Gartner recognises IFS as leader

IFS, a global enterprise applications company, has been recognised as a leader in the Gartner Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies, by Christian Hestermann et al, it said in a statement yesterday.  The recognitoion came for its product IFS Applications 8™, it said.

IFS has been positioned as a leader for the second consecutive year in the report, and has improved its positioning on the 'completeness of vision' and 'ability to execute' axis, the company said.

“We are very proud to be recognised for the second year running as a leader in the industry,” Alastair Sorbie, IFS president and chief executive, said.

“A considerable number of our customers have upgraded to IFS Applications 8 since its launch in 2012, and we feel that in this Magic Quadrant Gartner has recognised the breadth, scalability of the IFS solution,” he said.

“We ave had a very successful year, with double digit growth which is among the highest in the industry. We believe this is because we invest heavily in our product and remain true to our focused industry and segmentation strategies.”  

Gartner identifies companies as leaders based on midmarket ERP products with deep and robust functionality, a track record of customer success and momentum in growing market presence, abd clearly communicated strategy, among others, the statement said.