IFS Applications selected by Heerema Fabrication Group Heerema Fabrication Group (HFG), which specializes in the engineering and fabrication of large and complex structures for the global offshore oil and gas industry, has selected IFS Applications as its new enterprise applications system. HFG will implement a more agile system for managing construction more efficiently and support further growth as an Engineering, Procurement, Construction, Installation (EPCI) contractor. The total value of the contract is US $6 million. The contract includes a clause allowing HFG to cancel the contract after a pilot phase, which will be carried out in the second quarter of 2007. HFG will use IFS Applications to support project management, procurement, materials management, fabrication, finance, and human resource processes. IFS Applications will be used at the company's three sites in Zwijndrecht and Vlissingen in the Netherlands, and Hartlepool in the UK. “We selected IFS from over 25 enterprise software suppliers because of IFS Applications' superior functionality and IFS' wide experience in our industry, which is very project-oriented. We are confident that IFS Applications will help us manage our core processes, which are project, material and fabrication management. We are confident that the agility in the component-based EPCI solution will support our business to grow further,” said Wim Korndorffer, CIO, Heerema Group. “IFS continues to gain momentum in the oil & gas market because we provide an industry-specific solution that supports contractors' key requirements for efficient EPCI processes with a standard package,” said Wilfried Gschneidinger, Managing Director, IFS Central Europe. “HFG is known in the global oil & gas market for professional and high-quality execution of complex deliveries, and we are proud to add HFG to our customer list.” IFS has a focus on the Construction and Contracting Industries, with more than 300 project-driven customers. Contracting customers within the Oil & Gas segment include Grenland Group, Babcock Engineering Services, Harland and Wolff, ShawCore Inc, Dresser-Rand, Yantai Raffles, Aker Yards, Advanced Production & Loading (APL), Rosenberg Verft, Hamworthy Gas Systems, RR Offshore, Rotary Engineering, and Shedden Uhde. About Heerema Fabrication Group Heerema Fabrication Group (HFG) is headquartered in Zwijndrecht, the Netherlands and offers innovative, cost-effective and high-quality engineering and construction solutions for complex steel structures to the global oil & gas industry through efficient EPCI management capabilities with the highest regard to safety and environmental issues. HFG owns three fabrication yards of which two are situated in the Netherlands (Zwijndrecht and Vlissingen) and one in the United Kingdom (Hartlepool), as well as a multi-disciplined consulting engineering company with offices in the U.S.A. (Metairie and Houston). Heerema Fabrication Group employs over 1,100 people and is part of the Heerema Group of companies. For more information www.heerama.com About IFS and IFS Applications IFS (OMXS: IFS), the global enterprise applications company, provides solutions which enable organizations to respond quickly to market changes—allowing resources to be used in a more agile way to achieve better business performance and competitive advantage. IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered component-based ERP software with IFS Applications, now in its seventh generation. IFS' component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages. IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management and utilities & telecom. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM) and maintenance repair and overhaul (MRO) capabilities. More details can be found at www.IFSWORLD.com IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners. For further information, please contact Wim Korndorffer, CIO, Heerema Group: Mobile: +31 06 1094 68 32 E-mail: wkorndorffer@heerema.com Anne Vandbakk, Global Communication Director, IFS AB: Telephone: +47 66 90 73 00 Mobile: +47 95 20 65 45 E-mail: anne.vandbakk@ifs.no
IFS Applications selected by Heerema Fabrication Group
| Source: Industrial & Financial Systems, IFS AB