IFS, one of the world's largest software vendors - ARC Advisory
IFS,
the global enterprise applications company, has been identified as one
of the world's major vendors within three different Enterprise Asset
Management (EAM) fields by ARC Advisory Group.
The report places IFS as the single largest vendor within aerospace
and defences, the second largest within the oil and gas industry and the
third within power generation. The combined rankings make IFS the third
largest EAM software vendor globally.
The ARC Advisory Group is the leading information technology research
and advisory firm for industry and infrastructure. In its new
publication "Enterprise Asset Management and Field Service Management,
Five Year Market Analysis and Technology Forecast through 2015," ARC
Advisory Group indicates that IFS Applications holds a dominant market
share in terms of EAM software in many asset and maintenance-intensive
industries. "Some consider EAM a mature technology, but today's dynamic
market forces demand operational excellence and high return on assets.
This drives the need for a modern EAM system - particularly for the
asset intensive industries," ARC Advisory Group Research Director Ralph
Rio said. They want to move beyond simple maintenance management, and
towards the ability to make asset data more interactive with the rest of
the enterprise.
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