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     North American E-Newsletter Edition                                                                                                                    April

IFS World Newsletter - North American Edition


IFS Welcomes ShipConstructor Software to its Partner Program

IFS North America has signed a partnership agreement with Victoria, BC-based ShipConstructor Software, Inc., creating a single end-to-end application environment to meet the needs of the Canadian Government’s National Shipbuilding Procurement Strategy (NSPS).

ShipConstructor provides an AutoCAD-based CAD/CAM application for the production design of ships and offshore assets, while IFS offers a project-based enterprise resource planning (ERP) system designed to support the entire asset lifecycle including design, fabrication, construction, procurement and aftermarket support, along with a broad array of supporting functions including finance and document management.

ShipConstructor and IFS have a long history of collaboration in the United States National Shipbuilding Research Program (NSRP) and share a number of common customers. ShipConstructor is noted for being the overwhelming choice for naval shipbuilding in their market. The majority of the U.S. Navy’s future fleet is being 3D modeled in ShipConstructor software. IFS can boast that some of world’s most renowned shipbuilders including Damen Shipyards, Austal, Todd Pacific Shipyards and Babcock use their ERP enterprise suite, IFS Applications. IFS Applications holds a unique position in the market having been recognized by industry analysts as a best-in-class solution for project-based manufacturing and maintenance repair and overhaul, both of which are essential processes for shipyards.

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IFS Touch Apps Announced at IFS Customer Summit 2011

The IFS Customer Summit, April 10-13, in Chicago was attended by nearly 500 people from over 130 companies, from 7 countries. Attendees learned about exciting IFS news related to application enhancements, new products, technology advances and much more.

During the summit, IFS announced the IFS Touch Apps program for smartphones. IFS introduced the first two touch application prototypes which included IFS Trip Tracker and IFS Notify Me. The IFS Trip Tracker App is integrated with IFS expense reporting and provides mobile individuals on the go, the ability to complete expense reporting from a smartphone including attaching voice memos and pictures of receipts to an expense report automatically. The IFS Notify Me App is integrated with IFS event notifications and approvals which allows an individual to receive notifications on their smartphone and then provide releases, approvals, authorizations, etc. based on the notification type. 

These Touch Apps are provided as part of the IFS Cloud which provides the foundation enabling users to connect to the cloud using various Internet connected devices and work with their IFS Applications installation – anywhere in the world.

IFS also hosted the first Smartphone Touch Apps Focus Group meeting at the summit which was attended by five North American customers. Participants were given some hands-on experience with the new Smartphone Apps prototypes in this focus group meeting where IFS was looking for feedback and direction related to Smartphone Touch App design, user experience, value and ideas for additional Smartphone apps. 

Watch a video on one of the summit presentations regarding IFS Applications and social media.

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Free White Paper: eCommerce for ETO Companies

Download White PaperThe term eCommerce is most commonly associated with the retail environment. And indeed, the ability to browse, search and order products remotely has forever changed how we buy things. In the business-to-business world, companies selling commodity items have also erected storefronts, and those selling to large OEMs are engaged in eCommerce through EDI, electronic data interchange.

But what of more complex manufacturers, those that engineer products to customer orders; engineering, procurement construction contractors or those involved in large, capital equipment projects that are highly collaborative? With the right enterprise application environment, these companies can also harness the efficiencies of eCommerce. In this whitepaper, we will discuss the benefits engineer to order (ETO) manufacturers can realize by adopting eCommerce practices as well as the specific demands eCommerce for ETO will place on an enterprise software product.

Read more about CBS in this white paper today.


Podcast: Key Topics From the IFS Customer Summit 2011

Hear some of thIFS Radio Networke topics that were said by IFS AB CEO Alastair Sorbie, IFS Americas CEO Cindy Jaudon, Director of Products and Industry Marketing Anders Lif, and analyst Ray Wang of The Constellation Group at the IFS Customer Summit 2011 in Chicago last week.

A number of new initiatives and features were unveiled at the summit. But according to Sorbie, IFS’ core focus on project- and asset-intensive industry will remain unchanged.

"IFS is true to its origins... We have not deviated and said to the market that we want to be number one in banking, as one of our competitors has done. And we have not gone into retail, on some sort of right angle turn as our competitors have done. We are staying in this area. We will invest in that area. And we will add functionality and value in this area as well."

~ Alastair Sorbie, CEO, IFS AB

 

Hear Podcast          Hear News                 Questions?
 

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IFS Interim Financial Report

Financial reports — Interim Report, January–March 2011
Strong growth in revenue and earnings

January–March 2011 (first quarter)

  • License revenue - an improvement of 23 percent currency adjusted.
  • Maintenance revenue - an improvement of 6 percent currency adjusted.
  • Consulting revenue - an improvement of 12 percent currency adjusted.
  • Net revenue - an improvement of 11 percent currency adjusted.
  • EBIT amounted to SKr 10 million (Q1 '10: SKr 8 million). Cash flow after investments was SKr 43 million (Q1 '10: SKr 74 million).
  • Earnings per share after full dilution amounted to SKr 0.15 (Q1 '10: SKr 0.11).

Outlook

IFS expects good organic growth in 2011, with stronger license sales and an improvement in EBIT.

Financial Report

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IFS Customer Story - Flexpipe Gains Speed & Environmental Traceability

Flexpipe Systems Inc., of Calgary, Alberta, manufactures and sells proprietary non-metallic, corrosion-resistant pipeline products and crimped steel fittings primarily for oil and natural gas producers. The company was acquired in 2008 by global energy services company ShawCor Ltd. After a thorough comparison and selection process, Flexpipe Systems chose to migrate from its existing enterprise resource planning (ERP) solution to Shawcor’s instance of IFS Applications.

Roadblock to Growth

According to Flexpipe Systems’ Business Process Optimization Manager, Don Mille
r, Flexpipe’s existing ERP solution was heavily customized in order to meet the company’s business needs.

“We were using Epicor Vantage,” Miller said. “Our implementation contractor had done numerous modifications to the source code. It got to a point that it was handcuffing us significantly and a lot of the standard functions were beginning to be hampered. Vantage was so customized that we could not do an upgrade; upgrading the system would involve a complete reimplementation. We were forecasting major growth in the next few years, so we decided it was time to either replace Epicor Vantage with a new version or go to something else.” Apart from the company’s immediate system requirements based on current business levels, Flexpipe Systems was cognizant of its future growth requirements, and the additional functionality that could be incorporated into a new system. IFS Applications provided a solution.

“IFS provided a number of platforms that could be used in our long term plans, including the use of recipes in the ERP system. Epicor did not provide this function,” Miller said. “We didn’t require these recipes right away in our current business process but in the future we knew we could need the extra flexibility.”

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Events: Meet IFS at These Upcoming Spring Events

Upcoming Events

OFFSHORE TECHNOLOGY CONFERENCE
May 2-5, 2011 in Houston, T
X
Visit IFS at Booth #7702

Founded in 1969, the Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. Each year, OTC attracts more than 60,000 attendees and 2,000 exhibiting companies representing more than 110 countries.

 

ELECTRIC POWER
May 10-11, 2011 in
Rosemont, IL
Visit IFS at Booth #1639

ELECTRIC POWER is the largest coal power conference in the U.S. It offers more sessions and speakers and attracts more coal power producers than any other event. In addition, the leading users’ group for PRB Coal holds its primary meeting at ELECTRIC POWER each year. Register today!

2011 ITW GLOBAL IT SUMMIT
May 16-20, 2011 in
Phoenix, AZ
Visit IFS at the Summit!

IFS is a sponsor at the 2011 ITW Global IT Summit that will be held May 16-20th at the Arizona Grand Resort in Phoenix, Arizona. In attendance will be up to 200 ITW IT and Telecom professionals representing our businesses from around the globe. ITW is a multibillion dollar company with 100 years of history. ITW today designs and manufactures fasteners and components, equipment and consumable systems and a variety of specialty products and equipment for customers around the world. The company's more than 840 businesses are mostly small, decentralized and focused on their customers.


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Free Web-Based Tool Simplifies CMMS/EAM Evaluation Process

Are you looking for a CMMS or EAM solution but don't know where to begin? Try the Plant Services CMMS/EAM Software Review tool, an industry-unique, web-based tool that simplifies the software evaluation process. David Berger, principal of Western Management Consultants and a well-known authority on CMMS and EAM, has teamed up with Paul Studebaker, Editor-in-Chief of Plant Services magazine, to create this sophisticated comparison tool.

  Compare with 3 levels of complexity & up to 360 distinct data points.

  Weight software attributes that are most critical to you business.

  View objective side-by-side comparison of multiple solutions at once.
 

No other web-based program offers superior analytical capabilities than this CMMS evaluation program. Try it now and save valuable time!


 

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Meet the IFS Team

Each month the IFS customer newsletter will feature an IFS employee.

This month's spotlight is on:

Missi - Director of Support Center Americas

"I am the Director of Support Center Americas and work out of the Brookfield, Wisconsin office. I have been with IFS since November of 1988, and have worked in many different roles within the company. In 1988, I started in accounting, and over the following several years worked in many different departments. I joined the IFS customer support team in 1991 and that's where I found my passion. I have held every role in customer support from first line, which was called support receptionist at the time, to my current role today.

Over the past several years I have spent much of my time trying to visit as many IFS customers as possible. This enables us to really get closer to our customers and adapt to their changing needs. We have also just implemented a case-based survey so that we can get real time feedback.

On a personal note, I have been lucky enough to be married for 18 years to my best friend Joel, whom I have known since high school. We have two wonderful daughters, the oldest, Krysta, is 16 and the youngest, Kate, is 9. We also have 3-year-old Beagle.

In the summer my favorite past time is going to car shows and in the fall and winter it's watching the Green Bay Packers play football. Go PACK Go!"

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Aerospace and DefenseAutomotiveEnergy and UtilitiesProcess Industries: Food and BeverageIndustrial ManufacturingHigh TechConstruction, Contracting & Service Management

If you're considering new ERP/EAM options, take a closer look at IFS - the choice of successful companies such as GE, BMW, Ericsson, and Lockheed Martin. IFS' component-based software makes it easier for companies to achieve rapid bottom-line results.

 

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