6 Top Questions from Yesterday's Smart Connected Assets Webcast

Posted by Jason Kasper on Wed, Sep 21, 2016 @ 11:44 AM

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

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

Sometimes Industry Must Look Outside the Usual Supplier Community to Get the Most from IIoT [MondayMusings]

Posted by Dan Miklovic on Mon, Sep 19, 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 the previous week’s briefings, events, and publications @LNSResearch.

Read More

Tags: Big Data, Asset Performance Management, Internet of Things, Smart Connected Assets, IIoT, Digital Transformation, Machine Learning

Smart Connected Assets Continue to Increase Presence in the Plant

Posted by Jason Kasper on Wed, Sep 07, 2016 @ 10:32 AM

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

Tags: Asset Performance Management, Smart Connected Assets, IIoT

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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.

Read More

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?”

Read More

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