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 ifs quarter 2001


IFS To Be At Customers' (Web) Service
IFS invested heavily in both product development and worldwide growth infrastructure for a few years, now with that infrastructure in place, the company’s

ifs quarter 2001  1. Revenue derived from IFS Applications increased by 24% when comparative figures for the first quarter of 2001 were adjusted for sales of other software in operations divested during 2001. On the other hand, license revenue for the 10 largest business applications vendors reportedly decreased by 18% during the first quarter of 2002. Furthermore, IFS North America reported net earnings of ~$1.5 million and has meanwhile become IFS' significant market with ~33% of total license revenues, achieving

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Documents related to » ifs quarter 2001

IFS' Tamed Growth + Continued Losses + Increased Competitors' Lobby Talk = Decreased Customer Confidence


While IFS has become a notable global competitor as witnessed in the Computerworld IT Company of the Year award in Brazil, it has been showing signs of stalling in the important North American market primarily owing to protracted losses and increased 'lobby talk' campaigns from incumbent mighty vendors.

ifs quarter 2001  competitors. Earlier in May, IFS reported much less amusing results for the first quarter of fiscal 2001 (See Figure 1). The company reported a 46% growth in net sales for Q1 2001, totaling ~$74 million, compared with ~$57 million in Q1 2000. License revenue was up 50% to ~$25 million, while utilization of consultants improved significantly, resulting in an increase in consulting revenue of 38% to ~$49 million. Figure 1. Earnings after net financial items improved somewhat, with the company reporting a Read More

IFS Has A Magic Growth Formula; But What About Profitability?


In November, IFS, a business applications vendor with headquarters in Linkoping, Sweden, reported results for Q3 2000. IFS will enter 2001 with a new product portfolio and a rapid increase in license revenue. However, profitability does not seem to be in the offing.

ifs quarter 2001  with an enthusiastic reception. IFS was particularly pleased to announce strong momentum in the North American market with the last quarter producing the best performance to date in number and value of contracts in the United States. From July through September, the company closed deals valued at more than $20 million in products and services with 20 customers, predominately in the mid-sized manufacturing market segment. IFS North America President and Chief Executive Officer Terje Vangbo commented, Read More

IFS Glows Amidst The Mid-Market Gloom


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.

ifs quarter 2001  Figure 1. This positions IFS as the fifth largest ERP provider during the second quarter in terms of license sales, while the company occupied the first position in terms of the fastest total and license revenue growth, stealing thereby the thunder from recently ebullient SAP and PeopleSoft . More important, the growth has been almost completely organic, as no significant acquisitions were made during the past 12 months. Furthermore, IFS North America reported earnings of ~$2 million and is now IFS' Read More

The ERP Market 2001 And Beyond - Aging Gracefully With The ‘New Kids On The Block’


Although we believe that exorbitant growth rates are a matter of the past, growth will remain the word associated with the ERP market in the 2000’s. ERP will, however, have to share the spotlight with the fast growing adolescent ERP-adjacent areas like SCM, CRM and e-procurement.

ifs quarter 2001  Lawson Software, QAD , IFS , SSA Global Technologies , InterBiz (division of Computer Associates ), Epicor , Frontstep (formerly Symix Systems ), MAPICS , Navision , Infinium Software, American Software , Sage , Ross Systems , Fourth Shift (now part of AremisSoft ), Made2Manage Systems , Lilly Software , ROI Systems , Macola Software (now a division of Exact ), Syspro , Scala , Ramco Systems , Pronto , and several dozens more of smaller or niche ERP players. In the 80's and 90's, businesses were subject Read More

Aspen Follows Good Quarter With Internet Launch


Soon after releasing its quarterly results, Aspen announced it would offer a collaborative Internet portal for the process industries, ProcessCity.com.

ifs quarter 2001  Follows Good Quarter With Internet Launch Aspen Follows Good Quarter With Internet Launch S. McVey - February 21st, 2000 Event Summary Highlights of Aspen Technology's second fiscal quarter results were a 35% increase in license fees over the same period last year and a positive bottom line. License revenues grew to $29 million and services revenues remained flat at $32.8 million for the quarter. Aspen's license and total reported revenues were the strongest since the company's peak in the second Read More

Spencer Technologies Selects IFS Metrix Service Management


Adding to its ongoing array of wins in the realm of filed service management (FSM), IFS recently announced that Spencer Technologies, a provider of network design, infrastructure installation, and technology deployment services for retail locations, has selected IFS Metrix Service Management as its FSM solution. Spencer Technologies, of Northborough, Massachusetts, will use IFS Metrix Service

ifs quarter 2001  Technologies Selects IFS Metrix Service Management Adding to its ongoing  array of wins in the realm of filed service management (FSM) ,  IFS recently announced that Spencer Technologies , a provider of network design, infrastructure installation, and technology deployment services for retail locations, has  selected IFS Metrix Service Management as its FSM solution . Spencer Technologies, of Northborough, Massachusetts, will use IFS Metrix Service Management software to support its more than Read More

Zef Scientific Selects IFS Enterprise Service Management


IFS has announced that Zef Scientific, Inc., a multi-vendor service provider for high-performance liquid chromatography؎mass spectrometry (HPLC-MS) systems used in the pharmaceutical, biotechnology, chemical, and environmental industries, has chosen IFS Enterprise Service Management software to manage productivity for its growing business.

ifs quarter 2001  Scientific Selects IFS Enterprise Service Management IFS has announced that Zef Scientific, Inc. , a multi-vendor service provider for high-performance liquid chromatography–mass spectrometry (HPLC-MS) systems used in the pharmaceutical, biotechnology, chemical, and environmental industries, has chosen IFS Enterprise Service Management software to manage productivity for its growing business. Deployment includes Zef Scientific’s headquarters in San Diego, California, and other offices in North Read More

IFS Extends Global Agreement with Saab AB


The IFS agreement with Saab demonstrates that IFS isn’t just a midmarket vendor. IFS has promoted its ability to support the midmarket so well that many enterprise level companies overlook IFS Applications when replacing their legacy systems. That said, the vendor has made a number of enhancements over the past few releases that improve its capabilities to support large, global companies, which is

ifs quarter 2001  with Saab AB The IFS agreement with Saab demonstrates that IFS isn’t just a midmarket vendor. IFS has promoted its ability to support the midmarket so well that many enterprise level companies overlook IFS Applications when replacing their legacy systems. That said, the vendor has made a number of enhancements over the past few releases that improve its capabilities to support large, global companies, which is also why we are seeing more IFS press releases referring to multibillion dollar IFS customers Read More

DTR Industries Selects IFS Applications


While many might have been aware of IFS’ prowess in asset and project intensive industries as well as in field service management (FSM) of late, many might not be aware of the fact that the automotive industry is one of IFS’ targeted markets. IFS’ Automotive solution provides the tools for managing the interaction between automotive dealers, original equipment manufacturers (OEMs), suppliers, and

ifs quarter 2001  Industries Selects IFS Applications While many might have been aware of IFS ’ prowess in asset and project intensive industries as well as in  field service management (FSM) of late , many might not be aware of the fact that the automotive industry is one of IFS’ targeted markets. IFS’ Automotive solution provides the tools for managing the interaction between automotive dealers, original equipment manufacturers (OEMs), suppliers, and subcontractors in networks of varying complexity. IFS’ Read More

IFS Doubles Down on Mobile Apps


During the IFS World Conference 2013 in Barcelona, IFS presented a number of new mobile solutions, ranging from field service management to smartphone applications for office workers. The product investments are part of the company’s push to leas the enterprise mobility space. Building on its first wave of smartphone apps and the launch of the IFS Touch Apps Partner Program (both announced at

ifs quarter 2001  Mobile Apps During the IFS World Conference 2013 in Barcelona, IFS presented a  number of new mobile solutions , ranging from field service management to smartphone applications for office workers. The product investments are part of the company’s push to leas the enterprise mobility space. Building on its  first wave of smartphone apps  and the  launch of the IFS Touch Apps Partner Program  (both announced at IFS World Conference 2012 ), IFS recently presented a number of new applications in Read More

IFS Applications Achieves Oracle Exastack Optimized Status


At the IFS World Conference 2012 in Gothenburg, Sweden, it was interesting to notice that Microsoft was the diamond sponsor of the conference, while IBM and Oracle were platinum sponsors. Currently, IFS Applications runs solely on Oracle database, while the presentation (client) side and prepackaged business intelligence (BI) are Microsoft-centric (the IFS Web client also supports Internet

ifs quarter 2001  Optimized Status At the IFS World Conference 2012 in Gothenburg, Sweden, it was interesting to notice that Microsoft was the diamond sponsor of the conference, while IBM and Oracle were platinum sponsors. Currently, IFS Applications runs solely on Oracle database, while the presentation (client) side and prepackaged business intelligence (BI) are Microsoft-centric (the IFS Web client also supports Internet Explorer, Firefox, and Chrome browsers). Where IFS offers more openness and choice is in the Read More

Dataprev Selects IFS Applications


Brazilian social security information and technology company Dataprev recently selected IFS to provide business intelligence (BI) and document management solutions. This is not a typical IFS customer profile, but this might show that IFS’s solid technology and willingness to partner with others for joint ventures can make the vendor competitive even in non-manufacturing and non-asset-intensive environments.

ifs quarter 2001  Selects IFS Applications Brazilian social security information and technology company Dataprev recently selected IFS to provide business intelligence (BI) and document management solutions. Dataprev offers a number of services and solutions to its customers, including systems development, information and communications technology (ICT) consulting, datacenter services, and telecommunications services. The agreement includes licenses, maintenance, and services in excess of BRL 4,000,000 ($1.6 Read More

Industrial & Financial Systems, IFS AB: Thriving on Product Flexibility and Incremental Deployability


IFS was one of the first ERP vendors to incorporate concepts of component technology and a high-level of integration with both its own and other vendors' components, all providing for flexibility, modularity and ongoing post-implementation system agility and incremental deployment. The Company supports most of the IT industry-accepted middleware standards and is well poised for future technological developments and requirements.

ifs quarter 2001  & Financial Systems, IFS AB: Thriving on Product Flexibility and Incremental Deployability Vendor Summary Industrial & Financial Systems, IFS AB is an internationally established provider of an extended enterprise resource planning (ERP) software package for medium-to-large sized companies. It covers manufacturing, supply chain management, financials, maintenance management, human resources, engineering, and front office. Founded in 1983, with headquarters in Linkoping, Sweden, IFS AB is the Read More

At Least It Hasn’t Been Renamed Linux 2001


Linus Torvalds and the Linux community released another test version of the Linux 2.4 kernel in late May, 2000. New features are delaying this version which was originally scheduled for October 1999.

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