IFS' Tamed Growth + Continued Losses + Increased Competitors' Lobby Talk = Decreased Customer Confidence
P.J. Jakovljevic - June 15, 2001

Event Summary

On May 17, IFS Industrial & Financial Systems AB, a Swedish mid-market business applications vendor, was presented, for the second consecutive year, with the Computerworld IT Company of the Year award in Brazil. IFS, which has only been operating in Brazil for slightly less than four years, took the prize in competition with more than 100 midsize IT companies. Computerworld, owned by the global publishing house, IDG, annually selects the IT company of the year in Brazil. Computerworld cited the following reasons for selecting IFS: 'IFS has been named IT Company of the Year in Brazil due to its sales successes in 2000, combined with a number of criteria such as market share, the way it conducts business, its partnership program, product quality, and market acceptance.'..