|Defense manufacturer selects IFS Applications to streamline lifecycle management|
(4 April 2007, Linköping)
IFS has received an order for IFS Applications from Saab Microwave Systems for the delivery of business applications for product lifecycle management (PLM). The applications will be used to create a solid foundation for developing a more agile and efficient integrated flow of processes to manage product development, manufacturing, and after sales. The order is worth approximately SKr 10 million and initially includes components for product data management and document management.
The vision is to develop a common product model for organizing product data whereby the users take responsibility for and maintain the information they produce, from concept to after sales. The product model integrates data and information from processes such as software, electronic and mechanical engineering, as well as purchasing, manufacturing, and quality control, which means that different user categories can share product information in a controlled manner.
IFS Applications will replace several of Saab Microwave Systems’ existing solutions for a common product model. The new solution will go live in September 2007.
Aerospace and defense is one of IFS’ targeted market segments. IFS Applications includes advanced standard functionality that meets the demanding requirements of defense manufacturers. IFS’ fully integrated project tracking and product data management (PDM) capabilities, when combined with other IFS Applications components, make it easier to operate while managing the design, manufacturing, and ongoing spare parts logistics and maintenance support of complex products throughout the product lifecycle.
IFS customers within the aerospace and defense industry include the British, Norwegian, and US defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Finnair, Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab, and GE Transportation.
About Saab Microwave Systems
Saab Microwave Systems is a business unit within Saab AB that provides radar systems, including advanced airborne, ground-based and naval radar with related service and support.
About IFS and IFS Applications
IFS (OMX STO: IFS), the global enterprise applications company, provides solutions which enable organizations to respond quickly to market changes—allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.
IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered component-based ERP software with IFS Applications, now in its seventh generation. IFS’ component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.
IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management and utilities & telecom. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM) and maintenance repair and overhaul (MRO) capabilities.
For additional information, contact:
Manni Svensson, Investor and Public Relations, IFS
Rachel Hodgson, LEWIS PR
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