IFS announces outstanding 2024 financial results driven by increase in demand for Industrial AI

Image credit: IFS.

IFS, the leading provider of enterprise cloud and Industrial AI software, has announced its strongest ever financial performance, for the year ending 31 December, 2024. Sustained organic global growth fuelled by demand for Industrial AI has driven Annual Recurring Revenue (ARR) to exceed €1bn, with total revenue for the year at €1.228bn.