Energy and utilities service provider selects IFS Applications 9

Regulatory News:

IFS (http://www.ifsworld.com/), the global enterprise applications company, announces that a UK-based service provider in the energy and utilities sector has chosen to deploy IFS Applications™ 9 (http://www.ifsworld.com/corp/solutions/ifs-applications/) across the company’s core business operations. The agreement includes licenses valued at approximately £1.1 million.

IFS Applications 9 will support mission-critical processes such as financials, procurement, asset management, project management, service management, and mobile workforce management.

"We are delighted to announce this significant win in the energy and utilities sector,” IFS UK managing director Paul Massey said. "IFS has a long and successful track record in this industry, which is reflected in our best-practice solutions and services.”

Learn more about how IFS supports companies in the energy and utilities sector here: www.ifsworld.com/corp/industries/energy-and-utilities/.

About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)

Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/

IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on June 30, 2016, at 3.30 p.m. CEST.

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20160630005736/en/