The manufacturing landscape continues to evolve rapidly, and staying ahead requires continuous learning and adaptation. As industry leaders in manufacturing, you face challenges like workforce shortages, an ongoing drive to improve the sustainability of your operations, and the task of understanding and implementing the latest and greatest technologies. IFS Unleashed 2024 will help you address
1. Embrace Critique When you receive negative feedback on your AI project, it’s essential to embrace it rather than dismiss it. This feedback often points to areas where your AI can improve, such as better understanding user needs or refining algorithms. By viewing criticism as an opportunity rather than a setback, you can identify the
Construction & Engineering (C&E) has struggled with productivity over the last two decades. Statistics and data tell us this isn’t isolated, it’s a global trend. It needn’t be the case. The industry is perfectly placed to reap the rewards of digital transformation and become technological leaders in the age of AI. It must shake off
I’ve been contemplating technology enabled tectonic shifts in industry. Of course, AI is topical. There’s something more fundamental happening, particularly in asset-heavy industries. Whether a manufacturing facility, an energy asset or large-scale construction projects, there has traditionally been a distinction between the science applied using machines and the commerce that has powered the businesses that
1. Understand Fear Understanding the root causes of resistance is the first step towards overcoming it. Employees often fear the unknown and worry about how new technology will impact their jobs. As an executive, reassure your team by providing clear information about the ERP system’s benefits and how it will make their work more efficient.
As organizations strive for efficiency, adaptability, and seamless IT services, choosing the right ITSM software is a critical decision that directly impacts performance and productivity. Gartner forecasted that global IT spending will reach $5.1 trillion in 2024, an 8% growth from 2023, emphasizing the substantial investment organizations are making in their IT infrastructure. This surge in spending reflects
As regulations tighten and ESG initiatives gain momentum in the oil and gas industry, addressing venting and flaring emissions becomes paramount for upstream operators. Venting releases natural gas into the atmosphere, while flaring involves controlled combustion. The reason for venting is primarily operational. For instance, equipment leaks like oil tank hatches are left open, or
1. Assess Needs Before diving into an ERP system upgrade, it’s crucial to assess your organization’s specific needs. This involves a thorough analysis of current processes, understanding the limitations of your existing system, and pinpointing the improvements you aim to achieve. Engage with various stakeholders across departments to gather insights and prioritize features that will
Workover and intervention events within the Oil and Gas industry are unavoidable. Convert these downtime scenarios into optimized uptime and productivity. From modernizing how the Oil & Gas industry responds to workover and intervention events, predicting (and avoiding) output disruptions, and ensuring operational productivity is optimized every single day, end-to-end maintenance planning and scheduling is
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
