Over 340 new features and optimisations are provided in the release, which enables customers to digitise faster and focuses primarily on end-to-end process automation and advanced analytics capabilities for every part of an enterprise.
IFS Cloud not only helps companies reduce time, effort and resources by transforming workflows and making them more efficient and automated, but also improves their quality.
New automation features include:
- New cash planning analysis model enabling customers to improve cash management, reduce risk, and better plan for unforeseen scenarios for projects and companies.
- Streamlined Manufacturing Execution System (MES) to improve production quality control and performance, helping to drive fast decision-making and identify patterns.
- Simplified expense submission and reporting process, for Human Capital Management (HMC), improving the quality and accuracy of receipt types.
- Enhanced request management for ordering, delivery, and pick-up of non-stocked consumables to reduce costs.
- Improved accuracy for work estimates and technical productivity through AI and historical data-driven work schedules and job completion times.
- Save time through Independent Maintenance, Repair and Overhaul (MROs) businesses to quickly and easily bulk upload hundreds of maintenance requirements.
- Drive increased accuracy and reduce error for mobile workers to take lidar-based measurements on mobile devices easily.
The October release of IFS Cloud, like the Spring release, will offer the new architecture, ease of use, and automated management and deployment to continue to optimise Advance Analytics experiences and capabilities.
The enhanced capabilities will enable customers to more quickly identify key challenges across the enterprise, work more efficiently and increase productivity. Smarter analytics provide faster insight and optimised predictive capabilities to shape more accurate planning and reduce outages.
IFS Cloud's current features include:
- In-memory analytics engine replacing the old Cubes version and significantly increasing performance.
- In-memory capability that facilitates more granular data for better drill down
- Automation of the setup and deployment process that reduces the technical skills needed by businesses and the number of people needed on projects
- Third-party plug-ins that add capabilities like process mining, forecasting etc.
- Embed functional analytics models into the business, including CRM, human capital management, enterprise asset management, projects, procurement, sales, finance, and maintenance
Various business intelligence (BI) functions are included in the October release for accurate and rapid decision-making.
For more information about the October 2022 22R2 release of IFS Cloud, read here: https://www.ifs.com/assets/cloud/what-is-new-in-ifs-cloud-22r2
Read the brochure here to learn more about the topic.