IFS Cloud is an enterprise software platform from IFS that combines enterprise resource planning, enterprise asset management, field service management and enterprise service management, with HCM and CRM functions on the same data model. IFS positions it for aerospace and defence, energy, utilities and resources, engineering, construction and infrastructure, manufacturing and service industries. It can be run as a managed cloud service operated by IFS or deployed remotely in the customer's own data centres, for organisations whose data must stay within defined boundaries.
IFS is headquartered in London, United Kingdom. Its owners include the investment firms Hg and EQT as co-control shareholders, with TA Associates, the Abu Dhabi Investment Authority and CPP Investments as minority investors. For European data residency, IFS offers EURA Services, which according to IFS keep the IFS Cloud solution and its data in data centres in the EU and EFTA, with access limited to IFS staff in the EU, EFTA and the UK. The platform is proprietary, so a European organisation should confirm in the contract which deployment and which services apply.