Revolutionizing the commercial aviation industry is possible

by   |    |   3 minutes  |  in Aviation & Defense, Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Research, Strategy

How increasing your digital footprint will help your organization take flight. Every innovative and successful business around the globe focuses on harnessing potential and maximizing efficiencies for sustainable differentiation and business growth. In the competitive and complex world of commercial aviation, this is the priority, along with safety, compliance and customer satisfaction. But can your…

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How businesses truly feel about digital change & transformation

by   |    |   2 minutes  |  in Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Engineering and Infrastructure, Manufacturing, Mobility, Oil & Gas, Research, Service Management, Strategy

Digital transformation can mean different things to different people, making it difficult to know when you have achieved it. However, the answer to this conundrum is that you will never achieve it since it’s constantly evolving. To see what companies are thinking about today in regards to digital transformation and how it is currently being…

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Gartner’s Market Guide for Enterprise Business Process Analysis

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

Why EBPA is a new way to visualize and manage the business in an age characterized by rapid change, including digital transformation. Enterprise business process analysis (EBPA) is more than just another new enterprise software acronym. It is a new way to visualize and manage the business in an age characterized by rapid change, including…

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Disrupting aviation with Blockchain

by   |    |   3 minutes  |  in Aviation & Defense, Business Technology, Creativity & Innovation, Finance, IFS Labs, Research

How through-life asset management can be improved using distributed ledgers throughout the chain. IFS Labs’ research into Blockchain Blockchain is one of the most talked-about and intriguing technologies today. Although first described in 1991, it got its first real implementation and public attention in 2009 as the technology behind Bitcoin. Blockchain or distributed ledgers, in…

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Is your adherence to enterprise asset management excellence really just surface deep?

by   |    |   4 minutes  |  in Asset Intensive, Business Agility, Business Technology, Manufacturing, Oil & Gas, Research, Strategy

Research shows that the fundamentals of asset management and maintenance excellence will remain integral to the optimal performance. Organizations in asset-intensive industries must ensure that their adherence to EAM excellence goes beyond the surface. Enterprise asset management (EAM) excellence can be defined in many ways, but essentially, it is about optimizing the operation of assets…

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Corporate Social Responsibility

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

No time like the present… or maybe tomorrow. Have you seen that comic where a medieval king in full armor turns down a machine gun salesman with the words “No thanks, I have to prepare for battle.”? It’s a nod to all those companies who are too busy doing their day-to-day to plan for the…

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The UK Smart Meter Programme: Meeting the challenges in an evolving market

by   |    |   4 minutes  |  in Business Technology, Energy and Utilities, Research, Strategy, Supply Chain

In the UK, our government has told energy suppliers that they must install smart gas and electricity meters in every home and small business by 2020. The issue here, which is the same for any major project undertaking, is the question of whether this an achievable target and what can be done to mitigate delays,…

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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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