Asset Performance Management (APM)

by   |    |   3 minutes  |  in Applications 9, Asset Intensive, Business Technology, Creativity & Innovation, Strategy

An enterprise asset solution will always be a constituent part of an APM strategy— the key is ensuring it sits at the heart of that vision, not in some peripheral position. According to Gartner, “APM encompasses the capabilities of data capture, integration, visualization and analytics tied together for the explicit purpose of improving the reliability…

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Industry 4.0

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

While Industry 4.0 does revolve around intelligence gathered from a number of places, it spans more than just IoT. Over the past 10 years, 70% of companies on the Fortune 1000 list have vanished. Although this statistic may invoke fear, what it should do is demonstrate the importance of capitalizing on change instead of fearing…

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Prepare to surf a business skills revolution

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Strategy

Prepare to surf a business skills wave to benefit from IoT. Digitization, big data and the Internet of Things (IoT) are creating a big wave of change. However, businesses should be considering their investment in skills and training alongside their investment in technology to maximize the benefits this digital revolution can bring. With technology conducting…

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ENTERPRISE SOFTWARE

by   |    |   3 minutes  |  in Applications 9, Business Agility, Business Technology, Creativity & Innovation

IFS was recently named as one of the 50 Best Companies to Watch in 2016 by The Silicon Review. The Silicon Review recognized IFS’s strengths, such as its global presence, advanced technology, customer success and its many accolades. The recognition as a “company to watch” supports IFS’s continued commitment to customers and innovation in the…

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Damiano Molfetta, the Sauber F1 Team’s Head of Systems Engineering

by   |    |   8 minutes  |  in Business Agility, Business Technology, Creativity & Innovation

Formula 1: The importance of getting the right data at the right time. Followers of this blog will have seen at IFS we’re hot on the topic of the Internet of Things (IoT), and that earlier this year, we announced that IFS is a Principal Partner of the Sauber F1® Team. So in light of…

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IFS Corporate Video

by   |    |   1 minute  |  in Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Creativity & Innovation, Energy and Utilities, Engineering and Infrastructure, Finance, IFS Academy, IFS Labs, Manufacturing, Oil & Gas, Process Manufacturing, Retail, Service Management, Supply Chain

IFS brings customers in targeted sectors closer to their business, helps them be more agile and prepare for what’s next in their industry. What is IFS? That’s a great question with an even better answer. Let’s start from the beginning… The founding of IFS IFS was founded in 1983 by a group of five Linköping…

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Business Innovation

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Strategy

Modern systems and processes can provide an ecosystem where business innovation thrives, and with it, the ‘next big thing’ can be born. Innovative products and services drive growth, therefore, nurturing a company culture that enables and encourages business innovation is a direct investment into future revenues. It is also a significant recruitment and retention tool…

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Predictive Maintenance in Oil & Gas

by   |    |   4 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Oil & Gas, Research

When hype meets reality – that’s when we all need to listen! Working in the software industry, you are constantly challenged to innovate and look into digital opportunities. On one side, there is the hype and on the other, you have your customers asking you to develop. When customer demand intersects with hype, that’s when…

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Construction

by   |    |   4 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Strategy, Supply Chain

While the construction sector’s digital history is weak, new technologies and ways of working are driving the industry to implement more integrated processes and systems. At the end of May, I joined IFS customers, partners and experts from across the UK construction industry at the Institute of Directors to discuss the digital issues currently affecting…

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Supporting next-generation manufacturing with IoT

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing, Strategy

NEC integrates Internet of Things (IoT) capabilities with its Manufacturing Execution System (MES) extension for IFS Applications. Guest Author: Stefan Gustafsson, Managing Director, Japan and South Korea Stefan has more than 20 years of experience with business development, partner strategies, marketing and sales. He has worked with multi-national companies in United States, Europe and Japan, both…

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