IFS acquires Clevest for undisclosed amount

Swedish enterprise software company IFS announced this week that it has completed the acquisition of Vancouver, Canada-based Clevest Solutions Inc., a provider of mobile workforce management and advanced network deployment solutions for utilities.

IFS said the acquisition extends its leadership in service management solutions as it intensifies its focus on driving service experience. Clevest is an ideal addition to IFS with its proven utilities domain expertise, market-leading capabilities and impressive international blue-chip client bases, it said.

The “Ëœmoment of service’ is the point at which customers experience the quality of the company they are dealing with. Although relevant across all industries, IFS believes that this customer experience is critical for utilities as they more toward digitalization of their core processes and evolve their business models to focus on customer service

Clevest has a proven record in enabling energy and water utility companies to transform not only in the way they differentiate through service, but also in how they achieve greater uptime and improve worker and community safety.

“Clevest demonstrates a clear commitment to delivering value for its customers in a key industry vertical for us,” commented IFS CEO, Darren Roos. He elaborated, “Clevest is already leveraging technology that brings unique business value to its customers, including Smart Metering, Smart Networks, Mobile Workforce Management and additional capabilities around optimization of scheduling dispatch – all with the ability to digitize core processes across the use cases that matter most to utilities. I am confident it will add value to what we already do for our customers in this space.”

Thomas Ligocki, CEO and Founder of Clevest noted, “To accelerate the global growth of the company I founded almost 15 years ago, I found in IFS the perfect strategic partner. By bringing together these two companies we will undoubtedly be able to offer the best Field Service Management, Mobile Workforce Management and Advanced Network Deployment solutions on the market. It also brings new opportunities and clear benefits to Clevest partners and customers as they seek new ways to scale globally.” 

With the acquisition of Clevest, IFS will further expand its global footprint beyond its more than 10,000 customers worldwide, of which 8,000 are in service management; and IFS will also establish one of the most competitive service management offerings for the energy & utilities sector.

Carol Johnston, VP of Product Marketing at Clevest, will be speaking in a session next week during DISTRIBUTECH Plus November virtual event, which is focused on resiliency. Her session is called, Rolling with the Punches: Workforce Resiliency in the Face of Disasters and Pandemics, and takes place November 12 at 3:30 ET. You can register to attend it by clicking on the title and logging into the platform.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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