STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
IFS (STO:IFSA) (STO:IFSB)
IFS (http://www.ifsworld.com/en/), the global enterprise applications company, announces that a leading international engineering, procurement, construction and installation (EPCI) company has chosen IFS Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/) to help improve efficiencies in its global operations. The total value of the contract is in excess of € 2 million.
IFS Applications will help improve efficiencies within some of the core processes of the French-based company, which is a major player in the process industries because of its ability to deliver innovative solutions to complex industrial facilities.
Amor Bekrar, Managing Director, IFS France, said, “IFS Applications has been designed to enable companies in select industries to quickly realize efficiencies in their business processes as well as stay agile to future needs. We are pleased to be working with another global EPCI company, which, like IFS, gets close to its customers and values strong strategic alliances at home and abroad.”
Implementation of IFS Applications will begin in September 2014, with the first phase to be completed by the end of 2015. The entire solution is expected to be fully implemented by the end of 2017.
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.
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IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on August 1, 2014 at 13:00 (CEST).
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