Data Analysis Image

by   |    |   3 minutes  |  in Creativity & Innovation, Digital Transformation, Service Management

We are seeing the growing demand to integrate connected devices for field service operations. In a recent study by IFS, 30 percent of product-oriented companies said they are already using IoT for field service to some extent – a few companies are even harnessing IoT data to automatically trigger work orders or technician dispatches. But…

Read more

Leap above the rest

by   |    |   5 minutes  |  in Business Agility, Business Technology, Digital Transformation, Strategy

Business excellence is about achieving more with less by doing the right thing, the right way at the right time.  This is the first blog in a four-part series which sets out the core platform from which your business excellence journey can accelerate, by using techniques from the worlds of Finance, HCM and Strategy, and…

Read more

by   |    |   5 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Process Manufacturing

Over the years there have been many paradigms that claim to optimize production and save the world—bottleneck, forward and backward, finite and infinite scheduling models, DDMRP, Kanban—and almost all failed in some way to deliver manufacturing nirvana. One such stratagem was the Theory of Constraints (TOC). But could a fresh approach to TOC, combined with…

Read more

by   |    |   3 minutes  |  in Digital Transformation, Energy and Utilities, Mobility

To deliver in the new energy paradigm, suppliers need to focus on two key areas – technology and service provision. The energy market is being disrupted and transformed around the world. According to a recent foreword in the Global Innovation Index Report “Innovation lies at the core of any solution to the challenges facing our…

Read more

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…

Read more

by   |    |   4 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Artificial intelligence (AI). Internet of Things (IoT). Augmented reality (AR). These are the technologies companies in the industries IFS serves want to implement because they can transform their businesses. These two- and three-letter acronyms (TLAs) are what most of us think about when someone utters the words ‘digital transformation’. While AI, IoT and AR are…

Read more

by   |    |   4 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Transform Your Business

Businesses are constantly told they will go broke if they do not digitally transform and quickly, but for manufacturers it’s not quite as simple. If production goes down even for a day, the impact can be irreversible, with potentially millions in revenue lost. From an ergonomic, economic and environmental perspective, smart factories are heralded as…

Read more

Q&A: Field service organizations and the need to optimize service models

by   |    |   6 minutes  |  in Business Technology, Creativity & Innovation, Digital Transformation, Research, Service Management, Strategy

Field service organizations must optimize their reactive service models today and plan for predictive service models tomorrow. In this Q&A, I will ask Mark Brewer, service industry expert and Global Service Industry Director for Service Management at IFS, to shed some light on the industry’s need to optimize business service models. Meet our service industry expert Mark…

Read more

L’aviation civile, première industrie sur les projets de transformation digitale et d’innovation

by   |    |   3 minutes  |  in Aerospace & Defense, Business Technology, Digital Transformation, Research, Service Management, Strategy

The fundamental shift from selling products to guaranteed outcomes has been aided by exponential technological growth over the last ten years. The concept of “Power-by-the-Hour” was invented by Rolls-Royce in 1962, which means it has been in play in the commercial aviation industry for more than 50 years. This program has reshaped the relationship between…

Read more

Modular and offsite construction: evolution or revolution?

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Digital Transformation, Manufacturing, Strategy

Modular offsite construction has been around for many years, but is it about to really take-off? There has been a lot of activity over the last 12 months that suggests this evolution may become a revolution, one that will drastically transform the construction industry. Key challenges and opportunities for the construction industry November 21-22, 2017,…

Read more