IFS acquires Falkonry to offer AI-based enterprise asset management services
CIO Business Intelligence
AUGUST 31, 2023
Enterprise resource planning (ERP) software vendor IFS has agreed to acquire Falkonry, the developer of an AI-based time-series data analytics tool, to boost its enterprise asset management (EAM) services portfolio. to reach $5.5 billion by 2026, from $3.3 billion in 2020, according to research from MarketsandMarkets.
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