/PRNewswire/ IFS, the global cloud enterprise applications company, today announced its Q3 2021 year-to-date (YTD) financial results, ending September 30,.
Industrial asset & service proposition drives momentum with major customer wins LONDON, Oct. 26, 2021 /PRNewswire/ IFS, the global cloud enterprise applications company, today announced
IFS growth trajectory continues with software revenue growth at 20% for H1, driven by impressive rise in cloud adoption prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Apr 29, 2021
IFS has announced its financial results for the first quarter to March of 2021. After a strong 2020, Q1 results point to a continuation of the growth trajectory across the entire business and specifically in recurring revenue, cloud revenue and service management revenue.
The company posted triple-digit growth of its service management business at 103%, and saw some milestones.
These include the launch of IFS Cloud, which was the most significant in the Company’s history. It brings IFS’s entire depth and breadth of functionality into a single platform. Deployable in a modular way, on-premises or in the cloud, it not only supports a composable enterprise but with digital innovation natively part of the product, it also accelerates digital transformation.
IFS s Q1 hits significant markers with recurring revenue over 80% of software revenue, cloud revenue growth at 102% and representing over 50% of recurring revenue
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LONDON, April 27, 2021 /PRNewswire/ IFS, the global enterprise applications company, today announced its financial results for the first quarter-January to March of 2021. After a strong 2020, Q1 results point to a continuation of the growth trajectory across the entire business and specifically in recurring revenue, cloud revenue and service management revenue.
IFS s position as the global vendor of choice for companies transforming their business models away from selling products towards selling services and outcomes is validated by its Q1 performance and the triple-digit growth of its service management business at 103 percent.