This will be the year of retailtainment.

by   |    |   7 minutes  |  in Creativity & Innovation, Digital Transformation, Retail, Strategy, Supply Chain

2017 will be a fantastic year for retailers to experiment by trying out new ideas. There’s only one thing they can’t risk—standing still. What’s in store for retail over the coming years? Ulf Tillander, Global Industry Director of Retail at IFS, highlights three trends that will drive the industry in 2017 and beyond. Store as…

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by   |    |   3 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Supply Chain

IFS recently conducted a survey of more than 1,000 IT decision makers from companies in six countries. The survey showed that 76% of respondents have IT concerns over the Christmas period with the three main worries being availability of staff (selected 41% of the time), risk of security hacks (selected 31% of the time), and…

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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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IFS IoT Business Connector

by   |    |   2 minutes  |  in Applications 9, Business Technology, Creativity & Innovation, Digital Transformation, IFS Labs, Service Management, Strategy

How the IFS IoT Business Connector brings together sensor data acquisition, analytics and business process automation. Internet of things – why now? Back in 2012, the Harvard Business Review[1] estimated that 2.5 exabytes of data was being created on a daily basis and, the retail chain Walmart was generating 2.5 petabytes of customer transaction data…

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by   |    |   5 minutes  |  in Events, Manufacturing, Process Manufacturing

  Antony Bourne Global Manufacturing Industry Director If I had a krona for every time anyone mentioned internet of things (IoT) or digital transformation at this conference, I’d be very rich. Is it all hype? No, but it’s not a single step. It’s a journey and evolution. It’s a gradual process and you can decide…

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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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Industry 4.0

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

While Industry 4.0 does revolve around intelligence gathered from a number of places, it spans more than just IoT. Over the past 10 years, 70% of companies on the Fortune 1000 list have vanished. Although this statistic may invoke fear, what it should do is demonstrate the importance of capitalizing on change instead of fearing…

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Prepare to surf a business skills revolution

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Strategy

Prepare to surf a business skills wave to benefit from IoT. Digitization, big data and the Internet of Things (IoT) are creating a big wave of change. However, businesses should be considering their investment in skills and training alongside their investment in technology to maximize the benefits this digital revolution can bring. With technology conducting…

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Damiano Molfetta, the Sauber F1 Team’s Head of Systems Engineering

by   |    |   8 minutes  |  in Business Agility, Business Technology, Creativity & Innovation

Formula 1: The importance of getting the right data at the right time. Followers of this blog will have seen at IFS we’re hot on the topic of the Internet of Things (IoT), and that earlier this year, we announced that IFS is a Principal Partner of the Sauber F1® Team. So in light of…

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Predictive Maintenance in Oil & Gas

by   |    |   4 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Oil & Gas, Research

When hype meets reality – that’s when we all need to listen! Working in the software industry, you are constantly challenged to innovate and look into digital opportunities. On one side, there is the hype and on the other, you have your customers asking you to develop. When customer demand intersects with hype, that’s when…

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