Greg Goodwin

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Oracle’s Asset Performance Management and Industry Solution Capabilities

Posted by Greg Goodwin on Thu, Jul 07, 2016 @ 09:59 AM

As companies today continue to pursue Operational Excellence initiatives, they have some exciting advancements on the horizon in the form of Smart Connected Assets and Smart Connected Operations. It comes as no surprise today that many companies are spending considerable time and resources on bringing together Information and Operation Technology (IT/OT) to begin to build the architecture to facilitate Industrial Internet of Things (IIoT) enabled operations.

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Tags: Operational Excellence, MOM, ERP, Big Data, Asset Performance Management, Internet of Things, Mobility, Smart Connected Assets, IIoT, EAM, cloud

MRO Inventory Optimization with Oniqua Analytics Solution

Posted by Greg Goodwin on Thu, Jun 02, 2016 @ 02:04 PM

The more asset intensive the industry, typically the more disastrous unplanned downtime can prove in meeting production goals, customer expectations, finances, etc. The predictive and reliability centered maintenance being leveraged by leading companies is designed to eliminate this unplanned downtime before it occurs, and is a vital component of Asset Performance Management (APM) strategy.

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Tags: Operational Excellence, Asset Performance Management, Predictive Maintenance

Mtell: Aiding Operational Excellence in Asset Intensive Industries

Posted by Greg Goodwin on Fri, May 13, 2016 @ 10:00 AM

One thing nearly all asset intensive and regulated industries have in common right now is a highly dedicated focus on Operational Excellence. Whether it is Oil & Gas, where sub-$50-per-barrel prices are imposing huge belt tightening, Mining, where demand is sluggish, or Pharmaceuticals, where new ISO standards have forced improved quality management, just about everyone has maximizing the interplay between their people, processes, and technology as a top three objective. Read More

Tags: Operational Excellence, Asset Performance Management, Predictive Maintenance

5 Real Surprises from the 2016 Metrics that Matter Research Study

Posted by Greg Goodwin on Thu, Apr 28, 2016 @ 10:00 AM

For those who are unaware, every two years here at LNS Research we engage with MESA International to conduct the “Metrics that Matter” research study – focused on identifying the most important and cutting edge trends in manufacturing; particularly on the key performance indicators (KPIs) that companies are using as well as the improvements displayed therein.

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Tags: Operational Excellence, Manufacturing Metrics, MOM, Big Data, Internet of Things, IIoT

MROConnection and its Asset Performance Management Solution

Posted by Greg Goodwin on Fri, Mar 25, 2016 @ 10:40 AM

As we dive deeper into the Asset Performance Management (APM) Solution Selection Guide and detail specific APM providers, company sizes served, functionalities delivered, industry strengths, etc., MROConnection comes into light as one of the featured APM providers that offers targeted turnkey MRO and multiple applications.

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Tags: Big Data, Asset Performance Management, Smart Connected Assets, IIoT, cloud

Meridium Asset Answers: The Answer for Asset Performance Management?

Posted by Greg Goodwin on Wed, Mar 16, 2016 @ 10:30 AM

Headquartered in Roanoke, VA and founded in 1992, Meridium is a longtime provider of core Asset Performance Management (APM) technology. Privately held, currently GE holds a 25% ownership interest. The company is considered a pioneer in the APM space and has established partnerships with several organizations, as well.

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Tags: Asset Performance Management

Maintenance Assistant Delivers Multi-Tenant Cloud APM Solutions

Posted by Greg Goodwin on Wed, Mar 09, 2016 @ 10:00 AM

As research data has continued to pour in through our Asset Performance Management (APM) it’s become abundantly clear that organizations have some priorities that are rising to the top. chief among them being obtaining better operational performance. This dominates the question about strategic APM objectives (by 51% to the next most popular answer choice, increasing production capacity and capability, at 11%).  

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Tags: Operational Excellence, Asset Performance Management, cloud

APM and Efficiency Improvements, Diving into IFS' Application v9.0

Posted by Greg Goodwin on Mon, Feb 08, 2016 @ 12:29 PM

Today, particularly in asset intensive industries, research consistently shows that improving manufacturing efficiency is a top operational objective, besting customer, and risk/compliance goals by a decent margin.

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Tags: Big Data, Asset Performance Management, Predictive Maintenance

Maximo and Predictive Maintenance and Quality: The APM Arm of IBM

Posted by Greg Goodwin on Mon, Feb 01, 2016 @ 11:00 AM

Based out of Armonk, NY, IBM is a household name to most; and one of the largest global IT solution providers, offering hardware, software, as well as services. The company’s Maximo product is part of its Asset Performance Management (APM) focused product line and is one the more popular EAM/CMMS applications, deployed by thousands of organizations across many industries.

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Tags: Operational Excellence, Asset Performance Management

GE’s Proficy and its Asset Performance Management Capabilities

Posted by Greg Goodwin on Mon, Jan 25, 2016 @ 10:00 AM

Whether it’s cutting costs, increasing output, delivering higher quality products, or other top operational improvement initiatives, industrial companies today know how important having a continuous improvement mindset is.

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Tags: Big Data, Asset Performance Management, IIoT