An increasing number of asset owners are seeking to outsource service and maintenance contracts for their assets over its whole lifecycle. These contracts traditionally are taken on by specialist facility and asset management firms, however in an industry continuously challenged by low profit margins is this model changing? Having faced diminishing margins for capital projects,
Gartner has published the 2021 Gartner Market Guide for Mobile Workforce Management Software for Utilities. We always look forward to Gartner coverage with great anticipation, and this report was no exception. Especially as this would be the first analyst coverage of IFS since the acquisition of Clevest. As expected, this year’s market guide provided a
1. Choose the right storage method Depending on the type of products you sell, you may need different storage methods to preserve their quality and safety. For example, perishable goods like food, flowers, or cosmetics need to be kept in cool, dry, and clean conditions. Non-perishable goods like clothing, books, or electronics need to be
Utilities rely on technology to increase operational efficiencies and cost-savings. But innovation is also critical in how we respond to increasingly unpredictable events resulting from climate change. Many stations have made the costly decision to install EV charging units, which can cost $100k a pop. It’s a hard cost to justify, given that EVs currently make up <1% of
At IFS, we work where complexity and criticality intersect such as aerospace & defense, energy & utilities, heavy manufacturing, construction & engineering, and telecommunications. These industries keep economies running. Getting AI right here isn’t a headline; it’s operational resilience and performance. Today, our customers are deploying what I call operational AI. Operational AI is not
1. Align KPIs with project objectives The first step to identify the right KPIs for your project control plan is to align them with your project objectives. Your project objectives are the specific, measurable, achievable, relevant, and time-bound (SMART) outcomes that you want to accomplish with your project. Your KPIs should directly relate to your
Just starting your digital transformation journey? Haven’t heard of Cloud Native? Cloud native capabilities increase your company’s innovation output and speed up your development team’s productivity. The development increases business velocity, delivering more features faster to their customers. Evidently, this will help your company gain a huge competitive advantage through automation and scalability that cloud
While your CFO reviews quarterly reports and your operations manager handles the day shift, a Material Replenisher digital worker can autonomously process 847 parts requests, cross-referencing supplier availability, and coordinating with maintenance schedules, all before your first coffee break. This isn’t science fiction. It’s agentic AI, and it will transform how industrial companies operate. ERP
1. Gantt Charts Gantt charts are a visual tool that help you map out project schedules and track progress over time. They provide a clear overview of tasks, deadlines, and dependencies, allowing you to see at a glance which activities are on track and which may need attention. By using Gantt charts, you can better
Utilities rely on mobile workers and fleet vehicles to manage and respond to various activities in the field. From service calls, asset oversight, maintenance, and repair to serving as first responders in emergency scenarios such as extreme weather events. At the same time, regulatory bodies require utilities to inspect and safeguard assets in the field. This can
