IFS — short for Industrial and Financial Systems — is an enterprise resource planning (ERP) platform built for asset- and service-intensive industries. What makes IFS distinctive is that it brings three things most companies otherwise buy separately into one product: core ERP, enterprise asset management (EAM), and field service management (FSM). For manufacturers, utilities, construction and engineering firms, and service organizations, that combination is a natural fit.
What IFS Covers
Manufacturing
Discrete, batch, make-to-order, configure-to-order and project-based production, plus MES.
Supply chain & projects
Procurement, inventory, logistics and full project management.
Enterprise asset management
Maintenance planning, asset performance and reliability for capital-intensive operations.
Service management
Work orders, contracts and warranty, scheduling, mobile technicians and field service.
Financials
Core accounting and financials integrated with operations across the business.
IFS Cloud vs. IFS Apps 10
IFS Cloud is the current generation of the product. It unifies ERP, EAM and service management into a single platform with a modern interface, evergreen (continuous) updates, and embedded AI and analytics. It replaces the older IFS Applications 10 (Apps 10) release line — and many organizations are now planning or running an Apps 10 to IFS Cloud upgrade to get onto the continuously updated platform.
Frequently Asked Questions
What is IFS ERP?
IFS is an enterprise resource planning (ERP) platform for asset- and service-intensive industries — manufacturing, field service, energy, construction, aerospace and defense. It combines ERP, enterprise asset management (EAM) and field service management (FSM) in one product.
What is IFS Cloud?
IFS Cloud is the current, unified version of IFS, delivering ERP, EAM and service management as a single cloud platform with built-in AI and analytics. It is the successor to IFS Applications 10 (Apps 10).
What's the difference between IFS Apps 10 and IFS Cloud?
IFS Applications 10 is the previous release line; IFS Cloud unifies ERP, asset and service management into one continuously updated platform with a modern UI, evergreen updates and embedded AI. Many organizations are upgrading from Apps 10 to IFS Cloud.
Who uses IFS?
Manufacturers, field-service and maintenance organizations, energy and utilities, construction and engineering firms, and aerospace and defense companies — businesses that manage complex assets, projects and service operations.
Considering IFS?
ESS is an IFS Gold Partner with 15+ years of IFS expertise — see IFS consulting & implementation and IFS Apps 10 to Cloud upgrades.