IFS named a ‘Leader’ in Gartner’s Magic Quadrant

Friday, 12 December 2014 04:10 - - {{hitsCtrl.values.hits}}

IFS, the global enterprise applications company, is today recognized as a leader in the Gartner Magic Quadrant for Single-Instance ERP for Product-Centric Midmarket Companies, by Christian Hestermann et al., published 26 November, for its product IFS Applications 8. IFS has been positioned as a leader for the second consecutive year in the report, and has improved its positioning on the ‘completeness of vision’ and ‘ability to execute’ axis. “We are very proud to be recognized for the second year running as a Leader in the industry,” IFS President and CEO Alastair Sorbie said. “A considerable number of our customers have upgraded to IFS Applications 8 since its launch in 2012, and we feel that in this Magic Quadrant Gartner has recognised the breadth, scalability of the IFS solution.” Sorbie continued: “We have had a very successful year, with double digit growth which is among the highest in the industry. We believe this is because we invest heavily in our product and remain true to our focused industry and segmentation strategies. We feel the recognition in the Gartner Magic Quadrant is the result of our continuous commitment to quality and to delivering software that is among the easiest to implement and use. Our strong base of customers is testimony to this, as are the positive numbers published for the last quarter.” Gartner identifies companies as Leaders based on the following criteria: “Midmarket ERP leaders’ products have deep and robust functionality that address a range of core user requirements. Not necessarily the largest vendors in terms of revenue, these vendors have proven products, a track record of customer success and demonstrated momentum in growing their market presence, as well as a clearly communicated strategy to develop their current products into a next-generation application without causing too much disruption when adopted by their customer bases.”

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