Engineering Collaboration Software supports CAD integration.

Press Release Summary:



Along with dedicated integration tool for collaboration with tag-based CAD environments, IFS Applications v7.5 delivers features to support contractors working with engineering, procurement, construction, and installation projects. It covers areas of system breakdown structure, project cost/progress, and material management. Also included, Asset Information Integration Manager enables engineering contractors to utilize detailed engineering data in critical purchasing processes.



Original Press Release:



IFS Ships New Advanced Configurable CAD Integration Tool for Engineering Contractors



SCHAUMBURG, Ill., Oct. 17 -- IFS, the global enterprise applications company, today at its world conference in Berlin, Germany announced new features to further enhance IFS Applications' existing functionality for engineering contractors. A key addition is the new dedicated integration tool for efficient collaboration with tag-based CAD environments.

The company's latest release, IFS Applications 7.5, includes a set of enhancements to support contractors working with engineering, procurement, construction and installation (EPCI) projects. The additions cover areas of system breakdown structure, project cost and progress, and material management.

Most significantly, the new IFS/Asset Information Integration Manager (AIIM) will complement IFS/Engineering Register, enabling engineering contractors to utilize more detailed engineering data in business critical purchasing processes. The new component is built on open standards and simplifies the integration of CAD/Design systems with IFS Applications. The tool makes accessible previously hidden CAD information on a delivered system, including tagged equipment, documents, and parts, as well as the structures and relationships in between.

"Although many ERP systems can get part numbers or material lists from modern CAD tools, the most business critical information in the CAD tools geared at contractors is stored in tags, documents and attributes," IFS Global Director for Contracting Industries Martin Gunnarsson said. "With the new integration tool, IFS Applications is able to get this data and control the information changes in an EPCI-project. Hence our customers are able to resolve potential issues with related project activities, purchase processes, etc."

The AIIM integration is capable of handling the information depth of most well-accepted denomination and definition standards, such as NORSOK, IEC, KKS and SSG. It is built on XML and with an adapter concept allowing it to be open for integration with any design system.

"Our experience also shows that our clients can be up and running with the IFS/Engineering Register in as short a time as three months, and with this flexible integration tool we make it easier to also get CAD/design tools fully integrated," Gunnarsson said.

The new integration tool is also made available to users of IFS Applications 7.

About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides ERP solutions that enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.

Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications(TM), now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries in 22 languages.

IFS has more than 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting, service & facilities management; and utilities & telecom. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. For more information, visit http://www.ifsworld.com/.

IFS Applications is a trademark of Industrial and Financial Systems, IFS AB. All other referenced company or product names are trademarks or registered trademarks of their respective owners.

For additional information, contact:

Chuck Rathmann, IFS North America
Phone: 262.317.7419
E-mail: chuck.rathmann@ifsna.com

Kristy Mills, IFS North America
Phone: 262.317.7476
E-mail: kristy.mills@ifsna.com

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