IFS reported 25% year-on-year Annual Recurring Revenue (ARR) growth and 24% year-on-year Cloud Revenue growth in H1 2026, with a Recurring Revenue Mix of 84% of total revenue, according to a July 28, 2026 announcement from London, England. The results reflect increased adoption of industry-specific AI use cases across manufacturing, asset maintenance, supply chain, field service, and warehouse operations. IFS expanded its Industrial AI capabilities during H1 2026, including IFS Nexus Black's Resolve, IFS Zero, and the IFS Loops Agentic Platform, which enables 60% of agentic transactions fully automated. Leading industrial organizations including Coca-Cola, China Airlines, Drydocks World, First Solar, Flynn Canada, JVCKENWOOD, Kodiak Gas Services, Miele, ShinMaywa Industries, The Waldinger Corporation, and William Grant & Sons selected IFS in H1 2026. The March 2026 acquisition of Softeon enhanced IFS's warehouse management and supply chain execution proposition. Strategic partnerships with Siemens, AVEVA, and NEC, as well as collaborations with frontier AI providers, specialist partners, MIT CISR, and systems integrators, are building an interconnected Industrial AI ecosystem. CEO Mark Moffat stated that customers are scaling AI across operations and expanding their use of IFS solutions as measurable business value is returned.