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

Rockwell Automation: Its FactoryTalk APM Software Portfolio

Posted by Justine Holt on Wed, Aug 31, 2016 @ 11:00 AM

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.

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Tags: Asset Performance Management, OEE, Smart Connected Assets, IIoT

Auto Makers Joining the IoT Race, New (but not surprising) Partnership, Med Devices & Apps [Roundup]

Posted by Diane Murray on Sun, Aug 28, 2016 @ 10:00 AM

In this weekly Roundup, LNS Research explores recent announcements and events, such as auto makers joining the IoT race; a new (but not surprising) partnership; med devices & apps; and more.

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Tags: Cloud-Computing, Quality Management, Big Data, Internet of Things, Compliance Management, 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

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

Every Manufacturer Needs Someone to Lead Digital Transformation

Posted by Dan Miklovic on Thu, Aug 11, 2016 @ 10:46 AM

Digital Transformation has become the most hyped initiative to hit the manufacturing sector in the last several years. The need to pursue Digital Transformation, from the supplier community to business gurus, has been the topic to generate thousands of pages with material pertaining to the what, why, and when. There is a near universal consensus that as with any other business process change or improvement initiative, Digital Transformation requires support from top leadership to be successful.

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Tags: Big Data, Asset Performance Management, Smart Connected Assets, IIoT, cloud, Digital Transformation

The Role Smart Connected Assets Play in Digital Transformation

Posted by Jason Kasper on Wed, Aug 03, 2016 @ 10:00 AM

One of the early successes for Smart Connected Assets has been the area of Asset Performance Management (APM). Many of the case studies for deploying Smart Connected Assets have centered on their value in improving the reliability of production equipment. It is obvious that lower downtime leads to higher productivity, but it can also contribute to improved quality and Environmental, Health, and Safety (EHS) standards, as well. The question that many businesses have is “How will Smart Connected Assets, coupled with APM, enable me to transform my business in this age of digitalization?”

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

Making Digital Transformation a Reality: Connecting CEO Vision with Technology Innovation [MondayMusings]

Posted by Matthew Littlefield on Mon, Jul 25, 2016 @ 10:03 AM

In today’s 24x7 news, work, and entertainment culture; there are often very few barriers left between the personal and professional. It’s a good thing I like what I do, because for the industry analyst community there is very little rest left for the weary.

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Tags: Operational Excellence, Smart Connected Assets, Enterprise Architecture, IIoT, Digital Transformation, #MondayMusings

It’s Still About Business – And the Assets They Use to Generate Value [MondayMusings]

Posted by Matthew Littlefield on Mon, Jul 11, 2016 @ 10:00 AM

The #MondayMusings blog series provides executive level insights and analysis for the Industrial Internet of Things (IIoT) and Digital Transformation from previous week’s briefings, events, and publications @LNSResearch.

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Tags: Big Data, Internet of Things, Mobility, Smart Connected Assets, IIoT, cloud, Digital Transformation, #MondayMusings

Oracle’s Asset Performance Management and Industry Solution Capabilities

Posted by Greg Goodwin on Thu, Jul 07, 2016 @ 09:59 AM

As companies today continue to pursue Operational Excellence initiatives, they have some exciting advancements on the horizon in the form of Smart Connected Assets and Smart Connected Operations. It comes as no surprise today that many companies are spending considerable time and resources on bringing together Information and Operation Technology (IT/OT) to begin to build the architecture to facilitate Industrial Internet of Things (IIoT) enabled operations.

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Tags: Operational Excellence, MOM, ERP, Big Data, Asset Performance Management, Internet of Things, Mobility, Smart Connected Assets, IIoT, EAM, cloud