IFS and Novacura have announced a successful joint bid at RISE, The Swedish Research Institute. Novacura, an IFS partner will implement its business process management solution Flow and IFS Applications ERP suite. It follows an extensive public procurement process by RISE to select a new finance and project management solution. RISE came into being formally as an integration of three institutes in Sweden: Innventia, SP and Swedish ICT. It changed its name to RISE in 2017.