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Industry Summary Articles

Tuesday, February 04, 2025

TotalEnergies chooses IFS for global asset management transformation

IFS, the leading enterprise cloud and Industrial AI software provider, today announces that TotalEnergies, a global integrated energy company that produces and markets energies – oil and biofuels, natural gas and green gases, renewables and electricity, has selected IFS Cloud as the single platform for management and servicing of its global operated asset portfolio.

TotalEnergies has chosen a comprehensive IFS.ai-fueled solution that leverages the power of the composable, scalable IFS Cloud platform, including EAM and Service within a single data model, to meet the challenge of transforming its asset operations management process.

TotalEnergies will be able to maintain all their assets for exploration, production, refining, and chemicals on a single platform, minimizing downtime and maximizing the profitability of assets by reducing the cost of management and extending their lifespan. When fully implemented, over 13,500 users globally will be enabled to perform asset maintenance.

This strategic implementation is the foundation of TotalEnergies’ EAM project which will streamline asset management and service onto a single platform and integrate with TotalEnergies’ future ERP solution.

Mark Moffat, CEO, IFS, added: “We are thrilled to collaborate with one of the world’s leading oil and gas companies on a mission-critical and high impact project to secure their asset performance for the future. I am very proud that TotalEnergies have put their trust in IFS’s deep oil and gas expertise and industry-focused Industrial AI innovation. TotalEnergies will have an agile and future-ready platform that integrates seamlessly with their global operations.”

To view the original press release, please click here.

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