{"id":176643,"date":"2024-07-11T10:08:13","date_gmt":"2024-07-11T09:08:13","guid":{"rendered":"https:\/\/www.aviationbusinessnews.com\/?p=176643"},"modified":"2024-07-11T10:08:30","modified_gmt":"2024-07-11T09:08:30","slug":"ifs-announces-acquisition-of-empowermx","status":"publish","type":"post","link":"https:\/\/www.aviationbusinessnews.com\/mro\/latest-news-mro\/ifs-announces-acquisition-of-empowermx\/","title":{"rendered":"IFS announces acquisition of EmpowerMX"},"content":{"rendered":"
\n

Cloud and Industrial AI software provider IFS has announced the acquisition of EmpowerMX, an AI-powered aviation maintenance software provider specialising in airframe MRO solutions.<\/p>\n

IFS says the acquisition reinforces its commitment to Industrial AI which for aerospace and defence customers means improving efficiencies, enhancing production control, minimising turnaround times and reducing maintenance costs.<\/p>\n<\/div>\n

The acquisition will deliver more value and Industrial AI innovation to customers at a time when aviation MROs and the airline industry are experiencing multiple challenges that negatively impact profitability and operational efficiency, including supply chain disruption, labour and skills shortages, capacity shortfall, compliance, and ESG reporting.<\/p>\n

EmpowerMX\u2019s customers which include Embraer, MRO Holdings, Delta and American Airlines, will now be able to leverage IFS\u2019s capabilities and global scale to benefit from embedded IFS.ai innovation that enables them to maximise asset availability, deliver best practices, and ensure compliant delivery.<\/p>\n

Scott Helmer, president of IFS\u2019s Aerospace & Defense Business Unit, said: \u201cCombining EmpowerMX with IFS is a perfect opportunity to proactively advance our leadership position in the aviation MRO software space due to the many synergies we have: an aligned technology vision, deep sector expertise and a shared commitment to customer value.<\/p>\n

“Together, we not only expand our reach and foothold into the burgeoning MRO space, but we can also better serve a wider base of global A&D customers with the Industrial AI-fueled MRO innovation that enhances security, safety and efficiency.”<\/p>\n

Helmer added: \u201cEmpowerMX’s world-class and established customer base of leading aviation brands complements our own roster of industry leaders including Southwest Airlines, Air France KLM, Lockheed Martin and BAE Systems.”<\/p>\n

Dinakara Nagalla, founder and chief executive of EmpowerMX, said: \u201cWe are excited to join the IFS team that will enable us to accelerate innovation and extend the value we create for MRO customers.<\/p>\n

“With IFS<\/a>\u2019 global presence, EmpowerMX can help our MRO clients deliver faster turnaround, drive bottom line growth, and leverage the AI capabilities we are infusing into our products.”<\/p>\n

READ MORE NEWS: KAMS to strengthen asset reliability with IFS technology<\/a><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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