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Industrial asset & service proposition drives momentum with major customer wins LONDON, Oct. 26, 2021 /PRNewswire/ -- IFS, the global cloud enterprise applications company, today announced
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...
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 pos...
Posted January 28th, 2021 for IFS 60% increase in Cloud revenue and 43% increase in recurring revenue YoY, despite macroeconomic backdrop Recurring revenue share now 80% of software revenue Service management license revenues increase by 105% YoY London, January 28, 2021 –IFS , the global enterprise applications company, today announced its financial results for the full year ended December 31, 2020. 2020 saw widespread market disruption due to the Covid-19 pandemic. This has heightened the need for companies to build resilience into their business and adopt digital business models...