TotalEnergies partners with IFS for global asset management overhaul

TotalEnergies has chosen IFS Cloud as its centralised platform for asset management, marking a significant shift towards AI-driven digital transformation in the energy sector. The partnership is expected to streamline operations, reduce maintenance costs, and enhance asset longevity across TotalEnergies’ expansive portfolio, which includes oil, biofuels, natural gas, renewables, and electricity. By integrating IFS Cloud’s Enterprise Asset Management (EAM) solution into its global infrastructure, TotalEnergies aims to consolidate asset data, maintenance workflows, and operational analytics into a single digital ecosystem.

The implementation will enable real-time monitoring and predictive maintenance, reducing downtime and optimising equipment performance to improve return on investment. More than 13,500 global users will gain access to advanced asset maintenance solutions, supporting TotalEnergies’ broader objectives of sustainability and operational resilience. By leveraging IFS Cloud’s AI-driven capabilities, TotalEnergies will strengthen its asset performance strategy while ensuring long-term cost efficiency and reliability in energy production and distribution.

Why Did TotalEnergies Choose IFS for Its Digital Transformation?

TotalEnergies’ decision to partner with IFS reflects its commitment to operational efficiency and digital innovation. As one of the world’s leading energy companies, TotalEnergies requires a highly integrated asset management system capable of handling complex operations across exploration, production, refining, and chemical processing. The selection of IFS Cloud is based on its ability to offer a unified, scalable, and AI-powered solution tailored to the evolving demands of the energy industry.

IFS Cloud’s composable architecture and scalable data model provide TotalEnergies with the flexibility to adapt to industry challenges and regulatory requirements while ensuring seamless integration with its future enterprise resource planning (ERP) system. Industrial AI and machine learning capabilities embedded within the platform will enable predictive analytics, helping TotalEnergies anticipate equipment failures and optimise maintenance schedules. This approach aligns with the company’s long-term vision of enhancing sustainability, improving operational efficiency, and maximising the lifespan of critical assets.

With the energy sector facing increasing pressures to optimise operations while reducing environmental impact, TotalEnergies is prioritising advanced digital solutions that drive intelligent asset management. By choosing IFS Cloud, the company is positioning itself at the forefront of innovation, ensuring that its global infrastructure remains resilient and future-ready in a rapidly evolving industry.

How Does This Partnership Reflect Industry Trends in Asset Management?

The adoption of IFS Cloud for asset management comes as energy companies worldwide shift towards AI-driven solutions to modernise their infrastructure and improve operational resilience. Companies operating in high-asset industries, such as oil and gas, power generation, and renewables, are increasingly investing in intelligent asset management platforms that provide real-time insights, predictive analytics, and automated maintenance workflows.

IFS, a global leader in enterprise cloud solutions, has experienced growing demand for its Industrial AI technology, particularly among companies managing critical infrastructure. The company reported record financial performance in 2024, surpassing €1 billion in Annual Recurring Revenue (ARR) and achieving total revenue of €1.228 billion—a 32% year-on-year increase. These figures highlight the industry-wide shift towards cloud-based solutions designed to replace legacy asset management systems.

As part of its strategic expansion, IFS has also strengthened its market position through key acquisitions. The purchase of Copperleaf, a leader in asset investment planning, and EmpowerMX, an AI-powered aviation maintenance software provider, has bolstered IFS’s capabilities in predictive analytics and intelligent asset lifecycle management. These advancements reinforce IFS’s role in delivering cutting-edge solutions to companies like TotalEnergies, which require sophisticated asset management strategies to navigate the complexities of modern energy production.

What Are the Long-Term Implications for TotalEnergies?

By implementing IFS Cloud, TotalEnergies is making a decisive move towards modernising its asset management framework while reinforcing its competitive position in the energy sector. The integration of AI-powered predictive maintenance will significantly improve asset reliability, ensuring that equipment operates at peak efficiency with minimal unplanned downtime. The platform’s ability to optimise resource allocation and reduce operational costs will allow TotalEnergies to enhance overall profitability while maintaining sustainable business practices.

Seamless integration with TotalEnergies’ future ERP system will create a unified enterprise solution, enabling data-driven decision-making across all aspects of asset management. The ability to centralise asset data, analyse performance trends, and automate maintenance workflows will support TotalEnergies in achieving its broader sustainability and operational efficiency goals.

Mark Moffat, CEO of IFS, underscored the strategic importance of the collaboration, stating that TotalEnergies will benefit from IFS’s deep industry expertise and AI-driven innovation. He emphasised that the implementation of IFS Cloud will provide TotalEnergies with a future-ready platform designed to support seamless global operations.

As AI and cloud-based solutions continue to redefine asset management in the energy industry, TotalEnergies’ investment in IFS Cloud signals a broader trend towards intelligent, data-driven infrastructure management. By adopting an advanced digital strategy, TotalEnergies is not only improving its current operational performance but also securing long-term resilience in an increasingly competitive and technology-driven market.