2020 Energy and Utilities Predictions

by   |    |   6 minutes  |  in Energy, Utilities & Resources, Oil & Gas

The world has never been more aware of the importance of conserving resources and reducing carbon emissions. Nowhere is this growing consciousness more keenly felt than in the energy sector. Companies need to navigate increasingly demanding taxation regimes and government policies as well as the negative perception connected to fossil fuel taking root among the general population and…

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IFS Oil & Gas Expertise

by   |    |   5 minutes  |  in Energy, Utilities & Resources, Oil & Gas

As we stand back and reflect on 2019, I am immensely proud of what the IFS team has achieved in partnership with our customers. With many high-profile customers committing to upgrading to our latest version of IFS Applications, many going live within the year, and the high number of new tier-one players selecting IFS, validates…

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Power Generation

by   |    |   3 minutes  |  in Energy, Utilities & Resources

Last year I predicted that energy companies needed to diversify or they would disappear. Renewable energies are no longer a plan for the future, they are a reality that make up a significant portion of our energy supply today. To compete, power generation companies are diversifying and investing in renewable energy.  But this introduces fresh business management challenges alongside traditional methods of…

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Telecommunications Use Cases

by   |    |   3 minutes  |  in Energy, Utilities & Resources

IFS is uniquely positioned in our ability to support a wide range of use cases across the telecommunications industry. Our expertise in manufacturing, asset management and service enables us to solve a number of challenges companies in this industry are facing. In this blog, I will highlight some of our customers operating within this industry.   Manufacturing and Servicing state of the…

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business value in energy, utilities and resources

by   |    |   4 minutes  |  in Energy, Utilities & Resources

In September, respected analyst firm IDC published an end-user study, sponsored by IFS, that quantified the business value achieved by customers using IFS enterprise software. It is a truly global study that provides provable, exact numbers and demonstrates the value IFS brings. This included working with a number of our customers from the Energy, Utilities…

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Oil Rig Digital Twin

by   |    |   3 minutes  |  in Energy, Utilities & Resources, Oil & Gas

According to a recent report from EY analysing the Norwegian Oilfield Services in 2018, all oil and gas sectors will experience growth in 2019. This following a fall of nearly 2 percent in exploration and production drilling in 2018 – which EY also expect to grow by 10 percent in 2019. Industry growth and innovation…

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by   |    |   8 minutes  |  in Energy, Utilities & Resources, Oil & Gas, Transform Your Business

Renewables accelerating even faster than previously predicted, CX and UX driving innovation, a new generation of proactive consumers driving demand for more diversified energy, business and payment models: In 2019 energy and utility companies face the challenges of an industry rapidly diversifying, decentralizing and digitizing. The sure-fire way to keep up? Make sure you stay…

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by   |    |   3 minutes  |  in Energy, Utilities & Resources

In these turbulent times who can really tell if the oil price recovery can be sustained, with sanctions, on-going trade wars, natural disasters and confusion around government policy concerning the off-shore industry’s long-term viability? What we do know is that companies operating in this sector today need to be ever more efficient and aware of…

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by   |    |   3 minutes  |  in Digital Transformation, Energy, Utilities & Resources, 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…

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