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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
We want to leave their consulting room with a definitive answer, a solid diagnosis, not ifs and maybes.
Attending MUN has helped reinforce Anoop's dream to become an IFS officer.
I'm not talking about ifs, buts and maybes but times when there should have been dead-set tries.
Damen Shipyards in Gorinchem, the Netherlands, has implemented IFS Applications to streamline its business processes throughout the organization.
An IFS customer since 1999, MG Rover already uses IFS components for financials, purchasing and human resources.
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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