IFS offers IFS Cloud, a composable, AI-driven enterprise platform combining ERP, EAM, SCM and FSM capabilities tailored for asset-intensive industries. The company has positioned itself as an Industrial AI leader, embedding agentic and generative capabilities via IFS.ai to automate workflows and improve operational efficiency. IFS reported over €1 billion in annual recurring revenue and €1.2 billion in total 2024 revenue, with more than 30% year‑on‑year growth, 350 new enterprise customers in the past year, and average large-client deal size up 64%. The business now serves customers across 80 countries with a workforce of about 7,000 people. With fresh capital and strategic partners, IFS plans to deepen its AI capabilities, expand customer value, and pursue further global opportunities in sectors such as aerospace, manufacturing, utilities and telecoms.

Total raised

$3.5B

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2025