A HERITAGE OF SOLUTIONS
IFS is the only broad enterprise-suite vendor whose origins lie in the development of asset management solutions for utilities. Energy and utilities remains an IFS primary segment, with more than 180 best-practices solutions implemented globally. These include for some of the world’s largest power-generation projects, national-grid corporations, nuclear-power plants and multi-national generation, transmission and distribution companies. Thereby, IFS Applications supports enterprise-asset infrastructures critical to quality of life for millions.
ASSET DESIGN AND CAPITAL PROJECTS MANAGEMENT
The energy and utilities industries’ on-going capital-construction investments highlight information-management issues. Tremendous expense follows from having stove-piped systems for tracking project stages. Addressing this challenge can be a significant contributor to the overall economics of capacity. IFS Applications serves as the system of record—from planning, design, and construction to operations and maintenance (O&M), furnishing stakeholders with consistent, accurate information.
COMPREHENSIVE VIEWS OF WORK AND ASSET MANAGEMENT
Utilities need integrated asset and financial management to drive better decisions. Equipment-monitoring advances, predictive maintenance and reliability-centered maintenance bring structure to asset-management programs, improving reliability and reducing costs. Maintenance efforts are better directed and inventory control improves with tighter integration with procurement.
SUPPLY-CHAIN & SPARE-PARTS SECURITY
IFS supports the information supply chain that utilities must participate in during projects, operations & maintenance and revamps. Integrated supply chain management of procurements, inventory and vendors means better availability of goods and services associated with forecasts of planned and unplanned work.
A LEADER IN SERVICES PROVIDER MANAGEMENT
European and some US utilities are restructuring service-related aspects of their business as separate entities. IFS was early in developing capabilities to manage third-party service providers as an integral part of the utility enterprise.