IFS identified as number one vendor

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 by ARC Advisory Group, said a statement.

In its new publication "Enterprise Asset Management and Field Service Management, Global Market Research Study, Market Analysis and Forecast through 2018," ARC Advisory Group recognises IFS as the leading supplier to the global oil and gas industry. ARC Research Director for Enterprise Software and report author, Ralph Rio commented on 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."