5 Key trends in analytics

by   |    |   2 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, Retail, Service Management, Strategy, Supply Chain

Microsoft, IFS and IDC provide expert advice on how to make the most of big data and analytics today—and tomorrow. WEBINAR: 5 KEY TRENDS IN ANALYTICS Tuesday, November 29, 2016 3 PM London / 10 AM New York Microsoft, IFS and IDC provide new information and insight on big data and analytics. REGISTER NOW >…

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Strategic HR

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

The responsible creation of long-term value in business is the cornerstone of a successful business leader. With the quickening pace of technological advancement, you may be forgiven for thinking that value can be added just by purchasing the right tech. Yet, it is, and will always be the skill and will of human capital who…

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IFS IoT Business Connector

by   |    |   2 minutes  |  in Applications 9, Business Technology, Creativity & Innovation, Digital Transformation, IFS Labs, Service Management, Strategy

How the IFS IoT Business Connector brings together sensor data acquisition, analytics and business process automation. Internet of things – why now? Back in 2012, the Harvard Business Review[1] estimated that 2.5 exabytes of data was being created on a daily basis and, the retail chain Walmart was generating 2.5 petabytes of customer transaction data…

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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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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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Staff objectives

by   |    |   3 minutes  |  in Business Technology, Finance, Strategy

Staff objectives are too important for an annual appraisal. A strategy may be written by the board, but it should be delivered by the staff, visibly monitored and incentivized through their objectives. In the world of Human Resources (HR), objectives are probably one of the most underutilized strategy tools. Objectives are often brought out only…

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Sauber F1 Team proves that speed and environmental responsibility can coexist

by   |    |   4 minutes  |  in Business Technology, Strategy

Formula 1 may not be the obvious place to start looking for environmental responsibility, but the Sauber F1® Team has made carbon neutrality a core deliverable since 2011. At the beginning of 2016, IFS became a Principal Partner of the Sauber F1 Team, a relationship based on three shared values: a commitment to innovation, valuing…

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Corporate Social Responsibility

by   |    |   3 minutes  |  in Finance, Strategy

Enhancing Corporate Social Responsibility makes a business more valuable for investors, more responsible for communities and more accountable globally. Round-up This concise summary of my discussion topics for Q2 2016 accommodates all three blogs from the quarter. From the Tuck-in section, you can access this quarter’s blogs directly or catch up on all the salient…

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