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Today, everyone is talking about technology advancements. References to the Cloud, Mobile, Big Data, the Internet of Things (IoT)—whether central talking points or tangential nuggets that bounce in and out of conversation—have become near ubiquitous across manufacturing industries. It seems clear—most professionals seem to understand at least on some level where the future trends lie in technology for operations.
As discussed by my colleague Mehul Shah yesterday in his post about our experiences at PowerPlex, Plex Systems' user conference, cloud-based ERP is alive and well. Over 200 firms sent 900 attendees to the event and all were either already using Plex Systems’ Cloud-based ERP solution or about to implement it. The conference mood was upbeat and customers were nearly unanimously positive about their Plex Systems experience.
In comparison to other areas like sales, marketing, and service, in the past manufacturing executives have not been particularly savvy when it comes to implementing emerging software on the plant floor. But over the years we've been watching companies like Plex Systems’ change that, moving forward the capabilities and adoption of cloud-based manufacturing solutions. The hundreds of manufacturers at the PowerPlex user conference last week were a testament to that forward progress.
In manufacturing, where competition, customer demands, and business complexity continue in an upward trend, the ability to successfully manage all aspects of manufacturing business operations and to connect systems and people on the shop-floor to the upper-level business suite quarterbacking the enterprise is becoming more and more challenging.
This LNS Research article discusses recently published industrial content. The round-up for this week includes topics such as advancements in offshore wind energy, ROI of big data for manufacturers, product lifecycle management (PLM) as it relates to quality, and developing centralized energy management.
Did you know that the global report card displays a 'D' when it comes to our effort of combating global warming? That manufacturing accounts for 16% of Gross Domestic Product (GDP) and 14% of worldwide employment? Or that GE has lowered its sticker price by 20% due to homeshoring? Me neither, and percisely my reasoning for incorporating the below articles into this week's round up. Enjoy.
Yesterday, SAP announced the release of Business Suite on HANA in a multi-cast press event held simultaneously in Germany, New York, and California. Even though this announcement could have been foreseen as a natural progression of both the organic development of HANA and SAP’s acquisition strategy over the past 6 years, it was met with a great deal of excitement from the analyst, partner, and customer communities.
On June 6, 2012, it was announced that private equity firm Francisco Partners plans to acquire Plex Systems, a pioneer in Cloud ERP manufacturing solutions. Accounting for the facts that Plex Systems is a fast growing competitor in the market and the ERP space is one of the most mature software segments today, this move has the potential to be beneficial for Plex Systems' strategic positioning and growth.
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