London, United Kingdom, December 11, 2025 - IFS, the leading provider of Industrial AI software, today announced that Tekniska verken, a Swedish municipally owned energy and utilities group, has selected IFS Cloud™ to support its mission of delivering essential services in a sustainable, innovative, and integrated way.

Serving households and businesses with essentials such as heat, energy, water, waste management, fiber and biogas, Tekniska verken is embarking on a major digital transformation to unify operations and strengthen service delivery even further. With IFS Cloud, the company will replace several legacy systems with one single, connected and composable platform powered by Industrial AI. The solution will give Tekniska verken a real-time view across its entire value chain - from power generation, distribution and water treatment to field service and customer (engagement) interactions. This will increase efficiency regarding planning, decision-making and coordination between business units.

By integrating ERP, EAM, FSM, and AIP, IFS Cloud enables Tekniska verken to optimize maintenance, safeguard project planning and execution, improve asset reliability, and efficiently allocate field resources - connecting day-to-day operations with long-term investment strategy. By adding IFS Copperleaf, Tekniska verken gains an AI-powered decision layer that prioritizes and balances energy investments across the complete portfolio of investments across networks and generation including waste-to-energy, biofuel, solar, wind, and hydropower This is ensuring that every project advances according to business goals for long-term resilience, sustainability, and strategic value.

Conny Udd, CEO of Tekniska verken, commented: "The energy sector is evolving rapidly, and we must ensure that we're equipped to meet the future with the right tools. The new business system provides a shared foundation for planning, execution, and follow-up, helping us work in greater coordination. This marks an important step in further strengthening our service and achieving our long-term vision of offering the industry's most competitive products and services."

"Tekniska verken is a long-standing and valued customer of IFS, having partnered with us since 1988 and based in our home city of Linköping," said Ann-Kristin Sander, Managing Director, Nordics, IFS. "We are proud to continue supporting their transformation journey. With IFS Cloud and Industrial AI, Tekniska verken will gain a single platform that simplifies operations, drives transparency, and enables smarter, more sustainable decision-making. It's a great example of how Swedish energy leaders are using IFS to future-proof their business and accelerate the green transition."

The implementation of IFS Cloud supports Tekniska verken's broader transformation into a process-oriented organization that combines operational excellence with environmental responsibility. The platform will unify core business functions such as finance, HR, and procurement with advanced asset and field service management, helping the company strengthen efficiency, reliability, and customer engagement.