2018 commercial aviation trends

by   |    |   5 minutes  |  in Aviation & Defense, Business Technology, Creativity & Innovation, Research, Strategy

2017 saw another positive year in commercial aviation with a surge in air passenger numbers and new aircraft orders as well as reports of being the safest year in commercial aviation history. Yet despite these positives, airlines continue to strive for improvement in the costly area of maintenance, where airlines spend more money than on…

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Integrating field service management software

by   |    |   6 minutes  |  in Business Technology, Service Management

There are two central truths when it comes to enterprise resource planning (ERP) software. The first is that it is a long-term investment, and you don’t rip and replace what you have implemented unless it is absolutely necessary. The second is that no ERP will do everything, or everything well, and you need smart ways…

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2018 financial industry trends

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

The financial area is heavily impacted by new technology at the moment. Balancing trust, swift transactions and increased transparency is prioritized. To achieve this, technologies such as Blockchain, robotic automation and holistic reporting will play key roles, predicts Steve Treagust, Global Industry Director for Finance, HR and Strategy at IFS. Trend #1 Japan and South…

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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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2018 process manufacturing trends

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

E-labeling, smart packaging and global partnerships offer new ways for companies to create more loyal customers and increase profitability. In 2018, these factors will be crucial to succeed in, for example, the food industry where customers’ demands on transparency are increasing. These are the 2018 process manufacturing predictions of Colin Elkins, Global Industry Director for…

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2018 oil and gas industry trends

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

Many oil and gas companies experienced a tough couple of years recently, as oil prices plummeted to record-low levels. The recovery of the industry started in 2017, though, and now is the time to kick it into a higher gear to reap the benefits of being an early mover. New charging models, digital investments and…

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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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2018 retail industry trends

by   |    |   6 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Research, Retail, Strategy, Supply Chain

Digital is everywhere in retail today. The threat from more agile, internet-based companies continues to drive traditional players to try innovative new approaches. Over the next year, we will see innovative in-store education centers, more “endless aisles” concepts and Blockchain for sustainability at the top of the retailers´ agendas. These are the 2018 retail industry trends…

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2018 construction industry trends

by   |    |   6 minutes  |  in Business Agility, Business Technology, Construction and Contracting, Creativity & Innovation, Research, Strategy

Factories in flat-packs and homes built in factories—modular construction will build new momentum in 2018. However, the construction industry is battling with significant skills shortages and must manage increasing globalization. These are the three industry predictions for 2018 from Kenny Ingram, Global Industry Director of Construction and Contracting at IFS. Trend #1 Skills shortages will…

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