ABB Customer World: ABB Ability, Key Partners, Digital Twin, and More

Posted by Joe Perino on Wed, Mar 20, 2019

Last week LNS attended the annual ABB Customer World held here in Houston. ACW was a successful and well delivered conference with over 10,000 customer attendees from all over the world. The LNS team was part of a larger contingent of media and analysts who were exposed to a technology tour and number of meetings that allowed us to gain a better understanding of ABB’s overall direction, new organization and strategic partnerships.

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Categories: Culture

EHS 4.0: 5 Best Practices to Digitally Transform EHS, Safety, and Risk Management

Posted by Peter Bussey on Tue, Mar 19, 2019

Environment, health and safety (EHS) 4.0 digital transformation initiative isn’t an all or nothing proposition.Organizations need to assess their current foundation of people, processes and technology capabilities to determine the Digital Transformation readiness of their EHS business function. Each organization will have a unique starting point. For some organizations, it may be appropriate to shore up foundational EHS, safety, risk management system(s) before or in parallel with undertaking digitalization initiatives.  There is no one-size-fits-all approach.

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Categories: Environment, Health and Safety (EHS)

5 Most Asked Questions from the Industrial Transformation Webcast

Posted by Tom Comstock on Mon, Mar 18, 2019

On Wednesday, March 13, LNS Research hosted the webcast “Digital Readiness for Industrial Transformation: Success Lessons from Real-World Leaders.” The presentation covered the scope, scale, strategy, budget, and organization of Industrial Transformation (IX) programs globally. The session also investigated the technology choices made in the IX programs, and how these new technology choices balance against Operational Technology (OT) and Information Technology (IT).

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Categories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing

What is Regulatory Information Management Software (RIMS)?

Posted by Dan Jacob on Wed, Mar 13, 2019

RIMS is a growing software category that streamlines the submission of human medical products—including pharmaceuticals, biologics, and medical devices—to regulatory agencies, ultimately to gain authorization to sell the said product in a given market. In general terms, Regulatory Information Management Software (also known as Regulatory Information Management Systems) are software systems that:

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Categories: Risk Management, Compliance

Connected Worker Emerges as a Key Pillar of Industrial Transformation

Posted by Peter Bussey on Tue, Mar 12, 2019

Connected operations, connected assets, and connected products are all recognized as essential aspects of an Industry 4.0 “Factory of the Future” approach. What about the connected worker? Based on our most recent research on Industrial Transformation, Connected Worker strategies and solutions are a vital part of the Digital Transformation of industrial operations.

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Categories: Environment, Health and Safety (EHS), Connected Worker

The March Forward: IX and IIoT

Posted by Tom Comstock on Mon, Mar 11, 2019

We recently conducted a global survey on Industrial Transformation (IX) and the Industrial Internet of Things (IIoT).  These are topics that we have been studying for quite a while.  In fact, LNS Research was the first to coin the term “IIoT” in the 2014 report, “What is an IIoT Platform?”  This new report examines the year-over-year trends in industrial corporations’ plans, projects and outcomes around IX generally and IIoT specifically.  The research and trendlines demonstrate the continually growing interest in and maturity of the IIoT and IX markets.

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Categories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing

7 Signs Your EHS Business Function is Ready for Digital Transformation

Posted by Peter Bussey on Tue, Mar 05, 2019

Industrial Transformation (IX) is a subset of Digital TransformationIs your organization ready for the journey to digitally transform its environment, health and safety (EHS) business function? LNS Research recently published research on the digital readiness of organizations to undertake Industrial Transformation (IX) programs. We define IX as a proactive and coordinated approach to leverage digital technologies to create step-change improvement in industrial operations, i.e., the Digital Transformation of industrial operations. Most industrial organizations are already well underway with IX: 45% of industrial organizations are already engaged, and another 23% of companies expect to launch programs within one year. 

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Categories: Environment, Health and Safety (EHS)

2019 SAS Analyst Event: Proven and Reliable Leader in a Heavily Hyped and Accelerating Analytics Market [MondayMusings]

Posted by Dan Jacob on Mon, Mar 04, 2019

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

Recently, SAS invited LNS Research to its annual North American analyst event in Naples, Florida. SAS is a leading analytics, BI and data management software provider with several of LNS’ manufacturing clients using the analytics solutions to generate deeper insights into quality. The event was a great opportunity to dig deeper into SAS’ Internet of Things (IoT) and quality solutions, understand the breadth of SAS outside the industrial space, and engage with their executive team.

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Categories: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), #MondayMusings, Quality 4.0

Sphera’s Petrotechnics Acquisition Moves Risk Capabilities Closer to Plant Operations

Posted by Peter Bussey on Thu, Feb 28, 2019

Despite years of acquisitions and private equity investment, the environment, health and safety (EHS) software market is still fragmented, even at the top. A crowd of significant players compete for market leadership, or to at least deliver the returns expected by their financial backers. Although most will likely survive for the foreseeable future in one form or another, relatively fewer are likely to thrive long-term with a breakout performance.

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Categories: Risk Management, Culture, Environment, Health and Safety (EHS)

Hart Energy Recognizes Influential Women in Energy

Posted by Joe Perino on Tue, Feb 19, 2019

It was a pleasure to attend the recent Hart Energy 2019 Influential Women in Energy Luncheon in Houston. In its second year, the event had almost 1000 attendees, double that of last year, and honored 25 outstanding women across the energy industry.  The pinnacle award recipient was M. Katherine Banks, Ph.D. currently Vice-Chancellor of Engineering and National Laboratories, and Dean of Engineering at Texas A&M University.

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Categories: Culture