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 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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Podcast

by   |    |   2 minutes  |  in Asset Intensive, Business Technology, IFS Radio Network, Service Management, Strategy

Internet of Things (IoT) is the latest three-letter acronym (TLA) in an industry that loves to come up with new TLAs for use in our prodigious streams of hyperbole-laden marketing collateral. And David Essex of TechTarget, one of the more astute enterprise software journalists out there is not afraid to call a spade a spade….

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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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EAM

by   |    |   2 minutes  |  in Asset Intensive, Energy and Utilities, Mobility, Oil & Gas, Process Manufacturing, Service Management

In the asset-intensive industry, usability is becoming a subject of increasing priority. If we look back at the early days of computerized maintenance management systems (CMMS) in the 1980s, we typically get an image of a few users on a system with green screens. Those few users were not only the experts with such a system,…

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War on Pirates

by   |    |   3 minutes  |  in Asset Intensive, Aviation & Defense, Service Management

Although you may not read about it every day, the war on pirates is an ongoing battle. NATO’s counter-piracy project, Operation Ocean Shield, has been so successful that NATO has just announced that it is extending this into 2016. Operation Ocean Shield encompasses a region of two million square miles across the Gulf of Aden and…

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Industry 4.0

by   |    |   2 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Energy and Utilities

  How do you solve complex asset maintenance issues on-site, without actually being on-site? And if the person with all the knowledge is on the other side of the country, or the world, and you immediately need their assistance to assist you in fault finding at the top of a wind turbine? What then? Well, here…

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