Featured in Vintage Altaroc Odyssey 2022, IFS, which specializes in ERP software (accounting, purchasing and project management) for industrial companies worldwide, has just completed the acquisition of Poka, a connected worker platform designed specifically for manufacturers.
This acquisition positions IFS as the world's only provider of best-in-class ERP, EAM and FSM capabilities, now able to digitally connect workers across the end-to-end value chain in its core industries.
It thus extends its capabilities with Poka's connected work technology to enable factory and field workers to work smarter and safer, while improving productivity and efficiency.
Over the past few decades, companies have invested trillions of dollars to enable office workers to do their jobs. With a focus on efficiency, Industry 4.0, and merging the physical and digital worlds to drive automation, companies are now looking to enable factory and field workers to work smarter, safer and more efficiently.
Connected worker technologies go beyond a software application that enables workers to do their jobs better. When frontline workers are digitally connected, companies are better prepared to collect and share critical operational data in real time, optimizing work systems where ideas are contextualized and responsive.
IFS is a fast-growing company with steadily improving results, with net revenues of €236 million in Q1 2023 (up 38% on Q1 2022), a valuation of $10 billion by the end of 2022, and 5,500 employees worldwide.
