Latest news with #Climatiq
TECHx
5 days ago
- Business
- TECHx
IFS Unveils AI Software Features in Latest Cloud Release
Home » Emerging technologies » Cloud Computing » IFS Unveils AI Software Features in Latest Cloud Release IFS, a leading provider of enterprise cloud and AI software, has announced the launch of new Industrial AI-powered features in its latest IFS Cloud 25R1 release. The update integrates advanced agentic AI capabilities through with a strong focus on sustainability and automation. These new tools are designed to help asset and service-intensive industries rapidly scale and benefit from Industrial AI. IFS reported that over 200 AI-based capabilities are now included in IFS Cloud. These capabilities support full asset lifecycle management and improve manufacturing operations. The company revealed several new features, including: Forecasting and Inventory Replenishment to improve demand planning and optimize stock management. XD Integration and Visualization for using 2D and 3D data to enhance asset insights and enable real-time maintenance decisions. IFS also introduced: AI Data and Work Generation from Documents to extract maintenance data and generate follow-up actions. Summarized Supply Chain Events to turn unstructured data into actionable insights. Three AI Copilot tools were revealed to support various functions: Sales Quotation Copilot boosts customer service and reduces order errors. Shipment Order Copilot improves freight selection and supply chain workflows. Customer Order Copilot enhances event summaries and communication. The Operation Time Prediction feature uses AI/ML to forecast shop floor operation times and identify potential delays. In addition, IFS reported that the new Emissions Management function supports Scope 1 and 2 emissions tracking. It uses over 160,000 verified emissions factors through a partnership with Climatiq. Christian Pedersen, Chief Product Officer at IFS, stated that solves complex industrial challenges and continues to prove its real-world value. He noted that customers are increasingly choosing IFS for its specialized focus and agile integration of AI. Pedersen added, 'We aim to power the next industrial revolution with AI, and 25R1 is a key milestone in that mission.' IFS also announced a special offer valid until the end of June. Customers can access all use cases with a 12-month subscription and monitored AI usage. The offer includes initial consumption tokens, allowing businesses to evaluate the impact of AI software on performance without variable costs. The company emphasized that IFS Cloud helps businesses handle disruptions, improve planning, and meet sustainability targets effectively.
TECHx
21-05-2025
- Business
- TECHx
Epicor Kinetic Adds Carbon Cost Rollup Solution
Home » Top stories » Epicor Kinetic Adds Carbon Cost Rollup Solution Epicor, a global provider of industry-specific enterprise software, has announced a new addition to its Epicor Kinetic platform. The company revealed the launch of its patent-pending Carbon Cost Rollup solution. This solution is built into Epicor Kinetic, the Epicor Industry ERP Cloud designed for manufacturers. It introduces a new approach to carbon tracking by applying standard cost rollup methods to emissions data. Epicor reported that the feature treats CO2 emissions like currency. This enables manufacturers to calculate their carbon compliance reporting with greater precision. According to Epicor Group Vice President Kerrie Jordan, the idea stemmed from feedback received through the company's Customer Advisory Board. She said the new tool addresses the need for a simplified method of environmental accountability and reporting in the manufacturing sector. Jordan added, 'I am incredibly proud of our team's achievements in building a solution that addresses those needs and empowers organizations to mitigate climate change by prioritizing areas for emissions reduction and addressing their carbon footprint with the same precision and rigor as their financial costs.' The Carbon Cost Rollup process starts at the bill of materials and operations level. It calculates the carbon cost for each component. As the calculation moves upward through the product structure, the total carbon cost becomes clear. This method simplifies the complex process of carbon accounting. It also integrates smoothly with existing cost accounting tools, reducing the need for extensive user training. Epicor also reported that this new solution complements its partnership with Climatiq. In 2024, Epicor announced the integration of Climatiq's carbon footprint calculation API across its portfolio. Helps businesses achieve sustainability goals Supports compliance without affecting profitability With this launch, Epicor aims to support manufacturers in tracking sustainability metrics more effectively. The Carbon Cost Rollup tool strengthens Epicor Kinetic's capabilities in environmental and cost accounting.
Channel Post MEA
21-05-2025
- Business
- Channel Post MEA
Epicor Unveils Carbon Cost Rollup Solution For Manufacturers
Epicor has unveiled its new, patent pending Carbon Cost Rollup solution within Epicor Kinetic, the Epicor Industry ERP Cloud that is purpose-built for manufacturers. The solution establishes 'Cost Rollup' methods from standard costing systems. Adapting this concept transforms carbon tracking by treating CO2 emissions as a currency, helping business leaders to calculate their compliance reporting to a high degree of certainty. 'Through feedback from our Customer Advisory Board members, it became clear there was a need for a simplified approach to environmental accountability and reporting in the manufacturing sector,' said Epicor Group Vice President, Kerrie Jordan. 'I am incredibly proud of our team's achievements in building a solution that addresses those needs and empowers organizations to mitigate climate change by prioritizing areas for emissions reduction and addressing their carbon footprint with the same precision and rigor as their financial costs. This marks a significant step forward in sustainability tracking for manufacturers.' The process begins at the most fundamental level of the bill of materials and operations, calculating the carbon cost for each component. As it ascends through each tier, the cumulative carbon expenditure for the final product becomes clear. This method not only simplifies the complex calculations associated with carbon accounting but also integrates seamlessly with existing cost accounting software, minimizing the learning curve for users. The Epicor Carbon Cost Rollup solution is complementary to the company's collaboration with carbon intelligence platform Climatiq. In 2024, the companies announced the integration of Climatiq's carbon footprint calculation API across the Epicor portfolio to help businesses work toward sustainability goals without compromising profitability. 0 0
Techday NZ
12-05-2025
- Business
- Techday NZ
Epicor unveils carbon cost tool for manufacturers' reporting
Epicor has introduced a patent-pending carbon cost tracking solution for manufacturers by integrating it with its Kinetic enterprise resource planning platform. The new Carbon Cost Rollup solution adapts standard costing systems to treat carbon dioxide equivalent (CO2e) emissions as a currency. It aims to provide manufacturing businesses with a method to account for carbon emissions with greater transparency and precision, supporting regulatory compliance and sustainability initiatives. The Carbon Cost Rollup process is designed to operate from the core of manufacturing operations, beginning at the bill of materials stage, where it calculates the carbon cost for every component involved in production. As the manufacturing process advances through various tiers, the collective carbon footprint for the finished product is calculated, providing a clearer understanding of overall emissions at each stage. This methodology is intended to simplify the complex calculations typically associated with carbon accounting. The process is also designed to work with existing cost accounting software, which the company says should minimise the need for extensive personnel retraining or significant changes to current workflows. Kerrie Jordan, Group Vice President at Epicor, explained the motivation behind the development of the new solution. "Through feedback from our Customer Advisory Board members, it became clear there was a need for a simplified approach to environmental accountability and reporting in the manufacturing sector," she said. She continued, "I am incredibly proud of our team's achievements in building a solution that addresses those needs and empowers organisations to mitigate climate change by prioritising areas for emissions reduction and addressing their carbon footprint with the same precision and rigour as their financial costs. This marks a significant step forward in sustainability tracking for manufacturers." The new Carbon Cost Rollup tool is the latest development in Epicor's sustainability-focused offerings. It complements the company's previously announced integration with Climatiq, a carbon intelligence platform whose carbon footprint calculation API was incorporated across the Epicor portfolio during 2024. The objective of this collaboration is to enable businesses using Epicor's systems to progress toward sustainability goals without jeopardising profitability. Paul Silva Da Cruz, Chief Financial Officer at DMN-WESTINGHOUSE, commented on the integration of carbon accounting features into Epicor software. "At Epicor Insights, we learned about advanced carbon calculations and reporting functionality. As Epicor can make that easier for us, we are looking at integrating that solution as well," he said. The launch of Carbon Cost Rollup comes in response to increasing regulatory and market pressures on manufacturers to measure, report, and reduce their environmental impact. By tracking carbon emissions in a manner similar to financial expenditures, manufacturers are expected to be able to identify specific areas where emissions reductions can be prioritised and make more informed decisions regarding their operations and supply chains. The adoption of standardised carbon accounting methods is projected to become increasingly significant in industry as businesses seek to meet reporting requirements and implement sustainability strategies. Epicor states that integrating such tools into familiar ERP platforms may facilitate wider adoption by reducing hurdles related to cost and complexity. Follow us on: Share on:
Business Wire
06-05-2025
- Business
- Business Wire
Epicor Unveils Revolutionary, Patent Pending Environmental Solution for Manufacturers
LAS VEGAS--(BUSINESS WIRE)--Epicor, a global leader of industry-specific enterprise software, today unveiled its new, patent pending Carbon Cost Rollup solution within Epicor Kinetic, the Epicor Industry ERP Cloud that is purpose-built for manufacturers. The solution establishes 'Cost Rollup' methods from standard costing systems. Adapting this concept transforms carbon tracking by treating CO2 emissions as a currency, helping business leaders to calculate their compliance reporting to a high degree of certainty. 'Through feedback from our Customer Advisory Board members, it became clear there was a need for a simplified approach to environmental accountability and reporting in the manufacturing sector,' said Epicor Group Vice President Kerrie Jordan. 'I am incredibly proud of our team's achievements in building a solution that addresses those needs and empowers organizations to mitigate climate change by prioritizing areas for emissions reduction and addressing their carbon footprint with the same precision and rigor as their financial costs. This marks a significant step forward in sustainability tracking for manufacturers.' The process begins at the most fundamental level of the bill of materials and operations, calculating the carbon cost for each component. As it ascends through each tier, the cumulative carbon expenditure for the final product becomes clear. This method not only simplifies the complex calculations associated with carbon accounting but also integrates seamlessly with existing cost accounting software, minimizing the learning curve for users. The Epicor Carbon Cost Rollup solution is complementary to the company's collaboration with carbon intelligence platform Climatiq. In 2024, the companies announced the integration of Climatiq's carbon footprint calculation API across the Epicor portfolio to help businesses work toward sustainability goals without compromising profitability. 'At Epicor Insights, we learned about advanced carbon calculations and reporting functionality. As Epicor can make that easier for us, we are looking at integrating that solution as well,' said Paul Silva Da Cruz, CFO at DMN-WESTINGHOUSE. For more information, please visit our website. About Epicor Epicor Software Corporation equips hard-working businesses with enterprise solutions that keep the world turning. For more than 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to flexibly respond to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers' ambitions, whether to grow and transform, or simply become more productive and effective. Visit for more information. Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user's experience will vary.
