IFS’ win streak from late 2012 seems to be flowing into 2013. On January 16, 2013, the global enterprise applications company announced that Vantaa Energy Ltd., one of Finland’s largest urban energy companies, has selected IFS Applications 8 to streamline its business processes.
The Selection Rationale
In September 2011, Vantaa Energy reportedly started to look for a new business
supply chain telecom
for capital project management, supply chain management (SCM), assets and work management, service and contracts management, sustainability, financial management, human resource management, document management, and others. Overall total cost of ownership (TCO) —IFS had the lowest TCO based on Vantaa Energy’s calculation. Cost-effective and scalable, the IFS Applications suite can be used in large-scale enterprise deployments and as best-of-breed functionality. The contract includes licenses and