ITASCA, Ill. — (BUSINESS WIRE) — April 7, 2011 — IFS North America has signed a partnership agreement with Victoria, BC-based ShipConstructor Software, Inc., creating a single end-to-end application environment to meet the needs of the Canadian Government’s National Shipbuilding Procurement Strategy (NSPS).
ShipConstructor provides an AutoCAD-based CAD/CAM application for the production design of ships and offshore assets, while IFS offers a project-based enterprise resource planning (ERP) system designed to support the entire asset lifecycle including design, fabrication, construction, procurement and aftermarket support, along with a broad array of supporting functions including finance and document management.
ShipConstructor and IFS have a long history of collaboration in the United States National Shipbuilding Research Program (NSRP) and share a number of common customers. ShipConstructor is noted for being the overwhelming choice for naval shipbuilding in their market. The majority of the US Navy’s future fleet is being 3D modelled in ShipConstructor software. IFS can boast that some of world’s most renowned shipbuilders including Damen Shipyards, Austal, Todd Pacific Shipyards and Babcock use their ERP, enterprise suite, IFS Applications. IFS Applications hold a unique position in the market having been recognized by industry analysts as a best-in-class solution for project-based manufacturing and maintenance repair and overhaul, both of which are essential processes for shipyards.
“Shipbuilding is a perfect example of a project-based industry, where engineering, procurement, fabrication, and construction happen simultaneously, not sequentially,” IFS North America President and CEO Cindy Jaudon said. “IFS has led the industry in the creation of Project-Based Solutions (PBS), a new kind of ERP that meets the unique needs of project-based industry. That is why IFS Applications has been implemented by shipyards serving both commercial and government customers. Shipbuilders involved with projects for navies and coast guards in particular are attracted to our ability to offer detailed project accounting and reporting including Earned Value Management (EVM) documentation required by government entities, including those in the United States and Canada.”
“Having long worked together with a number of different shipyard customers, we are looking forward to deepening and formalizing this existing relationship with IFS,” ShipConstructor CEO Darren Larkins said. “From design to fabrication to accounting and finance, through to aftermarket support and maintenance, repair and overhaul, our two companies now offer a complete solution to support the entire lifecycle of marine assets. We do not believe there is as complete an offering available from anyone else.”
Industrial manufacturing, which includes shipbuilding, is one of IFS’s targeted markets. IFS has a broad customer base in the industry, focusing on medium-sized to large companies that need support for complex order-driven and mixed-mode manufacturing and construction across the extended enterprise. With strong support for engineering, project execution and delivery, advanced scheduling and materials management, contract management, and maintenance, repair and overhaul, IFS’s component-based business solutions are designed to help companies improve control over risk, cost, cash, resources and time and improve their competitive position in manufacturing industry segments such as machinery, defense, fabricated metal products, and plastics. Industrial manufacturing companies also benefit from IFS’s lifecycle management solution, which goes beyond product lifecycle management (PLM) to provide better integration and management of three critical business areas—products, customers, and resources—throughout their lifecycles.
IFS Industrial Manufacturing customers include Todd Pacific Shipyards, Austal, Babcock, Holland, Kongskilde, Nolato Group, Bombardier, GEA Pharma Systems, PartnerTech, Völkl, and Johnson Pump.
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. For more information about IFS, please visit: www.IFSWORLD.com .
About ShipConstructor Software Inc. (SSI)
ShipConstructor Software Inc. (SSI) is the creator of ShipConstructor®, one of the world’s leading shipbuilding and offshore CAD/CAM systems. For more information about ShipConstructor, visit www.shipconstructor.com.