IFS invested heavily in both product development and worldwide growth infrastructure for a few years, now with that infrastructure in place, the company’s financial position has improved. This balancing of expenditures to promote global growth and improved cash flow has long been IFS’ mixed blessing conundrum. As the bigger vendors will intensify their mid-market aspirations, IFS continues to increase its marketshare worldwide, particularly in mid-market.
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to the component architecture, customers can, e.g., install the latest version of the IFS Connect component even while still using an older version of IFS Applications. Therefore, IFS' foray into Web Services has much credibility, since the company has likely dealt with the pieces of the concept before the latest industry buzzword has been coined. Namely, using Web Services objects, IFS Applications components are driven by business processes, which, by the nature of encapsulation (i.e., making