Organizations today face increasing challenges due to complex workflow systems, asynchronous data, and disconnected workforces. On top of this, businesses are under pressure to increase revenue in their aftermarket, improve asset uptime and first-time fix rates, and meet customer experience goals. To address these challenges, Service Life-Cycle Management (SLM) provides a comprehensive solution that covers
During the pandemic, over two-thirds of employees working from home experienced burnout. However, despite this most businesses have now implemented a hybrid working policy or switched to fully remote work. While each company’s policy varies – interestingly, Forbes reports, that today 98% of workers desire to work remotely. Many of us have experienced the benefits of working from home
Infrastructure and asset investments deliver strong returns with relatively stable risk profiles. However, according to the experts at McKinsey & Company, the industry is experiencing some turbulence due to declining equity markets, growing interest rates, and significant inflation. Along with shifts in the market, the article points to energy, mobility, and digitization as influencing these changes.
Supply Chain disruption is here to stay; it’s not a case of if but when is the next event that impacts your supply chain (directly or indirectly). This blog explores the importance of balancing resiliency and efficiency and how the right supply chain management (SCM) software can play a vital role in enabling both. The level of supply chain
In today’s fast-paced business landscape, field service organizations are under mounting pressure to adopt advanced technologies. These innovations promise significant benefits, including enhanced competitiveness, improved customer service, and reduced operational costs. However, despite these advantages, many companies face obstacles when implementing field service technology. The two major roadblocks are budget constraints and a lack of
Ever heard of March Madness? You should have – IFS gets involved every year in this month’s Basketball madness. Tue, Mar 14, 2023, through to Mon, Apr 3, 2023, a series of intense tournaments across the US will air on local and national TV-networks and be viewed by millions of fans across all States. The
In the world of asset management acronyms—CMMS, EAM, APM—the approach that can most profoundly influence your organization but is least likely to be in place already is APM, or asset performance management. It has taken time for the asset management profession, the people who practice it, and the technology that supports it to come together
Have you ever faced any difficulty understanding your user’s expectations and pain points? If the answer is yes, you are not alone. Most designers face similar kinds of problems when they are first introduced to a new domain. When I first joined IFS in 2021, the most difficult challenge was to understand the user and
In a recent webinar, Marne Martin, the Chief Strategy Officer at IFS, explored Service Life Cycle Management and why it should be a priority for manufacturing organizations looking to revolutionize their service strategies. From holistic approaches to outcomes-based service, unified data, connected experiences, product-service integration, and sustainability, Marne explores strategies you can embrace the future
In life, change is often the only constant, and sometimes, it can be the catalyst for discovering new passions and unexpected paths. I worked for a few years as a process engineer in the manufacturing sector, but my curiosity about technology continued to grow. When the opportunity came to work at IFS, which seamlessly blended
