IFS Cloud Platform vs Oracle Enterprise Asset Management comparison

IFS and Oracle are both solutions in the Enterprise Asset Management (EAM) category. IFS is ranked #2 with an average rating of 8.0, while Oracle is ranked #4. IFS holds a 8.9% mindshare in EAM, compared to Oracle’s 9.3% mindshare. Additionally, 87% of IFS users are willing to recommend the solution.

IFS Cloud Platform

Read 31 IFS Cloud Platform reviews

4,435 Views
444 Comparison Views

87% willing to recommend

Oracle Enterprise Asset Man...

Read 1 Oracle Enterprise Asset Management review

455 Views
423 Comparison Views

0% willing to recommend

IFS Cloud Platform

Oracle Enterprise Asset Man...

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Executive Summary

We performed a comparison between IFS Cloud Platform and Oracle Enterprise Asset Management based on real PeerSpot user reviews.

Find out what your peers are saying about IBM, IFS, Infor and others in Enterprise Asset Management (EAM).

To learn more, read our detailed Enterprise Asset Management (EAM) Report (Updated: August 2025).

Buyer's Guide

Enterprise Asset Management (EAM)

August 2025

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Helped 867,497 peers since 2012

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

IFS Cloud Platform

Ranking in Enterprise Asset Management (EAM)

2nd

Average Rating

7.8

Reviews Sentiment

6.7

Number of Reviews

Ranking in other categories

CRM (20th), Customer Experience Management (6th), Field Service Management (1st), Help Desk Software (12th), ERP (12th), Activity Based Costing Software (7th), Local Government CRM (9th), IT Asset Management (10th), IT Service Management (ITSM) (11th), License Management (2nd)

Oracle Enterprise Asset Man...

Ranking in Enterprise Asset Management (EAM)

4th

Average Rating

5.0

Reviews Sentiment

5.5

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of September 2025, in the Enterprise Asset Management (EAM) category, the mindshare of IFS Cloud Platform is 8.9%, up from 8.9% compared to the previous year. The mindshare of Oracle Enterprise Asset Management is 9.3%, down from 10.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Enterprise Asset Management (EAM) Market Share Distribution
Product	Market Share (%)
IFS Cloud Platform	8.9%
Oracle Enterprise Asset Management	9.3%
Other	81.8%

Enterprise Asset Management (EAM)

Featured Reviews

Thangaraj Ramasamy

Consultant at Arcwide

Has supported project management and business customization through strong modular flexibility

The cloud feature in IFS Cloud Platform is predominantly valuable, especially the enterprise asset management module, which IFS has very good business into, along with strong finance, project management, and supply chain management modules; these are the major modules that are performing well with IFS, and the cloud options along with user-friendly customizations for any technical developments are additional advantages. The integration of IoT with IFS Cloud Platform is performing well, enabling us to integrate with predominantly any third party through the standard inbuilt connectors that are readily available, and if we need to customize the integration, we can certainly do that too.

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Nadun Gamage

Controller Software Applications support at SAUDI CEMENT

The product is not user-friendly, and it is very expensive, though it is highly stable

I rate the ease of initial setup a five out of ten. It's not so difficult to set up and configure the product, but it is not entirely easy. We need a set of experienced people to deploy the solution. However, people with experience in Oracle are not difficult to find.

Read full review

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"All the modules are valuable in their own right, but everything has to go through the ERP. IFS has done an excellent job integrating the various modules to complete these processes. My expertise is in the finance module, but I have used the other verticals. It's an all-around good product."

"Some of the strengths are Enterprise Management Solutions and the series of Management solutions which is number one in Gartner's report and has been for the last five years."

"Having a young talented programmer, during the six years of use, we were able to save around 75 000 EUR preparing simple modifications using customization rather than ordering them in IFS / Partner."

"IFS Applications' best feature is the user-friendly interface that has a .NET Framework application in the front end and an Oracle database and WebLogic middleware."

"Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be used for various use cases with thousands of users."

"The platform is reliable and stable."

"The solution overall is very versatile and flexible, especially compared to other products."

"There tends not to be a massive weakness in the product itself, as weaknesses can quickly be resolved in the next patch or the next release."

More IFS Cloud Platform pros

"The whole product is important and valuable to us."

Cons

"Ability to place approval check-points in the custom workflow, so clients can decide what they want it."

"The next version has already been released, and some of the technical things are a little bit behind the curve in development. This is specifically security, maintenance, security role maintenance, and creation. This is in their new product, called IFS Cloud."

"IFS Applications is not robust enough to handle high-volume transactions, so it's not suitable for larger enterprises."

"We have upgraded to the latest version right now. We have issues with the quality. We tried to enroll in their Evergreen program which was meant to help us adopt any service update or anything that the tool’s providers come up with."

"The support provided by IFS Applications has room for improvement. I'm based in Poland, and when my company had an issue, finding people from IFS to give my company the support it needed was difficult."

"Documentation-wise, they need more."

"The integration is a bit complex, and post-implementation support services need to be improved. They have a service center based out of Sri Lanka. The support aspect is good, but the response time is a little slower than we anticipated. In the next release, it would be better if Warehouse Management could be improvised. They have a product line that's a data warehouse management system, but it's still premature and requires a bit of enhancement."

"I have seen that one of the areas that my company has identified for improvement might be the rental management capabilities within the solution."

More IFS Cloud Platform cons

"The product is not user-friendly."

Pricing and Cost Advice

"We pay for a license to use the solution, which is not very expensive."

"Licensing is on an annual basis, with no additional costs."

"The pricing of the solution may appear to be expensive for smaller companies with only tens of users; however, for larger and mid-size industrial companies, IFS is able to win deals and the pricing is competitive in the market."

"Pricing is an area that could be improved. They could be more competitive."

"I consider it to be a well-priced solution compared to other mid-range or high-end ERP solutions."

"The product is reasonably priced."

"There are varying license levels that you can purchase."

"Compared to SAP, the pricing for IFS Applications was very affordable. People using the solution would find that it's worth the money."

More IFS Cloud Platform pricing and cost advice

"The tool is very expensive."

See which vendors are best for you

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Top Industries

By visitors reading reviews

Computer Software Company

19%

Manufacturing Company

11%

Energy/Utilities Company

Comms Service Provider

Manufacturing Company

12%

Government

10%

Computer Software Company

10%

Energy/Utilities Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	14
Midsize Enterprise	9
Large Enterprise	10

No data available

Questions from the Community

What do you like most about IFS Applications?

Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be used for various use cases with thousands of users.

See all answers

What is your experience regarding pricing and costs for IFS Applications?

The product is reasonably priced. The costs are justified by the value provided, considering the comprehensive features and minimal need for customization. I rate the pricing a seven out of ten.

See all answers

What needs improvement with IFS Applications?

I am not able to recall much about batch. Documentation-wise, they need more. There is not much available online, and the documentation availability is on the lower side compared to other products,...

See all answers

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Comparisons

SAP ERP vs IFS Cloud Platform

Compared 15% of the time

IBM Maximo vs IFS Cloud Platform

Compared 8% of the time

Microsoft Dynamics 365 Business Central vs IFS Cloud Platform

Compared 7% of the time

Oracle E-Business Suite vs IFS Cloud Platform

Compared 7% of the time

SAP S/4HANA vs IFS Cloud Platform

Compared 6% of the time

More IFS Cloud Platform Competitors

IBM Maximo vs Oracle Enterprise Asset Management

Compared 60% of the time

Infor CloudSuite vs Oracle Enterprise Asset Management

Compared 16% of the time

Fulcrum Technologies CATS vs Oracle Enterprise Asset Management

Compared 14% of the time

JD Edwards EnterpriseOne Asset Lifecycle Management vs Oracle Enterprise Asset Management

Compared 11% of the time

More Oracle Enterprise Asset Management Competitors

Product Reports

Buyer's Guide

IFS Cloud Platform

September 2025

Download IFS Cloud Platform product report

Buyer's Guide

Enterprise Asset Management (EAM)

August 2025

Oracle Enterprise Asset Management report

Download Oracle Enterprise Asset Management product report

Also Known As

IFS Applications, Assyst, IFS Cloud

No data available

Overview

IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. Industrial AI is IFS.ai.

IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.

IFS

Oracle Enterprise Asset Management provides comprehensive planning, tracking and execution to support optimal asset monitoring and performance. Its condition-based maintenance strategies for plants, property and public infrastructure along with an integrated asset repository ensures best practices and quality compliance globally.

Oracle Enterprise Asset Management (eAM) eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, and improves coordination of production and maintenance schedules.

Oracle

Sample Customers

China Airlines, Electrolux Group, Babcock, Cimcorp, Sky, Multiplex, Veolia.

averda, Eaton Corp., Hover Automotive India Pvt. Ltd., Kalpataru Ltd, SITA, United Automotive Electronic Systems Co. Ltd., Yarra Valley Water, KEC International Ltd., eVerge Group, Cerner Corp., Standard Life, Company RS a.d. Banja Luka (Telekomunikacije RS a.d., Banja Luka Telecommunications

Buyer's Guide

Enterprise Asset Management (EAM)

August 2025

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Find out what your peers are saying about IBM, IFS, Infor and others in Enterprise Asset Management (EAM). Updated: August 2025.

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