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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Q&A: Will construction companies be able to keep pace with demand?

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Strategy, Transform Your Business

In this Q&A, Kenny Ingram, construction and contracting industry expert and Global Industry Director at IFS, answers questions on whether or not construction companies will be able to keep up with demand, along with valuable suggestions for doing so. Kenny has been with IFS for more than 16 years and has worked in the business…

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IoT in action and why you should start

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Energy and Utilities, Service Management

How analysis of the Internet of Things (IoT) yields unexpected information. We recently installed solar panels on our house. For those of you that know me, I’m a bit of a technology enthusiast and I’ve been wanting to do this for quite some time. The salesman came with a great story about how good this…

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EAM and ERP: An increasingly critical partnership

by   |    |   6 minutes  |  in Asset Intensive, Business Technology, Manufacturing, Research, Service Management

Meet our guest author, Ted Rohm, Senior ERP Analyst at Technology Evaluation Centers (TEC) Ted Rohm is a Senior ERP Analyst at Technology Evaluation Centers (TEC). Ted covers the areas of enterprise resource planning (ERP), enterprise asset management (EAM), configure price quote (CPQ), supply chain management (SCM) and IT service management (ITSM), with a particular…

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Digital investments are key to the recovery of the mining industry

by   |    |   8 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Oil & Gas, Service Management, Strategy

Digital investments, new business models, digital twins and IoT empower mining companies to leverage industry recovery. After a tough couple of years, the recovery of the mining industry started in 2017, and now is the time to kick it into a higher gear and benefit from being an early mover. Digital investments and new charging…

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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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2018 manufacturing industry trends

by   |    |   7 minutes  |  in Manufacturing, Research, Strategy

The Internet of Things (IoT) being built into the product design, manufacturers adopting a more service-centric business model and 3D printing reaching the tipping point of realizing business benefits on a large scale. These are the three game-changing predictions that Antony Bourne, Global Industry Director of Industrial and High-tech Manufacturing at IFS, outlines for 2018….

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