H1 2026 highlights

Annual Recurring Revenue (ARR): 25% YoY growthCloud Revenue: 24% YoY growthRecurring Revenue Mix: 84% of total revenue

LONDON, England, July 28, 2026 /PRNewswire/ — IFS, the leading provider of Industrial AI software, delivered 25% year-on-year ARR growth in H1 2026, demonstrating customers increasingly adopting and scaling Industrial AI across their operations. The results reflect strong revenue growth, customer expansion, and rising demand for AI-powered solutions that deliver measurable outcomes.

Increased adoption of industry-specific AI use cases is a key driver of IFS’s continued growth, as more industrial organizations seek to apply AI to complex operational challenges across manufacturing, asset maintenance, supply chain, field service and warehouse operations. IFS is helping to deploy AI in real-world operational environments, generating tangible improvements in productivity, efficiency, and decision-making.

Innovation driving customer outcomes

IFS expanded its Industrial AI capabilities during H1 2026, including: 

IFS Nexus Black’s Resolve: Transforms field service operations globally using AI to predict faults and reduce downtime, enabling busy technicians to resolve issues faster.IFS Zero: Reduces emissions data collection effort by up to 30%.IFS Loops Agentic Platform: Enables enterprises to create and deploy AI-powered Digital Workers, with 60% of agentic transactions fully automated. 

Leading industrial organizations including Coca-Cola, China Airlines, Drydocks World, First Solar, Flynn Canada, JVCKENWOOD, Kodiak Gas Services, Miele, ShinMaywa Industries, The Waldinger Corporation and William Grant & Sons selected IFS in H1 2026 to support critical operational workflows.

Strengthening supply chain execution capabilities

The March 2026 acquisition of Softeon enhanced IFS’s warehouse management and supply chain execution proposition at a critical time, as industrial organizations face increased supply chain volatility.

Expanding the Industrial AI ecosystem

IFS is building an interconnected Industrial AI ecosystem spanning industrial leaders, technology innovators,  systems integrators, analysts, and research organizations. Strategic partnerships with Siemens, AVEVA, and NEC link engineering, operational, and enterprise intelligence. Collaborations with frontier AI providers, specialist partners, MIT CISR, and systems integrators accelerate cutting-edge capability into the platform.

These relationships enable customers to move beyond accessing asset data, to acting on it – making sharper decisions and driving stronger productivity, greater resilience, and better returns across the asset lifecycle.

Mark Moffat, CEO of IFS, said: “Customers are scaling AI across operations onto the factory floor, into the warehouse, and out in the field. As measurable business value is returned, Industrial AI is becoming a clear source of competitive advantage and customers are expanding their use of IFS solutions. Our H1 results reflect the market inflection point we’re now seeing.”

Ryan Courson, Chief Financial Officer of IFS, said: “H1 2026 demonstrates strong execution across all lines of business. With 25% ARR growth, our numbers reflect how deeply customers are scaling AI into operations. These results reinforce the resilience of our business model and our track record of profitable growth.”

Continued industry recognition reinforces IFS leadership

IFS was recognized as a Leader in the 2026 IDC MarketScape: Worldwide Manufacturing AI-Enabled Asset-Intensive Enterprise Asset Management Applications Vendor Assessment (#US54250726, February 2026).

Micky North Rizza, Group Vice-President at IDC: “The first half of 2026 highlights accelerating momentum in the industrial software market, with AI becoming embedded in operational workflows rather than isolated use cases. Growth in recurring revenue and cloud adoption underscores how organizations are prioritizing platforms capable of supporting complex, asset-intensive environments. This positions IFS strongly as enterprises look to scale AI-driven outcomes in a disciplined, value-focused way.”

Positioned for sustained progress in H2 2026

IFS enters H2 2026 well positioned for sustained growth, with continued demand for Industrial AI, strong recurring revenue performance, and ongoing platform investment. The company will showcase its latest innovations at IFS Unleashed(Opens in a new tab) in October 2026.

This information was brought to you by Cision http://news.cision.com

CONTACT:

IFS Press Contacts:
EUROPE / MEA / APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: adam.gillbe@ifs.com(Opens in a new tab)

NORTH AMERICA / LATAM: Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: mairi.morgan@ifs.com(Opens in a new tab)

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SOURCE IFS

Personalized education-focused conversations are designed to help aspiring and passive investors understand where they are, what they need to learn, and which multifamily investing path may fit their goals

DALLAS, July 28, 2026 /PRNewswire/ — Elevate Your Wealth Academy, an investor education platform focused on multifamily real estate investing and syndication training, has opened strategy calls for individuals seeking a clearer, more structured path into multifamily real estate.

The strategy calls are designed for aspiring investors, passive investors, and real estate professionals who are interested in multifamily investing but want more clarity before deciding their next step. These conversations give prospective students an opportunity to discuss their goals, current experience level, investment knowledge, and areas where they may need additional education or support.

As more individuals explore multifamily real estate as a potential path toward long-term wealth building, many are discovering that interest alone is not enough. Understanding how multifamily deals are structured, how to evaluate risk, how sponsors operate, and how investment decisions are made requires practical education and a clear framework.

Elevate Your Wealth Academy created the strategy call process to help prospective students identify where they are in their investing journey and determine which educational path may best support their goals.

“Many people want to get involved in multifamily real estate, but they are not always sure where to start,” said Jorge Abreu, Founder of Elevate Your Wealth Academy. “Some are trying to understand passive investing. Others want to learn how to evaluate deals, raise capital, or eventually become operators. The purpose of these strategy calls is to help people get clarity before they take the next step.”

During the strategy call, prospective students can discuss topics such as:

Their current real estate or investing experienceTheir short-term and long-term multifamily investing goalsWhether they are more aligned with passive investing, active investing, or operator-level educationThe knowledge gaps that may be holding them backHow to evaluate multifamily opportunities with greater confidenceWhich Elevate Your Wealth Academy program may be the best fit

The strategy calls are intended for individuals who are serious about learning multifamily investing and want guidance on which educational path makes the most sense based on their background, goals, and timeline.

Elevate Your Wealth Academy offers educational resources and training programs designed to help investors move from confusion to confidence. Its programs support different levels of investor readiness, from individuals who are new to multifamily syndication to those who want a more structured, hands-on path toward active investing.

The Academy’s educational approach focuses on practical, real-world concepts, including deal evaluation, underwriting assumptions, market fundamentals, sponsor credibility, capital structure, investor communication, and long-term wealth-building strategy.

“Multifamily investing can feel overwhelming when someone is trying to figure it out alone,” Abreu added. “A strategy call helps us understand what they are trying to accomplish and whether our training, tools, and community are the right fit to help them move forward.”

The opening of strategy calls is part of Elevate Your Wealth Academy’s broader mission to make multifamily investing education more accessible, structured, and actionable for investors at different stages of their journey.

Individuals interested in exploring whether Elevate Your Wealth Academy is the right fit for their multifamily investing goals can schedule a strategy call at:

[www.elevateyourwealthacademy.com/strategy-call]

About Elevate Your Wealth Academy

Elevate Your Wealth Academy is an investor education platform created to help aspiring and passive investors learn the fundamentals of multifamily real estate investing and syndication. Led by Jorge Abreu and the Elevate team, the Academy provides practical training, resources, and support designed to help investors understand deal evaluation, risk assessment, sponsor due diligence, capital structure, and long-term wealth-building strategies through multifamily real estate.

The Academy supports investors at different stages of their journey, including those seeking foundational education, passive investing knowledge, active investor development, and mentorship-based guidance.

For more information, visit [www.elevateyourwealthacademy.com].

Media Contact

Cecelia Zimmermann
Elevate Your Wealth Academy
Email: info@elevateyourwealthacademy.com
Website: [www.elevateyourwealthacademy.com]

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SOURCE Elevate Your Wealth Academy

Acquisition strengthens Vida’s growing portfolio of premium footwear brands and reinforces its leadership in the fashion-comfort market

NEW YORK, July 28, 2026 /PRNewswire/ — Vida Shoes International, Inc. (www.vidagroup.com), a leader in the women’s, children’s and men’s footwear industry with Sunrise Brands, proudly announced that it has acquired the Donald Pliner® brand, including all associated intellectual property and brand assets. The transaction officially closed on July 20, 2026.

The acquisition marks another significant milestone in Vida’s continued growth strategy and further expands its portfolio of premium footwear brands. Donald Pliner® joins Vida’s family of brands as the company continues to strengthen its position within the fashion-comfort footwear category.

Donald Pliner® is recognized as one of the industry’s most respected footwear brands, known for its distinctive design, premium craftsmanship and loyal consumer following. The brand has maintained consistent distribution and strong brand equity, making it a natural fit within Vida’s expanding portfolio.

“For more than 52 years, Vida has specialized in developing, manufacturing, marketing and distributing footwear,” said Solomon Dabah, President of Vida Shoes International, Inc. “Donald Pliner is an iconic brand with tremendous heritage, strong consumer recognition and significant growth potential. Its premium positioning and loyal customer base align perfectly with our expertise and long-term vision. We believe Donald Pliner has all the ingredients necessary to become an even stronger force in the fashion-comfort marketplace.”

The acquisition supports Vida’s long-term strategy of building a balanced portfolio of both owned and licensed brands. By combining Donald Pliner®’s established market position with Vida’s global development capabilities, technical expertise, financial resources, marketing expertise and longstanding retail relationships, the company sees significant opportunities to accelerate future growth.

In the near term, Vida’s focus will remain on supporting and strengthening the existing Donald Pliner® business while preserving the brand’s identity and premium positioning. The current product assortment will continue, with future investments centered on innovative materials, advanced construction techniques, enhanced product development, digital commerce initiatives and increased consumer engagement.

“We have tremendous respect for the Donald Pliner team and everything they have accomplished rebuilding the brand,” said Gabriel Safdeye, Senior Vice President of Vida Shoes International, Inc. “Our goal is to provide additional resources, infrastructure and expertise that will accelerate growth while remaining true to the brand’s DNA. We look forward to working closely together and building on the strong foundation already in place.”

“Having led Donald Pliner for the past six years, I have seen firsthand the strength of this brand, the talent of this team, and the loyalty of our customers,” said Griffin Guez, CEO of Donald Pliner®. “We worked hard to rebuild and elevate what Donald Pliner stands for, and I couldn’t be more proud of what we accomplished together. I want to especially recognize Jonathan Guez, whose leadership of our e-commerce division meaningfully strengthened the brand’s digital presence and consumer reach. Seeing the brand join Vida’s portfolio is tremendously exciting. Vida’s proven record in the footwear industry, deep expertise and exceptional team make them the ideal home for the future of Donald Pliner. I look forward to their continued success.”

Donald Pliner® currently enjoys distribution through a strong network of premier department stores, specialty retailers and digital partners. Vida intends to maintain those valued retail relationships while thoughtfully expanding distribution through strategic partnerships that preserve the brand’s premium positioning.

The company also expressed its appreciation to the Vida team, recognizing that this milestone reflects years of dedication across the organization.

“This acquisition would not have been possible without the incredible people of Vida,” Dabah added. “Every division across our company has contributed to the strength of our business through hard work, resilience and an unwavering commitment to excellence. Our talented associates and leadership team have built the foundation that allows us to continue investing in exceptional brands and growing our portfolio. I want to sincerely thank every member of the Vida family for helping make this exciting new chapter possible.”

Looking ahead, Vida envisions elevating Donald Pliner® into one of the leading fashion-comfort footwear brands by investing in product innovation, consumer awareness, digital growth and strategic distribution while remaining true to the qualities that have made the brand successful for decades.

ABOUT VIDA SHOES INTERNATIONAL, INC.
Vida Shoes International, Inc. designs, manufactures, markets and distributes fashion-forward and outdoor adventure footwear for women, men and children. In addition to marketing products under its own brands including Jambu®, JBU®, J Sport®, Aquatalia®, Andre Assous® and Munro®, Vida is a licensee of various brands, including BCBG®, Bruno Magli®, Splendid®, Kenneth Cole®, Stride Rite®, Carter’s®, Merrell® Kids, Saucony® Kids, Kurt Geiger® and OshKosh B’Gosh®. Vida also designs and manufactures products under private labels brands for various retailers. Vida’s wholesale distribution includes department stores, independent retailers, specialty stores, national chains and mass merchants. Vida supports direct to consumer ecommerce for Stride Rite®, Merrell Kids®, Saucony® Kids, Jambu®, JBU®, J Sport®, Bruno Magli®, Aquatalia®, Andre Assous® and Munro®. Learn more at www.vidagroup.com.

ABOUT DONALD PLINER®

Founded in 1989, Donald Pliner is a premium footwear brand known for blending distinctive design, exceptional comfort, and quality craftsmanship. Offering a collection of women’s and men’s footwear, the brand is recognized for innovative materials, thoughtful details, and versatile styles that balance fashion with everyday wearability. Donald Pliner is distributed through premier department stores, specialty retailers, select digital partners, and its direct-to-consumer channels.

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SOURCE Vida Shoes International