IFS #1 in Market Share and Year-Over-Year growth

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We’re celebrating being ranked as #1 in the Gartner® Market Share: All Software Markets, Worldwide, 2023 in the Enterprise Asset Management (EAM) segment by Revenue for the third consecutive year, with a 20.3% share and 36.4% year over year growth.

As many face continued economic challenges, we’re confident that our customers are maximizing the profitability and resiliency of their assets through an enterprise-wide view of company asset performance.

“We believe our third consecutive #1 ranking in the EAM segment in the Gartner report is clear evidence that we are getting it right – by relentlessly focusing on listening to our customers and delivering value for them. We are very proud to have retained this rank, hot on the heels of our Q1 2024 financial results which revealed the best start to a year in IFS history, with annual recurring revenue up 26% year-over-year.” Kevin Price, Global Head of Enterprise Asset Management.

Discover more about IFS EAM solutions.

GARTNER® is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Source: The Gartner Market Share: All Software Marketings, Worldwide, 2023, 22 April 2024.
Charts/graphics created by IFS based on Gartner research.

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