IFS recently acquired EmpowerMX, an AI-powered MRO software provider, as part of our plans to accelerate AI capability. The acquisition reinforces IFS’s commitment to industrial AI and underpins the importance of industry-specific capabilities that enable customers to rapidly derive value and improve the way they serve their customers at the moment of service. For aerospace and defense customers, this translates to improving efficiencies, enhancing production control, minimizing turn-around times, and reducing maintenance costs.

Together, EmpowerMX and IFS will provide aerospace & defense customers with the most comprehensive and capable maintenance management system that can support multiple users in multiple roles, as well as provide well-documented, paperless governance in the form of electronic task cards and logbooks.

Last year IFS also signed an agreement to acquire industrial AI software provider Falkrony, which focuses on automated, high-speed data analysis.