Despite intensifying competition in the enterprise applications market, IFS likes its chances. IFS has released the seventh generation of its component-based applications, while competitors are still on their first, or second at best. Nevertheless, IFS has a tough road ahead.
highly profitable (with a 61 percent margin) maintenance and support revenues. Overall, IFS is now financially stable and viable, has made the right organizational changes, is fairly impervious from (unwanted) acquisitions (almost 40 percent of the shareholder votes are held by a small, tightly knit, and proud group, comprised of Gustaf Douglas, a Swedish entrepreneur, as well as the founders and management), and has a componentized, future-proof Web services-based technology and pragmatic product