IFS has announced the appointment of Kevin Price as global head of its Enterprise Asset Management. It is a significant appointment as it sees Price join from Hexagon. Which he joined after the industry leader joined following the acquisition of Infor’s Enterprise Asset Management solution.
At Infor, Price was Product Director for the Infor EAM solution portfolio. He became the product evangelist and global strategist for the Infor EAM. Enterprise Times has spoken to him on several occasions.
The appointment, and specifically the ability to lure Price to the company, is an indication of the strength of the IFS asset management pedigree. IFS provides software for asset-centric businesses and is winning deals against SAP, IBM Maximo and Hexagon. The company has been seen as a leader in the IBM Magic quadrant. It is now the number one vendor for EAM market share, according to Gartner.
Max Roberts, IFS Chief Operating Officer, commented, “Our long-term aspiration and ambition is to continue setting the benchmark and dominating in the asset domain. We are at a very exciting stage in our growth trajectory and as we look to solidify and expand upon this, Kevin’s unique depth of knowledge and proven track record of success will be invaluable. Asset-intensive customers continue to move to IFS because our total customer focus and industry depth mean we provide compelling use cases that are fast, easy to implement and deliver value quickly.”
Kevin Price joins the EAM leader
Price is well known and a recognised industry voice in the EAM industry. He was Head of Pre-Sales at Hexagon Asset Lifecycle Intelligence, where he was responsible for product and market strategy. His experience at Infor will also be valuable. With the IFS Cloud providing synergy between its EAM, ERP and other solutions.
Kevin Price, Global Head of Enterprise Asset Management at IFS, commented, “I have seen the evolution of EAM technology from monolithic applications to a composable service, which is a real strength and point of differentiation for IFS. Now, with AI embedded across our solutions, IFS is uniquely able to provide customers who have complex asset management requirements with a competitive “technology leapfrog”. I am looking forward to working with Mark Moffat, Max Roberts and the wider IFS team to strengthen our EAM proposition and further extend our leadership position by helping customers deliver when it really matters, at the Moment of Service.”
Enterprise Times: What does this mean
It is a huge appointment for IFS. One that could make a significant difference in its Asset Management status in the future. It will also be interesting to see whether Price has a remit across Ultimo, the Dutch-based Enterprise Asset Management company it acquired in 2022.
Price is a consummate speaker and very knowledgeable about the industry. He will have watched IFS for several years and seen its growth journey. It will be interesting to see how he helps accelerate the growth of the division. And what strategy he steers the EAM division in.
