IFS Applications Ranked Number Three in EAM Software
Worldwide
 IFS has been
identified as the third largest vendor of enterprise asset management (EAM)
software by ARC Advisory Group, the leading information technology
research and advisory firm for industry and infrastructure.
The ARC Advisory Group has ranked IFS
as:
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#1 vendor
for EAM software in the
Aerospace and Defense
industry
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#2 vendor
for EAM software in the
Oil and Gas
industry |
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#3 vendor
for EAM software in the
Power Generation
industry |
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#3 vendor
for EAM software
globally |
IFS Applications™ is a
component-based extended ERP suite built on service-oriented
architecture (SOA) technology. IFS provides software solutions that
serve manufacturing, project-based and asset-intensive industries. ARC
Advisory Group, in its new publication “Enterprise Asset Management and
Field Service Management, Five Year Market
Analysis and Technology Forecast through 2015,” identified IFS as the
largest EAM vendor in aerospace and defense, the second largest vendor
in oil and gas and the third largest vendor in power generation. Across
all industries, IFS was ranked by ARC as the third largest vendor
globally.
“Some consider EAM a mature technology, but
today’s dynamic market forces demand operational
excellence and high return on assets. This drives the need for a modern
EAM system – particularly for the asset intensive industries,” ARC
Advisory Group Research Director Ralph Rio said. “They want to move
beyond simple maintenance management, and towards the ability to make
asset data more interactive with the rest of the enterprise.”
“What is helping IFS and IFS Applications
add new EAM customers is the fact that we have the flexibility to offer
more than EAM,” IFS North America President and CEO Cindy Jaudon said.
“Yes, we can integrate our maintenance and asset management
functionality with an existing enterprise resource planning (ERP)
solution including SAP. Or we can offer a full-fledged ERP solution as
well – or an EAM solution with as much or as little ERP functionality as
the customer might need – all as part of a seamlessly integrated
application.”
For ARC’s report, visit
http://www.arcweb.com/Research/Studies/Pages/EAM.aspx
and view an overview or obtain the
full-length report.
 |
Obtain ARC Report |
Top
IFS Continues to
Deliver on Business Intelligence Strategy
IFS, the global enterprise applications company,
today announces continued deliveries of the company’s
Business Intelligence (BI) concept. IFS’s holistic and
long-term commitment to development of BI includes new
functionality and extended integration options.
IFS announces its offering for BI based on a flexible
“BI by Choice, BI Built in” concept, where customers can
integrate the BI platform of their choice with IFS
Applications or choose the Microsoft BI solution as
built-in functionality.
With the “BI Built in” concept, IFS promotes BI as an
integrated part of the day-to-day business processes.
The built-in BI components are best conceived of as
natural parts of the overall system. In practical terms,
this means more BI capabilities built right into the
user experience of IFS Application. The built-in aspect
also includes an extended and deepened integration with
Microsoft BI Solution. This out-of-the-box BI package
harnesses the extensive BI capabilities of Microsoft BI
and marries it with the intuitive design of IFS
Applications, producing a complete and seamlessly
integrated solution.
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Read More |
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Free White Paper:
ERP Can Be A Barrier To Agility in Electric Power Sector
Many companies in the electric power industry are
facing major changes including
consolidation, extensive construction of new assets,
asset lifecycle extensions or
deployment of new business models or technologies.
Never before has the ability to
effect rapid business change - enterprise agility -
been so important in this sector.
In many cases, the enterprise software used to run a
business is not equipped to help companies
successfully negotiate changes. According to the
results of a study conducted by IFS North America
and POWER magazine, the enterprise resource planning
(ERP), enterprise asset management (EAM) and other
enterprise software can be a significant barrier to
enterprise agility. In the study, 100 energy
executives shared their thoughts about whether their
enterprise software was helping or hindering their
enterprise agility.
This whitepaper examines the different enterprise
agility barriers reported by study respondents and
discusses how energy industry executives can select
software for enhanced enterprise agility and change
readiness.
Read this white paper today!
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Direct Link to
Free White Paper |
Podcast: Selecting EAM for Reliability Centered
Maintenance (RCM)s
 Reliabiity
Centered Maintenance (RCM) is one key deliverable from implementing
Enterprise Asset Management (EAM) software. But IFS EAM expert Jerry
Browning explains that RCM doesn't come right out of the box, and a
company needs to select EAM software that will meet its changing needs
on its journey towards RCM.
In this month's episode of the IFS Radio
Network, Browning outlines five distinct levels of development companies
must pass through before achieving RCM.
"You want a scalable
software. You want one where you can start with the basics
and build up. As your maintenance program progresses, there
are more tools in your little CMMS toolbox that you can
use... At IFS, we cover that pretty well. You can start with
the basics."
~ Jerry Browning, IFS North America Business
Consultant |
Top
View the
CMMS/Asset
Management
Webinar from Plant Services
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Plant Services Webinar - CMMS/Asset Management
In case you missed this webinar on May 26, 2011, that Plant Services
hosted, you can now play back the recording. The webinar featured expert analysts and maintenance professionals,
which highlighted how companies use CMMS and asset management software to create more efficient maintenance planning. This webinar identifies best practice and demonstrate the software companies are using to make better-informed maintenance decisions.
Play back the CMMS/Asset Management Software webinar and also view the full 2011 Plant Services' Performance Optimization Webinar lineup.
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Mike Bacidore,
Editor-in-Chief,
Plant Services |
Presenters:
David Berger,
Certified Management Consultant,
Director of Western Management Consultants of Ontario |
Michael Blalock,
Global Industry Director for Energy and Utilities, IFS |
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International Renewable Energy
Consultancy Natural Power Selects IFS
One of the leading
international renewable energy consultants, Natural
Power, has chosen to deploy IFS Applications to
consolidate its business systems and support 50 percent
minimum year-on-year growth plans.
Natural Power provides
practical consulting, management services and product
innovations for the global renewable energy industry.
Its capabilities include onshore and offshore project
management for the lifecycle of renewable energy
ventures, from design and development of wind farms to
the geotechnical analysis, site management and due
diligence of client sites.
Natural Power is widely
respected as one of the leading consultancies for the
construction of wind farms in the UK, currently
operating one in five of the UK's installed onshore wind
capacity. With such a wide range of services offered
from international offices in the UK, North America,
South America, France and Turkey, Natural Power requires
access to business-critical information to help achieve
the success of its projects.
"As
the business has expanded and stringent environmental
reporting regulations have increased, business heads in the
renewable energy industry are required to be increasingly
accountable for their revenue streams and environmental
accountability. This has placed greater pressure on finance
teams to provide meaningful data on a timely basis. An added
benefit of IFS Applications is that it will allow the
finance functionality to tie into document management. We
expect this will enable us to analyze both our financial
status and environmental accountability more accurately and
cohesively."
~ Billy MacMillan, Finance Director, Natural
Power |
The scope of the IFS
Applications product was a key factor in the selection
process. Billy MacMillan, Finance Director at Natural
Power said, “We selected IFS on the basis that it has a
single product encompassing a complete suite of business
management modules offering seamless visibility and
reach. As a product and project-based company, we need a
fully-integrated solution to secure a real-time global
overview of business-critical information. We chose IFS
Applications as it doesn’t try to bridge communications
between various different systems, but instead offers
one unified product capable of spanning our entire
business.”
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Read More |
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Events: Meet IFS at These
Upcoming Events
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Upcoming Events |
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APICS
October 23-25, 2011 in Pittsburgh, Pennsylvania
Visit IFS at
Booth #406
The APICS International Conference &
Expo is one of the world's largest gatherings of
operations management professionals, and it provides
an annual interactive learning environment to share
ideas and learn from peers.
 Attend
the Brewing Up Profitable Sustainability Management
session by
IFS Senior Advisor
William Leedale (CFPIM, CIRM, CSCP).
Session Description: From the big companies to
the little guys, today's brewing companies are going the extra mile to
report on their sustainability initiatives. Industry leaders recognize
that sustainability encompasses the four areas of the UN Global Compact:
human rights, labor, environment, and anticorruption. This session will
explore corporate social responsibility (CSR) - as addressed in Global
Reporting Initiative G3 guidelines - and how it is applied in the
brewing industry.
Attend this session to identify what makes a good
sustainability management system, learn how different breweries have
developed systems to support their needs, effectively report to your
stakeholders on your company’s CSR performance and learn about the G3
guidelines and how breweries follow them so well. |
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The Importance of User
Experience in Business Software
How can software vendors apply user experience in the world of business
software? In many ways, this will be the central question in the coming
years. In general, the answer is to recognize the importance of user
experience in all stages of the development process, and to refrain from
making it the first sacrifice when budgets and deadlines tighten.
Let's take the simple scenario of a user
filling in an expense report, which has to be booked against a project,
but he or she doesn’t yet know which project the expense should be
assigned to. Typically, software will present the user with a “project
code is a mandatory field” message and force the user to discard the
half-completed expense report only to re-enter it the next day when the
user has asked someone which project code to use. Now imagine that
instead, the software says “project code is a mandatory field, would you
like to save the expense report as a draft for now?”, allowing the user
to keep the data filled in and complete it later. This is exactly how
IFS’s new IFS Enterprise Explorer user interface behaves. And not only
that - it also creates a follow-up task for the half-completed expense
report, to remind the user to complete it at a later time. Such behavior
in the software presents the user with a positive experience and
thoughtful handling of their problem (of not knowing the project code)
that they were not expecting.
For IFS, user experience is already a
factor that permeates all product development activities. Looking
forward, IFS se es
an awakening interest in questions of user experience across the ERP
industry. As major platform technologies such as iOS, Android and
Windows continue to differ on an architectural level, they will converge
on an interface level. The result will be a gamut of consumer software
that looks and feels almost exactly the same. It is against this
backdrop that ERP vendors such as IFS must stake their claim for the
hearts and minds of the users. The crucial first step is to acknowledge
user experience as a concept of central importance and to examine the
boundary that has traditionally set business software apart from
consumer software when it comes to elegance and positive interaction.
These efforts must always be complemented by close and responsive
collaboration with customers, since they will offer the most relevant
feedback on what a positive software user experience should be like.
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Meet the IFS Team
Each month the IFS customer newsletter
will feature an IFS employee.
This
month's
spotlight is on:
Nick
Carberry
- Regional Account Manager
"I
am a Regional Account Manager for IFS, working out of my home
office in Canton, Georgia. I have a degree in Business
Management & Entrepreneurship from
Kennesaw State University. In 2010, I won the Atlanta's Power
30, Under 30 award - for the business and community service
category.
What I enjoy the most about working
for IFS is the people and the tenure associated with
them…unprecedented for a company of IFS' nature and size!
On a personal note, I am married
and have a 4-year-old pet Beagle named Ralphie. I enjoy playing
tennis and golf, photography, riding my Harley bike, blogging
about life, and entering BBQ competitions." |
Top
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IFS DOWNLOAD CENTER
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FREE EAM EVAL TOOL
Are you looking for a CMMS/EAM solution but
don't know where to begin? Try this Plant
Services CMMS/EAM Software Review tool, an
industry-unique, web-based tool that simplifies
the software evaluation process. |
DESIGNED FOR
AGILITY
IFS, the glob al
enterprise applications company, provides solutions that
enable organizations to respond quickly to market
changes, allowing resources to be more agile to achieve
better business performance and competitive advantage. |
IFS
SOLUTIONS
|
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Contact IFS at
1-888-437-4968 |
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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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