The servitization of the oil and gas service industry

by   |    |   5 minutes  |  in Business Agility, Business Technology, Digital Transformation, Oil & Gas, Research, Service Management, Strategy

Oil and gas organizations are embracing servitization and leveraging technology to increase profit margins and core service offerings. In general, as the macroeconomic situation takes a turn for the worse in a given industry, changes are bound to happen at a faster pace than when times were good. A new and leaner industry will certainly…

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preventative maintenance software

by   |    |   5 minutes  |  in Business Agility, Business Technology, Digital Transformation, Mobility, Service Management

Every business and industry love using abbreviations and acronyms. Some are more memorable than others are, and there is one I was told early in my career that has stuck with me: the five Ps. The 5 Ps: Proper Preparation Prevents Poor Performance Writing these words instantly takes me back to a time when management…

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Q&A with Stefan Issing: How automotive companies are managing IoT

by   |    |   6 minutes  |  in Automotive, Business Technology, Events, Strategy

Stefan Issing, Global Automotive Industry Director at IFS, answers questions from Automotive Industry Magazine on “ERP systems in IoT environments” while attending CeBIT 2017. The Internet of Things (IoT) and the complete digitalization of economic sectors create a ton of so-called “big data,” but this huge amount of data must be analyzed. One of the…

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Data scientists: the who, why and how

by   |    |   5 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Research, Strategy

Not enough is currently being done to create and nurture the talents required to create a pool of data scientists. As manufacturing becomes increasingly digitized, the need for well-trained, capable data scientists will only increase. As an industry, manufacturing has come a long way in embracing new technologies such as big data, the internet of…

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mobile applications for field service management

by   |    |   5 minutes  |  in Business Technology, Mobility, Service Management, Strategy

A mobile application that’s configured to your business needs may be exactly what your field technicians need so that they’re more productive. Let’s face it, your field technicians need to generate revenue. To generate revenue, you need to get the right technicians to a customer site as quickly as possible—and with the right parts necessary…

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offshore maintenance

by   |    |   1 minute  |  in Asset Intensive, Business Technology, Oil & Gas, Strategy

What is it really about? Getting on the bandwagon or actually optimizing operational performance? Asset performance management (APM) has become a popular buzzword for anything that helps asset-intensive organizations to get the most value out of their costly equipment investments. To enable an APM strategy, you really need to understand your underlying cost structures and…

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Fire up your digital transformation and increase profitability 26% using a connected strategy

by   |    |   3 minutes  |  in Business Technology, Digital Transformation, Events, Finance, Research, Strategy

At the 2017 IDC Directions event in Boston, the full potential for businesses who adopt (and have adopted) digital transformation was laid bare for all to see. But for me, the question is more how you may deploy it rather than whether you should, and for that, I believe what is required is a ‘connected…

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4 reasons you might be avoiding IoT-themed blogs like this one

by   |    |   6 minutes  |  in Applications 9, Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Energy and Utilities, Engineering and Infrastructure, IFS Labs, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Supply Chain

With so much information about IoT out there, you may feel reluctant about reading this blog post – but don’t. This is one you’ll be happy you read. Do you remember where you were or what you were doing the first time the term ‘Internet of Things’ caught your attention? I do. I was sitting…

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Supply & Demand Chain Executive magazine’s Pros to Know awards program

by   |    |   3 minutes  |  in Business Technology, Manufacturing, Supply Chain

It comes as no surprise to anyone in the IFS family that once again, IFS Senior Advisor Bill Leedale has been recognized by Supply & Demand Chain Executive magazine’s Pros to Know awards program. This is not his first turn at the winner’s podium either. Leedale is a fixture on this list of experts, as well he should be….

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