Oracle’s Asset Performance Management and Industry Solution Capabilities

Posted by Greg Goodwin on Thu, Jul 07, 2016 @ 09:59 AM

As companies today continue to pursue Operational Excellence initiatives, they have some exciting advancements on the horizon in the form of Smart Connected Assets and Smart Connected Operations. It comes as no surprise today that many companies are spending considerable time and resources on bringing together Information and Operation Technology (IT/OT) to begin to build the architecture to facilitate Industrial Internet of Things (IIoT) enabled operations.

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Tags: Operational Excellence, Manufacturing Operations Management (MOM), Cloud, Enterprise Resource Planning (ERP), Big Data, Mobile / Mobility, Smart Connected Assets, Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Asset Performance Management (APM)

APM Market Acceptance of Cloud Delivery Can Pay Dividends

Posted by Dan Miklovic on Wed, Jul 06, 2016 @ 10:45 AM

During recent research activities associated with preparing the Asset Performance Management (APM) Solution Selection Guide, reports on service providers and specialized vendors in the APM space, and attenting several vendor events over the last year; I've been frequently hearing encouraging feedback about growing acceptance of Cloud delivery of various APM-related solutions.

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Tags: Cloud, Enterprise Resource Planning (ERP), Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM)

Getting APM & IIoT Connected at the ABB Customer Conference

Posted by Jason Kasper on Tue, May 17, 2016 @ 10:00 AM

This week I had an opportunity to attend the ABB Customer Conference in Atlanta, GA to get an understanding and viewpoint on how ABB Enterprise Software is bringing together solutions to tackle the most pressing issues in Utilities, Oil & Gas and Mining.

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

Cloud, Big Data, & Analytics Getting Serious Vendor Attention in Manufacturing [MondayMusings]

Posted by Matthew Littlefield on Mon, May 16, 2016 @ 10:00 AM

This week LNS analysts participated in two web-based events hosted by two of the largest IT vendors; IBM and Microsoft. In both events Cloud, Big Data, and Predictive Analytics were at the heart of the discussions. The IBM presentation focused on IBM’s strategy with its Watson Platform and supporting predictive tools from SPSS as they applied to a number of industries, including manufacturing. Microsoft’s event was specific to manufacturing.

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

Understanding Risk vs. Criticality Can Make All the Difference in Rail

Posted by Jason Kasper on Wed, Apr 27, 2016 @ 10:34 AM

Healthy assets are the foundation of a healthy business. And how can organization make sure their assets are healthy? There are two ways an organization can maintain healthy assets.

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

The Link Between APM & EHS: Sometimes It Isn't So Obvious

Posted by Dan Miklovic on Wed, Mar 23, 2016 @ 10:00 AM

We have published posts linking asset performance management (APM) to safety and operational risk management, and it just seems obvious that poorly maintained equipment leads to poor Environmental, Health, and Safety (EHS) performance. Unfortunately, outside of the links between equipment failures and safety incidents,the data that leads to direct evidence of poor maintenance maintenance causing poor environmental performance or worker health is more difficult to come by.

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Tags: Big Data, Enterprise Asset Management (EAM), Asset Performance Management (APM), Environment, Health and Safety (EHS)

The Next GEC Meeting: Gain Management Buy-in for APM Transformation

Posted by Dan Miklovic on Wed, Feb 17, 2016 @ 10:30 AM

Several of my recent posts have dealt with the importance of leadership’s support and management’s perception of maintenance in the context of asset performance management (APM). As with every other business process improvement (BPI) initiative, if management doesn’t buy-in significant and sustainable improvement will prove elusive.

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

Infor on APM and its EAM Energy Performance Management

Posted by Justine Holt on Fri, Feb 12, 2016 @ 12:10 PM

APM-Fig-6.jpgContinuing with our Asset Performance Management (APM) Solution Selection Guide, we’d like to take a closer look at Infor, a large enterprise software provider. Infor, headquartered in New York, is best known in the market for its Infor Enterprise Architecture Management (EAM) and Infor EAM Energy Performance Management products.

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Tags: Big Data, Smart Connected Assets, Industrial Internet of Things (IIoT), Enterprise Asset Management (EAM), Asset Performance Management (APM)

Oracle’s 10th Annual EAM Summit Marks Progress and Reveals Future

Posted by Dan Miklovic on Fri, Feb 05, 2016 @ 10:00 AM

In conjunction with Oracle’s Modern Supply Chain Experience event held in San Jose, CA during the last week of January there was a program devoted to Oracle EBS EAM users. This program was billed as the 10th Annual EAM Summit, and had activities and content devoted to maintenance professionals using Oracle’s EAM module.

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Tags: Cloud, Enterprise Asset Management (EAM)

Next-Gen APM Partnership & ESI Acquires ITI GmbH [Roundup]

Posted by Justine Holt on Sun, Jan 10, 2016 @ 10:00 AM

Esi Expands with Acquisition of ITI GmbH

The ESI Group expanded its analysis portfolio with the acquisition of ITI GmbH this past week. The ESI Group, which provides a portfolio of analysis tools such as multi-physics Finite Element Method (FEM), Computational Fluid Dynamics (CFD) and Big Data Analysis focused on components, assemblies and manufacturing.

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