AI & Enterprise
IFS ends user-based pricing, shifts to operational asset-based model
Enterprise software company IFS has scrapped user-based licensing and introduced a pricing model that charges customers based on the number of operational assets they manage. The model calculates software costs using assets such as marine vessels, parts, infrastructure and production equipment. Chief Executive Mark Moffat said customers should not have to choose between controlling software costs and automating operations, adding that the firm charges for work rather than users.
