Here's what's causing the oil and gas industry to change

by   |    |   2 minutes  |  in Digital Transformation, Events, Oil & Gas

The most aggressive companies are racing to be leaders of the oil and gas industry’s new playing field. Last month I attended Subsea Valley Conference 2016; a conference that gathers the subsea cluster in what we call “engineering valley” outside Oslo. I was expecting doom and gloom sessions mirroring the depressed investment climate of the…

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by   |    |   3 minutes  |  in Business Technology, Oil & Gas, Strategy

Floating production, storage & off-loading (FPSO) ERPs require companies to consider a unique set of system capabilities when selecting software. At the Annual FPSO Europe Congress in London last week, it seemed “everyone” agreed that costs needed to go another 20-30% lower in order to get new FPSO projects sanctioned. Over the past two years, we…

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by   |    |   4 minutes  |  in Oil & Gas, Strategy

Low oil prices make it a top priority to reassess all conventional ways of conducting business. While an ERP strategy leads to significant cost savings, it’s still considered complex and time-consuming rather than beneficial by some Oil & Gas companies. The fact is, this used to be true, but when focusing on best practices and…

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by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Oil & Gas, Strategy, Supply Chain

In 2016, the oil and gas industry will jump on the opportunity that big data presents. In 2016, the oil and gas industry will jump on the opportunity that big data presents: machine-learning strategies will become ubiquitous as oil and gas companies start rolling out condition-based maintenance; meanwhile equipment suppliers will move increasingly to a…

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by   |    |   2 minutes  |  in Business Agility, Oil & Gas

Now, only six months after the contract was signed, Yinson’s IFS industry solution has been implemented at the company’s locations in those two countries. Yinson Holdings Berhad is a Malaysian offshore support and logistics company. In March of 2015, we announced that Yinson had chosen IFS Applications to enhance EPCI project control and improve its…

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IFS Podcast

by   |    |   0 minutes Less than a minute  |  in Business Technology, Energy and Utilities, IFS Radio Network, Mobility, Oil & Gas, Service Management

Slap on those earbuds, hit play, and get the latest on what IFS has going on in these exciting industries! IFS Applications is a better choice than competing enterprise software products for project-based, service-focused and asset-centric industries. In this month’s episode of the IFS Radio Network podcast series, we review recent customer news in sectors…

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