IFS named a Leader in Gartner’s 2015 Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies

For the third consecutive year, IFS (STO:IFSA) (STO:IFSB) has been recognized as a Leader in the 2015 Magic Quadrant

IFS (http://www4.ifsworld.com/l/5332/2015-08-10/2qts7r), the global enterprise applications company, has once again been named as a Leader in the Gartner Magic Quadrant for Single-Instance ERP for Product Centric Midmarket Companies*.

"We are proud to, yet again, be recognized as a leader in the industry, a position that we attribute to our business growth, our domain expertise, and, not least, IFS Applications 9, the latest version of our extended ERP suite, which has been well received by the market,” IFS CTO Dan Matthews said. "We believe that an important part of our success is our focus on providing customers with options, which is exemplified by the healthy growth of our partner ecosystem and our wide range of flexible deployment models, such as the recently launched IFS Managed Cloud on Microsoft Azure. We see the recognition in the Gartner Magic Quadrant as a testament to our uncompromising commitment to quality and to providing our customers with powerful tools that are easy to implement, update, and use.”

According to Gartner’s definition, "Leaders demonstrate a clear vision and the Ability to Execute against this vision. Midmarket ERP Leaders' products have deep and robust functionality that addresses a range of core user requirements. Not necessarily the largest vendors in terms of revenue, they have proven products, a track record of customer success and demonstrated momentum in growing their midmarket presence, as well as a clearly communicated strategy to develop their current products into a next-generation application without causing too much disruption when adopted by their customer bases. Leading vendors have offerings that appeal to the specific process needs of midmarket customers, show good support for user-centric ERP approaches, and are designed or streamlined for low TCO, while being available and well-supported in multiple regions.”

IFS Applications is a single, integrated application suite that enables global industries to successfully handle core processes such as service and asset management, manufacturing, projects, and supply chain management. Founded in 1983, IFS’s solutions are today used by world-leading companies in demanding industries such as aerospace and defense, automotive, energy and utilities, manufacturing, and oil and gas.

Complimentary access to this Gartner Magic Quadrant is available from the IFS website: http://www4.ifsworld.com/l/5332/2015-12-14/3179lg.

To find out more about IFS Applications 9, visit www.ifsworld.com/en/solutions/ifs-applications/ifs-applications-9/.

*Gartner "Magic Quadrant for Singe-Instance ERP for Product Centric Midmarket Companies,” Michael Guay, Christian Hestermann, Chris Pang, Nigel Montgomery, Dec 2015.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

About IFS

IFS™ (http://www.ifsworld.com/en/) is a globally recognized leader in developing and delivering enterprise 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) founded in 1983 and currently has over 2,700 employees. IFS supports more than 2,400 customers worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com (http://www.ifsworld.com/en/).

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