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
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
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
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