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IFS, a leading technology provider specialising in enterprise cloud and industrial AI software, has been recognised as the fastest-growing vendor among the top ten companies in the IDC Worldwide Asset Life-Cycle Management (ALM) Applications Market Shares 2023 report. According to the report, which examines the asset management sector formerly known as enterprise asset management (EAM), IFS achieved an impressive 23.1% growth rate in 2023, with revenues hitting $272 million. This remarkable performance not only places IFS as the fourth-largest ALM vendor globally but also highlights its substantial contribution to shaping the ALM market. In contrast, the global ALM market grew…