Energy, Utilities and Resources
Connected assets, projects, and service empowers companies to stay ahead of the competition as the energy sector transforms to tackle climate change.
Energy companies must ensure net zero goals are met while running efficient operations. This requires a transformation of business models to achieve best-in-class customer service, ensure smart asset management, and optimize workforce and resources.
Sub-industries
84%
of Energy & Utilities companies agree that real time data is critical to success of AI bringing value.
Related Assets
IFS Global Utilities Survey 2024
IFS surveyed over 800 C-level executives from utilities across Europe, North America, the Middle East, and Australia to explore the current state, drivers, inhibitors and future outlook of the utilities industry as they progress on their digital transformation journey.
Digital transformation of your energy & utilities business with IFS Cloud
IFS Cloud helps you navigate the many challenges within the energy sector and meet industry regulations and demands. Watch this video to learn how you can enable smart asset management and optimize a connected workforce with an industry-focused solution, in order to keep ahead of the curve and achieve business success.
IFS Ranked #1 in the Gartner®️ Market Share for Enterprise Asset Management 2023
IFS has been ranked as #1 in the Gartner®️ Market Share: All Software Markets, Worldwide, 2023 in the Enterprise Asset Management (EAM) segment by Revenue for the third consecutive year, with a 20.3% share and 36.4% year over year growth.
Solutions and Capabilities
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EAM energy softwareEAM energy software is an enterprise asset management solution used by energy and utilities companies to help them maximize efficiencies through streamlined operations. Energy project and asset management software is often required to assimilate large volumes of data to provide relevant reporting and analytics. This data can be related to assets such as equipment, machinery and vehicles, human and material resources, inventory, maintenance, documentation and a lot more.
IFS offers EAM software for the energy, utilities and resources industry, encouraging digital transformation and empowering businesses to remain ahead of their competitors. Our energy project management software will also help you optimize and streamline your operations allowing you to focus on business growth and expansion.
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Energy ERP software
Energy companies have very complex demands and often need to comply with numerous regulations. This is why having access to good ERP software is a must for energy companies.
Further, as demand increases for energy related products and services, the need to manage the additional workload and processes efficiently also grows. ERP business management systems and tools can use their inherent business intelligence to manage all business operations like purchasing, inventory management, financial resourcing, project management, data management, cost control and asset management.
IFS Energy ERP software helps them to increase their productivity, improve efficiencies within the workplace and manage their supply chains effectively. -
Upstream oil and gas
All upstream operators strive to be execution-driven, to get oil and gas out of the ground and to market efficiently and profitably. More so, E&Ps are looking for ways to leverage technology and automation to enhance productivity both in the field and back office, maximize asset value and performance, and lower operating expenses.
IFS Energy and Resources software helps upstream operators connect asset performance to profitability while simultaneously building a competitive advantage.
