Inforum 2018 More of the Same – And That is a Good Thing

Posted by Patrick Fetterman on Wed, Oct 31, 2018 @ 10:32 AM

LNS has attended the last four Inforum events (the User Conference for Infor customers), and a consistent theme has emerged. At each event, Infor executives review what they promised at the last event, show how they fulfilled those promises (and in some cases exceeded them), and then announce what they intend to accomplish in the next year. The 2018 event held in Washington DC the last week of September followed the same script.

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Tags: Solution Vendor / Software Vendor, Cloud, Enterprise Asset Management (EAM)

Manufacturing ERP Vendor Plex Systems Acquires IIoT Firm DATTUS [MondayMusings]

Posted by Patrick Fetterman on Mon, Oct 15, 2018 @ 10:27 AM

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

On July 31, manufacturing ERP vendor Plex Systems announced the acquisition of DATTUS, an Indianapolis-based software company focused on collecting machine data from the factory floor and applying advanced analytics. Terms of the deal were not disclosed .

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Tags: #MondayMusings, Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Cloud, Enterprise Resource Planning (ERP)

PowerPlex 2018 – Customer Experience and Momentum [MondayMusings]

Posted by Dan Jacob on Mon, Jun 11, 2018 @ 11:37 AM

A few weeks ago, I attended PowerPlex, Plex Systems’ (Plex) annual user conference. The event was held in the heart of Detroit, fitting given Plex’s strong presence in the automotive supply chain and discrete manufacturing. The PowerPlex event continued to grow this year, reflecting Plex’s strong year-over year growth in users (expanded usage in 294 existing customers) and customers (65 new customers). The strength of the Plex platform is a vital growth enabler and differentiator. The platform delivered 1.7 T transactions, 779M web service calls, and 99.9998% uptime in 2017, all with better than 500ms response rate on its multitenant Cloud platform.

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Tags: #MondayMusings, Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Cloud

Smart Manufacturing Experience 2018: IIoT, VR/AR, 3D Printing, and Whatnot

Posted by Vivek Murugesan on Fri, Jun 08, 2018 @ 10:29 AM

The Smart Manufacturing Experience launched its first edition of manufacturing event on April 30, 2018 at the Boston Convention Center. The 3-day event, which focused mostly on Smart Manufacturing, the Industrial Internet of Things (IIoT), additive manufacturing, and augmented reality/virtual reality (AR/VR), witnessed several hundred presenters and attendees from an assortment of companies including IIoT Platform start-ups, industrial analytics providers, 3D printing companies, and big technology players like Microsoft, PTC, among others.

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Tags: Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Industrial Transformation / Digital Transformation, Cloud, Industrial Internet of Things (IIoT)

OSIsoft User Conference 2018: Continued Evolution and Momentum [MondayMusings]

Posted by Matthew Littlefield on Mon, May 14, 2018 @ 11:13 AM

A few weeks ago, I had the opportunity to attend the OSIsoft User Conference in San Francisco. While the event overlapped with the biggest industrial trade show in the world, Hannover Messe, there was no noticeable impact on OSIsoft User Conference’s attendance. The conference has continued to grow year over the years, and this year the event expanded beyond the regular hotel contract to spread across three separate hotels.

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Tags: #MondayMusings, Solution Vendor / Software Vendor, Cloud, Information Technology

Hannover Messe 2018: Digital Transformation, Edge, Cloud, and More [MondayMusings]

Posted by Andrew Hughes on Mon, May 07, 2018 @ 12:34 PM

In 2013, the concept of Industrie 4.0 was first touted at Hannover Messe, the world’s largest, and most expensive manufacturing show for exhibitors, industrial automation, and equipment. In the ensuing five years, the halls have been full of hype, everything 4.0 and grand promises of what is coming soon. Thankfully, signals from the Messe this year are aimed at delivery on a commercial scale. The Industrie 4.0 messaging spread across dozens of stands has gone, and the stand holders seem to be ready to deliver the first stage of benefits that Digital Transformation promises.

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Tags: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), #MondayMusings, Solution Vendor / Software Vendor, Cloud, Industry 4.0 / Smart Manufacturing, Manufacturing Operations Management (MOM), Asset Performance Management (APM)

5 Common Mistakes Companies Make When Modernizing Their ERP Application

Posted by Dan Miklovic on Tue, Apr 24, 2018 @ 11:21 AM

As the enterprise resource planning (ERP) market approaches the quarter-century mark, many manufacturers and asset-intensive industries are going through an upgrade or refresh cycle. With the growing importance of Cloud, mobility, Big Data analytics and the Industrial Internet of Things (IIoT), these firms are frequently driven by competition, or senior management’s desire to change the company's competitive position, through Digital Transformation to become a Smart Manufacturing company. LNS has numerous end-user clients that see their business environment changing, and application decisions they made one or two decades ago now leave them with a technology portfolio that inhibits their ability to pursue Digital Transformation. Data from our IIoT survey shows that of the nearly 650 respondents, 62% list enterprise application spending as the number one investment area, over Big Data analytics and knowledge management. Unfortunately, many firms struggle with choosing their next generation ERP technology. What are the most common mistakes that make it so hard?

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Tags: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Enterprise Resource Planning (ERP), Cloud, IT/OT

Infor Innovation Summit Lives Up to Its Name, Validates Digital Transformation is a Necessity [MondayMusings]

Posted by Dan Miklovic on Mon, Mar 26, 2018 @ 12:50 PM

Infor, an enterprise software company, brought together the analyst community at its New York headquarters for another Innovation Summit to share updates on progress and plans for its product set. The Infor senior leadership team, backed by several customers, walked analysts through the entire product portfolio. Often perceived as “the other ERP company,” in the shadow of SAP and Oracle, Infor deserves more credit for innovation and adoption of future trends and technology. Infor was the first of the major enterprise application players to embrace Cloud and user experience, and was a very early proponent of analytics and artificial intelligence (AI). Much of the progress Infor made has been in industries outside of manufacturing like healthcare, transportation, retail, and in standard business functions such as human capital management (HCM). Manufacturing and asset-intensive industries should take note as they will benefit from the advances the software vendor is bringing to the market, in addition to all the Cloud capabilities directly associated with manufacturing in relevant CloudSuites. The Innovation Summit featured several end-users who made it clear they see Digital Transformation as their only option.

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Tags: Industrial Transformation / Digital Transformation, Mobile / Mobility, Cloud, Asset Performance Management (APM), Enterprise Asset Management (EAM), Artificial Intelligence / Machine Learning (AI/ML), #MondayMusings

EHS Leaders Face a Digital Inflection Point [MondayMusings]

Posted by Peter Bussey on Mon, Mar 19, 2018 @ 11:49 AM

Earlier this month, I participated in the NAEM EHS and Sustainability Software conference in St. Petersburg, FL. I’ve come to rely on this annual event as the place with highest concentration of people, companies, and content focused on EHS information technology (IT). This year’s event did not disappoint.

Click here to speak with Peter Bussey

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Tags: Environment, Health and Safety (EHS), #MondayMusings, Industrial Transformation / Digital Transformation, Information Technology, Big Data, Cloud, Industry 4.0 / Smart Manufacturing

People and Data in MOM and PLM in the IIoT Age

Posted by Andrew Hughes on Tue, Mar 06, 2018 @ 01:12 PM

In my long career in manufacturing operations, I have had many discussions with product design teams for discrete manufacturing. These discussions have ranged from pure delight to taxing because while the product designers were smart and creative they were also somewhat self-centred. Sharing of data has been a natural extension of sharing ideas, goals, and success for those of us who have worked together in design and operations, and data sharing usually resulted  in new products.

Click here to speak with Andrew Hughes

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Tags: Industrial Internet of Things (IIoT), Manufacturing Execution System (MES), Manufacturing Operations Management (MOM), Information Technology, IT/OT, Cloud, Enterprise Resource Planning (ERP), Product Lifecycle Management (PLM)