IFS unleashed 2024 updates

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Nucleus attended the 2024 IFS Unleashed conference in Orlando, where IFS introduced its Industrial AI offerings for asset-intensive industries, a scheduling optimization simulation feature, the new sustainability management module with PwC, and integration with software vendor Savos for indirect tax compliance. At the conference, IFS reinforced its cloud-first strategy through its partnership with Microsoft Azure, which underpins its platform’s scalability and security. Recently completed acquisitions of Asset Investment Planning (AIP) software vendor Copperleaf and Maintenance, Repair, and Overhaul (MRO) vendor Empower MX were also showcased at the event. Analysts believe these updates will help organizations improve tax compliance, optimize asset utilization, and reduce ESG compliance costs.

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