SAP-Centric EAM and Supply Chain Event Reveals SAP’s Biggest Challenges and Opportunities are Ahead Among Manufacturers and Asset-Intensive Industries [MondayMusings]

Posted by Dan Miklovic on Mon, Apr 09, 2018 @ 01:15 PM

The 14th annual SAP-Centric EAM (enterprise asset management) event was held in Austin, Texas the week of March 26. This is the second year SAP elected to roll its supply chain event into the event that’s produced by ASUG and Eventful Group, and supported by SAP. The combined EAM/supply chain event resulted in a much more diverse set of attendees, an expanded program that reflected the interests of a much broader portion of people from corporate functions in business, and attracted a larger set of SAP partners and third-party solution providers than past events. The Americas’ SAP Users Group (ASUG) drives the program content as well. The event has a very high percentage of SAP user-delivered content, blended with a mix of SAP strategic leadership vision delivery as well as product roadmap previews and technical user group lab environment workshops and roundtables. This event exposes SAP's greatest strengths and the significant challenges it faces going forward in the SAP user community.

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Tags: Solution Vendor / Software Vendor, Enterprise Asset Management (EAM), Digital Transformation, #MondayMusings

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

2018 Asset Performance Management Predictions

Posted by Dan Miklovic on Tue, Feb 06, 2018 @ 10:16 AM

Every year LNS analysts offer up our predictions on what the year will bring in each of our coverage areas. In 2018 the most significant shift in APM will be the move away from the maintenance-centric approach that APM was born from 15-20 years ago including enterprise asset management (EAM), computerized maintenance management systems (CMMS) and a focus on reliability and downtime reduction to APM 4.0. APM 4.0 with the emphasis on Digital Twins and prescriptive analytics is more about asset optimization than just reliability and availability.

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Tags: Predictive Maintenance (PM), Enterprise Asset Management (EAM), Asset Reliability, Artificial Intelligence / Machine Learning (AI/ML), Asset Performance Management (APM)

2017 APM Prediction Report Card

Posted by Dan Miklovic on Wed, Jan 03, 2018 @ 09:01 AM

Every year LNS Research puts forth predictions around the key trends in the Operational Excellence pillars.  In the case of asset performance management (APM), our 2017 forecast focused on a new model emerging for APM, which we ultimately called APM 4.0.  In fact, the "4.0" model also became the basis of our EQMS and EHS coverage throughout 2017, because incorporating digital technologies inherent in business transformation today have become core to every element of Operational Excellence. The specific APM predictions were:

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Tags: Enterprise Asset Management (EAM), Asset Performance Management (APM)

Maintenance Professionals: 21st Century Blacksmiths

Posted by Dan Miklovic on Wed, Feb 15, 2017 @ 11:30 AM

Are maintenance professionals, including reliability engineers, about to go the way of blacksmiths? Digital Transformation makes it possible for IT staff to deliver Predictive Maintenance (PdM) results, but there is still tremendous value and need for maintenance pros.

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Tags: Predictive Maintenance (PM), Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Digital Transformation, Asset Performance Management (APM)

China 2025 with Dassault Systèmes, SAP Vision for Extended Supply Chain, & Emerson Focuses on Financials [MondayMusings]

Posted by Matthew Littlefield on Mon, Nov 21, 2016 @ 10:10 AM

The #MondayMusings, Digital Transformation blog series provides executive level insight and analysis from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Cloud, Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Digital Transformation, #MondayMusings, Asset Performance Management (APM)

APM Update: Private Equity gives IFS a Boost and Schneider Electric Shows Breadth [Monday Musings]

Posted by Matthew Littlefield on Mon, Nov 07, 2016 @ 10:00 AM

The #MondayMusings, Digital Transformation blog series provides executive level insight and analysis from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Enterprise Resource Planning (ERP), Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Digital Transformation, #MondayMusings, Asset Performance Management (APM)

Schneider Electric: A One-Stop Shop for APM Solutions

Posted by Dan Miklovic on Thu, Sep 15, 2016 @ 10:15 AM

Asset performance management (APM) is a critical core competency for many businesses. Any asset intensive service provider such as a utility or transportation company and the vast majority of manufacturers depend on reliable, proper functioning, well-maintained assets to ensure the profitable operation of their business. That’s why we are taking a deeper dive into a company that offers all aspects of APM from acquiring the data on the plant floor to managing the business of maintenance with an Enterprise Asset Management (EAM) solution, Schneider Electric.

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Tags: Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Asset Performance Management (APM)

SAP: Expanding its APM Solutions Portfolio with Analytics

Posted by Dan Miklovic on Fri, Sep 09, 2016 @ 10:30 AM

 

The rapid evolution of new IT capabilities such as Mobility, Cloud, the Industrial Internet of Things (IIoT), and Big Data & Analytics has led to new vendors entering the market, existing vendors expanding their Asset Performance Management (APM) portfolio, and traditional APM vendors rapidly shifting their technology platforms. Today, we take a closer look at SAP and how it is growing from an Enterprise Asset Management (EAM) provider to an APM provider as it continuously accommodates Digital Transformation.

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Tags: Cloud, Enterprise Resource Planning (ERP), Mobile / Mobility, Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Asset Performance Management (APM)

Predictive Analytics: The Gold Rush of 2016

Posted by Dan Miklovic on Tue, Aug 16, 2016 @ 11:30 AM

Each analyst at LNS Research not only has topical coverage, mine being Asset Performance Management (APM) and Enterprise Resource Planning (ERP), but industry focus based on our previous experience. In my case, one of the industries I focus on is mining & metals. I find it helpful to stay in touch with other thought leaders and research activities throughout the industry. During any dialogue or legwork, it's not unusual for the Predictive Analytics gold rush to find its way into the conversation.

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Tags: Enterprise Resource Planning (ERP), Predictive Maintenance (PM), Enterprise Asset Management (EAM), Asset Performance Management (APM)