IFS Launches Plug-and-Play CPM Solution for Power Generation

Regulatory News:

IFS (STO:IFSA) (STO:IFSB)

IFS (http://www.ifsworld.com/), the global enterprise applications company, announces the availability of a plug-and-play version of IFS CPM (http://www.ifsworld.com/en/solutions/grc-software/corporate-performance-management/) (corporate performance management) for companies in the power generation (http://www.ifsworld.com/en/industries/energy-and-utilities/power-generation-software/) sector.

IFS CPM is a business model-driven platform that gives enterprises a 360 degree, enterprise wide, top down perspective of processes and performance, aligned with the business strategy. This allows managers to ensure process execution is optimized to deliver the strategy, avoiding strategy leakage.

Ultimately, IFS CPM enables businesses to make better decisions, faster – by assessing real-time business performance in the context of how it affects key business processes and strategic goals, giving managers real-time operational intelligence and actionable controls to solve issues before they become problems.

Some of the benefits of the IFS CPM plug-and-play offering:

· Prepackaged solution optimized for the complex and highly regulated power generation industry

· Preconfigured, out-of-the-box business processes, cockpits and KPIs

· Solution will plug and play as a complement to the company’s existing IFS solution

· Very rapid implementation and low service costs

· Enterprises can adapt solution progressively over time

"Given the successful deployment of the tool at industry-leading enterprises, we are very excited to announce the general availability of IFS CPM for the power generation sector,” IFS Industry Director, Energy and Utilities Colin Beaney said. "Drawing on more than 30 years of experience from the energy and utilities industry, this new offering enables power generation companies to optimize operational effectiveness and through-life costs while ensuring that performance is managed in the context of the key business strategic objectives and processes.”

More information about IFS’s solutions for the energy and utilities industry can be found here (http://www.ifsworld.com/en/industries/energy-and-utilities/).

About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)

Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com

This information was brought to you by Cision http://news.cision.com