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IFS growth trajectory continues with software revenue growth at 20% for H1, driven by impressive rise in cloud adoption

IFS growth trajectory continues with software revenue growth at 20% for H1, driven by impressive rise in cloud adoption
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City ofUnited kingdomConstance mincAdam gillbeDarren roosMoment of serviceField service managementCorporate communicationsEnterprise service managementService cloudAxios systemsFinancial officerSwedish kronaநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நிலைத்தன்மை மிங்க்

IFS posts strong Q1 results - IT-Online

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.

Constance mincDarren roosIt service managementMoment of serviceAxios systemsநிலைத்தன்மை மிங்க்டேரன் ரூஸ்அது சேவை மேலாண்மைகணம் ஆஃப் சேவைஅச்சுக்கள் அமைப்புகள்

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

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 News provided by Share this article Share this article 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.

City ofUnited kingdomConstance mincNatalie suttonDarren roosIt service managementMoment of serviceHead of external communicationsAxios systemsFinancial officerSwedish kronaநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நிலைத்தன்மை மிங்க்நடாலி சுட்டன்டேரன் ரூஸ்

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

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
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.

City ofUnited kingdomConstance mincNatalie suttonDarren roosIt service managementMoment of serviceHead of external communicationsAxios systemsFinancial officerSwedish kronaநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நிலைத்தன்மை மிங்க்நடாலி சுட்டன்டேரன் ரூஸ்

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

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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City ofUnited kingdomKostenloser wertpapierhandelConstance mincNatalie suttonDarren roosIt service managementMoment of serviceHead of external communicationsAxios systemsFinancial officerSwedish kronaநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்நிலைத்தன்மை மிங்க்நடாலி சுட்டன்