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IFS Applications again named world's number one in aerospace and defence EAM software


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IFS Applications again named world's number one in aerospace and defence EAM software

Research and advisory firm ARC Advisory Group confirms IFS as market leader for the 8th year in a row

July 19, 2016 - IFS, the global enterprise applications company, has once again been identified as the global number one vendor of enterprise asset management (EAM) software for aerospace and defence (A&D) industries by ARC Advisory Group, the leading information technology research and advisory firm for industry and infrastructure.

ARC Advisory Group has recognised IFS as the leading supplier to the global aerospace and defence industry in its most recent “Enterprise Asset Management Global Market Research Study”. According to the report, IFS has gained market share in the aerospace and defence industry in each of the last four years, growing approximately 25 percent since 2012. IFS has a strong and growing customer base in aerospace and defence including Affinity, BAE Systems, Lockheed Martin, General Dynamics, SAAB Group, GE Aviation, Royal Thai Airforce, TAE and Emirates.

“IFS has evolved from a leading European EAM supplier to become a strong enterprise solutions supplier with dedicated vertical industry software components and expertise,” Ralph Rio, Research Director for Enterprise Software, ARC Advisory Group said. "Over the last year, aerospace and defence has seen some major changes with a wave of new technology entering the industry and the next generation of military and civil aviation equipment.”

Director of the global IFS A&D Centre of Excellence Graham Grose commented: "A&D product life cycles are now lasting 50 years or more and service level agreements, such as performance based logistics, are now commonplace for equipment support. EAM has become more important than ever in ensuring an organisation unlocks the most value from an asset through its life. IFS EAM is agile and flexible enough to be able to track all assets in real-time, ensuring that the best service is achieved, maximising availability and keeping mission-critical equipment operational and ready for deployment."

For more information on ARC’s findings, visit here to view an overview of the report.