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

In part one of this blog, I explored the recent ECJ ruling re-enforcing the recording of hours worked and breaks taken by EU workers. This second part explores how technology plays its part in preventing a return to clocking and takes one step toward automated time recording. How can companies prepare for this ruling? This…

Read more

by   |    |   3 minutes  |  in Business Technology, Strategy, Transform Your Business

The old-fashioned chore of clocking in and out is the last thing you think about in a modern digitized business environment. Yet the recent ruling by the European Court of Justice (ECJ), enforcing the recording of hours worked and breaks taken by each employee each day has reawakened such thoughts. Federacion de Servicios de Comisiones…

Read more

by   |    |   6 minutes  |  in Creativity & Innovation, IFS Applications, Oil & Gas, Transform Your Business

How do you provide accommodations for construction workers when their work site is an oil rig located 500 miles from shore? You turn to Floatel, whose fleet of floating hotels provide comfortable lodgings above deep waters and hostile environments around the world. I recently had the opportunity to speak with IFS Challenger Champion Marie Sköldenborg, who…

Read more

Skills Gap

by   |    |   4 minutes  |  in Aerospace & Defense, Construction and Contracting, Creativity & Innovation, Manufacturing, Transform Your Business

When I meet with IFS customers across the UK one of the most common pieces of feedback is the struggle to find talent to bridge the ‘skills gap’ or ‘skills shortage’ affecting UK businesses. On the one hand, they have new technologies entering their factories, warehouses, construction sites and in-field equipment, on the other, they…

Read more

construction finance controller

by   |    |   3 minutes  |  in Construction and Contracting, Engineering and Infrastructure, Strategy, Transform Your Business

Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes. Like a DJ dropping the next track, the controller should drive the cadence and be ahead of the crowd. Here are 3 tips for getting into that…

Read more

6's of Success for oil & gas

by   |    |   3 minutes  |  in Oil & Gas, Strategy, Transform Your Business

As we enter an era of hyper connectivity, trillion-dollar corporations and artificial intelligence, industries and companies must adapt to accommodate this new environment badged globalization 4.0 by the World Economic Forum (WEF). As these themes are discussed in Geneva this week, we outline a simple model to take advantage of it. Globalization 4.0 and the…

Read more

The Biggest Challenge to AI Adoption

by   |    |   6 minutes  |  in Business Technology, Manufacturing, Strategy, Supply Chain, Transform Your Business

In my last blog i talked about the use of artificial intelligence to help process manufacturers uncover the holy grail – accurate forecasting. In this blog i will explain why we might be the barrier to that happening. In my last blog I talked about how artificial intelligence might help manufacturers discover the holy grail…

Read more

Managing the March Towards Zero Touch Service

by   |    |   6 minutes  |  in Service Management, Strategy, Transform Your Business

A few weeks ago, Gartner released its 2019 Magic Quadrant for Field Service Management, and for the fourth consecutive time, IFS has been named a Leader. This is always an honor of course, though for us, it’s no surprise. At IFS, we understand service, and the complexity and flexibility required to deliver for our customers….

Read more

If Amazon did Factories

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Strategy, Transform Your Business

Amazon recently announced record profits of $3.03bn, breaking its own record for the third consecutive time. However, Amazon appears to be at a crossroads as to where it heads next. Beyond pouring additional energy into Amazon Prime, many have wondered whether the company may decide to enter an entirely new sector such as manufacturing to drive future…

Read more

Forecasting Holy Grail

by   |    |   5 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Accurate forecasts are the panacea for food manufacturers, Is artificial intelligence getting us close to a solution, are we near to finding the forecasting Holy Grail? I was at a director’s dinner recently, discussing the use of AI in today’s food manufacturing companies, when I suggested that artificial intelligence would provide the ultimate solution to…

Read more