Attend the IFS PBS Webinar
Hosted by Engineering News-Record
Beyond ERP: How
Project-Based Solutions (PBS) Provide Improved Benefits to the
Integrated Project Lifecycle Webinar
When: March 23, 2011 from 2 - 3 p.m.
Eastern Time
Project centric organizations have struggled for
more than a decade to reap the kind of benefits the manufacturing ind ustry
has experienced with integrated ERP systems. The primary obstacle has
been that traditional ERP systems were developed to support short,
repetitive production cycles tied to a master schedule, whereas project
centric companies generally have custom, build-to-spec projects.
While ERP systems could support many of the
corporate functions of a project centric organization, these companies
were often forced to develop in-house applications, or modify their ERP
solution in order to support their more complex business processes.
Enter the Project-Based Solution, which combines the integrated
enterprise benefits of ERP, but are designed specifically to support the
complex business processes associated with engineering, construction,
EPCI contracting, fabrication, engineer-to-order, equipment installation
and other project centric organizations.
By attending this complimentary webinar you
will:
Discover the fundamental differences between traditional ERP and
PBS.
Examine examples of how project-based organizations are reaping
the benefits.
Learn
how PBS supports integrated project lifecycle & ISO standards,
like 15926.
Enjoy
Q&A with the presenter, IFS Global Product Director for PBS Kenny
Ingram.
Free White Paper:
Process Automation Integration Using OPC
The need to exchange data in real time between
different types of industrial control systems and
business applications has been a reality for a long
time. IFS can provide this integration, opening up
new opportunities for communication in the gray zone
between business applications and production-side
automation systems.
The integration is built using OPC1 technology,
which eliminates the need for expensive custom
interfaces between disparate computing solutions and
enables the creation of re-usable modules, thereby
cutting costs, speeding development cycles and
promoting increased operating efficiency.
One example of this is when an event in the
production system requires some maintenance
activity. The information about the event is sent
from the production system to IFS Applications. A
work order is created automatically based on
criteria-based preventive maintenance, without any
human interaction.
Read more of this white paper today.
Podcast: eCommerce for
Engineer to Order Companies?
You bet! In this
month’s episode of the IFS Radio Network, IFS Senior Implementation
Manager Greg Romanello shares high-level thoughts on how
engineer-to-order (ETO) companies can use ERP to implement e Commerce.
He also outlines the specific benefits that can be expected. ETO and
eCommerce might not sound compatible given that eCommerce is normally
associated with retail or make-to-stock environments, where the web
facilitates simple transactions. But with the right ERP environment, the
complex and collaborative sales and project lifecycles associated with
ETO can in fact be handled electronically. Some of the most common
benefits in this type of arrangement are associated with lean handling
of documents as drawings and other data can be shared in real-time.
Sharing of documents and other communications, according to Romanello,
is best achieved by opening a collaboration portal directly into an ERP
environment – as opposed to bolting on a separate, parallel layer of
technology designed to facilitate collaboration.
IFS
Hosts the First Project-based Industry Advisory Council
IFS launched the first
Project-based Industry Advisory Council (PAC), with the
objective to establish a platform for the exchange of
knowledge and experience between IFS and its customers
within the project-based industry. Those invited are
world-renowned organizations who are all leaders within
their respective field. The agenda revolves around
opportunities and challenges facing the project-based
industry today.
For many years IFS has
worked actively to create forums where customers and
partners can meet and discuss market challenges and
exchange ideas. In addition to user groups, such as
InFocuS in North America, and OpenIFS – IFS’s online
community – the Industry Advisory Councils established a
point of convergence where customers and IFS global
industry experts can discuss needs, requirements, and
ideas in an open manner. This advisory council will be
the first with focus on the project-based industry, an
industry in which IFS has many years of experience.
"One of the central
objectives with this council is to maximize the benefits
that our customers reap from using our project-based
industry solutions," IFS Global Industry Director,
Construction and Contracting Kenny Ingram said. "For
IFS, we benefit from our customers who hold the real
expertise when it comes to best practices within project
management. Our customers get the opportunity to
influence the IFS product direction, which means their
best practice processes can become part of the product."
IFS
Reports Strong Earnings and Cash Flow in 2010
October - December 2010 (Fourth
Quarter)
Net revenue was 3% higher, currency
adjusted.
Cash & cash equivalents at the end of the
period were up over 20% from same 2009
period.
EBIT at SKr 110M.
January - December 2010 (Full Year)
Net revenue was up 4%, adjusted
for currency.
EBIT was up 14%, adjusted for
currency.
Cash flow after investments
up over 25% from same 2009
period.
Key wins in 2010 included:
U.S. Army (A&D industry)
Federal Aviation Administration (A&D
industry)
SPG Solar (alternative energy
industry)
Outlook
IFS expects good organic growth in
2011, with stronger license sales
and an improvement in EBIT.
Click on the following link to view
the full year end report:
IFS Year-End Report Q4 2010.
To view a presentation of year end
highlights click the following link:
Financial Hearings.
iPad
Winner From the PowerGen Trade Show
Pictured above is Mark O'Connor - IFS
Regional Account Manager (left) presenting Ivan Kush (right) from
CalPine the winning iPad. Ivan won the IFS raffle drawing
from the PowerGen Trade Show, which was in Orlando, Florida in December.
Events: Meet IFS at These
Upcoming Events
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Upcoming Events |
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John Molson School of Business
- Business Card Exchange Event
February 23, 2011 in Montreal, Canada
IFS is sponsoring the
John Molson School of Business – Business Card
Exchange Event.
This
event brings professional business executives and
entrepreneurs together for an eclectic cocktail
networking party. The atmosphere is magical as so
many like minded people get together to shake hands,
introduce themselves and meet more business contacts
in one evening than they could in a year.
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AeroDef Manufacturing Expo
April 4-7, 2011 in Anaheim, CA
Visit IFS at
Booth #1419
Be a part of history at AeroDef Manufacturing.
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The
only event to bring together the entire
aerospace and defense manufacturing enterprise.
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A
catalyst for radical change in the face of
government and global economic realities.
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The
only event designed to foster innovation and
collaboration between buyers and sellers at each
stage of the manufacturing process.
AeroDef
is solely devoted to the highly specialized
challenges of these economic sectors. It is an event
of such significance that leading OEM executives
agreed to guide its development.
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FIATECH 2011
April 18-20, 2011 in Chandler, AZ
FIATECH
2011 will begin FIATECH's next 10 years of leading
industry developments in advancing life cycle data
management, design workflows, RFID developments, and
much more.
The
Technology Showcase will provide a unique
opportunity for peer-to-peer exchange and networking
as well as time to envision emerging technologies
and innovative solutions that will enhance your
position in the competitive global market.
By
participating in this 2 1/2 day event you will see
what the FIATECH consortium and its members have
been developing and what is ahead for the next 10
years.
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IFS
Signs 5-year Support Contract With Eurofighter
The Eurofighter
consortium has signed a five-year contract with IFS to
maintain its IFS
Applications-based system, which is handling the
Industrial Repair Service (IRS) for the Eurofighter
Typhoon aircraft. The contract will continue to support
Typhoon deployments through the next five years,
enabling through-life management and support
initiatives.
IRS, which is a key
component of the aircraft’s repair and overhaul
solution, has included modifications and enhancements to
align the system to changing commercial and operational
environments. The Eurofighter consortium targets further
improvements to handle Radar and DASS items which are
now managed under this service.
Eurofighter Typhoon has
been designed for ease of support over its full service
life, and will deliver high operational availability
together with low cost of ownership. IRS is a key
component of the support solution and allows Eurofighter
nations to track critical parts on the operating base or
aircraft, through the industrial repair loop and
transportation system. Performance-related functionality
links payment for the exchange service to the supplier’s
performance, in terms of waiting times and number of
defects per flying hour. Payments and/or penalties are
also linked to agreed performance measurement criteria.
Product Insight:
A Behind the Scenes Look at
IFS Business Intelligence
IFS® and Microsoft® have joined together to deliver a robust
module-based suite of extended object-oriented enterprise class ERP
applications that leverage Microsoft platforms to meet the critical
needs of even the largest organizations.
Through its
 modular
product suite, IFS Applications® focuses on the management of four core
processes: manufacturing, projects, service and asset management and the
supply chain. These solutions seamlessly work together enabling
companies to employ lean enterprise concepts, control costs, manage
projects and increase efficiencies. The integration with Microsoft
technologies, including SQL Server Integration Services® (a core SQL
Server module), SharePoint®, Office and Visual Studio® .NET® has enabled
IFS to reduce cost and ease integration with the desktop environment.
With SSIS, enterprises can gather and
transform data from production sources and transactional views into a
consolidated analytical view. IFS Applications integration with the
Microsoft Office Suite enables users to interact with data within
applications like Excel® and Word, while their work is posted within IFS
Applications – enjoying the full traceability and security benefits of
their ERP environment.
For more information on IFS Business
Intelligence click on the read more today link below.
Free Web-Based Tool
Simplifies CMMS/EAM Evaluation Process
Are you
looking for a CMMS or EAM solution but don't know where
to begin? Try the
Plant Services
CMMS/EAM Software Review tool, an industry-unique, web-based
tool that simplifies the software evaluation process.
David Berger, principal of
Western Management Consultants and a well-known
authority on CMMS and EAM, has teamed up with
Paul Studebaker,
Editor-in-Chief of Plant Services magazine, to create
this sophisticated comparison tool.
Compare with 3 levels of complexity & up to 360 distinct data
points.
Weight software attributes that are most critical to you business.
View
objective side-by-side comparison of multiple solutions at once.
No other
web-based program offers superior analytical capabilities than this CMMS
evaluation program. Try it now and save valuable time!
Meet the IFS Team
Each month the IFS customer newsletter
will feature an IFS employee.
This
month's
spotlight is on:
Tharanga
Jayawardena - Senior Systems Engineer
"I work
out of the Milwaukee, Wisconsin office as a Senior Systems
Engineer. I joined IFS over 10 years ago. The be st
thing that I like about working for IFS is that it gives me a
flexible working environment for me to excel. IFS helps me grow
as an individual by always presenting me with new challenges.
I earned my Bachelors of Science degree in
Information Systems from Manchester Metropolitan University,
located in the United Kingdom.
On a personal note, I am married with one daughter named
Tharuki.
For fun I like to take landscape photography and play with my
daughter. I am also a fan
of the Sri Lankan cricket team and the Green Bay Packers." |
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AGILITY
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SOLUTIONS
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Seven IFS Key Vertical Industries
      
If you're considering new
ERP/EAM options, take a closer look at IFS - the
choice of successful companies such as GE, BMW,
Ericsson, and Lockheed Martin. IFS' component-based
software makes it easier for companies to achieve rapid
bottom-line results. |
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