Field Service News Research identifies trends amongst field service organisations and the Internet of Things when it comes to the KPIs...

A recent Field Service News Research has taken a deep look into how field service companies are continuing face up to the challenge of harnessing the vast amounts of data they are accessing each day... 

The Growing Dual Challenges of Data in Field Service... 

In a recent article for Field Service News Research, Kris Oldland explored some of the key findings their current research into the use of KPIs amongst field service organisations has revealed when it comes to analysing,  interpreting and reacting to data...

"In today’s connected world, there is just simply so much data being created that we are very much in danger of being overwhelmed and consumed by it unless we are not careful." Oldland wrote. 

"Paralysis by analysis can be a genuine issue that can stifle innovation. In a customer-orientated world, the ability to adapt quickly is becoming a crucial aspect of modern business. Yet, at the same time, so is the increasingly hackneyed phrase ‘data is the new gold’."

"The ability to be able to monitor, measure and then dissect each aspect of our operation - whether it be internally within our teams and operations or externally with regards to our customer interactions, can offer us the ability to leverage vast amounts of untapped insight into our businesses that can literally open up new revenue streams, or at least maximise to the fullest potential those we already have in place," he continues.

Some of the headline findings within the research which Oldland explored within the article include: 

• 67% of field service companies are now using IoT to provide data from assets in the field.
• 72% of these companies are using data from connected assets to predict failure and schedule maintenance around this data
• 54% of these companies can interpret data from assets in the field when providing triage
• 23% of these companies factor this data into the way they analyse field service KPIs

To find out more and also discover the impact of servitization on the KPIs field service companies are measuring check out the latest analysis from Field Service News Research visit https://research.fieldservicenews.com/drownin-in-data-or-gold

Smart manufacturing sector could benefit from collaboration.

Ericsson and Telenor Sweden have signed an agreement making Telenor the first mobile network operator worldwide to join the Ericsson Industry Connect partner program and become a reseller of Ericsson Industry Connect.

Industries and enterprises are transforming as the digitalization of their processes, products and services accelerate. Highly reliable mobile broadband with the capabilities of 4G and 5G is becoming increasingly more important for industries to improve efficiency and flexibility in their operations, drive innovation and to stay competitive.

With this new agreement, Telenor Sweden’s industrial customers will now be able to explore and utilize the full potential of IT-centric LTE networks customized for smart manufacturing applications. This agreement is a significant step, paving the way for future 5G applications across the sector.

Ericsson’s partner program provides a vehicle for communications service providers to resell connectivity technologies to their customers. It also enables independent software vendors, system integrators and tech device partners to offer software, services, and devices as part of the Industry 4.0 ecosystem. 

Kaaren Hilsen, CEO, Telenor Sweden, said: “We are proud to be the first operator joining Ericsson´s Industry Connect partner program and are ready to play a pivotal role in this exciting sector. The manufacturing industry is one of the first to truly reap the benefits of 5G, and this partnership extends our portfolio with a solution that allows Telenor Sweden to capture new opportunities in industrial verticals and improve business outcomes for our customers.”

Åsa Tamsons, Senior Vice President and Head of Business Area Technologies & New Businesses, Ericsson, said: “Industry 4.0 needs secure, reliable, wireless connectivity. By leveraging our 4G and 5G capabilities and adopting Ericsson Industry Connect, Telenor Sweden can now offer its industrial customers a unique cellular connectivity solution that increases efficiency and productivity for the smart factories of the future.”

With an eye to the future and a desire to push today’s technologies to their limit, artificial intelligence (AI) has begun to creep into a variety of service technologies. On its surface, AI might still seem like science fiction, but the number of practical use cases will only increase over time. Are you ready to use AI to its fullest potential?

In this series, run in partnership with IFS, we will be looking to see exactly what impact AI will have on the field service sector and how your organisation can harness it. In part one of this series we looked at some of the AI basics and in part two we explored how tomorrow's advancements in AI can guide us through today's digital transformation. Now in the final part in this series we take a look to the future... 

With an eye to the future and a desire to push today’s technologies to their limit, artificial intelligence (AI) has begun to creep into a variety of service technologies. On its surface, AI might still seem like science fiction, but the number of practical use cases will only increase over time. Are you ready to use AI to its fullest potential?

In this series, run in partnership with IFS, we will be looking to see exactly what impact AI will have on the field service sector and how your organisation can harness it. In part one of this series we looked at some of the AI basics and now we look at how tomorrow's advancements in AI can guide us through today's digital transformation

With an eye to the future and a desire to push today’s technologies to their limit, artificial intelligence (AI) has begun to creep into a variety of service technologies. On its surface, AI might still seem like science fiction, but the number of practical use cases will only increase over time. Are you ready to use AI to its fullest potential?

In this series, run in partnership with IFS, we will be looking to see exactly what impact AI will have on the field service sector and how your organisation can harness it... 

Field Service in the early decades of the twenty-first century has become an increasingly tricky beast to tame. Customer expectations are hurtling forward at breakneck speed to what some companies view as almost impossible standards to reach. The customer of today is not only better informed than ever before, but via the widespread amplification of social media, more powerful also.

In this series, run in partnership with Localz, we look at precisely what these new challenges of modern field service are and how your organisation can adapt and thrive in this brave new world. Part one in the series explored the concept of Customer Expectations 4.0 and in part two we discussed a new approach to FSM systems and then in part three we will take a look at three examples of companies embracing 'Uberization."  Now in the final feature in this series we hear from Localz CEO Tim Andrew and explore why happy engineers equals happy customers. 

Field Service in the early decades of the twenty-first century has become an increasingly tricky beast to tame. Customer expectations are hurtling forward at breakneck speed to what some companies view as almost impossible standards to reach. The customer of today is not only better informed than ever before, but via the widespread amplification of social media, more powerful also.

In this series, run in partnership with Localz, we look at precisely what these new challenges of modern field service are and how your organisation can adapt and thrive in this brave new world. Part one in the series explored the concept of Customer Expectations 4.0 and in part two we discussed a new approach to FSM systems. Here in part three we will take a look at three examples of companies embracing 'Uberization.'

Field Service in the early decades of the twenty-first century has become an increasingly tricky beast to tame. Customer expectations are hurtling forward at breakneck speed to what some companies view as almost impossible standards to reach. The customer of today is not only better informed than ever before, but via the widespread amplification of social media, more powerful also.

In this series, run in partnership with Localz, we look at precisely what these new challenges of modern field service are and how your organisation can adapt and thrive in this brave new world. Part one in the series explored the concept of Customer Expectations 4.0 and now we discuss a new approach to FSM systems...

Field Service in the early decades of the twenty-first century has become an increasingly tricky beast to tame. Customer expectations are hurtling forward at breakneck speed to what some companies view as almost impossible standards to reach. The customer of today is not only better informed than ever before, but via the widespread amplification of social media, more powerful also.

In this series, run in partnership with Localz, we look at precisely what these new challenges of modern field service are and how your organisation can adapt and thrive in this brave new world...