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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Data and electric driving automotive in new directions in 2017

by   |    |   7 minutes  |  in Automotive, Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Research, Strategy, Supply Chain

The race to integrate new, lightweight materials into mainstream models will intensify, decades-old production processes will need to be transformed and China will grow its lead in electric vehicle (EV) production. Automotive competition in 2017 will be fierce—but will come from unexpected directions. Stefan Issing, Global Industry Director for Automotive at IFS, predicts that these…

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2017 energy & utilities industry predictions

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Energy and Utilities, Mobility, Research, Service Management, Strategy

Changes in consumer demand and new opportunities in renewable energy production are leading energy companies to invest in alternative sources, modernize their infrastructure and seek new revenue streams. This will continue as energy and utility companies come to grips with building smarter infrastructures and integrating powerful new technologies and analytics platforms. Colin Beaney, Global Industry…

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new automotive manufacturing processes

by   |    |   3 minutes  |  in Automotive, Business Agility, Manufacturing, Supply Chain

Now that the 2016 season is over, it’s time to talk a little bit about Formula 1® . Formula One is a hothouse for the development of ultra-high-speed, ultra-lightweight, tough, crash-resistant materials. In 2017, materials and technologies developed in Formula One will keep transitioning into mainstream serial manufacture. But, cost will remain an issue. Big-money…

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IFS Mxi

by   |    |   2 minutes  |  in Aviation & Defense, Business Agility, Strategy

Today IFS announced the acquisition of Mxi Technologies Ltd., a market leader in the Aviation Maintenance Software (AMS) sector. By combining IFS and Mxi, we are now uniquely placed to serve the global aviation and defense market with the industry’s best software, solutions, and people. Industry analyst, Diogenis Papiomytis, who is the Director of Aerospace…

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Prepare to surf a business skills revolution

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Strategy

Prepare to surf a business skills wave to benefit from IoT. Digitization, big data and the Internet of Things (IoT) are creating a big wave of change. However, businesses should be considering their investment in skills and training alongside their investment in technology to maximize the benefits this digital revolution can bring. With technology conducting…

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ENTERPRISE SOFTWARE

by   |    |   3 minutes  |  in Applications 9, Business Agility, Business Technology, Creativity & Innovation

IFS was recently named as one of the 50 Best Companies to Watch in 2016 by The Silicon Review. The Silicon Review recognized IFS’s strengths, such as its global presence, advanced technology, customer success and its many accolades. The recognition as a “company to watch” supports IFS’s continued commitment to customers and innovation in the…

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Damiano Molfetta, the Sauber F1 Team’s Head of Systems Engineering

by   |    |   8 minutes  |  in Business Agility, Business Technology, Creativity & Innovation

Formula 1: The importance of getting the right data at the right time. Followers of this blog will have seen at IFS we’re hot on the topic of the Internet of Things (IoT), and that earlier this year, we announced that IFS is a Principal Partner of the Sauber F1® Team. So in light of…

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drilling contractors

by   |    |   5 minutes  |  in Applications 9, Business Agility, Business Technology, Events, Oil & Gas

IADC brings together leading drilling contractors to discuss industry challenges around reliability and asset integrity in the dynamic environment of onshore and offshore drilling. This week, some of the leading global onshore/offshore drilling organizations and contractors converged in Houston, Texas for the 2016 IADC Asset Integrity & Reliability Conference. Facing a dynamically changing world and…

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CMMS

by   |    |   3 minutes  |  in Asset Intensive, Business Agility, Business Technology, Service Management

Based on 21 key functional business requirements, SelectHub names IFS the #1 CMMS vendor of 2016. SelectHub, a technology-selection management platform, recognized the importance of a computerized maintenance management system (CMMS) in their 2016 top vendor selection. “With the capabilities of CMMS systems expanding over the last few years, companies need to look carefully at their actual needs…

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