Artificial Intelligence

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, IFS Labs, Service Management

In the previous blogs, I have been talking about what artificial intelligence (AI) is and some of the hype and myths behind it. One of the observations was that for me, for IFS, AI is very much a means to a goal. It’s about applying to a very specific use case to deliver better results….

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Artificial intelligence: defining and explaining AI-related terminology

by   |    |   6 minutes  |  in Business Technology, Creativity & Innovation, IFS Labs

Artificial intelligence (AI), machine learning, data science and advanced analytics are just some of the terms that are used a lot, often mixed up and randomly related to each other. Without trying to take you through a six-week term at your local university, we’ll try to explain some of these terms and more importantly, establish…

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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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