Avacon Selects IFS Copperleaf to Enhance Asset Investment Planning
IFS Connect—Düsseldorf, Germany—15 May, 2025—Copperleaf®, an IFS company, is delighted to announce that Avacon, a regional subsidiary of the E.ON Group—a leading energy company responsible for supplying energy and energy-related services—has chosen IFS Copperleaf’s decision analytics solution. This strategic partnership is set to boost Avacon’s capability to manage the challenges brought on by the energy transition, and in parallel drive operational efficiency and streamline workflows as part of the E.ON wide “Manage Assets” initiative.
Avacon set out to elevate its “Manage Assets” capabilities—aiming to make consistent, data-driven decisions that ensure the highest return in line with strategic goals and operational targets. The IFS Copperleaf solution enables value-based, risk-informed decision-making. This includes opportunities and risks identification, solution definition and evaluation, portfolio optimization, scenario analysis and approval. With IFS Copperleaf, Avacon will reduce risk, optimize costs, accelerate time to value, and meet business objectives through a proven end-to-end asset management process.
By reducing redundancies and streamlining workflows, Avacon aims to boost overall operational efficiency, optimizing resource allocation and improving service delivery. Automation of repetitive tasks will save time and reduce errors, enabling Avacon to focus on more strategic activities, enhancing productivity and accuracy in investment planning.
The project will be delivered in collaboration with Accenture, leveraging the strategic partner network of IFS Copperleaf certified consultants.
“The Copperleaf solution fulfills 100% of Avacon’s requirements along the newly defined E.ON wide “Manage Assets” process,” said Fin Jennrich, IFS Copperleaf’s VP of Sales for Central Europe & Nordics. “Avacon is yet another fantastic addition to the constantly growing community of asset-intensive organizations leveraging the Copperleaf solution to enhance their investment planning in line with the ISO 55000 standard series.”
“We are thrilled to partner with Avacon to enhance their asset investment planning capabilities,” added Lance Olmsted, President, IFS Copperleaf. “This collaboration will enable Avacon to better manage their assets, reduce risks, and achieve their sustainability targets, ultimately delivering greater value to their customers and stakeholders.”
About Avacon
Avacon is part of the international energy company E.ON SE, headquartered in Essen, Germany. As one of Europe’s largest energy companies, around 75,000 employees develop and sell products and solutions for private, commercial and industrial customers. In addition to Germany, E.ON has operations in Denmark, Sweden, Norway, the United Kingdom, the Netherlands, Belgium, France, Italy, Austria, Slovenia, Croatia, Slovakia, the Czech Republic, Hungary, Poland, Romania, and Turkey.
About Copperleaf, an IFS company
IFS Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our industry-leading products and our commitment to providing extraordinary experiences, shaped by people who care deeply and partnerships that stand the test of time. IFS Copperleaf is actively involved in shaping and implementing global industry standards and sustainability principles through our participation in the United Nations Global Compact, the Institute of Asset Management, and other organizations. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
Copperleaf Press Contacts:
Copperleaf Technologies Inc.
Office: +1.604.639.9700
Email: Media Relations
About IFS
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.
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), 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 was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognised worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
IFS Press Contacts:
Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com