Cloud enterprise software provider accelerates investment in US

The investment will cover critical growth functions and Microsoft Azure Data Center locations for cloud hosting scenarios

IFS is a global cloud enterprise software provider – and it’s on a mission. Recently, the group has accelerated its investment in resources to support increased demand for IFS Ultimo, the company’s SaaS Enterprise Asset Management (EAM) solution.

Since its acquisition in 2022, the software has gone on to generate much demand. This isn’t surprising.

The SaaS solution offers flexible and cloud-native out-of-the-box propositions for customers. This allows companies to ramp-up their EAM capabilities, as well as facilitating cross-team collaboration between maintenance, operations, and safety departments. 

IFS Ultimo attracts customers in numerous industries. More than 2000 customers in food and beverage, oil and gas, and terminal and ports sectors utilize Ultimo.

Investments in the SaaS solution will promote its use in North America. Jeremiah Woodford, Chief Revenue Officer at IFS Assets, recently commented about the news.

He said: “We have a diverse North American customer base who have relied on IFS Ultimo EAM for many years.

“With the increased investment by IFS in the US and Canada, we are poised to provide industry-leading EAM software to more customers.”

David Spencer, President of North America at IFS, also commented on the matter. “The deep bench of knowledge we have in North America when it comes to the needs of Manufacturing, Fleet & Logistics, and Hospitals is strengthened with the addition of IFS Ultimo EAM to our offering,” he said.

“When we look at the competitive landscape, we can now offer more choice in Asset Management solutions to a broader segment of the market covering mid-market and enterprise clients.”