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: Asset Performance Management, Maintenance, Predictive Maintenance, IIoT, Digital Transformation

2017 Asset Performance Management Predictions

Posted by Jason Kasper on Wed, Feb 01, 2017 @ 10:00 AM

At LNS Research we are excited as to what 2017 will hold! We recently published a blog post to revisit our 2016 predictions, review how we did, and what it means going forward for Asset Performance Management (APM). Now as 2017 is upon us, we would like to discuss our predictions about what we expect to take hold for the year to come.

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Tags: Asset Performance Management, Predictive Maintenance, IIoT, Digital Transformation

2016 Asset Performance Management Predictions in Review: How Did We Do?

Posted by Jason Kasper on Fri, Jan 27, 2017 @ 10:30 AM

The Asset Performance Management market didn’t disappoint in 2016. The momentum and pace of innovation continued in solutions, business models and assets. All bolstered by Internet of Things (IoT) Platforms and the effect they are beginning to have on the Asset Lifecycle.

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Tags: Asset Performance Management, Predictive Maintenance, IIoT

IT vs. OT: Who Does Guerrilla Tech Better?

Posted by Dan Miklovic on Wed, Dec 21, 2016 @ 11:49 AM

Much of the new technology that is the foundation of Digital Transformation, such as the Internet of Things (IoT), Big Data, Cloud, and Mobility have either their roots or widespread proliferation within the consumer sector which drives volume adoption. It is the consumer market size, which accelerates the evolution of the technology as well as the lowering of the price point. In most cases, the consumer-driven adoption of technology has been spurred on by the technologists within the IT department. For many manufacturers, the value of these new technologies is best realized on the shop floor.

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Tags: Big Data, Asset Performance Management, Information Technology, Mobility, Predictive Maintenance, IIoT, cloud, Digital Transformation

Economical Predictive Maintenance and Emerson to Acquire Pentair Valves & Controls Business [Roundup]

Posted by Diane Murray on Sun, Sep 04, 2016 @ 10:00 AM

In this weekly Roundup, LNS Research explores recent announcements and events, such as an economical move towards predictive maintenance; IIC selects ABB to Steering Committee; Emerson to acquire Pentair Valves and Control Business; and Intel demonstrates a new tracking method.  Read More

Tags: Internet of Things, Predictive Maintenance, Smart Connected Assets, IIoT

Harnessing Asset & Knowledge Data for Smart Connected Operations

Posted by Jason Kasper on Tue, Aug 23, 2016 @ 10:01 AM

There is no doubt that the Industrial Internet of Things (IIoT) Platforms are beginning to make an impact on asset intensive industries today. Much of the focus has been on the technological advances in Big Data, Cloud and Analytics, but a big opportunity remains. For years’ organizations have been investing in equipment and people that have generated data. Now that the economies of scale are making prudent sense, it’s time to take advantage in the form of Smart Connected Operations. In this post we will explore the key components of Assets, Workforce Knowledge and Data to harness in the journey towards Smart Connected Operations.

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Tags: Big Data, Predictive Maintenance, Smart Connected Assets, IIoT, cloud

Forget the Fork: Data Goes Farm to Computer as Biotech Seed Company Serves Up Predictive Analytics [Roundup]

Posted by Diane Murray on Sun, Aug 21, 2016 @ 10:00 AM

In this weekly Roundup, LNS Research explores recent announcements and events, such as a biotech company uses Predictive Analytics for farming; Boston, MA MBTA adopts wearables for improved performance; Nestlé expands Quality Assurance center with $31M; Cisco finds a faster way to Digital Transformation; and Exxon Mobil and the Georgia Institute of Technology have found an alternative to avoid carbon dioxide pollution.

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Tags: Quality Management, Big Data, Predictive Maintenance, IIoT, cloud, Digital Transformation

Smart Connected Assets’ Role in Enabling the Workforce and Analytics

Posted by Jason Kasper on Fri, Aug 19, 2016 @ 10:07 AM

Smart Connected Assets are beginning to drastically alter business models. Each day we hear more stories of companies gaining insight from data generated from these assets. This is creating opportunities to ask new questions and enable business models that were not feasible just 5 years ago.

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Tags: Big Data, Predictive Maintenance, Smart Connected Assets, IIoT, cloud, Digital Transformation

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: ERP, Asset Performance Management, Predictive Maintenance, EAM

Harness Big Data & Predictive Analytics to Improve EHS Performance

Posted by Peter Bussey on Wed, Aug 10, 2016 @ 11:22 AM

Driving continuous Environmental, Health, and Safety (EHS) performance improvement depends on operationalizing EHS management: aligning people, process, and technology capabilities for consistent execution of the management system in daily operations. A key aspect of achieving this is effective performance management.

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Tags: Operational Excellence, Big Data, Predictive Maintenance, EHS