Mark Moffat, the new CEO, highlighted the phenomenal growth at IFS, showing a 33% rise in revenue and a remarkable 46% increase in cloud sales last year.
Under Moffat’s leadership, IFS continues to uphold its commitment to customer relationships, investing heavily in understanding customer needs and aligning development with them.
IFS is focusing on 'Industrial AI' within its cloud platform, which combines aspects of ERP, EAM, and FSM for six specific industries, yet there's concern about a possible competitive disadvantage.
Moffat, previously the Chief Customer Officer, brings a customer-centric approach to his role, making sure IFS's strategy is closely aligned with what customers truly desire.
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