Managing the March Towards Zero Touch Service

by   |    |   6 minutes  |  in Service Management, Strategy, Transform Your Business

A few weeks ago, Gartner released its 2019 Magic Quadrant for Field Service Management, and for the fourth consecutive time, IFS has been named a Leader. This is always an honor of course, though for us, it’s no surprise. At IFS, we understand service, and the complexity and flexibility required to deliver for our customers….

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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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Industry Tip : Integrated Construction

by   |    |   3 minutes  |  in Asset Intensive, Construction and Contracting, Engineering and Infrastructure, Transform Your Business

The engineering, construction and infrastructure industry is facing huge disruptive changes. We are at an inflection point, and need wholesale change right now. Global construction productivity has improved about a quarter of the rate of manufacturing productivity since 1995. When we look at rich countries like Germany, France and the United States, things are much…

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Biggest Barrier to Mining Transformation

by   |    |   4 minutes  |  in Asset Intensive, Strategy, Transform Your Business

Systems fragmentation is the single biggest barrier to business transformation and innovation we see in the mining industry. Most companies have no single source of truth providing timely and reliable data about the business and no single platform to standardize processes consistently across the organization. Instead, fragmented software applications landscapes are common. Multiple enterprise resource…

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Digital Twins in Commercial Aviation

by   |    |   3 minutes  |  in Aerospace & Defense, Asset Intensive, Transform Your Business

Interest in digital twin technology is at an all-time high and the aerospace & defense industry is a forerunner in its adoption. This especially applies to the commercial aviation segment, where a digital twin of a whole fleet of assets can now be created thanks to technologies such as IoT and big data, advanced analytics…

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Cloud Business Case

by   |    |   4 minutes  |  in Business Agility, Business Technology, Cloud, Transform Your Business

A previous blog post debunked some common myths surrounding migrating enterprise resources to the cloud. In this post, part of our regular series of posts of n-nonsense insight into enterprise cloud computing, I look at the benefits of provisioning core business applications in the cloud. To be clear, at IFS we believe in giving our…

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Debunking Three Cloud Myths

by   |    |   4 minutes  |  in Business Agility, Business Technology, Cloud, Transform Your Business

Enterprise software will reside increasingly in the cloud. In some rare situations, on-premise instances of enterprise software will be desirable—for instance in mining of offshore drilling where business operations are in remote areas unserved by reliable connectivity. But for the clear majority of businesses, the objections against cloud are, today, easily discounted. As part of…

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joanna-kosinska-129039-unsplash_blog

by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Strategy, Transform Your Business

Sustainable, balanced and ethical practices are driving new opportunities for corporate strategy to resonate with stakeholder demands as global culture shifts. ‘Strategic resonance’ is the final part of this three-part blog series outlining the cornerstones required for reinforcing business longevity. Stockholder v Stakeholder Theory In the sixties Milton Freidman introduced Stockholder Theory, arguing that corporations…

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cobot

by   |    |   5 minutes  |  in Process Manufacturing, Transform Your Business

The process industry has spent billions of dollars on robots and robotic automation, but are these monoliths flexible enough for today’s manufacturing requirements, will they eventually take our jobs and will the human-less factory really become a reality? its not new now its just different Robot and human workforces are not new: Robots The earliest…

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