The Sweden-based ERP Vendor also said this week that year-to-date software revenue was about $413 million, up 26. Percent over last year’s corresponding period. The company does not report earnings or total revenue. IFS said cloud revenue rose 104-percent for the nine months but did not disclose cloud revenue. All figures are translated from Swedish Krona, which were reported in constant currency. The company noted cloud results include IFS Cloud, a unified platform of its applications, which was introduced last year. The company recently rolled out IFS Cloud 2.0
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IFS RECURRING REVS UP 42 PERCENT Featured
IFS has reported annual recurring revenue reached about $385 million for the nine months ended September 30.
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