IFS to Showcase Industrial AI for Asset Management Transformation at World Utilities Congress 2025
A key highlight will be IFS's application of Industrial AI in transforming Asset Management. By shifting from reactive maintenance strategies to predictive and prescriptive approaches, IFS's solutions allow utility companies to proactively manage their assets, reduce downtime, optimize investments and boost long-term performance.
Earlier this year, IFS launched its latest release, IFS Cloud 25R1, which brings powerful AI capabilities directly to utility professionals, whether in the field or in the control centre. This platform is engineered to address the modern challenges faced by energy, water, and infrastructure organizations, helping them manage assets, people, and performance with unprecedented efficiency.
Vijay Jaswal, CTO, APJMEA at IFS said, 'With IFS Cloud 25R1, we are putting industrial AI to work in the places it matters most: on the grid, in the pipeline, and out in the field. This release empowers utilities to predict, prevent, and perform at a level never before possible. Additionally, utility organisations across the Middle East are facing immense pressure to balance rapid infrastructure expansion, energy transition goals, and service reliability. IFS is committed to supporting these organisations with an integrated platform that ensures they remain competitive, compliant, and aligned with both national visions and global energy targets.'
Unlike traditional, fragmented point solutions, IFS unifies critical functions such as Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Field Service Management (FSM), Artificial Intelligence Platforms (AIP), and Industrial AI into a single composable platform. This approach removes silos and empowers utility professionals to make smarter, data-driven decisions.
With the region's push towards renewable energy, smart grids, and digital transformation, utilities in the Middle East are under increasing pressure to modernise their operations while ensuring service reliability. IFS is at the forefront of this transition, offering solutions that enable smart asset and workforce management, optimised service delivery, and data-driven decision-making.
IFS will also be actively participating in two key panel discussions during the World Utilities Congress. Vijay Jaswal, CTO, APJMEA at IFS will participate in 'The Next Frontier: Revolutionizing Water Infrastructure with Smart Innovation and Collaboration' panel on 28 May, and Andrew Sutherland, Senior Vice President at IFS, will join the 'Driving Scale and Responsible Growth in Carbon Markets' panel on May 29.
Senior IFS executives will be at the event to take visitors though the company's offerings at Booth 6140.
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NexFactory has been recognised as one of the "Top 100 Industrial APPs" by the Ministry of Industry and Information Technology of the People's Republic of China (MIIT), selected for the Hong Kong Cyberport Incubation Program, and invested by TusStar and SF Capital. Hashtag: #Cyberport The issuer is solely responsible for the content of this announcement. About Hong Kong Cyberport Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong's digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies' founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets. 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Also as Hong Kong's key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level. For more information, please visit Cyberport
