How the Right Operational Architecture Powers the Analytics That Matter

Posted by Patrick Fetterman on Wed, Jul 25, 2018 @ 02:48 PM

LNS Research has published our Analytics That Matter research report (previously titled Metrics That Matter) for several years, with the original research appearing almost a dozen years ago. The 2018 report breaks new ground by moving from a discussion of metrics to a focus on advanced analytics, and putting analytics into LNS Digital Transformation Framework, backed by our recommendations on Operational Architecture.

Read More

Tags: Metrics, Manufacturing Operations Management (MOM), Big Data, Digital Transformation, Operational Architecture

3DEXPERIENCE in 2018: Bringing in The Industrial Renaissance [MondayMusings]

Posted by Dan Jacob on Mon, Jul 23, 2018 @ 01:45 PM

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

Dassault Systèmes (3DS), a leading European software company providing 3D design and engineering software recently held its two-day event, 3DEXPERIENCE FORUM in Vélizy, France. The event gathered industry analysts and shared the company’s vision with deep dives into products and industries. As always, Bernard Charlès, Deputy Chairman and CEO of 3DS, gave the opening address and update about 3DS strategy. Bernard was in top form, starting with a moving and personal tribute to the late Serge Dassault, Chairman, and CEO of Dassault Group. Serge supported Bernard in his long-term view of how 3DS should develop, and helped 3DS become the innovative and successful company it is today.

Read More

Tags: Solution Vendor / Software Vendor, Digital Transformation, #MondayMusings

How to Choose Your APM 4.0 Partners?

Posted by Dan Miklovic on Tue, Jul 17, 2018 @ 01:48 PM

Asset performance management (APM) 4.0 is a strategy and an approach to maintain and operate manufacturing assets, it’s not an APM 4.0 package that companies can buy “to do APM 4.0.” The APM market is still quite fragmented with few suppliers offering enterprise asset management (EAM) only, others providing just predictive maintenance analytics, while some suppliers offer multiple elements of the APM landscape as integrated and stand-alone solutions. As asset care evolves to allow manufacturers and asset-intensive industries to take advantage of Smart Manufacturing or Industrie 4.0 based digital technologies, businesses need to think about how they are going to maintain these Smart Connected Assets. Big Data analytics, the Industrial Internet of Things (IIoT), augmented reality / virtual reality (AR/VR), and the Digital Twin are critical to future maintenance systems. Trying to categorize all the vendors that provide these technologies can be a daunting task. Pick the wrong set of partners, and you may never realize the benefits of Digital Transformation. Pick the right partners, and you could well outperform the competition. Understanding how to make the right choice of partners is the first step towards APM 4.0.

Read More

Tags: Solution Selection Guide, Solution Vendor / Software Vendor, Digital Transformation, Asset Performance Management (APM)

Enablon Embraces an EHS 4.0 Digital Strategy [MondayMusings]

Posted by Peter Bussey on Mon, Jul 16, 2018 @ 01:31 PM

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

Wolters Kluwer | Enablon recently hosted the Sustainable Performance Forum (SPF) in Chicago for its customers, partners, and solution experts. The event was part of the environment, health, and safety (EHS), risk, and sustainability software vendor’s global series of customer conferences.

Read More

Tags: Solution Vendor / Software Vendor, Digital Transformation, IT/OT, #MondayMusings, Environment, Health and Safety (EHS)

Why EHS Business Leaders Should Leverage Digital Transformation for Predictive Risk Management

Posted by Peter Bussey on Fri, Jun 29, 2018 @ 11:00 AM

More so than ever, the environment, health, and safety (EHS) business function is expected to contribute to sustainable, profitable growth of the enterprise. This is part of the natural evolution of the goals for EHS management over recent decades. Leading companies have shifted their focus away from mere compliance to proactive risk mitigation, Operational Excellence, and shareholder value.

Read More

Tags: Digital Transformation, Environment, Health and Safety (EHS)

5 Most Asked Questions from The Connected Worker: Modernize Safety Risk Management Webcast

Posted by Peter Bussey on Fri, Jun 15, 2018 @ 02:53 PM

On Wednesday, June 13, LNS Research co-presented the webcast, “The Connected Worker: Modernize Safety Risk Management” with Gensuite, a Cloud-based EHS management software provider. The presentation examined how safety and health leaders can use digital innovations to enable the connected worker, improve safety, and mitigate risk.

Read More

Tags: Continuous Improvement, Digital Transformation, Environment, Health and Safety (EHS)

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.

Read More

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

The Connected Worker: Modernize Safety and Risk Management with Digital Innovation

Posted by Peter Bussey on Tue, May 22, 2018 @ 01:28 PM

Digital Transformation is a widespread trend across industry. Our research shows that about two-thirds of industrial organizations have already implemented Smart Manufacturing and Industry 4.0 technologies, or plan to soon. This trend is only accelerating. To date, most companies have focused digitalization investments on using asset- and operations-related data to improve core operational areas such as asset reliability, energy management, and production efficiency.

Read More

Tags: Risk Management, Smart Connected Assets, Industrial Internet of Things (IIoT), Digital Transformation, Environment, Health and Safety (EHS)

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.

Read More

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

Read More

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