The 3 Essential Capabilities Needed for Operational Risk Management

Posted by Peter Bussey on Tue, Sep 06, 2016 @ 11:14 AM

Operational Risk Management (ORM) centers on Environmental, Health, and Safety (EHS) risks that can cause accidents or incidents anywhere work takes place, whether it's a manufacturing plant, an off-shore drilling platform, a mine, a marine terminal, and so forth. This post will discuss why and how operational risks need to be managed effectively, the three essential ORM process capabilities, and considerations for implementation.

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Tags: Risk Management, Industrial Internet of Things (IIoT), Environment, Health and Safety (EHS)

NEW Rules Enable Best Practices in APM for Rail Industry

Posted by Jason Kasper on Wed, Jul 27, 2016 @ 10:30 AM

Recently the Department of Transportation (DOT) in the United States proposed rules that have put public transit organizations on center stage on approaching maintenance in a best practice way. One particular announcement creates a standard for a National Transit Asset Management system. This would be uses to monitor and manage public transportation assets. Based on the current performance of some transit authorities, it’s a positive step forward to improving safety and increasing reliability and performance of the nation’s transportation infrastructure that serves millions every day.

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Tags: Operational Excellence, Risk Management, Cloud, Asset Performance Management (APM)

Cisco Makes Cloud Acquisition & Intelex Adds EHS Value [Roundup]

Posted by Justine Holt on Sun, Jul 03, 2016 @ 10:00 AM

In this weekly Roundup, LNS Research explores recent announcements and events, such as Intelex acquires Ecocion; Cisco is to acquire CloudLock; Volkswagen settles on emissions scandal; and ABB announces a new location in Silicon Valley. Read More

Tags: Risk Management, Cloud, Industrial Internet of Things (IIoT), Asset Performance Management (APM), Environment, Health and Safety (EHS)

Virtual, Augmented, & Real Reality: Digital Technology Driving IT-OT Convergence

Posted by Dan Miklovic on Wed, Jun 29, 2016 @ 10:12 AM

For virtually every category of technology supplier serving the industrial market today, from automation companies to infrastructure providers to enterprise software providers, the topic of IT-OT (Information Technology - Operational Technology) convergence or IT vs OT is a dominant theme of their solutions marketing.

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Tags: Risk Management, Big Data, Information Technology, Digital Transformation

Why EHS Management Systems Fail, and What to Do About It

Posted by Peter Bussey on Wed, Jun 08, 2016 @ 11:54 AM

On April 17, 2013 when 30 tons of ammonium nitrate exploded at the West Fertilizer Company (WFC) killing 15 people, the last thing anybody was thinking about was “what went wrong with the company’s Environment, Health, and Safety (EHS) management system?” Yet, its failure was the fundamental cause of a preventable catastrophe.

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Tags: Operational Excellence, Risk Management, Environment, Health and Safety (EHS)

Enablon Acquisition Exemplifies Shift in EHS Software Landscape

Posted by Peter Bussey on Fri, Jun 03, 2016 @ 01:30 PM

A big step in the logical evolution of the environment, health, and safety (EHS) software market occurred when regulatory and legal information powerhouse, Wolters Kluwers announced that it will acquire EHS, risk and sustainability software vendor, Enablon.

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Tags: Sustainability, Operational Excellence, Risk Management, Environment, Health and Safety (EHS)

Oracle Increases Cloud Power & GE Seeks New Digital Opportunities [Roundup]

Posted by Justine Holt on Sun, May 08, 2016 @ 10:00 AM

The LNS Research Roundup blog series explores recent industry events, such as Oracle acquiring Opower, Takata recalls increasing, Microsoft acquiring Solair, & GE searching for new opportunities.

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Tags: Enterprise Quality Management System (EQMS), Risk Management, Cloud, Big Data, Industrial Internet of Things (IIoT)

Enablon Sustainable Performance Forum 2016: The Push for Operational Excellence

Posted by Peter Bussey on Thu, May 05, 2016 @ 11:00 AM

Similar to the U.S. Postal Service, neither rain nor floods could keep people away from their appointed rounds to attend the Sustainable Performance Forum (SPF) hosted by Enablon on April 21 in Houston. Despite heavy rains and flooding around that time, and tough business conditions in the local Energy sector, the conference had a strong turnout, with over 200 attendees.

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Tags: Operational Excellence, Risk Management, Big Data, Mobile / Mobility, Predictive Maintenance (PM), Environment, Health and Safety (EHS)

Breaking Out of the Silo: The Executive Commitment and Quality Business Case

Posted by Dan Jacob on Tue, May 03, 2016 @ 10:30 AM

The 2016 Quality research agenda includes several key topics, but no topic can be more important than the business case for quality. Why? Because the business case for quality both determines funding and, possibly more importantly, sets the stage for executive engagement/sponsorship.

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Tags: Enterprise Quality Management System (EQMS), Risk Management, Digital Transformation

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)