Displaying items by tag: Darren Roos

Monday, 31 July 2023 04:05

IFS delivers 38% YoY revenue growth with sharp rise in demand for its AI capabilities

Mix of Cloud revenue up 55% YoY and ARR up 55% YoY signal robust forward performance.
Software revenue up 44% YoY as IFS continues to lead in ERP, EAM, FSM and ESM.

COMPANY NEWS: IFS, the global cloud enterprise software company, today announced its financial results for the first half of 2023 ending June 30th, with annual recurring revenue up a significant 55 percent year on year, cloud revenue up 55 percent and software revenue up 44 percent representing a 79 percent share of total revenue.

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IFS inks agreement to acquire Axios Systems

Enterprise applications company IFS has signed a definitive agreement to acquire Axios Systems, a global provider of cloud-based Enterprise Service Management (ESM) software.

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Displaying items by tag: Darren Roos

IFS delivers 38% YoY revenue growth with sharp rise in demand for its AI capabilities

IFS inks agreement to acquire Axios Systems

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