specification: FinOps Framework specificationVersion: '1.0' schema: https://www.finops.org/framework/ alignedWith: framework: FinOps Foundation Framework frameworkUrl: https://www.finops.org/framework/ dataSpec: FOCUS dataSpecVersion: '1.3' dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/ provider: IFS providerId: ifs publisherName: Industrial and Financial Systems, IFS AB serviceCategory: Enterprise Software created: '2026-05-04' # Provenance stamped 2026-08-11: this artifact was written by the API Evangelist # bulk sweep dated 2026-05-04, not harvested from the provider. See roadmap#35. method: generated modified: '2026-05-05' reconciled: false tags: - ERP - EAM - Field Service - Enterprise Service Management - FinOps - FOCUS description: FOCUS-aligned FinOps shape for IFS Cloud. Billing is enterprise-subscription with negotiated per-customer terms; APIs are bundled and not separately metered. FinOps practice for IFS focuses on license-and-subscription accountability rather than per-call telemetry. notes: No public usage-based meters; treat invoiced subscription cost and module utilization as the primary meters. Reconcile with the customer's own IFS Cloud Lifecycle Experience reporting. sources: - https://www.ifs.com/ - https://www.ifs.com/products/cloud principles: - name: Visibility description: Surface IFS Cloud subscription costs in finance reporting; use IFS Lifecycle Experience for module and environment usage telemetry. - name: Allocation description: Allocate the IFS subscription across business units by module entitlement, named user counts, and active environments (production / test / development). - name: Optimization description: Right-size named-user counts, retire unused environments at renewal, and consolidate modules where overlap exists between EAM, FSM, and ESM. - name: Accountability description: Designate an IFS application owner with a single annual budget line; review module and user utilization quarterly with the IFS Customer Success Manager. domains: - name: Understand Usage and Cost capabilities: - Data Ingestion - Allocation - Reporting and Analytics - name: Quantify Business Value capabilities: - Planning and Estimating - Budgeting - Benchmarking - name: Optimize Usage and Cost capabilities: - Workload Optimization - Licensing and SaaS - name: Manage the FinOps Practice capabilities: - Invoicing and Chargeback - Onboarding Workloads billingModel: pricingCategory: Enterprise Subscription billingFrequency: Annual billingCurrency: USD/EUR/GBP chargeCategories: - Purchase - Tax - Adjustment chargeFrequency: Recurring focusColumns: ServiceName: IFS Cloud ServiceCategory: Enterprise Software ProviderName: IFS PublisherName: Industrial and Financial Systems, IFS AB InvoiceIssuerName: Industrial and Financial Systems, IFS AB PricingCategory: Subscription PricingUnit: user-year BillingCurrency: USD ChargeCategory: Purchase meters: - name: named_users description: Named users under license per module unit: user-month aggregation: max dimensions: - module - environment - name: environments description: Active IFS Cloud environments (production, test, development) unit: environment-month aggregation: max dimensions: - environment_type - region - name: modules description: Licensed product modules unit: module aggregation: max dimensions: - product_line apis: - name: IFS Cloud ERP API baseURL: https://api.ifs.com tags: - Cloud - ERP - Finance - Manufacturing - Supply Chain serviceName: IFS Cloud ERP API serviceCategory: API - name: IFS Field Service Management API baseURL: https://api.ifs.com tags: - Asset Management - Field Service - Mobile - Scheduling - Work Order serviceName: IFS Field Service Management API serviceCategory: API - name: IFS Enterprise Asset Management API baseURL: https://api.ifs.com tags: - Asset Management - EAM - Energy - Maintenance - Manufacturing serviceName: IFS Enterprise Asset Management API serviceCategory: API - name: IFS Enterprise Service Management API baseURL: https://api.ifs.com tags: - Cloud - Helpdesk - ITSM - Service Management serviceName: IFS Enterprise Service Management API serviceCategory: API unitEconomics: - name: Cost per Named User metric: billed_cost / named_users - name: Cost per Active Environment metric: billed_cost / environments maintainers: - FN: Kin Lane email: kin@apievangelist.com