IFS Applications #1 in aerospace and defense EAM and FSM software
posted on May 31, 2015
IFS’s position as market leader once again confirmed by research and advisory firm ARC Advisory Group
IFS, the global enterprise applications company, has been identified as the number one vendor in market share in enterprise asset management (EAM) and field service management (FSM) software for aerospace and defense (A&D) industries by ARC Advisory Group, the leading information technology research and advisory firm for industry and infrastructure.
In its publication “Enterprise Asset Management and Field Service Management Global Market Research Study,” ARC Advisory Group recognizes IFS as the leading supplier to the global aerospace and defense industry. According to the report, IFS has gained market shares in aerospace and defense in each of the last three years, growing nearly 25 percent since 2012.
“Aerospace and defense is a sector with significant requirements for traceability, asset serialization, and heavy maintenance, repair and overhaul,” ARC Research Director for Enterprise Software Ralph Rio said. “The key users are the military, defense contractors, and commercial aviation sectors—all of which require high equipment reliability for a large number of mission-critical assets. IFS has a long history of strength in the A&D market with both commercial and military customers.”
Director of the global IFS A&D Center of Excellence Graham Grose commented, “IFS products are developed with dedicated vertical industry software components and expertise, enabling us to provide a solution that fits the client's specific asset lifecycle management requirements. In the A&D industry, this means addressing the specific needs of those in the field by supplying a solution that provides support when and where needed.”
IFS customers in aerospace and defense include BAE Systems, Lockheed Martin, General Dynamics, SAAB, GE Aviation, HAL, and Emirates.
For more information on ARC’s findings, visit here to view an overview or obtain the full‐length report.
Find out more about how IFS supports its aerospace and defense customers here.