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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Construction industry trends

by   |    |   7 minutes  |  in Business Technology, Construction and Contracting, Research, Strategy

Huge tower blocks built in weeks under one roof… automated bridge-building behemoths… bricklaying robots… No, it’s not science fiction. These are all real solutions doing here-and-now-business. And soon there will be more. So what are the big construction trends in Europe, the US and Asia, and how can we turn them from opportunities into business…

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The 4 IT trends fueling the oil and gas industry in 2017

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Finance, Oil & Gas, Research, Service Management, Strategy

In an industry where there are still few capital projects being initiated following the 2014 price collapse, and pressure on any new project to deliver cost effectiveness and to stay ahead of schedule, IT is continuing to be a key enabler for upstream oil and gas companies. The industry considers digitalization as the way for…

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Data and electric driving automotive in new directions in 2017

by   |    |   7 minutes  |  in Automotive, Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Research, Strategy, Supply Chain

The race to integrate new, lightweight materials into mainstream models will intensify, decades-old production processes will need to be transformed and China will grow its lead in electric vehicle (EV) production. Automotive competition in 2017 will be fierce—but will come from unexpected directions. Stefan Issing, Global Industry Director for Automotive at IFS, predicts that these…

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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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Security hacks and staff availability biggest IT concerns for Christmas

by   |    |   3 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, 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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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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Watch On Demand: 5 Key Trends in Analytics

by   |    |   1 minute  |  in Asset Intensive, Automotive, Aviation & Defense, 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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Advanced Analytics for the Service Industry

by   |    |   5 minutes  |  in Business Technology, Digital Transformation, Research, Service Management, Strategy

When used in the right way, data collection and analytics can optimize operations and enhance service delivery to deliver a clear competitive edge. It isn’t a new revelation that being a data-driven organization can mean the difference between owning market share and being a laggard. But for service organizations globally, this resonates at an even…

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