By continuing to grow faster than many others, and by even reverting to profits, IFS has been defending the pride of quite beleaguered Tier 2 & 3 applications vendors. However, the bigger vendors will sell their aspirations dearly, and IFS still has a long way to go to achieve full-fledged credibility in the global market.
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to the task of building IFS's EAM software on top of the ABB Industrial IT platform, which controls processes in power transmission, power distribution, automation, oil, gas, petrochemicals, and building technologies. Greater shift of focus on its still relatively undeveloped indirect channel, which has been a major success factor for some companies in the mid-market, and which will be executed through a number of announced market/industry-based partnerships, could remedy IFS' predicament in the long