Latest news with #IndustrialAI
Zawya
4 days ago
- Business
- Zawya
IFS Cloud 25R1 Release accelerates path to value from Industrial AI
Dubai, United Arab Emirates – 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. 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. 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. 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. Copilot for Sales Quotation 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. 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. 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. 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. About IFS IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power, and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™. IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector.
Zawya
21-05-2025
- Business
- Zawya
IFS to showcase industrial AI for asset management transformation at World Utilities Congress 2025
Abu Dhabi, United Arab Emirates — 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. About IFS IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power, and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™. IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit to learn why.
Zawya
13-05-2025
- Business
- Zawya
IFS showcases asset optimization capabilities at Asset Integrity and Process Safety Conference & Exhibition in Saudi Arabia
Dubai, United Arab Emirates: IFS, the leading provider of enterprise cloud and Industrial AI software, has announced its participation at the Asset Integrity and Process Safety Conference and Exhibition in Jubail, Saudi Arabia on May 14-15, 2025. IFS will spotlight IFS Cloud, it's industry-specific platform designed for energy, oil & gas, and petrochemical companies that require agility, regulatory compliance, and operational resilience amid evolving global and environmental demands. The company will highlight its Asset Lifecycle Management (ALM) platform, a comprehensive solution that enables organizations manage their assets from capital planning, through operations, to decommissioning. IFS Cloud seamlessly integrates Enterprise Asset Management (EAM), Asset Performance Management (APM), and Asset Investment Planning (AIP) into a unified, composable platform that delivers a connected, data-driven view of asset health, risk, and performance. Speaking on their participation at the event, Vijay Jaswal, Chief Technology Officer APJMEA at IFS, said, 'As a part of the vital oil & gas market in the region, IFS is looking forward to our participation in the Asset Integrity and Process Safety Conference & Exhibition and showcasing our industry leading solutions. Asset Integrity is no longer just a technical or compliance requirement, it is a strategic enabler for safe, efficient, and sustainable operations. IFS offers a comprehensive set of capabilities to help organizations manage asset performance across the full lifecycle, from design and construction to decommissioning. We aim to continue partnering with Middle East organizations on their journey towards intelligent asset strategies that deliver operational excellence and long-term value.' Visitors will get to understand key enhancements in the IFS ALM strategy with the integration of Copperleaf, a global leader in decision analytics for asset investment planning. Copperleaf's advanced capabilities complement IFS's offering by enabling oil & gas and petrochemical companies to model asset-level risk, evaluate trade-offs, and prioritize investments based on economic value, condition, criticality, and long-term business objectives. This ensures capital is allocated to the projects that deliver the highest value while maintaining asset integrity and reliability. In addition, IFS will showcase it's embedded industrial AI layer that drives intelligent, predictive, and prescriptive maintenance. Through advanced analytics, anomaly detection, and intelligent inspection planning, transforms asset operations from reactive to proactive by enhancing reliability, safety, and sustainability while aligning with broader ESG goals. Unlike traditional point solutions, IFS offers the only composable ALM platform that unifies EAM, ERP, FSM, AIP, Copperleaf decision analytics, and Industrial AI. This eliminates inefficiencies, accelerates strategic decision-making, and ensures assets are operated and maintained at optimal performance focused on safely, sustainably, and profitably. By embedding AI-driven insights and value-based investment prioritization directly into operations, IFS empowers oil & gas and petrochemical companies to predict failures, optimize capital planning, and orchestrate field service with intelligent scheduling—ultimately maximizing uptime, extending asset life, and delivering stronger returns across the entire asset lifecycle. Thomas Heckmann, Senior Director – Solution Consulting at IFS will be speaking at a special session on 'Enhancing Asset Reliability and Integrity Through Embedded AI' on May 14 and discuss and share it's TotalEnergies customer success to illustrate the real-world impact of IFS's embedded AI capabilities. He will also be a part of the 'Enhancing Accuracy and Reliability with Advanced NDT and NDE Techniques' panel discussion with other industry experts to explore how advanced techniques, data analytics, and AI are reshaping the future of non-destructive testing and inspection in the Oil & Gas sector. Senior executives from IFS will be available to discuss the IFS solutions and offerings on both days at Booth 5 and 8. About IFS IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power, and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™. IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit to learn why.
Trade Arabia
08-05-2025
- Business
- Trade Arabia
IFS to showcase AI solutions for maritime sector at Jeddah event
IFS, a leading provider of enterprise cloud and Industrial AI software, will showcase its leading industrial AI solutions under at the International Port and Marine Development Conference to be held in Jeddah, Saudi Arabia on May 13 and 14. The solutions are tailored to address the evolving challenges of the maritime and shipbuilding sectors. The focus will be on empowering shipbuilders, operators and maritime service providers with tools that enhance operational efficiency, ensure regulatory compliance and drive digital transformation, the company said. Some of the key solutions that will be highlighted at the conference include the, IFS Maritime ERP that provides comprehensive operational control and helps in conforming to the Environmental Ship Index (ESI), and smart port requirements, while meeting environmental and operational standards. The Enterprise Asset Management (EAM) solutions on display will highlight how the solutions are designed to maximize asset value, improve safety and boost productivity with tools that are crucial for managing mission-critical assets and ensures optimal performance and longevity. And lastly, the Service Management solutions that streamline operations, enhance customer satisfaction and support the unique needs of this sector. They help in facilitating efficient service delivery and maintenance operations. Vijay Jaswal, Chief Technology Officer APJMEA at IFS, said: 'In keeping with the goals of the International Port and Maritime Development Conference to strengthen the nation's commitment to enhancing maritime infrastructure, IFS is very proud to be a part of this event and focus on our Industrial AI solutions, We will be showcasing our maritime sector specific solutions that help in modernising operations by embracing data-driven intelligence and predictive capabilities that ensure vessels, and all port and terminal assets perform optimally and navigate the complexities of the modern maritime landscape. We look forward to meeting our customers and industry stakeholders.' Through its participation in the conference, IFS aims to actively engage with shipbuilders, port operators, and logistics providers, and looks forward to sharing its latest technological innovations that are shaping the future of maritime operations. IFS also seeks to foster meaningful conversations around digital transformation, explore strategic partnerships, and strengthen its position as a trusted technology partner driving efficiency, resilience, and sustainability across the maritime value chain.
Zawya
08-05-2025
- Business
- Zawya
IFS to showcase its advanced suite of maritime solutions at the International Port and Marine Development Conference in Saudi Arabia
Dubai, United Arab Emirates: IFS, the leading provider of enterprise cloud and Industrial AI software, today announced its participation at the International Port and Marine Development Conference to be held in Jeddah, Saudi Arabia on May 13-14, 2025. The company will showcase its leading Industrial AI solutions, that are tailored to address the evolving challenges of the maritime and shipbuilding sectors. The focus will be on empowering shipbuilders, operators and maritime service providers with tools that enhance operational efficiency, ensure regulatory compliance and drive digital transformation. Some of the key solutions that will be highlighted at the conference include the, IFS Maritime ERP that provides comprehensive operational control and helps in conforming to the Environmental Ship Index (ESI), and smart port requirements, while meeting environmental and operational standards. The Enterprise Asset Management (EAM) solutions on display will highlight how the solutions are designed to maximize asset value, improve safety and boost productivity with tools that are crucial for managing mission-critical assets and ensures optimal performance and longevity. And lastly, the Service Management solutions that streamline operations, enhance customer satisfaction and support the unique needs of this sector. They help in facilitating efficient service delivery and maintenance operations. Speaking on their participation, Vijay Jaswal, Chief Technology Officer APJMEA at IFS, said, 'In keeping with the goals of the International Port and Maritime Development Conference to strengthen the nation's commitment to enhancing maritime infrastructure, IFS is very proud to be a part of this event and focus on our Industrial AI solutions, We will be showcasing our maritime sector specific solutions that help in modernising operations by embracing data-driven intelligence and predictive capabilities that ensure vessels, and all port and terminal assets perform optimally and navigate the complexities of the modern maritime landscape. We look forward to meeting our customers and industry stakeholders.' Through its participation in the conference, IFS aims to actively engage with shipbuilders, port operators, and logistics providers, and looks forward to sharing its latest technological innovations that are shaping the future of maritime operations. IFS also seeks to foster meaningful conversations around digital transformation, explore strategic partnerships, and strengthen its position as a trusted technology partner driving efficiency, resilience, and sustainability across the maritime value chain. Vijay Jaswal will be speaking on 'Improving Asset Performance with AI-Enabled APM in Port and Terminal Operations' and will also be a part of a panel discussion on 'The Pivotal Importance of Intelligent Ports Within the Intermodal Transportation Network', both on May 13th. Other senior executives from IFS will be available to meet customers at Booth 48 and 49 at the event. About IFS IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power, and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™. IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector.
