IFS Reports 30% ARR Growth and Advances in Industrial AI

IFS has announced a 30% increase in Annual Recurring Revenue for H1 2025, driven by its Industrial AI solutions and strategic acquisitions, according to a press release.

IFS has announced a 30% increase in Annual Recurring Revenue (ARR) for the first half of 2025, announced in a press release. The company attributes this growth to its innovative Industrial AI solutions and strategic acquisitions, including the purchase of TheLoops.

IFS's cloud revenue also saw a significant rise of 37% year-over-year, with recurring revenue now making up 82% of the total revenue. The company has successfully attracted 130 leading industrial brands, such as Arcelor Mittal and Japan Airlines, to its platform.

In addition to organic growth, IFS has launched Nexus Black, an AI innovation accelerator, which is delivering scalable solutions for complex industries. This initiative, along with the acquisition of TheLoops, marks a new era for enterprise software, enabling self-learning AI agents to operate in real-time environments.

The company's CEO, Mark Moffat, emphasized the connection between IFS's performance and its AI innovations, highlighting the demand for AI solutions that solve real-world problems at scale.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish. For example, in the Daily AI Brief you can read the most up to date AI news round-up 6 days per week.

Also, consider following us on social media:

AI Brief
AI Brief (X)

Subscribe to Industrial AI Weekly

The latest advancements in smart manufacturing, predictive maintenance, AI-driven quality control, supply chain & more.

AI Token Webinar

Market report

AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation

ModelOp

The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.

Read more

You May Also Like