IFS Labs

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, IFS Labs, Transform Your Business

Many of our customers are true challengers in their field. They have high ambitions and are prepared to do something bold, leveraging new technology and new ways of working to stay or get ahead of the pack. One of our customers, Cheer Pack, is such a challenger. Although already a market leader, they continuously look…

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Challenger of the Year Awards

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Events

IFS announced today the winners of the first annual Challenger of the Year Awards. The IFS Challenger of the Year Awards were established to celebrate the greatest achievements among customers using IFS solutions to gain a competitive advantage or create value through innovation. The awards recognize customer success in three main categories: The Wave Maker,…

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by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, IFS Applications

Whether users are performing tasks or looking for information on a website, smartphone or tablet, the interface should be familiar, intuitive and easy to use. That’s the driving concept behind IFS’s Aurena user experience (UX), which is now available across the vendor’s full suite of solutions. Aurena is a browser-based UX that helps users navigate…

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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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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…

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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…

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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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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…

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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…

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