Swedish software company IFS, a specialist in management and maintenance software for large industrial companies, has just published its financial results for the first nine months of 2025. IFS reports continued profitable growth, confirming its central role in the sector's digital transformation. Its annual recurring revenue (ARR) jumped by 22% year-on-year, while cloud revenues increased by 31%, testifying to the massive adoption of its hosted solutions. Subscription-based revenues now account for 82% of total revenues, providing the Group with a solid, predictable base from which to finance its innovations.
This dynamic reflects a clear shift in the market: industrial companies are no longer simply experimenting with artificial intelligence, they are deploying it on a large scale in their most critical operations. IFS is capitalizing on this evolution with its IFS.ai platform, designed to address the operational complexity of large organizations: production, asset maintenance, logistics, field services. IFS customers include some of the world's largest corporations, such asArcelorMittal, TotalEnergies, Hitachi Energy, Japan Airlines, Callaway, as well as Aneo (Scandinavia's leading renewable energy company). These companies use IFS technologies to automate key processes, improve real-time decision-making and increase efficiency.
Founded in 1983 by five Swedish engineers, IFS began its adventure in an atypical way: its founders set up a tent in front of their first customer's site, so they could intervene at any time. Forty years on, this spirit of proximity and agility remains the hallmark of the company, which today employs over 7,000 people in 80 countries, and has reached a valuation of 15 billion euros.
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