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,…

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Q&A: Why manufacturers are moving to service-based business models

by   |    |   5 minutes  |  in Business Technology, Manufacturing, Research, Strategy

Expert advice on how manufacturers can provide services and solutions that supplement their traditional product offerings. In this Q&A, I ask our industrial manufacturing industry expert, Antony Bourne, to answer six questions on how manufacturers can benefit from service-based business models. Meet our industrial manufacturing industry expert As the Vice President of Global Industry Sales…

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Manufacturing Industry Experts

by   |    |   2 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, IFS Radio Network, Manufacturing, Process Manufacturing, Research, Strategy

IFS Radio Network podcast: how technology is impacting industrial manufacturers and how some of the industry’s leading businesses are taking advantage of it today. The industrial manufacturing industry has a strong appetite for technology. Now that manufacturers have experienced the game-changing benefits of automation and the emergence of interconnected and intelligent manufacturing systems, companies of…

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Internet of Things (IoT)

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Digital Transformation, Manufacturing, Research, Service Management, Supply Chain

According to a primary research study of 200 IoT decision makers with industrial companies, about 85 percent of them collect data from sensors on their equipment or equipment they install at customer sites. Industrial companies may be further along with the Internet of Things (IoT) than most other companies because they have, since the 1970s,…

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How the manufacturing industry is using technology to increase efficiency

by   |    |   3 minutes  |  in Manufacturing

Manufacturers are looking to Smart Manufacturing (US term) and Industry 4.0 (European term) to embrace the benefits of digital technology. Smart Manufacturing/Industry 4.0 is now a common term that has been used over the past few years which covers all the latest digital technology that is now available to the manufacturing world. Therefore, as an…

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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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Gartner names a Leader in the FrontRunners quadrant for Manufacturing Software

by   |    |   2 minutes  |  in Applications 9, Business Technology, Creativity & Innovation, Manufacturing, Process Manufacturing

Why IFS was named a Leader in the FrontRunners quadrant for Manufacturing Software. It was a great honor to be named as a Leader in the FrontRunners quadrant for Manufacturing Software and is something that I am very proud about. Manufacturing is one of our focused industries and to get this acknowledgment is a testament…

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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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Is your adherence to enterprise asset management excellence really just surface deep?

by   |    |   4 minutes  |  in Asset Intensive, Business Agility, Business Technology, Manufacturing, Oil & Gas, Research, Strategy

Research shows that the fundamentals of asset management and maintenance excellence will remain integral to the optimal performance. Organizations in asset-intensive industries must ensure that their adherence to EAM excellence goes beyond the surface. Enterprise asset management (EAM) excellence can be defined in many ways, but essentially, it is about optimizing the operation of assets…

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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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