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.Read More
During the week following July 4th, two airlines, flydubai and Qantas, announced that they had deployed IoT systems to optimize flight operations. Flydubai is working with GE Aviation/Predix to reduce the impact of unavoidable delays, optimize flight scheduling, and monitor engine health. Qantas took a different approach, working with the University of Sydney to develop a system that optimizes flight paths to reduce fuel consumption and optimize the airline’s operational efficiency.Read More
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.Read More
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.Read More
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.Read More
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.Read More
In a recent article by Andy Metzger, State House News Service, titled “Fed Review Faults MBTA for Inadequate Maintenance Plan”, reviewed the results of the Federal Transit Administration (FTA) released their triennial review of the Massachusetts Bay Transportation Authority (MBTA).Read More
“Sticks and stones may break my bones, but words can never hurt me” is a phrase I remember from my childhood that may not be true. One need to look no further than today’s highly charged political environment to see that words can matter. In asset performance management (APM) this is also true.Read More
The LNS Research Asset Performance Management (APM) survey has clearly shown by almost 50%, that the number-one goal to improving asset performance within an organization is to have better operational performance. So, now the questions to ask and discuss are:
- How do I, as an APM software user, prove that our organizations investments in the APM landscape are working?
- How do I prove this by providing visibility within the department all the way up at the senior level of the organization to make sure this is the case?
With bold market size predictions ranging from $20B to $50B by 2020, it’s perhaps not surprising that the Internet of Things (IoT) is one of the top three most talked about tech topics these days. Carrying the potential promise of the ability to connect every device on earth, it seems, IoT is going to radically transform both our personal and professional lives. Yet LNS Research survey data shows that in manufacturing and asset intensive industries, IoT has not been broadly deployed and future plans are still being discussed.Read More