IFS Ultimo named leader in Verdantix 2024 EAM Software report

IFS Ultimo has been acknowledged as "a Leader" in the 2024 Verdantix Green Quadrant: Enterprise Asset Management (EAM) Software report.

The industrial software company received recognition for its strong capabilities in business intelligence, robust integrations, a user-friendly interface, and flexible pricing. This marks the second consecutive time that IFS Ultimo has achieved this status, maintaining it since 2022.

The Verdantix Green Quadrant analysis benchmarks the most prominent EAM software vendors and surveys decision-makers on operational excellence initiatives. The report highlights trends influencing the EAM sector, including mobile functionality, rapid implementations, and analytics for predictive maintenance strategies.

IFS Ultimo earned a top position for both market momentum and product capabilities within the Leaders' Quadrant, supported by substantial investments in its growth over the past year. The company has increased its research and development efforts, expanded marketing endeavours, and nearly doubled its network of certified partners while maintaining a 98% customer retention rate.

The firm is also committed to equipping customers with tools that assist in executing their environmental, social, and governance (ESG) initiatives, enhancing work environment compliance, and supporting reliability and reproducibility of information, as well as mapping energy consumption among other functionalities.

Johan Made, CEO of IFS Ultimo, stated, "Receiving recognition from a highly respected research firm like Verdantix underscores the strong momentum behind our growth and success. Since joining IFS Ultimo in January 2024, I've been continually impressed by the excellence of our product and the unwavering dedication of our team. Together, we consistently deliver measurable business value to our customers, ensuring their success, as well as offering capabilities that support them on their sustainable asset management journey."

Verdantix's Senior Analyst, Hugo Fuller, added, "IFS Ultimo offers standardised integrations with Microsoft Dynamics 365 and SAP, as well as custom integrations with Oracle and Infor. The firm also has several integrations with connected worker solutions, including those offered by XMReality, Microsoft HoloLens, and POKA, which was also acquired by IFS, in 2023. IFS Ultimo has also built an extensive partnership network with implementation and technology partners. Partners include APM solution provider AVEVA, GIS technology provider Esri, and SAP."

Verdantix supports change-makers with proprietary data, expertise and executive networks. Impactful analysis is delivered via a digital platform, consulting engagements and in-person events to thousands of decision-makers in more than 100 countries.

IFS Ultimo, an IFS company, aims to energise the financial resilience, regulatory compliance and operational excellence for healthcare, manufacturing, and logistics businesses through its innovative software-as-a-service (SaaS) enterprise asset management (EAM) solutions.