Artificial Intelligence

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, IFS Labs, Service Management

In the previous blogs, I have been talking about what artificial intelligence (AI) is and some of the hype and myths behind it. One of the observations was that for me, for IFS, AI is very much a means to a goal. It’s about applying to a very specific use case to deliver better results….

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ERP 2028 part 2: traceability and digital string?

by   |    |   6 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing

Imagine going forward in time 10 years, how will the technologies evolving today change the way we work? What will enterprise resource planning (ERP) look like in 2028? The list of digital innovations moves on at a pace, with the Internet of Things (IoT), Industrial Internet of Things (IIoT), Blockchain, Artificial Intelligence (AI) and Augmented…

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Artificial intelligence myths

by   |    |   5 minutes  |  in Business Technology, IFS Labs

Artificial intelligence (AI) is a very polarizing subject in that it’s one of the most overhyped subjects. Yet at the same time, AI has the potential to enact many profound developments in so many areas of business, and our lives. Some people see AI taking over the world within a couple of years, while others…

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Why the hype around AI?

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

In my previous blog, “Are chimpanzees more intelligent than computers?,” I established some thoughts about what it all means, about the difference between artificial intelligence (AI) and human or general intelligence. In this second blog, I will instead look at the hype itself. It’s important to explain why AI is suddenly such a hot topic….

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intelligence artificielle chimpanzé

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

Few would argue that Artificial Intelligence (AI) is the industry’s current hot topic. And why shouldn’t it be? AI’s potential is huge, but I’ve never seen a technology trend get hyped so much despite so many people failing to understand what it truly is, how it works, what’s possible today, what’s not and the impact…

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2018 commercial aviation trends

by   |    |   5 minutes  |  in Aviation & Defense, Business Technology, Creativity & Innovation, Research, Strategy

2017 saw another positive year in commercial aviation with a surge in air passenger numbers and new aircraft orders as well as reports of being the safest year in commercial aviation history. Yet despite these positives, airlines continue to strive for improvement in the costly area of maintenance, where airlines spend more money than on…

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2018 financial industry trends

by   |    |   6 minutes  |  in Business Technology, Creativity & Innovation, Finance, Research, Strategy

The financial area is heavily impacted by new technology at the moment. Balancing trust, swift transactions and increased transparency is prioritized. To achieve this, technologies such as Blockchain, robotic automation and holistic reporting will play key roles, predicts Steve Treagust, Global Industry Director for Finance, HR and Strategy at IFS. Trend #1 Japan and South…

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