“Over the last few years, we have transformed our revenue model, which is not a simple undertaking but

underpinned by IFS Cloud’s

leading capabilities, our teams have stayed focused on delivering quarter after quarter, and these latest results are evidence of this,”
Minc added.

Following the acquisition of Ultimo, now rebranded IFS Ultimo, IFS has further extended its share of the EAM market. IFS Ultimo is a
flexible and easily deployed EAM solution that caters for companies looking for a best-of-breed, point solution for asset management.

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