The importance and urgency around the global sustainability agenda have never been greater for organizations. In fact, in a study by BCG, 62% of companies now consider sustainability as a major consideration for digital transformation investment. Furthermore, for the companies that do invest in sustainability, according to a recent article, being a sustainability leader unlocks growth opportunities
Reflect Deeply Reflecting on a failed ERP project requires honesty and a willingness to identify the missteps. Start by gathering all stakeholders for a post-mortem analysis. Discuss openly what each person thought the objectives were versus what was delivered. This can often reveal a disconnect between expectations and reality, a common issue in ERP implementations.
Digital transformation is a continuous journey, as our world ceaselessly turns to digital tools and approaches to solve our most urgent problems and make decisions. With technological trends changing at a rapid pace, businesses race to learn about these new shifts and how they can leverage up-and-coming technologies. This calls for accelerated digital transformation. Discover the
2023 brought with it new trends to interpret, fresh challenges to navigate, and, of course, lessons to learn. In 2024, global service leaders will be focused on seizing new opportunities and the impact they will have on their businesses. I’m not one to pause and reflect often; I tend to move from one thing to
1. Define Goals Before diving into performance evaluations, it’s essential to define clear, measurable goals for your AI system. This means understanding what success looks like for your specific application—whether it’s maximizing accuracy, minimizing error rates, or ensuring fairness across different demographics. Without clear objectives, it’s challenging to determine if your AI is performing well
Industry 4.0 is mainstream in A&D manufacturing, and attention is now turning to the new kid on the manufacturing block—Industry 5.0. Although in its infancy, early understanding of Industry 5.0 is that it is not just made up of new technology but is all about a more encompassing approach to the use of such technologies
It is no secret the last couple of years brought market uncertainty to the global upstream oil and gas industry. The significant decline in demand and continued pricing volatility for oil and gas has created operational and financial challenges for upstream companies both big and small. During these times, veteran E&P leaders, accustomed to the
1. ERP Basics ERP systems offer a bird’s-eye view of your business, providing insights that are critical for strategic planning. At their core, ERPs integrate various business processes into one system, fostering inter-departmental harmony and data consistency. This integration ensures that information entered in one part of the business is immediately available to other parts
To Konica Minolta, a leading provider of digital workplace services, commercial and industrial printing, and optical systems for industrial use, adaptability and innovation are key to staying ahead of the curve. They have been making waves with their strategic shift from traditional field-centric operations to a remote-first approach. Konica Minolta’s transformation began by recognizing the
In 2021, the US Navy selected IFS and Lockheed Martin to deliver intelligent ship and aircraft maintenance. It’s a massive project, supporting the Navy’s digital transformation as it pivots from multiple legacy systems into a single logistics information system. The sheer orchestration of planning and executing the service, repair, and overhaul of thousands of assets, including aircraft,
