Leading enterprise software provider IFS is set to highlight its cutting-edge industrial artificial intelligence (AI) capabilities for asset management at the World Utilities Congress, beginning May 27 in Abu Dhabi.
Over the three-day event, IFS will demonstrate how its fully integrated Asset Lifecycle Management (ALM) solutions help utility companies modernize aging infrastructure, strengthen operational resilience, and accelerate sustainability initiatives. Central to its showcase is the application of Industrial AI, enabling a shift from reactive maintenance to predictive and prescriptive strategies that reduce downtime, optimize investments, and enhance long-term asset performance.
Founded in 1983 by five Swedish university friends, IFS has evolved into a global leader with more than 7,000 employees across 80 countries. Earlier this year, the company launched IFS Cloud 25R1, its latest release delivering powerful AI-driven tools directly to utility professionals, whether working on-site or from control centers.
This platform addresses the complex challenges faced by energy, water, and infrastructure sectors by integrating asset, workforce, and performance management into a single, efficient solution.
IFS executives will also participate in two key panel discussions during the congress. Vijay Jaswal, CTO for APJMEA, will join the May 28 panel on “The Next Frontier: Revolutionizing Water Infrastructure with Smart Innovation and Collaboration.” Andrew Sutherland, Senior Vice President at IFS, will contribute to the May 29 panel on “Driving Scale and Responsible Growth in Carbon Markets.”
With the Middle East’s increasing focus on renewable energy, smart grids, and digital transformation, utilities face mounting pressure to modernize operations while ensuring reliable service delivery. IFS positions itself at the forefront of this shift by offering smart asset and workforce management solutions that enable data-driven decisions and optimized service outcomes.
“IFS Cloud 25R1 puts industrial AI to work where it matters most — on the grid, in pipelines, and out in the field,” said Jaswal. “Our platform empowers utilities to predict, prevent issues, and perform at unprecedented levels.”
He added, “Middle Eastern utilities must balance rapid infrastructure growth, energy transition goals, and service reliability. IFS supports them with an integrated platform that keeps them competitive, compliant, and aligned with national visions and global energy targets.”
Unlike traditional fragmented systems, IFS’s composable platform unifies Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Field Service Management (FSM), Artificial Intelligence Platforms (AIP), and Industrial AI. This comprehensive approach breaks down silos, enabling utility professionals to make smarter, data-driven decisions that transform asset management and operational efficiency.
