IFS wins CER award for the second year running

Dubai, UAE - 07 Jan 2008: IFS, the global enterprise applications company, has won the CER Award for its business software, IFS Applications, for the second year running. CER (Center of Enterprise Research) experts named IFS Applications 7 'ERP System of the Year' in the service industry category, further strengthening the company's position as a market-leading ERP provider. CER evaluated the competing products according to the following criteria: implementation time, ergonomics, technology, integration, support concept, customer value and communication.

The award recognizes how the SOA-based architecture, which IFS Applications 7 is based on, optimizes total cost of ownership and enables companies to react with agility to changes in the market, to maintain competitive advantage. With a combination of industry-specific and functional components, IFS Applications is an efficient and cost-saving ERP solution for the service and other industries.

Ian Fleming, Managing Director, Middle East, Africa & South Asia, said "Naturally, we are very pleased to be named ERP System of the Year by CER. Winning this award again demonstrates that we have firmly established our innovative product line in the service industry globally. We always put our customers' needs first, and in the future we plan to continue focusing on product innovation and maximum flexibility for our customers' benefit."

"As we are growing and focusing on this region, specifically the Middle East, we are continuously tending to our customers sophisticated requirements and accordingly offer componentized solutions across seven key verticals in the region. Such verticals include utilities and telecom, process industries, construction, contracting and service management, general manufacturing, retail and wholesale distribution,  automotive and aerospace and defense" added Fleming.  

Established in 1983, IFS' operations are carried out of the regional HQ based in Dubai Internet City (DIC), where IFS commenced direct operations in 2002.  IFS employs 270 people in the region and 2,700 globally. IFS regional customers include: Brother, Brightpoint, Workz, Oilfield Supply Company.

IFS is one of the world's leading providers of component-based business software developed using open standards. IFS operates in two areas: lifecycle management, where asset and product lifecycle management are critical issues, and midmarket ERP, which covers distribution and manufacturing in midsize companies. Packaged to meet the unique industry requirements, IFS' industry solutions provide customers with rapid payback on their investments while investing in selected segments to increase profitability for customers. For more information on IFS, visit www.ifsworld.com.  

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About CER (Center of Enterprise Research)
Situated at the Chair of Business Information Systems and Electronic Government at the University of Potsdam the Center for Enterprise Research combines competence within the transfer of technology and knowledge between research and practice. CER offers diversified consulting and training services for private and public suppliers and users of ERP systems. Services vary from the design of IT systems, helping to select and implement IT systems, to their certification. CER staff members have years of operating experience with the guidance of projects in the domain of Enterprise Resource Planning. Under the charge of Univ. Prof Dr Norbert Gronau, the results of scientific research can be transferred into solutions of practical relevance.

About IFS
IFS (OMX STO: IFS), the global enterprise applications company, provides ERP solutions which enable organisations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.

Founded in 1983, IFS has 2,700 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.

IFS has over 600,000 users across seven key vertical sectors: aerospace & defence; automotive; manufacturing; process industries; construction, contracting & service management; retail & wholesale distribution and utilities & telecommunications. IFS Applications provide extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities.

© Press Release 2008