by   |    |   5 minutes  |  in Creativity & Innovation, Digital Transformation

“AI” is one of the most overused technology buzzwords of the last 2-3 years.  But the term is not going anywhere, so I’d like to make a plea on behalf of the weary: when talking about AI, don’t stop the conversation at ‘shiny new technology’.  Instead, continue to shift the AI conversation: why consider investing…

Read more

Island

by   |    |   2 minutes  |  in Manufacturing

As manufacturers face a customer that increasingly demands sound, eco-friendly products , they are increasingly looking at how they can become a smarter, greener producer and how they can track and document their environmental initiatives. The United Nations define ‘sustainable manufacturing’ as a form of manufacturing development that meets the needs of the present without…

Read more

by   |    |   4 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Transform Your Business

Businesses are constantly told they will go broke if they do not digitally transform and quickly, but for manufacturers it’s not quite as simple. If production goes down even for a day, the impact can be irreversible, with potentially millions in revenue lost. From an ergonomic, economic and environmental perspective, smart factories are heralded as…

Read more

How much do you think it will cost? Bidding and estimating

by   |    |   2 minutes  |  in Manufacturing

“How much do you think it will cost?” This is often a common question a manufacturer will ask themselves when developing new products and something that we as a manufacturing solutions provider we can help answer. When I go and see companies that aren’t using IFS solutions, one of the issues that they raise is…

Read more

Fabrication : développer une culture d’entreprise adéquate pour tirer profit de la servicisation

by   |    |   2 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Strategy

Businesses looking to differentiate themselves in the industrial manufacturing industry should consider combining traditional products with new services (servitization). By learning how to derive value from servitization, manufacturers can rise above the competition. Manufacturers today live in a very competitive, price sensitive and crowded world. Today’s companies that operate in developed economies can no longer…

Read more

How oil companies can adjust their business to a period of recovery

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Oil & Gas, Research, Strategy

The oil and gas industry is recovering, but companies need to deal with a new reality where a lot of the former experience, knowledge and skills no longer remain. The upstream oil industry was severely damaged by the collapse in oil prices. The crisis began in 2014 when oil prices started to drop, and this…

Read more

2018 manufacturing industry trends

by   |    |   7 minutes  |  in Manufacturing, Research, Strategy

The Internet of Things (IoT) being built into the product design, manufacturers adopting a more service-centric business model and 3D printing reaching the tipping point of realizing business benefits on a large scale. These are the three game-changing predictions that Antony Bourne, Global Industry Director of Industrial and High-tech Manufacturing at IFS, outlines for 2018….

Read more

How the manufacturing industry is using technology to increase efficiency

by   |    |   3 minutes  |  in Manufacturing

Manufacturers are looking to Smart Manufacturing (US term) and Industry 4.0 (European term) to embrace the benefits of digital technology. Smart Manufacturing/Industry 4.0 is now a common term that has been used over the past few years which covers all the latest digital technology that is now available to the manufacturing world. Therefore, as an…

Read more

Expert advice on how oil and gas companies can increase efficiency

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

In the oil and gas industry, efficiency has, and always will be at the forefront of what asset owners and operators focus on. However, this always has to be done in a way that does not increase risk, which based on events over the past few years has not always been the case. One of…

Read more

How businesses truly feel about digital change & transformation

by   |    |   2 minutes  |  in Aerospace & Defense, Automotive, 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…

Read more