IFS, the global enterprise applications company, has been identified as the number one vendor in market share in enterprise asset management (EAM) and field service management (FSM) software for the oil and gas industry in a report from ARC Advisory Group, the leading information technology research and advisory firm for industry and infrastructure. 

ARC research director for Enterprise Software and report author, Ralph Rio, commended IFS’s ability “to rapidly develop new components quickly and efficiently to ensure that the application continues to provide the deep functionality needs of the end-user”. He also noted that IFS Applications is designed “for easy integration with other applications – essential when working in large global engineering/construction and service-based organisations” .

“We’re delighted that IFS Applications has once again been recognised as the preferred solution for the Oil and Gas industries, thanks to the unique capabilities in our software for ensuring the asset integrity that is business-critical to enterprises in this sector,” says Thabo Ndlela, director at IFS Africa. “With over 400 customers in the project and asset-oriented market using IFS Applications today, our strategic focus on the oil and gas industry is evidenced in both deep industry expertise and a solid track record.”

IFS is one of the world’s leading providers of business software to large and midsize companies within the oil and gas industry. For more than 20 years, IFS has worked closely with leading EPC contractors, drilling contractors, system/equipment suppliers and asset/plant owners to ensure our solutions meet the oil and gas industry’s stringent requirements.

Customers include: Technip; Seadrill; Maersk Drilling; Maersk Supply Service; Rowan Companies; Odfjell Drilling; Agility Group; Babcock Engineering Services; Heerema Fabrication Group; Archer; Apply; Hertel Group; Rosenberg WorleyParsons; BW Offshore; Semco Maritime; Reinertsen; VARD; PGS; Wellstream; Hamworthy; ShawCore; Icon Engineering; and Trans-Northern Pipelines Inc.