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The LNS Research Blog provides an informal environment for analysts to share thoughts and insights directly with our community on a range of technology and business topics
As regular readers of the LNS Research blog are aware, we are big proponents of using metrics. Our Metrics That Matter research done in conjunction with MESA highlighted what metrics manufacturers are using to manage their operations. Asset Performance Management (APM), like Manufacturing Operations Management (MOM), also has a rich set of metrics with twenty or more commonly used today.
We don’t need to be the ones to tell you everyone’s talking about big data, because if you’ve got pairs of eyes and ears then you see and hear about it everywhere. What we will tell you, though, is that interest in the topic seems to only be accelerating.
Here at LNS, we’ve delved deeply into some key areas of business performance and Operational Excellence in recent years, including Enterprise Quality Management, Manufacturing Operations Management (MOM), and Industrial Energy Management (IEM).
Google and its fleet of driverless "smart cars" have captured most of the attention in the future vision of car transportation, but there's another piece to the puzzle that may far outpace these next-generation vehicles, and it's already beginning today: Smart roads.
At LNS Research we believe in the expression “you can’t control what you don’t measure.” With that, we've focused a significant part of our research on identifying the “Metrics That Matter.” And one of the topics of most interest to our Global Executive Council is benchmarking and understanding how to measure performance.
Over the past several years, our analyst team has been enjoying front-row seats to the quality management arena. We’ve collected data from more than 1,000 different quality management leaders, and have personally spoken to a good portion of them. The analysis is showing many different trends, but one that’s standing out above all is the rising awareness and adoption of Enterprise Quality Management Software (EQMS).
Social networking is pervasive in private life, but what about in manufacturing? In this week's roundup we look at the ways today's industrial companies are using social media sites to drive business value, and why no one wants to be left behind.
It’s hard to deny the existing and future potential of creative new applications and the associated benefits that will likely arise from the Internet of Things (IoT) in the industrial sector. However, accelerated adoption is not without its challenges or hurdles that need to be overcome. LNS Research’s goal is to see that all of these challenges are addressed as quickly and as practically possible so the manufacturing industries can continue to accelerate their business success by leveraging these exciting new technologies.
It’s not uncommon today, if you visit a manufacturing plant, to see large digital displays peering down at the workforce, keeping everyone apprised of some of the key metrics, measurements, and statistics of what’s happening on the shop floor. Listed among these backlit harbingers, you might see a board with three ominous vowels—“O,” “E,” “E,” Overall Equipment Effectiveness. Surely this metric holds great importance to all beneath its glow.
In a recent blog post we posited that organizational barriers may be the biggest impediment to getting value from the IoT. Many organizations seem to focus more on who owns and controls systems than how to extract maximum value from those systems.
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