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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by   |    |   3 minutes  |  in Manufacturing

More and more we see the need to manage project resources as an important requirement in ERP software RFIs from manufacturers for OEMs. This suggests OEMs are pushing down more of the project accounting requirements on their vendors. Resource forecasting, labor hour scheduling and resource allocation insight is necessary for sound manufacturing project management, but…

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Worker performing test on machinery

by   |    |   4 minutes  |  in Automotive, Creativity & Innovation, Digital Transformation

The penalties for poor maintenance can be high—in energy production, loss of revenue and component costs, as well as fines levied for non-delivery. But contrast this with time and/or operation count-based maintenance where a piece of equipment gets maintained whether it needs it or not. This is labor intensive and ineffective in identifying problems that…

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Aircraft maintenance workers servicing airplane engine

by   |    |   3 minutes  |  in Aerospace & Defense, Creativity & Innovation

Augmented and virtual reality seem to have existed as buzzwords in lots of industries over recent years—but real-life business use cases have been relatively slow to emerge. Sure, they have proved popular for gamers across the world, but the technology has now taken a step out of the living room and onto the tarmac in…

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by   |    |   4 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Artificial intelligence (AI). Internet of Things (IoT). Augmented reality (AR). These are the technologies companies in the industries IFS serves want to implement because they can transform their businesses. These two- and three-letter acronyms (TLAs) are what most of us think about when someone utters the words ‘digital transformation’. While AI, IoT and AR are…

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by   |    |   3 minutes  |  in Creativity & Innovation

We’ve all heard the promises of efficiency improvements and digital transformation made possible by adopting internet of things (IoT) technologies. This assumes, of course, that the observations coming out of the IoT monitoring system are actually correct. No, this blogpost is not about tampering or other cybersecurity concerns—although that topic would be worth a blogpost…

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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…

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aircraft in hanger receiving efficient maintenance

by   |    |   4 minutes  |  in Aerospace & Defense, Service Management

The global aviation market may have just experienced its most profitable period ever. Yet, with mega airline mergers and acquisitions and the increased proliferation of low-cost carriers on both short- and long-haul flights, airlines are now having to focus their efforts on their bottom line – and that means their core business processes. One of…

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by   |    |   2 minutes  |  in Uncategorized

National Ice Cream Month just became the most celebrated unofficial food holiday to dot the IFS calendar. Arriving at the peak of summer, we celebrated one of the world’s greatest inventions—apart from IFS enterprise software of course. Several of our offices got involved by hosting ice cream events, ice cream trivia and even customer spotlights…

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by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation

Predictions vary about when emergent technologies will become a reality. Can taking a look at the past provide insight into what’s next? No matter where you look there are predictions on when technologies such as artificial intelligence, augmented reality and driverless cars will become a reality and commonplace in our lives. Many pundits fall back…

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