IFS & innovation comes together at EUW 2017

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Energy and Utilities, Events, Service Management

A recap of the European Utility Week 2017 (EUW 2017) event and more. It’s now been just over a few weeks since we took a stand at the European Utility Week event in Amsterdam. The theme of our booth was aligned with our global Industry Experts campaign and was a look back at the original founders…

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Two very important things your enterprise software should be able to do

by   |    |   3 minutes  |  in Business Agility, Business Technology, Energy and Utilities, Mobility

Partnering, collaboration and a rapid implementation – what more could a utility organization want from enterprise software? Clearly, the answer to that is lots of things. However, the point I am trying to make here is that if you procure either an enterprise business application or a point solution for a specific business need, you…

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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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The UK Smart Meter Programme: Meeting the challenges in an evolving market

by   |    |   4 minutes  |  in Business Technology, Energy and Utilities, Research, Strategy, Supply Chain

In the UK, our government has told energy suppliers that they must install smart gas and electricity meters in every home and small business by 2020. The issue here, which is the same for any major project undertaking, is the question of whether this an achievable target and what can be done to mitigate delays,…

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2017 energy & utilities industry predictions

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Energy and Utilities, Mobility, Research, Service Management, Strategy

Changes in consumer demand and new opportunities in renewable energy production are leading energy companies to invest in alternative sources, modernize their infrastructure and seek new revenue streams. This will continue as energy and utility companies come to grips with building smarter infrastructures and integrating powerful new technologies and analytics platforms. Colin Beaney, Global Industry…

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Delivering efficiency improvements through GIS integration – The story continues.

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Energy and Utilities, Finance, Mobility, Supply Chain

Earlier, I had blogged about how the investments and efforts we’d made into our GIS integration. And, these investments are beginning to pay dividends for many of our customers. At our recent IFS World Conference in Sweden, one of our regulated water companies presented, “Integrating with Geospatial Tools,” about the improvements and progress they have…

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Asset Management

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Strategy

Back in October at IFS World Conference 2016, some delegates from William Grant & Sons explained their asset management journey from a primarily reactive maintenance situation to a far more proactive mindset. AMIS is the Asset Management Information Service they used to assess their performance. Today, that journey has obviously not stopped and the company…

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by   |    |   3 minutes  |  in Applications 9, Asset Intensive, Business Technology, Creativity & Innovation, Strategy

An enterprise asset solution will always be a constituent part of an APM strategy— the key is ensuring it sits at the heart of that vision, not in some peripheral position. According to Gartner, “APM encompasses the capabilities of data capture, integration, visualization and analytics tied together for the explicit purpose of improving the reliability…

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by   |    |   3 minutes  |  in Asset Intensive, Business Technology

Do you know which four features to look for when evaluating asset-intensive software? As I mentioned back in June of 2015 when referencing the Imerys’ fantastic achievements within mining, the foundations that could equally be applied when selecting a software product for your asset-intensive business are agility and flexibility. Therefore, when evaluating a product/vendor, it…

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by   |    |   2 minutes  |  in Asset Intensive, Business Agility, Business Technology

An Enterprise Asset Management application that will flex and adjust to your evolving business during this age of digital transformation is an absolute must. I was recently lucky enough to attend the ARC Conference in Orlando, Florida where they discussed some of the main topics concerning the transition of the asset and infrastructure industries and how…

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