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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New IFS website

by   |    |   2 minutes  |  in Asset Intensive, Energy and Utilities, Oil & Gas

The publication of the Gartner Magic Quadrant for Energy and Utilities Enterprise Asset Management Software reflects the huge investment we have made in specific industry functionality within our core product, IFS Applications. We believe that by showcasing IFS as the only ‘Challenger’ in this year’s MQ, Gartner have validated what we can offer to our customers in the energy, utilities, oil and gas industries: a deep breadth of functionality that can be successfully deployed in all sub-sectors of that market.

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by   |    |   2 minutes  |  in Energy and Utilities

The energy and utilities sector has seen massive change over the past 20 years. Major growth has been spurred on by global investment and a growing demand for clean, smart and traceable energy. However, as I discussed in Energy Management, one of the most significant transformations is the role of the energy customer. Gone are…

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by   |    |   2 minutes  |  in Asset Intensive, Business Agility, Energy and Utilities

Solar power for the generation, storage and re-use of energy is one hot topic at the moment. Along with other renewable technologies the planned move to a clean power economy by countries like the USA and China has to be embraced and applauded. What will be needed in this drive, though, is new/enhanced infrastructure, new…

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

Responding quickly to change in your business and in your market is something every company wants to achieve, and is often regarded as a hallmark of being agile. The ability to be truly agile, though, requires a combination of vision, knowledge and flexibility that embraces sound business leadership, clear business processes and an effective technical…

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energy and utilities industry

by   |    |   2 minutes  |  in Energy and Utilities

Energiforum is an opportunity for IFS customers in the energy and utilities industry to meet, exchange ideas and hear about each other’s future plans. With approaching 80 attendees, the Energiforum 2015, held early this year in the Clarion Hotel & Congress Airport, was as always a lively affair. New and mature IFS customers plus software…

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by   |    |   2 minutes  |  in Energy and Utilities, Events

Today at ARC Industry Forum in Orlando, Florida, we’ve announced a “plug-and-play” version of IFS CPM (corporate performance management), for companies in the Power Generation sector. In today’s fast changing world, business intelligence (BI) is not enough. It’s clear the energy and utilities sector transformation has been a significant reality over the past 20 years: huge global…

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EAM

by   |    |   3 minutes  |  in Asset Intensive, Automotive, Manufacturing, Oil & Gas, Process Manufacturing

Data collected from production and better collaboration between the various parts of an organization can lead to fewer disruptions, increased utilization of manufacturing resources and more efficient planning. So says one of the founders of IFS, Ulf Stern, in an article published in Sweden’s Dagens Industri journal in November. What he was saying was that…

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Energy Industry

by   |    |   4 minutes  |  in Asset Intensive, Energy and Utilities

One of the more interesting pieces of news that came out this week is that the two biggest economies in the world have for the first time agreed targets to reduce Carbon Emissions. As reported in the NY Times and quoting David B. Sandalow, “For the world’s biggest emitters to be coming together and announcing…

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