In this weekly Roundup, LNS Research explores recent announcements and events, such as IIC's Industrial Internet Security Framework; the new global quality standard for auto industry; a global mining company digitizes global operations; industry-specific PLM approach; and Oracle's acquisition of a supply chain management vendor.Read More
Tags: Supply Chain Management, Manufacturing Operations Management, PLM, Product Lifecycle Management, Quality Management, Quality Management System, IIoT, Digital Transformation, Industrial Internet of Things
The shop floor is clearly lagging in the adoption of cloud-based solutions compared to many other business areas like consumer, marketing, and sales. Not to mention, it’s likely that manufacturing software will remain in a hybrid cloud/on-premise model for the foreseeable future. However, one thing that’s clear is that the trend towards cloud has begun.
For better or worse, the landscape of regulations influences much of what goes on in manufacturing and industrial environments. Whether regulations are created to ensure product or process safety, drive improvements in environmental performance, or reduce the risk of adverse events, one consistency tends to be that they’re becoming increasingly complex and demanding.
EMI or Enterprise Manufacturing Intelligence software appears to be hitting its stride across a wide range of manufacturing industries, due to the need for increased real-time visibility of cohesive manufacturing and business performance-related information. Additionally, advanced, yet simpler-to-use analytics technologies, are becoming a more pervasive component of EMI and other manufacturing business solutions.
From toddlers to octogenarians, it seems just about everyone can navigate the UI of a smartphone or tablet. Don’t think so? Just look around any place where people are trying to kill some time (waiting rooms, airports, etc.). As the degree of power and knowledge at our fingertips continues to reach new limits and further pervade daily life, there seems to be many manufacturing professionals out there wondering what the holdup is on the shop floor, in the office, and in the field.
Throughout the year, the Internet of Things (IoT) was a topic that grew across our research areas and came up a lot in our conversations with both vendors and end users. It seems clear that the wide-ranging potential for smart connected products, assets, and even plants has seeped into people's minds. But for many, it's still seen as something long down the road to make serious investment a possibility.
Every year, there are a few unavoidable topics as you scroll through your newsfeed. Throughout 2014, a main one has been industrial automation—specifically how the expected sharp rise in robotics investments over the coming years has the potential to cause mass unemployment in the industrial sector. Fear mongers and more rational thinkers alike seem to agree there’s cause for concern.
When we look across the landscape of software technologies that are being invested in by the suppliers of manufacturing operations and business/IT solutions, we are seeing a clear trend in the increased focus on applications of both Big Data Analytics and Small/Right Data Analytics.
Today, everyone is talking about technology advancements. References to the Cloud, Mobile, Big Data, the Internet of Things (IoT)—whether central talking points or tangential nuggets that bounce in and out of conversation—have become near ubiquitous across manufacturing industries. It seems clear—most professionals seem to understand at least on some level where the future trends lie in technology for operations.