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Reliability Radio EP 339: THE 'MUST TO DUST' SECRET, Jon Mortensen - IFS

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Manage episode 512881483 series 2401629
Content provided by Terrence O'Hanlon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Terrence O'Hanlon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jonathan and Brendon welcome Jon Mortensen from IFS on Reliability Radio for a discussion that defines the future of enterprise asset management. Jon reveals IFS's commitment to the full Asset Lifecycle Management (ALM) journey, which they call the "Must to Dust" cycle.

The key focus is on solving the universal problem of capital constraint. Learn how the strategic acquisition of a leading Asset Investment Planning (AIP) company allows IFS to optimize capital expenditure, evaluating repair vs. replace decisions, and leveling financial peaks and troughs over a 20-year horizon.

This episode details:

Industrial AI: How IFS avoids the "University of TikTok" problem by using a closed, pre-trained AI ecosystem that leverages your organization's manuals and data, making AI practical and reliable.

The Future of Work: The imminent arrival of AI Agents designed to automate mundane business processes, like procurement, dramatically reducing "busywork."

ALM Strategy: Why 80% of an asset's cost is determined before it's even purchased, and how this data-driven philosophy changes maintenance strategy forever.

  continue reading

349 episodes

Artwork
iconShare
 
Manage episode 512881483 series 2401629
Content provided by Terrence O'Hanlon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Terrence O'Hanlon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jonathan and Brendon welcome Jon Mortensen from IFS on Reliability Radio for a discussion that defines the future of enterprise asset management. Jon reveals IFS's commitment to the full Asset Lifecycle Management (ALM) journey, which they call the "Must to Dust" cycle.

The key focus is on solving the universal problem of capital constraint. Learn how the strategic acquisition of a leading Asset Investment Planning (AIP) company allows IFS to optimize capital expenditure, evaluating repair vs. replace decisions, and leveling financial peaks and troughs over a 20-year horizon.

This episode details:

Industrial AI: How IFS avoids the "University of TikTok" problem by using a closed, pre-trained AI ecosystem that leverages your organization's manuals and data, making AI practical and reliable.

The Future of Work: The imminent arrival of AI Agents designed to automate mundane business processes, like procurement, dramatically reducing "busywork."

ALM Strategy: Why 80% of an asset's cost is determined before it's even purchased, and how this data-driven philosophy changes maintenance strategy forever.

  continue reading

349 episodes

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