IFS invested heavily in both product development and worldwide growth infrastructure for a few years, now with that infrastructure in place, the company’s financial position has improved. This balancing of expenditures to promote global growth and improved cash flow has long been IFS’ mixed blessing conundrum. As the bigger vendors will intensify their mid-market aspirations, IFS continues to increase its marketshare worldwide, particularly in mid-market.
cost containment roi
year, IFS expects continued cost containment rationalization coupled with further, although tamed, growth to result in improved earnings for the rest of 2002. To that end, the product development will be more sharply focused on refining functionality, particularly within specific vertical industry segments that are of strategic interest for IFS and its premium partners. For example, highly focused development efforts are being made in the aviation and defense sectors in collaboration with BAE SYSTEMS-IFS