Industry News and Press Releases

Manufacturing is being rebuilt at record pace, with more than a trillion dollars committed to new factories, yet the skilled people needed to run them are in increasingly short supply. Deloitte and the Manufacturing Institute project that 2.1 million manufacturing jobs will go unfilled by 2030, at a cost of around a trillion dollars in lost output. Today, UK-listed IntelliAM AI launches the technology built to make scarce expertise go much further: an end-to-end industrial intelligence platform, developed alongside global engineering leader SKF and already used by half of the world's top 12 food and drink manufacturers. In live trials it has delivered a 215% improvement in mean-time-between-failures at a single site of a major European dairy leader over a 12-month period.

Since then, we've operated as "a Siemens company" while continuing to build on more than 25 years of experience helping thousands of organizations reduce costs, improve decision-making, and maximize asset resilience.

Today, we're taking the next step in that journey by officially becoming Siemens Asset Management Software.

At first glance, a second brand change in four years might seem unexpected. But this transition isn't about changing who we are — it's about expanding what's possible for any organization looking to transform their asset maintenance and operations.

As enterprises move beyond AI experimentation, the next challenge is operationalizing AI. How to apply intelligence where work happens, connect insight to action, coordinate execution across teams and systems and do it all with the trust and control required for mission-critical environments. For asset-intensive organizations, that operating model comes to life in the domain of physical asset operations.

IFS, the global leader in Industrial AI, today announced an agreement with Chelsea Football Club, to make Chelsea a trailblazer in the use of AI within their operations, setting a new benchmark and innovative approach for a Premier League football club. This agreement follows on from February’s announcement of the multi-year global partnership between IFS and Chelsea Football Club.