All Shook Up, IFS Unlocks Asset-Based Pricing for Enterprise AI

IFS introduced a pricing model that charges based on operational assets instead of users.

Assets covered include vessels, components, infrastructure or production assets; customers pay for the assets they manage or maintain.

Example: an energy company managing 400 offshore assets would be charged based on those 400 assets, showing asset- versus user-based pricing.

IFS says the model delivers more predictable costs tied to operations and aligns software spend and commercial outcomes with customer success.

The model targets industrial systems of action across verticals (aerospace & defence, energy, utilities & resources, construction & engineering, manufacturing, service industries, telecommunications, life sciences and maritime) and aims to prompt industry rethinking of packaging and pricing.