Intelligent CIO Africa Issue 77 | Page 48

FEATURE : ENERGY
support service planning , tracking , and optimisation , it can keep the lights on and maximise profitable servicebased revenue streams by combining leading field service management functionality , asset management , scheduling optimisation and mobility .
Besides meeting global decarbonisation goals , access to a reliable and quality energy supply is essential for Africa ’ s economic development . We have just seen unemployment figures skyrocket in South Africa due to energy supply challenges .
With a reliable , consistent , and far-reaching energy supply , Africa can drive industrialisation , boost productivity and economic growth , and improve human development . Looking ahead , governments must reexamine their energy investment policies , partner with the private sector , look to renewables and embrace next-generation technologies .
ERP solutions
Inside the energy supply chain , clients can access IFS Cloud . The software combines a composable , native enterprise asset management , EAM , field service management , FSM , mobile workforce management , MWM and enterprise resource planning , ERP solution , which it has tailored to meet the changing needs of the power generation sector . Which also extends to several renewable energy organisations across the globe .
Key takeaways
• Africa can leverage technology and renewable energies that currently boast 60 % of the world ’ s best global solar resources .
• In Kenya , renewable energy sources generate over 80 % of its electricity , putting the country on its way to generate 100 % clean energy by 2030 .
• Renewable energies require a more servicecentric business model than traditional fossil fuel power stations .
• Renewable energies calls for aftermarket contracts with OEMs to manage servicing of assets , skills transfer to manage assets .
• Power generation requires capabilities that support asset lifecycle management , linear assets , offline remote assets , AI scheduling , optimisation .
• Using these technologies , a power business can immediately , and quickly address complex needs of managing assets , projects , services .
• An area still lacking amongst African power generation businesses is service management .
• When an energy business applies technology to support service planning , tracking , optimisation , it can maximise service-based revenue streams .
Using Enterprise Asset Management , EAM in IFS Cloud unlocks the complete asset lifecycle management , helps reduce the cost of managing assets and asset information , and delivers tools to deliver reliabilitycentred maintenance , preventive maintenance , workforce management , capital project management , overall equipment efficiency and mobility .
With the Enterprise Resource Planning , ERP capabilities of IFS Cloud , energy businesses can draw from seamless functionality across finance , human capital management , customer relationship management , supply chain management , and project management . p
48 INTELLIGENTCIO AFRICA www . intelligentcio . com