IFS Applications is presented by the vendor as an agile application suite that offers enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise project management, handling 4 core processes: Service & Asset Management Full Enterprise Asset Management (EAM), Maintenance Repair and Overhaul (MRO) and Field Service Management (FSM) Manufacturing Enterprise Resource Planning (ERP) with support for process manufacturing, discrete manufacturing…
N/A
Teradata Vantage
Score 8.1 out of 10
N/A
Teradata Vantage is presented as a modern analytics cloud platform that unifies everything—data lakes, data warehouses, analytics, and new data sources and types. Supports hybrid multi-cloud environments and priced for flexibility, Vantage delivers unlimited intelligence to build the future of business.
Users can deploy Vantage on public clouds (such as AWS, Azure, and GCP), hybrid multi-cloud environments, on-premises with Teradata IntelliFlex, or on commodity hardware with VMware.
$4,800
per month
Pricing
IFS Applications
Teradata Vantage
Editions & Modules
No answers on this topic
Teradata VantageCloud Lake
from $4800
per month
Teradata VantageCloud Enterprise
from $9000
per month
Offerings
Pricing Offerings
IFS Applications
Teradata Vantage
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Optional
Additional Details
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More Pricing Information
Community Pulse
IFS Applications
Teradata Vantage
Features
IFS Applications
Teradata Vantage
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.4
3 Ratings
50% below category average
Teradata Vantage
-
Ratings
Pay calculation
7.43 Ratings
00 Ratings
Benefit plan administration
6.83 Ratings
00 Ratings
Direct deposit files
5.83 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
Teradata Vantage
-
Ratings
API for custom integration
8.75 Ratings
00 Ratings
Plug-ins
8.75 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
Teradata Vantage
-
Ratings
Single sign-on capability
10.05 Ratings
00 Ratings
Role-based user permissions
9.75 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.6
5 Ratings
16% above category average
Teradata Vantage
-
Ratings
Dashboards
8.25 Ratings
00 Ratings
Standard reports
8.15 Ratings
00 Ratings
Custom reports
9.45 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.5
5 Ratings
2% below category average
Teradata Vantage
-
Ratings
Accounts payable
9.45 Ratings
00 Ratings
Accounts receivable
9.45 Ratings
00 Ratings
Global Financial Support
9.04 Ratings
00 Ratings
Primary and Secondary Ledgers
9.14 Ratings
00 Ratings
Journals and Reconciliations
8.84 Ratings
00 Ratings
Configurable Accounting
8.74 Ratings
00 Ratings
Standardized Processes
9.04 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
9.0
5 Ratings
13% above category average
Teradata Vantage
-
Ratings
Inventory tracking
9.15 Ratings
00 Ratings
Automatic reordering
9.45 Ratings
00 Ratings
Location management
9.45 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.1
5 Ratings
25% below category average
Teradata Vantage
-
Ratings
Pricing
8.85 Ratings
00 Ratings
Order entry
8.35 Ratings
00 Ratings
Credit card processing
8.34 Ratings
00 Ratings
Cost of goods sold
7.95 Ratings
00 Ratings
Order Orchestration
7.54 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.8
4 Ratings
65% below category average
Teradata Vantage
-
Ratings
Billing Management
7.94 Ratings
00 Ratings
Cash and Asset Management
8.54 Ratings
00 Ratings
Travel & Expense Management
8.54 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
7.54 Ratings
00 Ratings
Period Close
9.14 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
1 Ratings
95% below category average
Teradata Vantage
-
Ratings
Budgeting and Forecasting
3.01 Ratings
00 Ratings
Project Costing
6.01 Ratings
00 Ratings
Cost Capture
5.01 Ratings
00 Ratings
Capital Project Management
2.01 Ratings
00 Ratings
Customer Contract Compliance
2.01 Ratings
00 Ratings
Project Revenue Recognition
2.01 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
Teradata Vantage
-
Ratings
Project Planning and Scheduling
9.64 Ratings
00 Ratings
Task Insight for Project Managers
8.64 Ratings
00 Ratings
Project Mobile Functionality
7.64 Ratings
00 Ratings
Definable Resource Pools
8.44 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.4
2 Ratings
24% above category average
Teradata Vantage
-
Ratings
Award Lifecycle Management
9.42 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
Teradata Vantage
-
Ratings
Bids Analyzed and Compared
9.13 Ratings
00 Ratings
Contract Authoring
8.13 Ratings
00 Ratings
Contract Repository
8.13 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
9.34 Ratings
00 Ratings
Supplier Management
9.34 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.9
4 Ratings
30% below category average
Teradata Vantage
-
Ratings
Risk Repository
8.44 Ratings
00 Ratings
Control Management
8.74 Ratings
00 Ratings
Control Efficiency Assessments
8.44 Ratings
00 Ratings
Issue Detection
7.24 Ratings
00 Ratings
Remediation and Certification
7.84 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.5
4 Ratings
9% above category average
Teradata Vantage
-
Ratings
Transportation Planning and Optimization
8.12 Ratings
00 Ratings
Transportation Execution Management
8.72 Ratings
00 Ratings
Trade and Customs Management
7.72 Ratings
00 Ratings
Fulfillment Management
7.33 Ratings
00 Ratings
Warehouse Workforce Management
8.44 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.7
4 Ratings
10% below category average
Teradata Vantage
-
Ratings
Production Process Design
9.13 Ratings
00 Ratings
Production Management
8.84 Ratings
00 Ratings
Configuration Management
8.54 Ratings
00 Ratings
Work Execution
9.14 Ratings
00 Ratings
Manufacturing Costs
9.44 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
9.0
4 Ratings
23% above category average
Teradata Vantage
-
Ratings
Forecasting
8.54 Ratings
00 Ratings
Inventory Planning
9.44 Ratings
00 Ratings
Performance Monitoring
9.03 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Order to cash processes and scenario are implemented natively in IFS. An HR module exists for career management also (objectives, comportments, training, mobility) but may be improved in terms of workflow validation (e.g. training to validate by a manager) or reporting.
Teradata Vantage is well suited for large scale ETL pipelines like the ones we developed for anti money laundering risk matrices. It handles heavy joins, aggregations, and transformations on transactional data efficiently. We generate alert variables, adjust for inflation, and monitor establishments monthly with it, all integrated with Python and Control-M for a centralised automation across the company. For less appropriate, I would say that heavy resource demands might slow down experimentation for iterative work.
Teradata is an excellent option but only for a massive amount of data warehousing or analysis. If your data is not that big then it could be a misfit for your company and cost you a lot. The cost associated is quite extensive as compared to some other alternative RDBMS systems available in the market.
Migration of data from Teradata to some other RDBMS systems is quite painful as the transition is not that smooth and you need to follow many steps and even if one of them fails. You need to start from the beginning almost.
Last but not least the UI is pretty outdated and needs a revamp. Though it is simple, it needs to be presented in a much better way and more advanced options need to bee presented on the front page itself.
Teradata is a mature RDBMS system that expands its functionality towards the current cloud capabilities like object storage and flexible compute scale.
Teradata Vantage allows us to create a scalable infrastructure to support our strategic initiatives. The dedicated compute power ensures reliable performance with isolated workloads and dedicated resources, optimizing workflows for faster, more efficient data transfers. The compute clusters support ETL processes and OSF’s developers and data science team with the flexibility to create self-service analytics, to spin up/down at any time, driving better performance and minimizing costs.
We have been unable to get answers to our questions, solutions to our problems, and they don't seem interested in working in the construction industry.
We have meetings at the beginning with the technical team to explain our requirements to them and they were really putting in a lot of effort to come up with a solution which will address all our needs. They implemented the software and also trained a few of our resources on the same too. We can get in touch with them now as well whenever we run into a roadblock but it's very less now.
IFS Applications is based on Agile Technology which allows organizations to reconfigure user interface as per user requirements and make it user-friendly. Other applications are lagging on many fronts like User Interface, Online help document availability, Implementation methodology, and post-implementation expenses.
Teradata is way ahead of its competitor because of its unique features of ensuring data privacy and data never gets corrupted even in worst case scenario. In most cases, the data corruption is a major issue if left unused and it leads to important data being wiped off which in ideal case should be stored for 3 years
Reporting is now centralized and managed. Previously, reports were outside the information systems and there was a risk of incoherence.
Accounting controls are now in place on the overall processes, including production, which helped the company to reduce closing periods or to produce more easily official mandatory accounting files yearly.
Interfaces between the CRM forecast tool and IFS helped to keep the tools in sync, and to decrease the processing times prior to production launch.
Moving to Teradata in the Cloud-enabled a level of agility that previously didn't exist in the organization. It also enabled a level of analytic competency that was not achievable using other options on the aggressive timeline that was required. We didn't want to settle for reinventing a wheel when we had a super tuned performance capable beast readily available in Teradata. Teradata lets us focus on our business rather than spending money and effort trying to design software or database foundations features on an open source or lower performance platform.