2017 energy & utilities industry predictions

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Energy and Utilities, Mobility, Research, Service Management, Strategy

Changes in consumer demand and new opportunities in renewable energy production are leading energy companies to invest in alternative sources, modernize their infrastructure and seek new revenue streams. This will continue as energy and utility companies come to grips with building smarter infrastructures and integrating powerful new technologies and analytics platforms. Colin Beaney, Global Industry…

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manufacturing industry predictions

by   |    |   7 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

Bridging the skills gap and boosting services will be top priorities for manufacturers in 2017. And IoT? Today, 50% of the costs of IoT projects go on integration. 2017 will see many manufacturers realizing they already have IoT solutions—now they need to integrate them better to leverage the full benefits. Antony Bourne, IFS Global Industry…

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2017 defense industry trends

by   |    |   6 minutes  |  in Aerospace & Defense, Business Technology, Creativity & Innovation, Strategy

A new wave of technologies and an increase in cyber-based attacks are forcing the defense industry to adapt. While defense budgets are under scrutiny in the West, defense spending is increasing dramatically in the Middle East and Asia-Pacific regions, opening new markets for growth and opportunity. It truly is an industry in flux. Here Graham…

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Security hacks and staff availability biggest IT concerns for Christmas

by   |    |   3 minutes  |  in Aerospace & Defense, Asset Intensive, Automotive, 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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Delivering efficiency improvements through GIS integration – The story continues.

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Energy and Utilities, Finance, Mobility, Supply Chain

Earlier, I had blogged about how the investments and efforts we’d made into our GIS integration. And, these investments are beginning to pay dividends for many of our customers. At our recent IFS World Conference in Sweden, one of our regulated water companies presented, “Integrating with Geospatial Tools,” about the improvements and progress they have…

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3 ways the changing field service management landscape is powering servitization

by   |    |   4 minutes  |  in Business Technology, Research, Service Management

On the heels of being shortlisted for Field Service Management by Constellation Research, we explore how field service management has changed with growing demand and the rise of servitization. When I first started working in the field service management (FSM) space seven years ago, the industry landscape looked much different than it does today. Field…

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Go with the flow in the automotive industry

by   |    |   3 minutes  |  in Automotive, Business Technology, Strategy, Supply Chain

Few industries have optimized their business processes to the same extent as the automotive industry. Based on the recommendations of national and international automotive associations, complex supply chain processes have been created which place high demands on the information technology used by the enterprises involved. To be of best possible service, enterprise software should optimize…

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Watch On Demand: 5 Key Trends in Analytics

by   |    |   1 minute  |  in Aerospace & Defense, Asset Intensive, Automotive, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Strategy, Supply Chain

A Business Review webinar with IDC, Microsoft and IFS was held on November 29, 2016. Learn about trends and how Microsoft and IFS create value propositions. Analytics yesterday, today and tomorrow The webinar, 5 Key trends in analytics, was co-presented by IDC, Microsoft and IFS to look at current trends in the market. The presenters…

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Turn yourself into a believer of advanced analytics for oil and gas

by   |    |   2 minutes  |  in Business Technology, Digital Transformation, Oil & Gas, Strategy

Advancements to analytics are making it possible for oil and gas companies to operate like never before. Picture yourself knowing your own equipment very well. You have a long history in understanding the design, the operation, the maintenance, the possible failure and the replacement of the equipment you own and operate. This shouldn’t be too…

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