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TotalEnergies chooses IFS for global asset management transformation

1. TotalEnergies integrates IFS Cloud to enhance asset performance and profitability.

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FAQ

Why Bullish?

The integration may improve efficiency and profitability, benefiting TTE's stock performance. Historical cases show tech upgrades often lead to positive market reactions.

How important is it?

The article discusses a significant technological upgrade affecting TTE's operations, likely driving future profitability.

Why Long Term?

Improvements in asset performance will yield benefits over a longer period. Previous partnerships enhancing operational efficiency have shown sustained positive effects on stock prices.

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TTEIFS
IFS solution will complete energy giant's strategic industry backbone, integrating with TotalEnergies' global ERP to turbocharge asset performance and profitability. LONDON , Jan. 31, 2025 /PRNewswire/ -- IFS, the leading enterprise cloud and Industrial AI software provider, today announces that TotalEnergies, a global integrated energy company that produces and markets energies – oil and biofuels, natural gas and green gases, renewables and electricity, has selected IFS Cloud as the single platform for management and servicing of its global operated asset portfolio.

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