Latest posts

70 percent of industrial companies need enterprise mobility for digital transformation

by   |    |   3 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Service Management, Supply Chain

New study shows enterprise mobility is an essential step to harness the disruptive technologies in business. Business conditions are changing rapidly thanks to digital transformation, which is defined in this MIT Sloan Management Review article, “The Nine Elements of Digital Transformation,” as the use of technology to radically change the performance or reach of enterprises….

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The new reality: Can augmented reality solve the military MRO labor shortage?

by   |    |   3 minutes  |  in Aviation & Defense, Business Technology, Strategy

The virtual and augmented reality (AR) business is booming – one report predicts the market for the technologies will be worth over $165bn by 2024. Once seen as a gaming technology, augmented reality is now starting to enter the defense sector with big potential – witness the Dismounted Soldier Training System, the first ever fully…

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Disrupting aviation with Blockchain

by   |    |   3 minutes  |  in Aviation & Defense, Business Technology, Creativity & Innovation, Finance, IFS Labs, Research

How through-life asset management can be improved using distributed ledgers throughout the chain. IFS Labs’ research into Blockchain Blockchain is one of the most talked-about and intriguing technologies today. Although first described in 1991, it got its first real implementation and public attention in 2009 as the technology behind Bitcoin. Blockchain or distributed ledgers, in…

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IFS Applications

by   |    |   4 minutes  |  in Applications 9, Business Technology, Events, Strategy

IFS Applications is your platform for innovation that helps you to constantly improve the small things in your business that will make a big difference. My 13-year-old son is a passionate tennis player. He practices about eight hours per week and spends hours watching matches on YouTube to learn from stars like Djokovic, Federer, Nadal…

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Is your GDPR project going to achieve compliance?

by   |    |   7 minutes  |  in Business Technology, Finance, Strategy

On May 25, 2018, the new and considerably more onerous general data protection regulations take effect. It affects all companies managing personal information originating from countries within the European Union (EU). As the fines for non-compliance are eye-watering, and the potential ‘ethical fallout’ highly damaging, a successful GDPR project is an essential risk mitigation tool….

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How to navigate the digital journey in the oil rig industry

by   |    |   4 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Digital Transformation, Events, Mobility, Oil & Gas, Strategy

Getting your business to an automated efficient state of operating its assets while maintaining safe and reliable operations is possible. The oil rig industry agrees that they are not in the forefront of the digital age, as per discussions at the drilling conference in Stavanger last week (Rigg og Borekonferansen). Perhaps this is because the…

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Is your adherence to enterprise asset management excellence really just surface deep?

by   |    |   4 minutes  |  in Asset Intensive, Business Agility, Business Technology, Manufacturing, Oil & Gas, Research, Strategy

Research shows that the fundamentals of asset management and maintenance excellence will remain integral to the optimal performance. Organizations in asset-intensive industries must ensure that their adherence to EAM excellence goes beyond the surface. Enterprise asset management (EAM) excellence can be defined in many ways, but essentially, it is about optimizing the operation of assets…

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Is your field service management software the weak link?

by   |    |   5 minutes  |  in Business Technology, Digital Transformation, Mobility, Service Management, Strategy

A chain is only as strong as its weakest link, and if your business aspires to grow, then your software solutions need to enable, not constrain. Service-based businesses succeed and fail based on how they manage complexity in the face of increased competition. Best-in-class service organisations today are not only responding quickly to market demands,…

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evolution of IoT

by   |    |   4 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, IFS Labs, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Retail, Service Management, Strategy, Supply Chain

A look at the evolution of IoT and how businesses have used, are using and will be using it to their advantage. The notion of Smart Manufacturing or Industry 4.0 became a popular topic after the international CeBIT fair of 2011, a mere six years ago but a lifetime in terms of technology maturation. By…

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How to support your evolving omni-channel strategy with RFID and ERP

by   |    |   3 minutes  |  in Business Technology, Retail, Strategy, Supply Chain

RFID technology has risen to become a valuable element in better performing supply chain management, ensuring that the right products are available in the right place with no discrepancies. Retailers are experiencing challenges in keeping up with the inventory and visibility demands that today’s consumer-centric, competitive retail environment requires. RFID, supported by a multi-layered, flexible…

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