APM 4.0 and The Digital Twin

Posted by Dan Miklovic on Wed, Jun 06, 2018 @ 10:28 AM

Like manufacturing, asset performance management (APM) has evolved to leverage the digital technology associated with Cloud, the Industrial Internet of Things (IIoT), mobility, Big Data, and the associated analytics. This overall industrial shift has been referred to as both Industry 4.0 (or Industrie 4.0) and Smart Manufacturing. Accordingly, LNS set forth a vision of how APM has evolved in support of these highly digital, capable manufacturing assets which we call APM 4.0.

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Tags: Asset Performance Management (APM), Smart Connected Assets, Industry 4.0 / Smart Manufacturing, Enterprise Asset Management (EAM), Operational Excellence

The Connected Worker: Modernize Safety and Risk Management with Digital Innovation

Posted by Peter Bussey on Tue, May 22, 2018 @ 01:28 PM

Digital Transformation is a widespread trend across industry. Our research shows that about two-thirds of industrial organizations have already implemented Smart Manufacturing and Industry 4.0 technologies, or plan to soon. This trend is only accelerating. To date, most companies have focused digitalization investments on using asset- and operations-related data to improve core operational areas such as asset reliability, energy management, and production efficiency.

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Tags: Environment, Health and Safety (EHS), Industrial Transformation / Digital Transformation, Smart Connected Assets, Risk Management, Industrial Internet of Things (IIoT)

Open Process Automation Forum 2018 - A Year to Make or Break

Posted by Dan Miklovic on Fri, Mar 09, 2018 @ 10:33 AM

LNS joined the Open Process Automation (OPA) Forum in early 2017. A year after, here is our assessment on how far the forum has come and what the remainder of 2018 means. The OPA forum made some considerable progress in 2017, but 2018 will be the real indicator of OPA’s success or failure. The most prominent challenge facing OPA is breaking the mindset that the future must evolve from the past in small steps. OPA needs a mutation to change the way the industry needs. There will be winners and losers in any technology evolution, and the next generation of process control automation systems will be no exception.

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Tags: Asset Performance Management (APM), Industrial Internet of Things (IIoT), Smart Connected Assets, Asset Reliability, Industrial Automation, Operational Architecture

8 Most Asked Questions from the Making MOM Choices in a Changing World Webcast

Posted by Andrew Hughes on Thu, Feb 15, 2018 @ 01:46 PM

On Wednesday, February 14, LNS Research hosted the webcast, “Making Manufacturing Operations Management Choices in a Changing World.” The presentation examined the complex considerations involved in MOM system choices, why the Industrial Internet of Things (IIoT) and manufacturing operations management (MOM) will partially merge, and what to expect in terms of data organization and protocols.  The discussion also included an examination of how manufacturing information architectures will change as companies move to smart manufacturing.

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Tags: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Smart Connected Assets, Manufacturing Execution System (MES), Manufacturing Operations Management (MOM)

IIoT Insights from Foxboro User Conference and Siemens Analyst Day 2017 [Monday Musings]

Posted by Matthew Littlefield on Mon, Sep 25, 2017 @ 12:01 PM

The #MondayMusings Industrial Transformation blog series provides insight and analysisfor executives from the previous week’s briefings, events, and publications @LNSResearch

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Tags: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Operational Architecture, #MondayMusings, Smart Connected Assets, Asset Performance Management (APM), Cloud

Honeywell User Group 2017: Focusing on the Connected Plant [MondayMusings]

Posted by Matthew Littlefield on Mon, Jul 10, 2017 @ 10:00 AM

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Industrial Internet of Things (IIoT), Smart Connected Assets, #MondayMusings, Cloud, Industry 4.0 / Smart Manufacturing

PTC Taking Aim at IIoT Platform Market and Epicor Continues Vertical, Cloud, and UX Focus [MondayMusings]

Posted by Matthew Littlefield on Tue, Jun 06, 2017 @ 01:00 PM

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

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Tags: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Enterprise Resource Planning (ERP), Smart Connected Assets, #MondayMusings, Cloud, Product Lifecycle Management (PLM), Manufacturing Execution System (MES)

The Smart Connected Asset Requires a Robust Digital Twin

Posted by Dan Miklovic on Thu, May 18, 2017 @ 10:00 AM

Asset performance management (APM), like manufacturing itself, is evolving to leverage the digital technology associated with Cloud, the Industrial Internet of Things (IIoT), Mobility, and Big Data and the associated Analytics. This overall industrial shift has been referred to as both Industry (or Industrie) 4.0 or Smart Manufacturing. Accordingly, LNS has set forth a vision of how APM must evolve in support of these highly digital, capable manufacturing assets which we call APM 4.0.

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Tags: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Operational Excellence, Smart Connected Assets, Asset Performance Management (APM)

Top 5 Questions from this Week's APM 4.0 Webcast

Posted by Dan Miklovic on Fri, May 05, 2017 @ 02:00 PM

On May, 2, LNS Research hosted the webcast, “APM 4.0: Get Ready, Make the Move.” The presentation examined the global state of asset performance, the key capabilities of APM 4.0, how to prepare for and execute a successful APM 4.0 strategy, and recommendations to advance APM 4.0 throughout the organization.

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Tags: Smart Connected Assets, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Asset Performance Management (APM)

Hannover Messe 2017 – 13 Digitalization Highlights from the Show Floor

Posted by Matthew Littlefield on Wed, May 03, 2017 @ 03:31 PM

Hannover Messe is the Super Bowl for industrial technology analysts, and 2017 did not disappoint. LNS Research had a very successful show, with myself, Andrew Hughes, and Greg D’Andrea in attendance. Across the three of us, we met with over 25 vendors and this post represents our version of the ESPN highlight reel.

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Tags: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Predictive Maintenance (PM), Smart Connected Assets, Asset Performance Management (APM), Cloud