17. June 2014
Australian building construction and engineering company Georgiou selects IFS Applications
IFS, the global enterprise applications company, announces that Georgiou Group, a national building construction, civil engineering and property development company based in Perth, Western Australia, is implementing IFS Applications™ as an integrated EAM solution to empower its people to make better decisions and improve productivity.
- Integrated enterprise asset management (EAM) to improve decision-making and productivity
- Smartphone and tablet apps for real-time information access and data entry
- Predictive maintenance and better planning to reduce costs and improve asset utilization
In a phased project, Georgiou will implement IFS Applications and mobile solutions thanks to the IFS Touch App for mobile work orders. It will also integrate the new EAM solution with the company’s existing HR and procurement systems so all relevant asset information—including labor and materials—is entered at source and available in real time.
Georgiou previously used a combination of internally-developed databases and spreadsheets to manage its assets. Due to the company’s substantial growth, these systems could not offer the amount of asset control provided by an EAM solution. They also lacked the ability to streamline maintenance processes and reduce costs.
By consolidating all of its asset-related information with a single application accessible on any device—including smartphones and tablet computers—Georgiou will empower its asset managers, engineers, fitters, and support staff to make better decisions, improve productivity and be fully accountable for their work.
“With IFS, everyone can see what is going on and what impact they are having on the cost of running the company,” said Nigel Lauriston, General Manager Plant for Georgiou. “We are also making our support roles more productive by analyzing and acting on information rather than just entering it into a database.”
Georgiou selected IFS Applications because it “ticked all the boxes”, said Lauriston. This included IFS’s support for a non-proprietary database and its ability to offer the most sophisticated EAM functionality even when integrated with third-party systems. Competing products were unable to match this.
With IFS monitoring asset through-life costs, Georgiou will be able to make better decisions whether to repair, replace, or rebuild any of its 400+ major assets at any stage of the lifecycle. Georgiou will use IFS to compare the operating costs of different brands when purchasing new equipment. It will also be able to predict the costs of operating equipment and produce accurate budgets. “Right down to our fuel burn, what we are chasing is the true cost of running a piece of plant,” said Lauriston. “Whatever activity that plant is working on, we will know the true cost of the operator, the fuel, any damage or maintenance, and see the true lifecycle cost.”
IFS will manage all aspects of the maintenance process, improving the productivity of engineers and fitters. Predictive maintenance capabilities and better planning will also reduce breakdowns and the time equipment spends in the workshop, reducing maintenance costs and improving asset utilization.
“Georgiou’s investment in an integrated enterprise asset management system will give the company control over one of the biggest cost centers in its business,” said Rob Stummer, Managing Director at IFS Australia and New Zealand. “Georgiou is constantly seeking to empower its people to achieve excellence, something we look forward to helping them do with IFS Applications.”
Georgiou is a national building construction, engineering and property development company, delivering major projects across Western Australia, Queensland and Victoria. Our vision is to be 'the best people to work with'
IFS™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.
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