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
HQItasca, US
Websiteifs.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Aug 2020)5,186
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
Neil Masom

Neil Masom

Director
Cindy Jaudon

Cindy Jaudon

Regional President, Americas
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IFS Office Locations

IFS has offices in Itasca, Boston, Brentwood, Brookfield and in 58 other locations
Itasca, US (HQ)
300 Park Blvd #555
Boston, US
294 Washington St #700
Brentwood, US
2001 S Hanley Rd #100
Brookfield, US
300 N Executive Dr #200
Holmdel, US
101 Crawfords Corner Road, Suite 2511-W
Honolulu, US
3049 Ualena St #715
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IFS Financials and Metrics

Summary Metrics

Founding Date

1983

Time since last funding

3 years ago

IFS investors

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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

22 25

Customers

10 k10 k

Partners

400 400

Users

1 m
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IFS Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

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 Online and Social Media Presence

Embed Graph

IFS Blogs

Coffee Break with AI – Games and AI Part 1

Coffee Break with AI is brought to you by Elisio Quintino and Martijn Loos. In this edition of Coffee Break... The post Coffee Break with AI – Games and AI Part 1 appeared first on IFS Blog.

Alfa Laval Drives Service Excellence with Remote Assistance

Alfa Laval is a Swedish company founded in 1883 that is a world leader within the key technology areas of... The post Alfa Laval Drives Service Excellence with Remote Assistance appeared first on IFS Blog.

IFS Named a Leader for Fifth Consecutive Time in Gartner’s Magic Quadrant for Field Service Management

Gartner has named IFS a Leader in the Magic Quadrant for Field Service Management with IFS positioned highest in ability... The post IFS Named a Leader for Fifth Consecutive Time in Gartner’s Magic Quadrant for Field Service Management appeared first on IFS Blog.

IFS Planning and Scheduling Optimization – Our Own Crystal Ball

What makes humans different? What attribute separates us from other species? The primary one I would suggest is our ability... The post IFS Planning and Scheduling Optimization – Our Own Crystal Ball appeared first on IFS Blog.

IFS Partners with TomTom to Set the Standard for Best-in-Class Optimization

Here at IFS, we understand that scheduling and planning optimization can be so much more than a bludgeon to lower... The post IFS Partners with TomTom to Set the Standard for Best-in-Class Optimization appeared first on IFS Blog.

Q&A With IFS Partner: Kreuzbauer

In this installment of our interview series, I caught up with one of the longest-serving members in the German-speaking partner... The post Q&A With IFS Partner: Kreuzbauer 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 5,186 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 kr1.2 m.

  • Who are IFS competitors?

    Competitors of IFS include PDI Software, QAD and American Software.

  • Where is IFS headquarters?

    IFS headquarters is located at 300 Park Blvd #555, Itasca.

  • Where are IFS offices?

    IFS has offices in Itasca, Boston, Brentwood, Brookfield and in 58 other locations.

  • How many offices does IFS have?

    IFS has 62 offices.