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. The global EAM market is expected to grow at a compound annual growth rate (CAGR) of 8.7% to reach $5.5 to reach $5.5
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