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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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, Service Management, 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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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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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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6 business benefits of Blockchain

by   |    |   4 minutes  |  in Business Technology, Finance, Strategy

Blockchain was born to provide legitimacy to its Bitcoin master after the financial cataclysm of 2008. At its heart is a rebellious disdain for central authoritative control, offering instead a decentralized network of self-compliance and regulation. But the servant has become the master, offering business benefits not envisaged during its conception. In fact, it’s nothing…

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IIoT

by   |    |   5 minutes  |  in Asset Intensive, Aviation & Defense, Business Technology, Creativity & Innovation, Events, Manufacturing, Process Manufacturing

Enjoying a front row seat as the industrial internet of things (IIoT) turns into a practical reality via tech transfer. When it comes to ensuring economic growth and development, there are few better places to invest than academic research. The annual AUTM Licensing Activity Survey, which reports on private sector licensing of intellectual property originating…

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Is IT policy a speed bump on the way to EAM software mobility?

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

What is keeping you from the benefits of mobile enterprise asset management in your plant? As Plant Services magazine contributor Sheila Kennedy points out, it was not long ago that maintenance technicians would print work orders, complete tasks and then, at the end of their shift, enter the details on work performed, parts consumed and…

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offshore maintenance

by   |    |   1 minute  |  in Asset Intensive, Business Technology, Oil & Gas, Strategy

What is it really about? Getting on the bandwagon or actually optimizing operational performance? Asset performance management (APM) has become a popular buzzword for anything that helps asset-intensive organizations to get the most value out of their costly equipment investments. To enable an APM strategy, you really need to understand your underlying cost structures and…

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