IFS, the global enterprise applications company, announces that Terma, a global manufacturer and provider of military and civil electronics, software, and aerostructures, has chosen to upgrade its ERP platform to IFS Applications 10.

As the Danish defence industry's biggest player and a supplier to the F-35 Joint Strike Fighter, Terma is experiencing rapid growth. Increasing its top line by double digits for four consecutive years, the organisation is delivering a growing number of projects through its 16 units worldwide.

Since 2001, IFS Applications has played a critical role in supporting Terma's complex operations and stringent requirements for project management and traceability. To support its global expansion, the company needed to modernise its enterprise software platform with robust tools delivered through a state-of-the-art, browser-based user experience.

By upgrading to IFS Applications 10, Terma will benefit from powerful functionality in key areas such as project management, CRM, and HR. In addition, the new IFS Aurena user interface will help optimise mission-critical areas such as documentation and traceability by empowering users with intuitive access to the ERP platform on any device, at any time.

"Companies in our industry must comply with very high standards of data management and traceability," Terma vice president of IT Jørgen Eskildsen said. "By upgrading to IFS Applications 10, we are ensuring that we continue to meet these demands and remain in full control of the entire supply chain. Another key consideration for us were the new version's extended capabilities for automating previously labour-intensive business processes. One example is financial management, which is now automatically consolidated across all subsidiaries involved in a project and enables global date change management. These enhancements give us an important competitive edge in terms of optimised project management and process efficiency."

Eskildsen continued, "IFS Applications is ideally suited for project-centric companies with global operations, which is why we are using it as our central system of records. Thanks to the solution's comprehensive set of fully integrated functionality, we are able to deploy robust additional CRM and HR capabilities without any need for complex systems integration. This means that we are able to leverage one central platform using fewer resources."

Elni Kullmer, head of IFS in Scandinavia, added, "We are proud of the continued trust that Terma places in our people and solutions and we look forward to continuing the journey we embarked on together some 17 years ago. IFS Applications 10 is the ideal choice for global, project-driven businesses that are looking to boost value creation through fit-for-purpose capabilities coupled with an intuitive user experience."