When pursuing Digital Transformation efforts, it is important to understand the roadblocks one may face when moving forward. There is a direct correlation between education on new technologies such as Industrial Internet of Things (IIoT), an integral component of both Smart Connected Assets and Digital Transformation, and the ability to build a business case and therefore get the funding you require to execute on a project.Read More
In this weekly Roundup, LNS Research explores recent announcements and events, such as Siemens' new PLM offering; collaboration and testing for a new connectivity device and platform; Faurecia's Industry 4.0 plant in Indiana; and a Panasonic/Schneider Electric partnership and integration for energy management.Read More
As an Environment, Health, and Safety (EHS) manager or professional, you’re well-aware of the critical role EHS plays in Operational Excellence. There is no doubt that your company has one (or more) continuous improvement initiatives aimed towards operational efficiency and effectiveness; perhaps it’s based on a Lean approach or Six Sigma. A strong EHS component is necessary for such initiatives to produce desired results. After all, an unsafe plant that doesn’t meet compliance obligations or manage operational risks is not a smooth-running, profitable plant.Read More
In this weekly Roundup, LNS Research explores recent announcements and events, such as EtQ showing off solution integration; GE releases WIP Solution; chem company earns “Healthy Worksite” certification; and sensors in space with humans.
The marketing hype on the Industrial Internet of Things (IIoT) and Smart Connected Devices suggests that this technology will just spontaneously appear in the market and be available for immediate deployment. Data tells a different story though. The LNS “Metrics that Matter” and “IIoT” surveys show there is growing awareness and interest in Digital Transformation and how it will change the way companies operate. However, organizations have made little progress in this direction. In many respects, most manufacturers still need to take the first steps toward Digital Transformation.Read More
On Tuesday, September 20, LNS Research hosted the webcast, “The Role of Smart Connected Assets in Digital Transformation.” This presentation focused on how Digital Transformation initiatives and enabling technologies from Industrial Internet of Things (IIoT) Platforms enable organizations to evolve business models. It further explains the IIoT, Cloud, Big Data Analytics, and Mobility, and how these technology trends drive better communication, asset maintenance, and products and services that create greater business value.
Here are the most-asked questions we received during the presentation.Read More
The #MondayMusings blog series provides executive level insights and analysis for the Industrial Internet of Things (IIoT) and Digital Transformation from the previous week’s briefings, events, and publications @LNSResearch.Read More
Asset Performance Management (APM) has been an early benefactor of the Industrial Internet of Things (IIoT). Organizations are harnessing existing data footprints to uncover insights and redefine work processes and organization structures to increase uptime and provide improved services back to their internal customer – operations.Read More
Asset Performance Management (APM) is a critical core competency for any manufacturer or asset intensive company. LNS Research has designated APM, along with Quality, Manufacturing Operations, Energy Management, and Environment, Health, & Safety (EHS)/Sustainability as a pillar of Operational Excellence. Failure to achieve excellence in any one of these pillars puts Enterprise Performance at risk and failure in in two or more pretty much dooms any chance of achieving Operational Excellence, regardless of how the enterprise defines it.Read More