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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drilling contractors

by   |    |   4 minutes  |  in Applications 9, Business Agility, Business Technology, Events, Oil & Gas

IADC brings together leading drilling contractors to discuss industry challenges around reliability and asset integrity in the dynamic environment of onshore and offshore drilling. This week, some of the leading global onshore/offshore drilling organizations and contractors converged in Houston, Texas for the 2016 IADC Asset Integrity & Reliability Conference. Facing a dynamically changing world and…

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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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Oil & Gas Industry Podcast on Digital Transformation

by   |    |   2 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, IFS Radio Network, Oil & Gas

IFS Radio Network podcast: The topic of digital transformation may not have meant anything to the oil and gas industry three years ago, but today it’s a fact of life. We hear the term “Digital Transformation” being talked about quite a bit by the press. It’s something that is affecting companies in every industry, regardless…

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Here's what's causing the oil and gas industry to change

by   |    |   2 minutes  |  in Digital Transformation, Events, Oil & Gas

The most aggressive companies are racing to be leaders of the oil and gas industry’s new playing field. Last month I attended Subsea Valley Conference 2016; a conference that gathers the subsea cluster in what we call “engineering valley” outside Oslo. I was expecting doom and gloom sessions mirroring the depressed investment climate of the…

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by   |    |   3 minutes  |  in Business Technology, Oil & Gas, Strategy

Floating production, storage & off-loading (FPSO) ERPs require companies to consider a unique set of system capabilities when selecting software. At the Annual FPSO Europe Congress in London last week, it seemed “everyone” agreed that costs needed to go another 20-30% lower in order to get new FPSO projects sanctioned. Over the past two years, we…

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by   |    |   4 minutes  |  in Oil & Gas, Strategy

Low oil prices make it a top priority to reassess all conventional ways of conducting business. While an ERP strategy leads to significant cost savings, it’s still considered complex and time-consuming rather than beneficial by some Oil & Gas companies. The fact is, this used to be true, but when focusing on best practices and…

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by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Oil & Gas, Strategy, Supply Chain

In 2016, the oil and gas industry will jump on the opportunity that big data presents. In 2016, the oil and gas industry will jump on the opportunity that big data presents: machine-learning strategies will become ubiquitous as oil and gas companies start rolling out condition-based maintenance; meanwhile equipment suppliers will move increasingly to a…

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by   |    |   2 minutes  |  in Business Agility, Oil & Gas

Now, only six months after the contract was signed, Yinson’s IFS industry solution has been implemented at the company’s locations in those two countries. Yinson Holdings Berhad is a Malaysian offshore support and logistics company. In March of 2015, we announced that Yinson had chosen IFS Applications to enhance EPCI project control and improve its…

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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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