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What is an IFS?

What is an IFS? Here are some definitions.

Noun
  1. Initialism of iterated function system.
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Examples
At the same time, it gives IFS an opportunity to explore new markets.
An IFS customer since 1999, MG Rover already uses IFS components for financials, purchasing and human resources.
The school also has its first student win the national competition of IFS Young Business Writer of the Year 2010 Award, an award for the top young business thinker.
Attending MUN has helped reinforce Anoop's dream to become an IFS officer.
The nature of these conversations coincides with other IFS work done with children.
The IFS concludes that taxes would have gone up whoever won the last election, because it was the only way to balance the books.

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