Turn yourself into a believer of advanced analytics for oil and gas

by   |    |   2 minutes  |  in Business Technology, Digital Transformation, Oil & Gas, Strategy

Advancements to analytics are making it possible for oil and gas companies to operate like never before. Picture yourself knowing your own equipment very well. You have a long history in understanding the design, the operation, the maintenance, the possible failure and the replacement of the equipment you own and operate. This shouldn’t be too…

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Improving operational availability in civil aviation and defense with advanced analytics

by   |    |   2 minutes  |  in Aviation & Defense, Business Technology, Digital Transformation, Strategy

The growing interest in digital transformation can be seen through the increased use of advanced analytics. A recent survey by Accenture found that 80% of aerospace and defense (A&D) executives acknowledge that digital transformation can benefit forecasting, integration across operations and the collaboration with both suppliers and their organizations. What this means for defense organizations…

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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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Omni-channel: A question of “How?”

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

For retailers, being able to deliver, and keep delivering, is at the heart of omni-channel success. But delivering has never been more complex. Getting the right products to the right person at the right time means planning and integrating complex, multiple, often global functions and channels – all in real time. All omni-channel experiences make…

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Advanced analytics and digital transformation – is this a game changer for the construction and infrastructure industry?

by   |    |   3 minutes  |  in Construction and Contracting, Digital Transformation, Research, Strategy

87% of enterprises believed that big data/analytics will change the competitive landscape of their industries within three years. The data-driven, digital asset lifecycle is causing huge disruption for organizations in the construction and contracting industry. I predict that the companies that adopt these new technologies will be the winners of the future. Ignoring these trends…

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Asset Management

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Strategy

Back in October at IFS World Conference 2016, some delegates from William Grant & Sons explained their asset management journey from a primarily reactive maintenance situation to a far more proactive mindset. AMIS is the Asset Management Information Service they used to assess their performance. Today, that journey has obviously not stopped and the company…

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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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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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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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