Global Industry Director, Energy, Utilities & Resources
Colin is the Global Industry Director for Energy, Utilities & Resources within IFS where he has worked for nearly 15 years. Colin has been involved in implementing and project managing IFS software into many Project and Asset Intensive organisations in Europe and worldwide. These cover many industries including Energy, Utilities, Pulp & Paper, Aviation and Defence. He is therefore ideally placed to understand the real challenges faced by organisations working in the Service and Asset Intensive Industries. He is a key member of the IFS product directions board and plays an instrumental role in the decisions regarding IFS product strategy. Prior to this Colin worked as a Management Consultant specialising in maintenance continuous improvement philosophies such as TPM and RCM. He completed a Mechanical Engineering apprenticeship many years ago and spent over 15 years working in Automotive manufacture including time as a Maintenance and Facilities Manager.
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…
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…
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…
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…
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…
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…
Energy events have given us the opportunity to present the IFS story a number of times already this year, with European Utility Week in Vienna, November 6–8, rounding off the tour. Leading up to that event I wanted to take the opportunity to highlight both what has gone before as well as what we will…
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…
Three of the many challenges facing organizations that helping to deliver smart meter programs around the globe. In many parts of the world, smart meter installations have been around for some time, and in some countries, second or third generation devices are now being fitted. According to Metering and Smart Energy International, over the next…
Renewables, smart homes, artificial intelligence (AI) and the Internet of Things (IoT) will have a massive impact on how energy companies need to address the market in 2018, predicts Colin Beaney, IFS’s Global Industry Director for Energy & Utilities. Trend #1 Renewables hot up—global capacity will double over the next 10 years Every year we’re…
