ARC Advisory Group has named IFS as leader in aerospace and defense Enterprise Asset Management (EAM) software for ninth consecutive year.
IFS currently hold the largest portion of the global A&D Enterprise Asset Management (EAM) market, the research and advisory firm ARC Advisory Group stated.
IFS global enterprise applications has been confirmed as the number one vendor of enterprise asset management (EAM) software for the aerospace and defense (A&D) sector. This is the ninth consecutive year IFS has been named as the global market leader by the major research and advisory firm ARC Advisory Group.
The ARC “Enterprise Asset Management Global Market Research Study” found IFS has continued to increase its A&D market share, and now has a commanding market share lead over the next highest participant.
These 2016 figures do not include the gains following the acquisition of the A&D maintenance management software provider Mxi Technologies that closed in January 2017.
IFS has growing customer base in aviation and defense that includes BAE Systems, Lockheed Martin, General Dynamics, SAAB, GE Aviation, Pratt & Whitney, HAL, Emirates, LATAM, Qantas, China Airlines, Air France-KLM, Southwest Airlines, and most recently PSA Airlines. The company’s partner ecosystem continues to grow in support of the A&D sector with Malaysia’s G7 Aerospace most recently joining the IFS Partner Network.
Scott Helmer, SVP, Aviation and Defense Business Unit at IFS said, "With the move towards servitization and the complex support requirements of next-generation equipment, EAM is a top priority for defense and commercial aviation organizations.”
IFS has acquired a Canadian firm Mxi Technologies Ltd, provider of integrated and intelligent maintenance management software solutions, under an agreement signed on Tuesday. The acquisition is expected to close during the first quarter of 2017
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Enterprise applications company, IFS today announced a new software tool for the civil aviation industry for flight planning and maintenance. Called the IFS Tail Planning, Optimization & Assignment, the tool maximizes aircraft allocation efficiency, supports aircraft planning and optimally schedules maintenance events, a company statement said
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IFS announced Tuesday the launch of a new proof of concept - developed by the companys think tank, IFS Labs, in collaboration with fountx and its Australian parent company, TAE Aerospace - to change the way that companies maintain complex assets. IFS Labs has developed integration between enterprise applications suite IFS Applications and fountx wearable assisted reality technology
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