by   |    |   2 minutes  |  in Asset Intensive, Business Agility, Business Technology

An Enterprise Asset Management application that will flex and adjust to your evolving business during this age of digital transformation is an absolute must. I was recently lucky enough to attend the ARC Conference in Orlando, Florida where they discussed some of the main topics concerning the transition of the asset and infrastructure industries and how…

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by   |    |   2 minutes  |  in Asset Intensive, Business Technology, IFS Radio Network, Service Management, Strategy

Internet of Things (IoT) is the latest three-letter acronym (TLA) in an industry that loves to come up with new TLAs for use in our prodigious streams of hyperbole-laden marketing collateral. And David Essex of TechTarget, one of the more astute enterprise software journalists out there is not afraid to call a spade a spade….

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by   |    |   2 minutes  |  in Asset Intensive, Energy and Utilities, Mobility, Oil & Gas, Process Manufacturing, Service Management

In the asset-intensive industry, usability is becoming a subject of increasing priority. If we look back at the early days of computerized maintenance management systems (CMMS) in the 1980s, we typically get an image of a few users on a system with green screens. Those few users were not only the experts with such a system,…

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by   |    |   3 minutes  |  in Aviation & Defense

Any ‘new’ technology has to reduce complexity and workload for military and aviation operators. With the buzz around the release of Android Wear and the impending arrival of the “iWatch”, it looks as if wearable devices are going to meet the predictions of being the next widely adopted form of consumer technology – Gartner for…

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ERP Podcast Series from IFS

by   |    |   4 minutes  |  in Asset Intensive, Oil & Gas, Process Manufacturing, Strategy

ISO standards are a lot of things. Specifications for products and services. A third party stamp of approval for quality, efficiency and best practices. And let’s face it … ISO standards can be the butt of plenty of jokes. Even Dilbert creator Scott Adams riffs on ISO standards frequently. Quality consultants Simply Quality have generated a humorous procedure…

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by   |    |   2 minutes  |  in Asset Intensive, Oil & Gas

There has always been a significant financial reward for high levels of equipment reliability in the oil and gas industry. The long-standing desire of the industry to improve on equipment reliability processes is reflected in ISO 14224 standard. While we all know how difficult global standardization is, we all aspire to reap the benefits of…

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by   |    |   1 minute  |  in Asset Intensive

The concepts behind reliability centered maintenance (RCM) are about 40 years old, but there is a growing interest in RCM now among asset-intensive industries like those in the oil and gas industry. But there is another stripe of RCM — RCM II — that to me anyway seemed poorly understood even among industry insiders. So…

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by   |    |   4 minutes  |  in Asset Intensive, Construction and Contracting

As the global energy sector reconsiders the place of nuclear in the power generation portfolio, all eyes ought to be on the recent deal to construct the United Kingdom’s first new nuclear plant in decades, especially after analysts at stockbroker Liberum Capital said government commitments to French company EDF will make Hinkley Point the most…

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by   |    |   1 minute  |  in Asset Intensive, Business Technology, Energy and Utilities, IFS Radio Network, Service Management

This podcast discusses IFS’s recognition as a Visionary in the Gartner Magic Quadrant for two types of software in the energy and utility industry. In this month’s IFS Radio Network news segment, Senior Advisor for Enterprise Asset Management (EAM), Stefan Pervik, discusses IFS Applications’ recognition as Visionary in the Gartner Magic Quadrant for two types…

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