LONDON: IFS surpasses €1 billion ARR reinforcing the company’s position as the global leader in Industrial AI LONDON, Jan. 23, 2025 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announces its strongest ever financial performance, for the year ending December 31, 2024. Sustained organic global growth fueled by demand for Industrial AI has driven Annual Recurring Revenue (ARR) to exceed €1 billion, with total revenue for the year at €1.228 billion. IFS FY2024 Key Results: