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

IFS’ first customer was a nuclear power plant. And anyone who works for or is close to IFS will have heard the story about how the company’s earnest, diligent founders pitched a tent on the grounds of that plant so they could work double shifts and complete the computerized maintenance management system (CMMS) on schedule….

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by   |    |   4 minutes  |  in Asset Intensive, Construction and Contracting

As the global energy sector reconsiders the place of nuclear in the power generation portfolio, all eyes ought to be on the recent deal to construct the United Kingdom’s first new nuclear plant in decades, especially after analysts at stockbroker Liberum Capital said government commitments to French company EDF will make Hinkley Point the most…

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by   |    |   1 minute  |  in Asset Intensive, Service Management, Strategy

According to maintenance and reliability guru Carlo Odoardi, the primary barrier to successful enterprise asset management (EAM) software and reliability centered maintenance (RCM) implementations is not technology. The main barrier is people and the corporate culture they operate in. In this month’s interview segment of the IFS Radio Network, Odoardi, a managing consultant with Conscious…

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by   |    |   3 minutes  |  in Asset Intensive, Construction and Contracting

What do you need to know in order to be building information modeling (BIM) compliant? Do you need to invest in new IT Infrastructure? IFS and Construction News are hosting a roundtable event in the Gherkin, London November 28th to discuss these and many more questions surrounding BIM. Private and public project owners alike are…

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by   |    |   1 minute  |  in Asset Intensive, Business Technology, Energy and Utilities, IFS Radio Network, Service Management

This podcast discusses IFS’s recognition as a Visionary in the Gartner Magic Quadrant for two types of software in the energy and utility industry. In this month’s IFS Radio Network news segment, Senior Advisor for Enterprise Asset Management (EAM), Stefan Pervik, discusses IFS Applications’ recognition as Visionary in the Gartner Magic Quadrant for two types…

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by   |    |   3 minutes  |  in Asset Intensive, Aviation & Defense, Business Technology, Construction and Contracting, Creativity & Innovation, Oil & Gas, Process Manufacturing

Reliability Centered Maintenance (RCM) is viewed as one of the key methods allowing maintenance engineers to do more with less at the same time as minimizing risk. RCM provides a greater understanding of the level of risk that an organization is currently managing, as well as supporting the establishment of capital maintenance regimes, thereby increasing cost effectiveness and equipment uptime. Implementing an RCM solution is not necessarily a complex or procedure – particularly if an organization follows seven easy steps…

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by   |    |   3 minutes  |  in Asset Intensive

When the industrial revolution came to the paper manufacturing industry in the early 1900’s no one could have envisioned how quickly we would progress to a fully automated production environment with supply chains of raw material and finished goods so optimized that the actual production became a mere supporting activity. We have evolved efficiency in…

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