In August, IFS Industrial & Financial Systems, a business applications vendor with main headquarters in Linkoping, Sweden, reported results for Q2 2000. License sales rose by 85% during the first half of 2000, with a total revenue increase of 94% during the second quarter. However, IFS reported yet another loss.
based on items received
acquired a number of US-based system integrating firms that are now providing both sales and implementation support for the IFS Applications ERP suite. The latest in that slew of acquisitions was the purchase of the BBC Group, a San Jose, CA firm that specializes implementing B2B e-commerce solutions. We believe those acquisitions, as well as a strategic alliance with Pivotal Corporation, a Canadian CRM vendor (For more information, see What is IFS Up To in the CRM Arena?! ), should help IFS boost its muc