Coffee Break with AI

by   |    |   8 minutes  |  in Creativity & Innovation, IFS Labs

Coffee Break with AI is brought to you by Martijn Loos and Elisio Quintino. We believe that the value of a technology should be measured by how it improves people’s lives. Although this may be cliché, it’s nonetheless important to us. Of course, technology for technology’s sake can be amusing to study and play with, but…

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AI shorter work week

by   |    |   4 minutes  |  in Transform Your Business

As businesses adopt artificial intelligence (AI) to streamline or even automate many decision-making processes currently handled by humans, what will humans do with the time they’d have spent on these tasks? In the intermediate term, AI gurus like Bob De Caux suggest the technology will be used primarily to help humans make better and faster…

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IFS APIs

by   |    |   3 minutes  |  in Business Technology

Companies in our industry right now are working very hard to prove that they have successfully integrated technologies like the internet of things (IoT) and artificial intelligence (AI) into their enterprise software products. As I described during this interview with Silicon Angle’s TheCube at our World Conference in October, what actually makes these transformational technologies valuable is the simple application program interface (API).  While there’s…

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theCUBE Bob De Caux and Bas de Vos

by   |    |   18 minutes  |  in Creativity & Innovation, Events, IFS Labs, Transform Your Business

theCUBE is the world’s leading live interview show covering enterprise tech, innovation and the people who imagine, create and implement the technologies that are changing our world. This year, they joined IFS in Boston for IFS World Conference 2019. Below is the transcription of an interview with Director of IFS Labs, Bas de Vos, and…

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by   |    |   4 minutes  |  in Creativity & Innovation, Events

Artificial intelligence (AI) gets plenty of attention these days in the context of business transformation, but organizations should not view it as a cure-all for all business problems. That was the clear message delivered during a morning session on intelligent and autonomous solutions today at IFS World Conference, taking place this week in Boston. The…

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Project Finance in Construction

by   |    |   3 minutes  |  in Business Technology, Digital Transformation, Finance

Project financial control is often complex, multi-dimensional and prone to the unexpected, then why do project controllers rely so heavily on two-dimensional spreadsheets for their multi-dimensional requirements, and what happens when we need to change this? Project financial control I have spent many years managing the financial and commercial aspects of long term multi-billion dollar…

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

One day AI systems will predict what is currently impossible, to allow us to overcome the inefficiencies in our lives and in our factories. In a previous blog, I discussed the reasons why we humans do not trust artificial intelligence. In this blog, I would like to look at the potential of AI and what,…

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Skills Gap

by   |    |   4 minutes  |  in Aerospace & Defense, Creativity & Innovation, Engineering, Construction & Infrastructure, 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…

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The Biggest Challenge to AI Adoption

by   |    |   6 minutes  |  in Business Technology, Manufacturing

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…

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