IFS
Leader in Industrial AI & software for hardcore businesses driving our planet. Industrial AI is IFS.ai
8563 employees · est. 1983 · Linkoping, Sweden
IFS is the older company (1983 vs 2014); IFS is the larger of the two.
Side-by-Side Comparison
| Metric | IFS | V5 Systems |
|---|---|---|
| Founded | ||
| Founded | 1983 older | 2014 |
| Headquarters | ||
| Headquarters | Linkoping, Sweden | Fremont, United States |
| Employees | ||
| Employees | 8563 larger | 31 |
| Industry | ||
| Industry | AI, Enterprise, Enterprise Software | Hardware, IoT, Privacy and Security |
| Funding Stage | ||
| Funding Stage | Post IPO | Series A |
| Total Funding | ||
| Total Funding | $3.00B | $19.10M |
| Funding Rounds | ||
| Funding Rounds | 3 | 2 |
| Services | ||
| Services | AI-Powered Software Solutions, Industry-Specific Intelligence, Asset Lifecycle Management, Workforce Optimization, Operational Reliability | Not tracked yet |
| Target Customers | ||
| Target Customers | Commercial Aviation Firms, Defence Integrators, Construction & Engineering Contractors, Power Generation Companies, Oil & Gas Sector, Manufacturers, Telecom Operators, Service Providers | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Industrial AI, Enterprise Software, Manufacturing Technology, Service Management, AI-powered Platforms, Composable Technology, Real-time Analytics, ERP Solutions, EAM Solutions, SCM Solutions, ITSM Solutions, FSM Solutions, Productivity Enhancement | Edge Computing, Outdoor Security, Industrial IoT, IoT Technology, Surveillance Technology, Smart City Solutions, Power Management, Technology Innovation |
| Website | ||
| Website | ifs.com | v5systems.us |
About IFS
IFS, founded in 1983, stands out as a preeminent player in the realm of Industrial AI and enterprise software. With its headquarters in Sweden, the company is dedicated to empowering hardcore businesses that are integral to manufacturing, servicing, and powering the planet. Their core offering, IFS...
About V5 Systems
V5 Systems, founded in 2014 in the United States, is an award-winning technology company specializing in outdoor edge computing. The company's slogan "Be There" reflects its mission to create a safer and smarter world through innovative technology. V5 Systems has successfully developed the world’s f...
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Funding, hiring, leadership and stack changes at IFS and V5 Systems — by email.
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Compiled from the BounceWatch company index. We last looked at IFS on 1 Apr 2026, and V5 Systems on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.