Nov 28, 2014 - Renewable energy is a diverse ... system ⦠demands that IFS ... Capital assets for renewable energy can
IFS EXECUTIVE SUMMARY
IFS APPLICATIONS ENABLES AGILITY IN THE RENEWABLE ENERGY SECTOR Renewable energy is a diverse business sector, encompassing green energy generation as well as the development and manufacture of technologies for the industry. Both parts of the industry place extreme demands on an enterprise software system … demands that IFS Applications is uniquely positioned to satisfy. IFS Applications is a leading choice in the area of enterprise asset management (EAM) and asset lifecycle management (ALM) for IFS Applications is used by the largest hydro power plant in the world at Three power generation, transmission and Gorges Dam, allowing only 370 employees to maintain the facility rather than distribution utilities worldwide. And the anticipated 5,000. utilities harnessing the forces of renewable technologies including wind, solar and hydro certainly need excellent information on the costs associated with their assets. Capital assets for renewable energy can be more complex and expensive to develop and involve constant refits to incorporate new technology. This makes tight integration between asset design and engineering absolutely critical. Companies involved in engineering, manufacture, fabrication, construction or sustainment of the technologies and facilities used in the renewable energy industry also demand a highly integrated solution. Core business functions must be extended to deliver product lifecycle management, service management and powerful engineer-to order (ETO) and configure-to-order (CTO) functionality. ALM FOR MISSION-CRITICAL OPERATIONS IFS Applications is the choice of major utilities involved in renewable energy, ranging from the Norwegian solar technology group Renewable Energy Corporation ASA to the Three Gorges Dam in China to major renewable energy utilities in North America. Among renewable energy utilities, managing and maintenance of the asset itself is key. These companies are attracted to the fact that before IFS Applications was a full-blown enterprise solution, it had its origins as a computerized maintenance management system (CMMS) for the nuclear power industry. Obviously, nuclear power is a mission critical, uptime-centric environment, and involves long and complex capital construction and improvement processes. As an integrated ALM solution, IFS Applications can deliver true design, operate, maintain (DOM) functionality, allowing asset owners and their suppliers to collaboratively manage asset design, construction, operation, maintenance and even decommissioning and replacement. Utilities generating renewable power face even greater challenges in this area than their more traditional counterparts in that they may have distributed assets, operate on extremely tight margins and sometimes work on a compressed, shorter, asset lifecycle than would be the case for a coal-fired power plant.
IFS EXECUTIVE SUMMARY
IFS Applications is the choice of companies that develop and manufacture renewable energy technology.
AGILE ERP FOR GREEN TECH For companies involved in manufacturing the next generation of sustainable power systems, from solar panels to wind turbines, agility is the order of the day. These companies need an enterprise resources planning (ERP) system capable of handling their complex business processes – and one that is flexible enough to expand with them as their businesses grow. IFS Applications is unique among ERP products in that it includes embedded eco footprint management functionality. This allows these companies to not only measure their own company’s environmental footprint – which can be critical for both marketing and regulatory compliance purposes – but compute the total environmental impact of its products during their productive life from manufacture to disposal.
FURTHER INFORMATION To find out more about how IFS and IFS Applications™ can help your organization maintain your competitive edge, call (888) 437-4968, or visit www.ifsworld.com.
