IFS, the global enterprise applications company, has been named as the only challenger in the Gartner Magic Quadrant for Energy and Utilities Enterprise Asset Management*. IFS attributes this position to significant growth in energy and utilities sectors such as power generation and oil and gas.
“We are pleased to be recognized as the only challenger in the Gartner Magic Quadrant for Energy and Utilities EAM,” said Colin Beaney, IFS global industry director for energy & utilties. “Over recent years, we have experienced strong growth in this sector, which includes the oil and gas segment, and we believe that our position as challenger is proof of our momentum. IFS has more than 30 years’ experience of providing asset lifecycle solutions to the energy and utilities sector and we work with some of the world’s leading oil and gas companies—a legacy that we feel is unique in the enterprise applications market. We also believe that Gartner’s recognition validates the effectiveness of our global delivery capabilities and our efforts to grow our partner ecosystem.”
Since it was founded, IFS has developed and delivered best-practice-based, industry-specific solutions for the energy and utilities sector in enterprise asset management, capital project management, and asset lifecycle management. Working closely with leading power generation and transmission companies, EPCI contractors, drilling contractors, system/equipment suppliers and mobile asset owners, IFS delivers solutions that meet the sector’s stringent requirements.
IFS Applications™ is used by leading utilities such as Three Gorges, National Hydroelectric Power Corporation, Brookfield Renewable Power, Mälarenergi ,GECOL, Horizon Utilities, Torresol, Barking Power, and nuclear power stations in Sweden (E.On OKG, Vattenfall Forsmark, Ringhals ), South Africa (PBMR), and China (Sanmen, Shandong and Qinshan). IFS customers in the oil and gas segment include : Technip, Seadrill, Maersk Drilling, Maersk Supply Service, Rowan Companies, Odfjell Drilling, Agility Group, Mustang, Babcock Marine, Heerema Fabrication Group, Archer, Apply Sørco, MIR VALVE, Hertel Group, Rosenberg WorleyParsons, BW Offshore, Semco Maritime, Reinertsen, VARD, PGS, Wellstream, Hamworthy, ShawCore, Icon Engineering, Songa Offshore, Mermaid Marine, Trans-Northern Pipelines Inc., Yinson Berhad, and Wood Group.
A complimentary copy of the Gartner Magic Quadrant is available from the IFS website.
