Latest news with #IFSCloud25R1


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.


Web Release
5 days ago
- Business
- Web Release
200+ AI-based capabilities tailored to help industries drive transformative growth, accelerate autonomous operations, and realize profitable sustainability
IFS, the leading provider of enterprise cloud and Industrial AI software, unveiled new Industrial AI-powered features introduced with into the latest IFS Cloud 25R1 release. With Industrial AI and sustainability at its core, this new release incorporates agentic industrial AI capabilities that enable customers in asset and service-intensive industries to rapidly drive value from Industrial AI at scale. With 200+ AI-based capabilities now available in IFS Cloud, customers can automate workflows and leverage industrial agents throughout the entire asset lifecycle and across manufacturing processes – from supply chain augmentation, through to critical service capabilities. New capabilities include: Forecasting and Inventory Replenishment helps customers accelerate demand planning and inventory replenishment for spare parts, so they can optimize global and centralized stock management. It calculates safety stock, reorder points, and optimal lot sizes for parts used in the maintenance process from service and asset part demand. helps customers accelerate demand planning and inventory replenishment for spare parts, so they can optimize global and centralized stock management. It calculates safety stock, reorder points, and optimal lot sizes for parts used in the maintenance process from service and asset part demand. XD Integration and Visualization unlocks deeper insights by bringing 2D or 3D data into IFS Cloud, accelerated by AI-powered data mapping. Early visibility empowers proactive decision-making across maintenance and engineering teams, paving the way for more efficient and maintainable assets. Technicians visualize parts requiring attention within 3D models overlaid with maintenance information like open work orders, while engineering teams benefit from graphical performance data and real-time alerts to address asset maintenance faster. unlocks deeper insights by bringing 2D or 3D data into IFS Cloud, accelerated by AI-powered data mapping. Early visibility empowers proactive decision-making across maintenance and engineering teams, paving the way for more efficient and maintainable assets. Technicians visualize parts requiring attention within 3D models overlaid with maintenance information like open work orders, while engineering teams benefit from graphical performance data and real-time alerts to address asset maintenance faster. AI Data and Work Generation from Documents saves time and effort. It extracts data and recommendations from third-party contractor maintenance reports improving follow-up maintenance work identification and next steps. saves time and effort. It extracts data and recommendations from third-party contractor maintenance reports improving follow-up maintenance work identification and next steps. Summarized Supply Chain Events transforms unstructured data into valuable insights, so customers have better sight across their critical supply and production processes. At a time where countries, industries and businesses are evaluating how they can navigate macroeconomic swings, this level of insight can provide control and resilience that has not previously been achievable. transforms unstructured data into valuable insights, so customers have better sight across their critical supply and production processes. At a time where countries, industries and businesses are evaluating how they can navigate macroeconomic swings, this level of insight can provide control and resilience that has not previously been achievable. Copilot for Sales Quotation enhances customer service efficiency, boosts sales through better recommendations, and increases revenue by reducing order errors and improving productivity. enhances customer service efficiency, boosts sales through better recommendations, and increases revenue by reducing order errors and improving productivity. Copilot for Shipment Order improves supply chain matrix with automated and flexible freight selection enhances sales team productivity and customer services. improves supply chain matrix with automated and flexible freight selection enhances sales team productivity and customer services. Copilot for Customer Order enhances supply chain analysis leveraging AI to summarize important events related to orders in supply chain scenarios. Provides deeper insights and speeds up decision-making leading to better service and improved stakeholder communication. enhances supply chain analysis leveraging AI to summarize important events related to orders in supply chain scenarios. Provides deeper insights and speeds up decision-making leading to better service and improved stakeholder communication. Operation Time Prediction improves operational efficiency, reduces delay costs, and enhances customer satisfaction by using AI/ML to predict shop order operation times and identify potential delay risks. Early identification helps prevent delays, mitigate their impact, uncover systematic issues, and enable adjustments to planned data. improves operational efficiency, reduces delay costs, and enhances customer satisfaction by using AI/ML to predict shop order operation times and identify potential delay risks. Early identification helps prevent delays, mitigate their impact, uncover systematic issues, and enable adjustments to planned data. Emissions Management in IFS Cloud supports Scope 1 and 2 emissions, management and reporting allowing customers to calculate emissions and accurately track progress against 160,000+ verified emissions factors (thanks to IFS's global partnership with Climatiq). Christian Pedersen, Chief Product Officer, IFS, commented: 'IFS's ability to deliver AI in the industrial setting is rooted in solving real, complex industrial challenges. isn't speculative; it's already helping the world's largest industrial companies navigate and lead at a time where supply chains and production have been challenged. The company's consistent growth and increasing number of real-world AI capabilities show the enduring value to customers who are choosing IFS over monolithic giants due to our specialized focus, inherent agentic capabilities, and agile integration of AI advancements. 'This targeted approach allows us to offer tailored solutions that align closely with the unique challenges and requirements of these complex industries. This is embodied by the new features available in 25R1. Our mission is to power the next industrial revolution with AI, and I am proud of the impactful advancements we are bringing to customers in 25R1.' As the regulatory and geopolitical landscape evolves, IFS Cloud enables enterprises to anticipate disruption, optimize planning and production cycles, and strengthen operational resilience while meeting sustainability goals, profitably. IFS has made an introductory offer available until the end of June offering customers a risk-free way to track and see the value from AI on performance and operational efficiency with minimal effort. A 12-month subscription provides access to all of the Use Cases in IFS Cloud, as well as initial consumption tokens to get started. is made available with monitored AI consumption across the business and with standardized consumption rates removing the risk of variable costs affecting the bottom line.


Channel Post MEA
21-05-2025
- Business
- Channel Post MEA
IFS To Highlight Industrial AI For Asset Management Transformation At World Utilities Congress 2025
IFS, the leading provider of enterprise cloud and Industrial AI software, has announced its participation at the World Utilities Congress 2025 to be held in Abu Dhabi on May 27-29. IFS will showcase how it is helping utilities modernize aging infrastructure, enhance operational resilience, and accelerate sustainability goals through a fully integrated Asset Lifecycle Management (ALM) approach. A key highlight will be IFS's application of Industrial AI in transforming Asset Management. By shifting from reactive maintenance strategies to predictive and prescriptive approaches, IFS's solutions allow utility companies to proactively manage their assets, reduce downtime, optimize investments and boost long-term performance. Earlier this year, IFS launched its latest release, IFS Cloud 25R1, which brings powerful AI capabilities directly to utility professionals, whether in the field or in the control centre. This platform is engineered to address the modern challenges faced by energy, water, and infrastructure organizations, helping them manage assets, people, and performance with unprecedented efficiency. Vijay Jaswal, CTO, APJMEA at IFS said, 'With IFS Cloud 25R1, we are putting industrial AI to work in the places it matters most: on the grid, in the pipeline, and out in the field. This release empowers utilities to predict, prevent, and perform at a level never before possible. Additionally, utility organisations across the Middle East are facing immense pressure to balance rapid infrastructure expansion, energy transition goals, and service reliability. IFS is committed to supporting these organisations with an integrated platform that ensures they remain competitive, compliant, and aligned with both national visions and global energy targets.' Unlike traditional, fragmented point solutions, IFS unifies critical functions such as Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Field Service Management (FSM), Artificial Intelligence Platforms (AIP), and Industrial AI into a single composable platform. This approach removes silos and empowers utility professionals to make smarter, data-driven decisions. With the region's push towards renewable energy, smart grids, and digital transformation, utilities in the Middle East are under increasing pressure to modernise their operations while ensuring service reliability. IFS is at the forefront of this transition, offering solutions that enable smart asset and workforce management, optimised service delivery, and data-driven decision-making. IFS will also be actively participating in two key panel discussions during the World Utilities Congress. Vijay Jaswal, CTO, APJMEA at IFS will participate in 'The Next Frontier: Revolutionizing Water Infrastructure with Smart Innovation and Collaboration' panel on 28 May, and Andrew Sutherland, Senior Vice President at IFS, will join the 'Driving Scale and Responsible Growth in Carbon Markets' panel on May 29. Senior IFS executives will be at the event to take visitors though the company's offerings at Booth 6140. 0 0


Web Release
21-05-2025
- Business
- Web Release
IFS to Showcase Industrial AI for Asset Management Transformation at World Utilities Congress 2025
IFS, the leading provider of enterprise cloud and Industrial AI software, has announced its participation at the World Utilities Congress 2025 to be held in Abu Dhabi on May 27-29. IFS will showcase how it is helping utilities modernize aging infrastructure, enhance operational resilience, and accelerate sustainability goals through a fully integrated Asset Lifecycle Management (ALM) approach. A key highlight will be IFS's application of Industrial AI in transforming Asset Management. By shifting from reactive maintenance strategies to predictive and prescriptive approaches, IFS's solutions allow utility companies to proactively manage their assets, reduce downtime, optimize investments and boost long-term performance. Earlier this year, IFS launched its latest release, IFS Cloud 25R1, which brings powerful AI capabilities directly to utility professionals, whether in the field or in the control centre. This platform is engineered to address the modern challenges faced by energy, water, and infrastructure organizations, helping them manage assets, people, and performance with unprecedented efficiency. Vijay Jaswal, CTO, APJMEA at IFS said, 'With IFS Cloud 25R1, we are putting industrial AI to work in the places it matters most: on the grid, in the pipeline, and out in the field. This release empowers utilities to predict, prevent, and perform at a level never before possible. Additionally, utility organisations across the Middle East are facing immense pressure to balance rapid infrastructure expansion, energy transition goals, and service reliability. IFS is committed to supporting these organisations with an integrated platform that ensures they remain competitive, compliant, and aligned with both national visions and global energy targets.' Unlike traditional, fragmented point solutions, IFS unifies critical functions such as Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Field Service Management (FSM), Artificial Intelligence Platforms (AIP), and Industrial AI into a single composable platform. This approach removes silos and empowers utility professionals to make smarter, data-driven decisions. With the region's push towards renewable energy, smart grids, and digital transformation, utilities in the Middle East are under increasing pressure to modernise their operations while ensuring service reliability. IFS is at the forefront of this transition, offering solutions that enable smart asset and workforce management, optimised service delivery, and data-driven decision-making. IFS will also be actively participating in two key panel discussions during the World Utilities Congress. Vijay Jaswal, CTO, APJMEA at IFS will participate in 'The Next Frontier: Revolutionizing Water Infrastructure with Smart Innovation and Collaboration' panel on 28 May, and Andrew Sutherland, Senior Vice President at IFS, will join the 'Driving Scale and Responsible Growth in Carbon Markets' panel on May 29. Senior IFS executives will be at the event to take visitors though the company's offerings at Booth 6140.