS competitors?

    Competitors of IFS include Accruent, Infor and American Software.

  • Where is IFS headquarters?

    IFS headquarters is located at Teknikringen 5, Linköping.

  • Where are IFS offices?

    IFS has offices in Linköping, Göteborg, Solna, Boston and in 53 other locations.

  • How many offices does IFS have?

    IFS has 60 offices.