IFS Signs Multimillion-Dollar Agreement with Rockwell Automation to Provide Business Software and Services.Business Editors CHICAGO--(BUSINESS WIRE)--Aug 15, 2002 IFS signed a multimillion-dollar global agreement in the second quarter with Rockwell Global Manufacturing Solutions of Milwaukee to provide IFS Applications business software and services. The software will be implemented in phases at multiple sites worldwide to support project management, professional services automation See PSA. , asset management and manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. . Rockwell purchased IFS components for project management, manufacturing, distribution, maintenance, engineering, and e-business. In the first phase, Rockwell will deploy IFS software to support its Global Manufacturing Solutions operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon , which provides a single source of consulting, implementation, and support to companies worldwide. The unit's expertise crosses all industries and applications, and its goal is to improve customers' manufacturing efficiencies by identifying key issues and focusing on tangible results. "IFS Applications is packaged for payback to help companies lower their costs while increasing their revenues -- whether the focus is professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. operations linked with projects, manufacturing, deliveries and after-sales services after-sales service n (BRIT) (COMM) (for car, washing machine etc) → servicio de asistencia pos-venta after-sales service n → service m , etc., or manufacturing organizations," said Terje Vangbo, IFS North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. president. "IFS offers more than 60 components and a wide array of integrated tools, including collaboration functionality, for developing and nurturing customer, partner or supplier relationships. These tools give companies unique capabilities to generate added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
About Rockwell Automation Rockwell Automation NYSE: ROK is an industrial automation company. Its products include Allen-Bradley controls and engineered services and Rockwell Software factory management software. The company headquarters are located in Milwaukee, Wisconsin. Rockwell Automation (NYSE NYSE See: New York Stock Exchange : ROK) is a world-leading provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. The company brings together leading brands in industrial automation for Complete Automation solutions, including Allen-Bradley(R) controls and engineered services and Rockwell Software(R) factory management software, Dodge(R) mechanical power transmission products, and Reliance Electric(R) motors and drives. The company also is a leading provider of contact management technologies and applications that help companies more efficiently manage interaction with their own customers. Headquartered in Milwaukee, the company employs approximately 23,000 people at more than 450 locations serving customers in more than 80 countries. More information is available at www.rockwellautomation.com. About IFS IFS develops and supplies component-based business applications for medium and large enterprises. IFS Applications, which is based on Web and portal technology, offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, financials, engineering, maintenance and human resource administration. IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration. A top five global business applications supplier, IFS has more than 3,100 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. (XSSE: IFS). More information is available at www.ifsna.com. IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners. |
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