NEW Industrial Mobility Solution in the Making & EQT Acquires IFS [Roundup]

NEW Mobility Solution in the Making: Rockwell & Microsoft Collaboration

Many organizations recognize that smart connected assets and the Industrial Internet of Things (IIoT) is quickly building a reputation for a more collaborative industrial environment, and are working towards solutions to increase mobility in the interconnected industrial environment.

Rockwell Automation and Microsoft are building out a toolkit that offers an open-source solution and complimentary applications towards the expansion of a mobile foundation. Each design feature, sourced by the two organizations, coincide to create a problem-solving mobility solution. To find out more about the specific features of the industrial mobility solution click here.

EQT Acquires IFS

Earlier this week EQT has acquired shares of the Industrial and Financial system of IFS. Commenting on the transaction is LNS Research Principal Analyst, Dan Miklovic, “The purchase of a controlling interest in IFS by EQT is a natural evolutionary step, and should benefit existing IFS customers. As software companies mature, and founders look to retire, the options are generally limited. EQT has an established reputation of investing in companies that have a strong future as opposed to a firm that might quickly flip their investment. So, prospects and existing customers should see this as maturing of IFS and look forward to continued investment in product functionality and services.” To read more on this click here.

PTC Releases Windchill 11 for Smart Connect PLM

PTC announced the launch of its product lifecycle management (PLM) software, Windchill 11. The organization claims the software will feature the ability to obtain new levels of connectivity and process improvement, results from the entire, closed-loop product lifecycle, and the ability to stream data from smart connected assets. PTC believes the system is capable of delivering faster decision making by gaining results from Big Data analytics, and a collaboration that enables connectivity between digital and physical domains. To read more about the PLM smart connected software click here.

Fun or Fatal?

How very impressive! The precision and control the operator has - enough to place a coin in a wobbly plastic bottle - is fascinating! It seems as if a trick like this would have taken a lot of practice. And while this video is an entertaining display of man-and-machine power, it urges the question, is this a best practice of safety in an industrial workplace? Aside from raising safety concerns, the time spent on perfecting such a trick also brings risk management into question. At LNS Research, we recognize environmental, health, and safety (EHS) and quality as some of the core pillars to achieving operational excellence. What are your thoughts? Feel free to comment below and let us know what you think.

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