The 4 IT trends fueling the oil and gas industry in 2017

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Finance, Oil & Gas, Research, Service Management, Strategy

In an industry where there are still few capital projects being initiated following the 2014 price collapse, and pressure on any new project to deliver cost effectiveness and to stay ahead of schedule, IT is continuing to be a key enabler for upstream oil and gas companies. The industry considers digitalization as the way for…

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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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2017 defense industry trends

by   |    |   6 minutes  |  in Aerospace & Defense, Business Technology, Creativity & Innovation, Strategy

A new wave of technologies and an increase in cyber-based attacks are forcing the defense industry to adapt. While defense budgets are under scrutiny in the West, defense spending is increasing dramatically in the Middle East and Asia-Pacific regions, opening new markets for growth and opportunity. It truly is an industry in flux. Here Graham…

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drone

by   |    |   2 minutes  |  in Applications 9, Business Technology, Creativity & Innovation, Digital Transformation, Energy and Utilities, Events, IFS Labs, Service Management

How IFS Labs connected an actual flying drone to IFS Applications. Digital transformation is a subject that is much spoken of these days. However, digital transformation is not just applying new technologies to do something different from before. It’s about doing what you do today but better. It’s about innovating in new products and services…

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C&C blog post image

by   |    |   5 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Mobility, Strategy

Having a young technology-aware workforce and having someone responsible for managing digital transformation is critical to be a winner in the future. Organizations involved in building and maintaining assets are starting to go through the biggest technological transformation they have ever seen. The changes brought on by this transformation are going to transform the industry…

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