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Industry Summary Articles

Monday, September 16, 2024

IFS Cloud selected by engineering leader Moreld Apply to drive strategic expansion

IFS, the leading technology provider of enterprise cloud and industrial AI software, announces that Moreld Apply, a multi-discipline engineering company specializing in the oil and gas sector, has chosen to upgrade to IFS Cloud. This strategic move is designed to support Moreld Apply's ongoing growth and expansion into new market segments, including front-end and green solutions for energy operators, with the objective of minimizing their environmental footprint.

Moreld Apply has been an IFS client since 2009, utilizing the software to facilitate a diverse array of business operations. Upgrading to the latest version of IFS Cloud will enable the company to enhance its project planning, control, and forecasting capabilities, which are essential for competing effectively in the highly competitive energy market.

The composable nature of IFS Cloud will ensure that Moreld Apply remains fully up to date with the latest version of the platform, allowing seamless integration of new functionality and emerging technologies, including embedded AI and advanced automation capabilities, to further enhance agility in the future.

Bjarte Haugland, Area Head IM&IT at Moreld Apply, commented: "Our long-standing relationship with IFS is founded on trust and mutual success, and we are committed to continuing this partnership in the future."

In line with its commitment to sustainability, IFS Cloud has equipped Moreld Apply with the requisite functionality to facilitate its strategic growth ambitions within new industry segments and clean energy markets. The platform will provide Moreld Apply with robust reporting tools to track, measure and ultimately provide data-driven insights to help achieve their ESG targets, while also offering a more modern, user-friendly mobile interface.

IFS Cloud for Moreld Apply includes modules for finance, HR, supply chain, resource management, document management, asset design and project management, with the implementation initially being rolled out to 1,600 users across Norway and Poland.

Ann-Kristin Sander, Managing Director Nordics at IFS, said: "Moreld Apply’s decision to transition to IFS Cloud underlines the company’s commitment to leveraging cutting-edge technology to drive efficiency and support their ambitious growth plans. This strategic upgrade will ensure they remain competitive and agile in a rapidly evolving industry landscape. We are excited to continue our partnership and support them on this exciting journey."

To view the original press release, please click here.

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