Today, Industry 4.0 has become mainstream in the aerospace and defense (A&D) sector. Now, attention is shifting to a new concept: Industry 5.0.

In its Q3 2024 results, IFS reinforced its leadership in industrial software solutions by delivering significant growth, with a 30% increase in Annual Recurring Revenue (ARR).

The IFS Cloud solution includes industry best practices and business processes you can use right away or configure to your requirements. These processes are built into IFS Cloud and supported by industry‑specific accelerators for the industrial manufacturing sector. Components such as demand forecasting, planning and scheduling, inventory management, quality management, warehouse management, and shop‑floor data collection are all provided natively within the system.