In a recent report from industry analyst firm AMR Research, "Maintenance, Repair and Overhaul Software for A&D - A Difficult Transition to a Service-Based Model"*, IFS Applications received the highest overall score in terms of full suite MRO functionality. The report covers the needs of manufacturers, service providers and operators, eg airlines or national defence organisations.
According to the AMR Research report, "IFS scores the highest overall because of strong showings in every category. IFS has a long list of references across the industry and the world. Its component architecture is accommodating to the assembly of the needed functions and integration with other enterprise systems."
"IFS scoring higher than players such as SAP, Oracle, Intentia and Mincom, is the result of a focused R&D investment in MRO functionality," Michael Hallen, IFS president and CEO commented. As new product opportunities for companies in the aviation industry shrink, capturing service revenues becomes much more important. This leads to a change in business models. The original manufacturer becomes more involved in the whole lifecycle of their products."
The change to service-oriented business models fuels strong demand for MRO software. According to the report, "AMR Research expects the market to grow at a double-digit rate - 23% Compound Annual Growth Rate (CAGR) - during the next three years. Much of this growth will be fuelled by the changing service-oriented business models."
With aviation and defence being one of IFS`s targeted market segments, IFS Applications includes advanced standard functionality that meets the demanding requirements of defence manufacturers and national defence organisations. IFS`s fully integrated project tracking and product data management (PDM) capabilities, when combined with other IFS Applications components, make it easier for defence suppliers to operate within government regulatory requirements while managing the design, manufacture and ongoing spare parts logistics and maintenance support of complex products throughout the product`s lifecycle.
IFS customers within aviation and defence include the French, Norwegian, British, Greek and South African defence as well as suppliers such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Bofors Dynamics, Saab Aerospace, GE Aircraft Engines, Hawker Pacific, the Eurofighter consortium, United Defense and Bristow Helicopters.
* Source: Maintenance, Repair, and Overhaul Software for A&D - A Difficult Transition to a Service-Based Model AMR Research report, Wednesday, 31 December 2003, Bob Parker, Marc McCluskey, Kevin Scott
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IFS develops and supplies component-based business applications for medium and large enterprises and organisations. IFS Applications, which can be implemented step by step, is based on Web and portal technology. The solution offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance and human resource administration. IFS offers customers an easier, more open alternative.
IFS is a leading global business applications supplier with sales in 45 countries and more than 350 000 users worldwide. The company is listed on the Stockholm Stock Exchange.