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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Asset Performance Management (APM)

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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Asset-Intensive Mining

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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The Journey from Predictive to Prescriptive Maintenance

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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Green Technology

by   |    |   5 minutes  |  in Business Agility, Business Technology, Energy and Utilities, Strategy

The Internet of Things really is here, so set your strategy now. But what must energy and utility companies do in order to seize this opportunity? At a recent ARC Industry Forum, the evidence was all around me. From tram doors in Oslo to the CERN Large Hadron Collider in Switzerland to healthcare clinics in the…

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Brierty

by   |    |   2 minutes  |  in Asset Intensive, Business Agility, Construction and Contracting

Responding to evolving asset-intensive business and market demands was the primary driver behind a far-reaching decision by publicly-listed Australian mining and civil construction company, Brierty, to embrace IFS Applications as its enterprise-wide enterprise resource planning (ERP) system to help the company become an agile business. From its base in Perth, Australia, Brierty provides civil construction,…

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asset and project lifecycle management

by   |    |   1 minute  |  in Asset Intensive, Business Agility

According to research from PwC, global capital project and infrastructure spending will exceed $9 trillion by 2025. Within asset-intensive sectors like mining, ports, refining, chemical, heavy metals, and pulp and paper, the investment in a new plant is expected to double to nearly $2 trillion in the same timeframe. These new assets should hopefully be…

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