With breakthroughs in AI using deep learning and transformer models over the past decade the hype is at its peak! There will undoubtedly be a correction in expectation but there is something different this time. I call it “AI prevalence”. When Google’s search engine launched in 1998, only a few recognized its disruptive potential for
Define your goals and objectives Before you start any project, you need to have a clear vision of what you want to achieve and why. This will help you align your actions with your strategy and measure your results. You can use ERP software to define your project goals and objectives, as well as the
As one of the most respected companies in the Fortune 250, Exelon is the largest energy delivery company in North America. With an obsession to deliver great service to customers, Exelon is always looking at ways it can evolve and improve. Speaking at a recent Utilities industry event, Rob Biagiotti, VP Assets and Core System Projects at
What impact will Artificial Intelligence (AI) have on such a traditional industry as Construction and Engineering? Early indicators show the impact could potentially revolutionize the industry, making it smarter as well as more automated, efficient and sustainable. In this blog article, we will discuss the current use of AI technology by construction and engineering companies
The “The customer is always right” slogan originated in retail and has dominated our society for more than 100 years. Users, on the other hand, were often blamed for not being knowledgeable enough to use the system or the product the way it was intended. It is a bit unfair, don’t you think? At IFS, we
1. Assess the situation The first step is to identify the root causes of the lack of confidence in your project. Is it due to technical issues, scope creep, budget overruns, missed deadlines, stakeholder resistance, or poor communication? You need to gather feedback from your team, sponsors, users, and vendors to understand their perspectives and
Once the domain of companies able to supply the requisite resources and infrastructure to support AI, rapid commoditization has made the technology accessible to enterprises of all sizes. AI is fast becoming just one more tool to solve business problems. AI in 2024 and beyond Adoption of AI is increasing year over year, with Forbes
Talent, especially in the manufacturing sector, does not grow on trees. A recent survey by the British Chambers of Commerce (BCC) reports at least 78 per cent of firms in multiple sectors spanning construction, production and manufacturing, and logistics sectors are facing “significant issues” recruiting new staff. In the UK, there are some 1.3 million unfilled jobs
1. Define the role and expectations The first step is to clearly define what you expect from your change management champions, and what they can expect from you and the project team. This includes their responsibilities, tasks, time commitment, reporting lines, feedback mechanisms, and recognition. You should also clarify how they will collaborate with other
Matt Medley, Global Industry Director, A&D, IFS, highlights the four key trends impacting the defense sector throughout 2024. As budgets increase and the spectrum of conflict scenarios widens, swarm drones take to our land, air, and sea and the double-edged AI sword adds cutting edges to cybersecurity. Conflicts and geopolitical volatility show no sign of abating
