2018 automotive industry trends

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

New data-driven services, strong light-weight materials and a rapidly built-out infrastructure for electric vehicles (EVs) are trends impacting the automotive industry this year. Stefan Issing, the Global Industry Director for Automotive at IFS, presents his industry predictions for 2018. Trend #1 Service revenue in the automotive industry will increase by 30% during 2018 When German…

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E-fuels

by   |    |   3 minutes  |  in Automotive, Creativity & Innovation, Mobility

In the context of increasing air pollutions in the cities and “Dieselgate,” everybody is talking about electronic vehicles (EV) and hybrid cars. But to be competitive with combustion engines, it is still a long way to go, considering price, distance, infrastructure, etc. Maybe the automotive industry should rethink the entire future of mobility ─ what’s…

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What you need to know about quality assurance and management for the automotive industry

by   |    |   2 minutes  |  in Automotive, Business Technology, Strategy

Quality can be defined as “fitness for use as defined by the customer.” A quality product or service contributes to customer satisfaction; poor quality means ­dissatisfied customers. In today’s competitive marketplace, the process of controlling internal and external quality processes has become increasingly important and more complex for all ­companies. Especially in the automotive industry,…

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Highlights from International Motor Show 2017

by   |    |   2 minutes  |  in Automotive, Events

Time for a review of the International Motor Show 2017 in Frankfurt, Germany. The cream of the crop of the scene has been on the FORUM stage and in the Speakers’ Corner during the International Motor Show 2017, IBM, Mobileye, McKinsey, Roland Berger, Continental, Kaspersky, NXP and World Economic Forum, to name a few, have…

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How businesses truly feel about digital change & transformation

by   |    |   2 minutes  |  in Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Engineering and Infrastructure, Manufacturing, Mobility, Oil & Gas, Research, Service Management, Strategy

Digital transformation can mean different things to different people, making it difficult to know when you have achieved it. However, the answer to this conundrum is that you will never achieve it since it’s constantly evolving. To see what companies are thinking about today in regards to digital transformation and how it is currently being…

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70 percent of industrial companies need enterprise mobility for digital transformation

by   |    |   3 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Service Management, Supply Chain

New study shows enterprise mobility is an essential step to harness the disruptive technologies in business. Business conditions are changing rapidly thanks to digital transformation, which is defined in this MIT Sloan Management Review article, “The Nine Elements of Digital Transformation,” as the use of technology to radically change the performance or reach of enterprises….

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evolution of IoT

by   |    |   4 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, IFS Labs, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Retail, Service Management, Strategy, Supply Chain

A look at the evolution of IoT and how businesses have used, are using and will be using it to their advantage. The notion of Smart Manufacturing or Industry 4.0 became a popular topic after the international CeBIT fair of 2011, a mere six years ago but a lifetime in terms of technology maturation. By…

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Corporate Social Responsibility

by   |    |   4 minutes  |  in Asset Intensive, Automotive, Aviation & Defense, Construction and Contracting, Energy and Utilities, Engineering and Infrastructure, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Strategy, Supply Chain

No time like the present… or maybe tomorrow. Have you seen that comic where a medieval king in full armor turns down a machine gun salesman with the words “No thanks, I have to prepare for battle.”? It’s a nod to all those companies who are too busy doing their day-to-day to plan for the…

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IoT Business Connector

by   |    |   1 minute  |  in Applications 9, Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Finance, IFS Labs, Manufacturing, Mobility, Oil & Gas, Process Manufacturing, Retail, Service Management, Supply Chain

How IFS Applications and the IoT Business Connector provide an agile, connected business environment. IFS IoT Business Connector launched At the IFS World Conference 2016, IFS’s Chief Technology Officer, Dan Matthews, announced the launch of the IFS IoT Business Connector. At the time, the Early Adopter Testing Program had just started. Now just a few…

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How to use advanced analytics to benefit from your big data

by   |    |   2 minutes  |  in Applications 9, Asset Intensive, Automotive, Aviation & Defense, Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Energy and Utilities, Engineering and Infrastructure, Finance, IFS Labs, IFS Radio Network, Manufacturing, Oil & Gas, Process Manufacturing, Research, Retail, Service Management, Strategy, Supply Chain

IFS Radio Network podcast: How IT professionals and business leaders can use and benefit from the game-changing power of advanced analytics. It has been reported by the International Data Corporation (IDC) that the market for worldwide business analytics and big data technology services will grow to a whopping $200 billion by 2020. But why? And what does…

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