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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Mining Maintenance Costs

by   |    |   6 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Service Management

Activity in Australia’s mining sector is accelerating, auguring well for exports and the broader economy, according to economic forecaster and industry analyst, BIS Oxford Economics. But with maintenance costs forecast to increase nearly 60 percent over the next five years now is the time to invest in systems to keep expenditure under control. According to…

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2018 service industry trends

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

With an explosive growth in new technologies to gather and use data to optimize service delivery, this will be at the heart of driving the service industry in 2018. IoT in combination with digital twins, AI-powered service organizations and equipping users to service their own assets are key trends impacting the service industry, predicts Mark…

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Set IoT free, automate your business

by   |    |   4 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Mobility, Strategy

Part three of a three-part blog series on enhancing the Internet of Things (IoT): Part one introduced the standard IoT concept, part two explained how to boost analytical and security effectiveness and this part details the boost in delivering efficiency using innovative technologies to automate actions. IoT and the RPA performance boost IoT systems still…

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The new reality: Can augmented reality solve the military MRO labor shortage?

by   |    |   3 minutes  |  in Aerospace & Defense, Business Technology, Service Management, Strategy

The virtual and augmented reality (AR) business is booming – one report predicts the market for the technologies will be worth over $165bn by 2024. Once seen as a gaming technology, augmented reality is now starting to enter the defense sector with big potential – witness the Dismounted Soldier Training System, the first ever fully…

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by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Finance, Oil & Gas, Research, Service Management, Strategy

In an industry where there are still few capital projects being initiated following the 2014 price collapse, and pressure on any new project to deliver cost effectiveness and to stay ahead of schedule, IT is continuing to be a key enabler for upstream oil and gas companies. The industry considers digitalization as the way for…

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2017 defense industry trends

by   |    |   6 minutes  |  in Aerospace & Defense, Business Technology, Creativity & Innovation, Strategy

A new wave of technologies and an increase in cyber-based attacks are forcing the defense industry to adapt. While defense budgets are under scrutiny in the West, defense spending is increasing dramatically in the Middle East and Asia-Pacific regions, opening new markets for growth and opportunity. It truly is an industry in flux. Here Graham…

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This will be the year of retailtainment.

by   |    |   7 minutes  |  in Creativity & Innovation, Digital Transformation, Retail, Strategy, Supply Chain

2017 will be a fantastic year for retailers to experiment by trying out new ideas. There’s only one thing they can’t risk—standing still. What’s in store for retail over the coming years? Ulf Tillander, Global Industry Director of Retail at IFS, highlights three trends that will drive the industry in 2017 and beyond. Store as…

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