IFS Applications(TM) 7 Wins 'Management Information Product of the Year' in Construction Computing Awards
LINKOPING, Sweden, Nov. 30 -- IFS has reinforced its position as a key business systems supplier to the construction industry, winning Construction Computing's prestigious Hammer Award for Management Information Product of the Year for IFS Applications 7. Voted by Construction Computing readers, the approach and benefits of IFS Applications were demonstrated in its implementation at Hertel, a leading provider of multidiscipline support services.
"With the IFS system, our staff have more timely and accurate information, and find it easy to learn and easier to find and analyze data," said David Redpath, IT Manager for Hertel UK. "In addition, Hertel has been able to grow its business by over 25 percent without increasing the level of support staff since implementing IFS Applications."
IFS Applications 7 adds to the integrated support for business processes that manage the complete construction lifecycle, including scope, tender, approval, award, procurement, payments, cost control, project delivery, handover, and ongoing maintenance and facility management.
"IFS works closely with this industry and has designed IFS Applications 7 to support all key business processes and increase agility in project-centric businesses like construction companies," said Paul Massey, Managing Director for IFS UK. "Users can see all their information from right across the business, in a single system at any point in their project, as demonstrated with Hertel."
"That the project has been a great success is borne out by Hertel's increasing their business by over 25 percent," said Alastair Sorbie, CEO of IFS. "I'm very pleased that this achievement and IFS' investment in providing world-class tailored solutions for the construction industry have been recognized through this prestigious award."
"The teams from Hertel and IFS worked very hard together to ensure that this project hit its targets, and we continue to work together as Hertel implements further areas of the IFS Applications suite," said David Knox, Consulting Services Manager for IFS UK.
The Construction, Service, and Facilities Management industry is one of IFS' seven targeted market segments. IFS Applications supports planning and forecasting, improves efficiency and control in day-to-day operations, and integrates project, asset, and facilities management with sales contract management, workforce management, supply chain management, and business intelligence. In addition to Hertel, IFS' existing customers in the industry include First Engineering, Babcock International, Alan Dick, Mitsui Babcock, Rotary Engineering, Munters, Securitas DSE, Anticimex, Dalkia Facilities Management, the Oslo and Budapest airports, and the civil aviation authorities in Sweden, Norway, and Finland.
About Hertel
The Hertel Group is a leading global provider of maintenance service support for industrial, commercial, and manufacturing industries. The UK business is growing at around 10 percent per year, and with annual sales of over $280 million, it accounts for nearly half of the group's total business. Hertel (UK) Ltd. operates through a network of more than 60 customer site offices and 11 regional centers. Activities range from project surveys and reports to total solutions for rectification and ongoing monitoring. The extensive customer base includes nuclear decommissioning, petrochemical processing plants, public sector utilities, and municipal authorities.
About IFS
IFS (XSSE: IFS), the global enterprise applications company, provides solutions that enable organizations to respond quickly to market changes, allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.
IFS was founded in 1983 and now has 2,600 employees worldwide. IFS pioneered component-based enterprise resources planning (ERP) software with IFS Applications, now in its seventh generation. IFS' component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries, in 20 languages.
IFS has more than 500,000 users across seven key vertical sectors: aerospace & defense, automotive, high-tech, industrial manufacturing, process industries, construction & facilities management, and utilities & telecom. IFS Applications provides extended ERP functionality, including supply chain management (SCM); enterprise asset management (EAM); maintenance, repair, and overhaul (MRO); product lifecycle management (PLM); customer relationship management (CRM); and corporate performance management (CPM) capabilities.