Servitization in the commercial aviation and defense industry

by   |    |   5 minutes  |  in Aviation & Defense, Digital Transformation, Research, Strategy

How servitization has affected change in the industry and what’s next for businesses. Tim Baines of Aston Business School will tell you that Rolls-Royce was one of the first to do it, with their ingenious “Power by the Hour” program. But what exactly is “it” that they are doing? Probably best known as performance-based logistics…

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How to use advanced analytics to benefit from your big data

by   |    |   2 minutes  |  in Applications 9, Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Finance, IFS Labs, IFS Radio Network, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Strategy, Supply Chain

IFS Radio Network podcast: How IT professionals and business leaders can use and benefit from the game-changing power of advanced analytics. It has been reported by the International Data Corporation (IDC) that the market for worldwide business analytics and big data technology services will grow to a whopping $200 billion by 2020. But why? And what does…

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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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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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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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IFS makes Silicon Review’s 50 Best Workplaces of the Year

by   |    |   4 minutes  |  in Applications 9, Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Energy and Utilities, Engineering and Infrastructure, Finance, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Supply Chain

At IFS, we often talk about providing enterprise software to customers to help them get closer to their business as well as making them agile so they can rapidly capitalize on change. This statement is meant to stimulate support and ongoing commitment and serves as a cornerstone for IFS. Because this statement resonates with employees,…

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Key takeaways from the NRF Big Show 2017

by   |    |   5 minutes  |  in Events, Research, Retail, Strategy

Returning home from my third NRF Big Show 2017, I feel a sense of urgency for continued evolution (rather than revolution…) for retailers to drive better and sounder offerings to us as consumers. Someone stated (I believe it was RSR Research) that one need to adhere to the continued drive for customer experience, using all…

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Planning methods: Which method is recommended for your manufacturing business?

by   |    |   6 minutes  |  in Business Technology, Manufacturing, Research, Strategy

Jakob Björklund, Senior Advisor IFS R&D, and Mats Johansson, Product Architect CPIM IFS R&D, provide a brief overview of the various planning methods available to manufacturers and when they are considered most useful. This blog post was co-authored by Jakob Björklund, Senior Advisor IFS R&D, and Mats Johansson, Product Architect CPIM IFS R&D. A modern enterprise…

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2017: Sustainable strategies or volatile velocity — which will it be?

by   |    |   7 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Finance, Research, Strategy

Remember ‘business as usual’? For many, it seems lifetimes ago. 2016 was one of the most volatile socio-political years in living memory. Literally, overnight some of the world’s most permanent trading blocs suddenly felt precarious. If 2016 taught us anything, it was that anything can happen—and probably will. The only sure-fire prediction for 2017 has…

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