by   |    |   3 minutes  |  in Energy and Utilities

In these turbulent times who can really tell if the oil price recovery can be sustained, with sanctions, on-going trade wars, natural disasters and confusion around government policy concerning the off-shore industry’s long-term viability? What we do know is that companies operating in this sector today need to be ever more efficient and aware of…

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by   |    |   3 minutes  |  in Digital Transformation, Energy and Utilities, Mobility

To deliver in the new energy paradigm, suppliers need to focus on two key areas – technology and service provision. The energy market is being disrupted and transformed around the world. According to a recent foreword in the Global Innovation Index Report “Innovation lies at the core of any solution to the challenges facing our…

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Three challenges of delivering smart meter programs

by   |    |   3 minutes  |  in Creativity & Innovation, Energy and Utilities, Strategy

Three of the many challenges facing organizations that helping to deliver smart meter programs around the globe. In many parts of the world, smart meter installations have been around for some time, and in some countries, second or third generation devices are now being fitted. According to Metering and Smart Energy International, over the next…

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production et de distribution d’énergie

by   |    |   5 minutes  |  in Energy and Utilities

Renewables, smart homes, artificial intelligence (AI) and the Internet of Things (IoT) will have a massive impact on how energy companies need to address the market in 2018, predicts Colin Beaney, IFS’s Global Industry Director for Energy & Utilities. Trend #1 Renewables hot up—global capacity will double over the next 10 years Every year we’re…

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IFS & innovation comes together at EUW 2017

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Energy and Utilities, Events, Service Management

A recap of the European Utility Week 2017 (EUW 2017) event and more. It’s now been just over a few weeks since we took a stand at the European Utility Week event in Amsterdam. The theme of our booth was aligned with our global Industry Experts campaign and was a look back at the original founders…

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Two very important things your enterprise software should be able to do

by   |    |   3 minutes  |  in Business Agility, Business Technology, Energy and Utilities, Mobility

Partnering, collaboration and a rapid implementation – what more could a utility organization want from enterprise software? Clearly, the answer to that is lots of things. However, the point I am trying to make here is that if you procure either an enterprise business application or a point solution for a specific business need, you…

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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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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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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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