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 #3 with an average rating of 7.6, while Oracle is ranked #4 with an average rating of 5.0. IFS holds a 9.7% mindshare in EAM, compared to Oracle’s 10.9% mindshare. Additionally, 87% of IFS users are willing to recommend the solution.

IFS Cloud Platform

Read 30 IFS Cloud Platform reviews

414 Views
268 Comparison Views

87% willing to recommend

Oracle Enterprise Asset Man...

Read 1 Oracle Enterprise Asset Management review

420 Views
346 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, Infor, IFS and others in Enterprise Asset Management (EAM).

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

Buyer's Guide

Enterprise Asset Management (EAM)

March 2025

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Helped 842,672 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)

3rd

Average Rating

7.8

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

CRM (22nd), Customer Experience Management (7th), Field Service Management (2nd), Help Desk Software (12th), ERP (14th), Activity Based Costing Software (7th), Local Government CRM (6th), IT Asset Management (10th), IT Service Management (ITSM) (11th), License Management (3rd)

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 March 2025, in the Enterprise Asset Management (EAM) category, the mindshare of IFS Cloud Platform is 9.7%, up from 8.1% compared to the previous year. The mindshare of Oracle Enterprise Asset Management is 10.9%, down from 11.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Enterprise Asset Management (EAM)

Featured Reviews

Brendan Fisher

IFS Applications Consultant at Zest Business Process Management Ltd

Robust, customizable, and modern

IFS is a very large and complex software, and implementation of IFS can be challenging and may lead to a difficult lengthy project. It can take between 12 and 24 months in some cases to deploy. I have found that not all clients are fully aware of how big the task is that they're undertaking when they make a decision to move to software like this. Companies need to be more aware of the complexity of an ERP implementation project and while I fully recommend moving to IFS, it is not easy and does require business change when adopting an ERP solution. New features are a difficult ask - I work across multiple industries and everyone would probably choose a different feature. Maybe BIM in Construction or Customs link-ups for importers/exporters.

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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

"Feature-wise, I like the way it provides inventory details...It is a stable solution."

"The most valuable feature is the distribution module."

"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."

"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."

"There are fewer fields on the user screen compared to other products. This makes the UI a little bit easier to understand."

"Individual user profiles that can be configured as templates to minimize data entry."

"The best feature is the maintenance module, which is essentially an industry-specific workflow designed with a manufacturing module as per industry standards. It's very precise and specific without having complex functionalities. It's straightforward. Field Service Management is definitely a wonderful product that IFS has developed because it caters to field services. The energy and utility sectors can answer their business needs using the software."

"The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users."

More IFS Cloud Platform pros

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

Cons

"The CRM was shaky and although this improves in Apps 10, there is room for improvement."

"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."

"Aspects of HR and payroll could be better."

"I'm a business analyst, so I do a lot of customer-facing work. I take calls from businesses I have to troubleshoot. One thing that bugs me is the error messages you get from IFS. If I get an error message, I have to dig to find the cause because, often, the error message doesn't precisely describe the problem. It'll hint about where the problem lies, but you have to work to find the root cause. It doesn't help in my situation. You expect an error message to point to the field or what is causing the issue."

"Technical support could be improved."

"Customization needs to be improved."

"An area for improvement would be transactions, which can be tedious to complete as the process is very complex."

More IFS Cloud Platform cons

"The product is not user-friendly."

Pricing and Cost Advice

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

"IFS Applications is expensive software, but it's on par with SAP and Oracle. It's for large enterprises and government entities and not for small and medium-sized enterprises. They have one licensing model, but if you want to have a module-specific license, they provide component-based licenses. Unlike SAP and Oracle, it doesn't have different levels of licensing. It's one level of licensing."

"There's an additional yearly cost for support."

"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."

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

"IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."

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

More IFS Cloud Platform pricing and cost advice

"The tool is very expensive."

See which vendors are best for you

Use our free recommendation engine to learn which Enterprise Asset Management (EAM) solutions are best for your needs.

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842,672 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Computer Software Company

19%

Manufacturing Company

10%

Energy/Utilities Company

Government

Energy/Utilities Company

19%

Computer Software Company

13%

Manufacturing Company

12%

Government

10%

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

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

What do you like most about Oracle Enterprise Asset Management?

The whole product is important and valuable to us.

See all answers

What is your experience regarding pricing and costs for Oracle Enterprise Asset Management?

The tool is very expensive. The solution increases the cost by eight percent every year. I rate the pricing a ten out of ten.

See all answers

What needs improvement with Oracle Enterprise Asset Management?

The product needs to improve the features related to finance, supply chain, and HR administration. The UI must be improved. The product is not user-friendly. It is not browser-based. The user exper...

See all answers

Comparisons

SAP ERP vs IFS Cloud Platform

Compared 21% of the time

IBM Maximo vs IFS Cloud Platform

Compared 12% of the time

Microsoft Dynamics 365 Business Central vs IFS Cloud Platform

Compared 12% of the time

SAP S/4HANA vs IFS Cloud Platform

Compared 11% of the time

ServiceNow vs IFS Cloud Platform

Compared 7% of the time

More IFS Cloud Platform Competitors

IBM Maximo vs Oracle Enterprise Asset Management

Compared 100% of the time

More Oracle Enterprise Asset Management Competitors

Product Reports

Buyer's Guide

IFS Cloud Platform

March 2025

Download IFS Cloud Platform product report

Buyer's Guide

Enterprise Asset Management (EAM)

March 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)

March 2025

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

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