by   |    |   4 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Transform Your Business

Businesses are constantly told they will go broke if they do not digitally transform and quickly, but for manufacturers it’s not quite as simple. If production goes down even for a day, the impact can be irreversible, with potentially millions in revenue lost. From an ergonomic, economic and environmental perspective, smart factories are heralded as…

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by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation

Predictions vary about when emergent technologies will become a reality. Can taking a look at the past provide insight into what’s next? No matter where you look there are predictions on when technologies such as artificial intelligence, augmented reality and driverless cars will become a reality and commonplace in our lives. Many pundits fall back…

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Mining Maintenance Costs

by   |    |   6 minutes  |  in Asset Intensive, Business Technology, Creativity & Innovation, Service Management

Activity in Australia’s mining sector is accelerating, auguring well for exports and the broader economy, according to economic forecaster and industry analyst, BIS Oxford Economics. But with maintenance costs forecast to increase nearly 60 percent over the next five years now is the time to invest in systems to keep expenditure under control. According to…

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Will manufacturers ride the servitization wave to greater profitability?

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

The servitization megatrend is upon us. Product-driven companies are adding services revenue streams and business models, usually to augment but sometimes to replace product-based business. What is servitization, and why is it happening? When a major change or megatrend happens, there is usually not just a single reason. Multiple forces push a culture, society or…

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Q&A: How commercial aviation companies can overcome today’s MRO challenges

by   |    |   4 minutes  |  in Aerospace & Defense, Business Technology, Creativity & Innovation, Strategy, Transform Your Business

In this Q&A with industry expert Graham Grose, Vice President and Industry Director at IFS, he answers questions on how commercial aviation companies can overcome today’s maintenance, repair and overhaul (MRO) challenges. Graham is responsible for supporting all IFS business development within the aviation and defense industry, together with associated industry marketing and overall product…

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Q&A: How manufacturing can overcome today’s industry challenges

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Manufacturing, Strategy

In this Q&A, I ask our manufacturing industry expert, Antony Bourne, to answer five questions about how manufacturing companies can improve business performance. Meet our manufacturing industry expert As the Vice President of Global Industry Sales at IFS, Antony’s responsibilities include acting as the Global Industry Director for Industrial Manufacturing and High-Tech Manufacturing as well…

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Plastic: from hero to zero?

by   |    |   4 minutes  |  in Creativity & Innovation, Process Manufacturing

Are we seeing the end of ‘single-use’ plastics? Process manufacturing companies need to review their business strategies now. What started as an eco-issue has rightly gathered pace and manufacturers need to rethink their product strategy, the way they manufacture and the way they package their products as the pressure on providing alternative solutions has already…

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Q&A: Will construction companies be able to keep pace with demand?

by   |    |   6 minutes  |  in Business Technology, Construction and Contracting, Creativity & Innovation, Strategy, Transform Your Business

In this Q&A, Kenny Ingram, construction and contracting industry expert and Global Industry Director at IFS, answers questions on whether or not construction companies will be able to keep up with demand, along with valuable suggestions for doing so. Kenny has been with IFS for more than 16 years and has worked in the business…

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IoT in action and why you should start

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Energy and Utilities, Service Management

How analysis of the Internet of Things (IoT) yields unexpected information. We recently installed solar panels on our house. For those of you that know me, I’m a bit of a technology enthusiast and I’ve been wanting to do this for quite some time. The salesman came with a great story about how good this…

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