OSIsoft PI World 2019: Moving Up the Stack

Posted by Patrick Fetterman on Mon, May 13, 2019

OSIsoft held its annual PI World user conference in San Francisco the week of April 8, with 2,500 attendees and dozens of OSIsoft partner companies in the exhibition area. This vendor has continued to evolve from its origin as a data historian for process industries to an enabler of data analytics and intelligence for a broad set of industrial companies, and has moved up the stack in terms of data visualization capabilities. Even during a typically heavy industry event season, (and the world’s largest industrial trade show, Hannover Messe in Germany the week before) attendance at PI World increased year-over-year again. PI World is now widely regarded as one of the most important conferences on the calendar for process industry IT and operations technology (OT) professionals.

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Categories: Solution Vendor / Software Vendor, Big Data

Diverse Players in the Process Digital Twin Market

Posted by Joe Perino on Thu, May 02, 2019

Understanding the vendor landscape is essential for both industrial organizations as well as solution providers that seek to understand competitors, and the process Digital Twin market is no exception. There is a broad spectrum of Digital Twin vendors across the industry, but basically, they fall into a handful of supplier categories:

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Categories: Asset Performance Management (APM), Digital Twin

KBC Introduces Petro-SIM 7 and Process Digital Twin

Posted by Joe Perino on Fri, Apr 26, 2019

KBC, a Yokogawa company, recently released the latest version of its flagship process modeling software, Petro-SIM 7, featuring tight integration with OSIsoft’s PI historian and Asset Framework (AF). With the launch of Petro-SIM 7, KBC introduced a solution for upstream in wellhead to production facilities, refining, and petrochemicals; and in so doing claimed the Digital Twin status.

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Categories: Asset Performance Management (APM), Digital Twin

MOM Man on Hannover Messe 2019: Solutions Now the Game

Posted by Andrew Hughes on Thu, Apr 25, 2019

The LNS Research globetrotting team found itself in Hannover last week, excited to see what’s new in the world of Industrial Transformation (IX). The event was as full (or perhaps even busier) than the last two years, it was noticeable that the space for software companies was substantially larger, and the big guys had toned down the one-upmanship: gone were the enormous jet engines, tractors, and other boys’ toys. In their place were small booths demonstrating the latest solutions and lots of open space with tables and chairs for better interaction with show-goers and potential customers.

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Categories: Manufacturing Operations Management (MOM), Cloud, Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation

Hannover Messe 2019: Notes from the Field

Posted by Matthew Littlefield on Tue, Apr 23, 2019

Hannover Messe continues to accelerate, and along with it the Industrial Transformation (IX) space. LNS Research received 46 executive briefings this year, more than any previous year. Yes, it’s an enormous show, but we’ve condensed it down to the five biggest trends you need to know.

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Categories: Cloud, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation

COFES 2019 Shows that Engineering Software is Changing [MondayMusings]

Posted by Tom Comstock on Mon, Apr 15, 2019

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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Categories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, #MondayMusings

6 Most Asked Questions from the Digital Twin for Process Industry Webcast

Posted by Joe Perino on Thu, Apr 11, 2019

On Wednesday, April 10, LNS Research hosted the webcast, “Digital Twin: Unlocking IX in Process Plant and Industry.” The presentation revealed the state of the market, clarified what Digital Twin really means beyond the marketing hype, and showed how companies can use it to drive Operational Excellence.

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Categories: Asset Performance Management (APM), Digital Twin

How to Choose Your Manufacturing Operations Management Partner?

Posted by Andrew Hughes on Wed, Apr 10, 2019

Manufacturing Operations Management (MOM) solutions provide two traditional functions in the manufacturing plant:

  • Support and enforce manufacturing processes and procedures, and
  • Bridge industrial automation systems that provide plant floor control to enterprise and business operations systems.
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Categories: Manufacturing Operations Management (MOM), Factory of the Future

What’s the Difference Between BI and Industrial Analytics?

Posted by Vivek Murugesan on Wed, Apr 03, 2019

During a discussion on industrial analytics at a recent Smart Factory conference in Columbus, Ohio, an IT professional in the audience said that he planned to upload his machine data to online analytical processing (OLAP) cubes and run Business Intelligence (BI) applications on top of the data. The analytics professionals on stage appeared horrified for a moment and went to great lengths to explain the distinction between industrial analytics and BI.

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Categories: Industrial Internet of Things (IIoT)

Oracle Modern Business Summit: Solidly in the Cloud

Posted by Tom Comstock on Fri, Mar 29, 2019

LNS recently attended the Oracle Modern Business Experience in Las Vegas, Nevada.  Over 6,000 people attended this “unified” event as it was the first time that Oracle had co-located the Supply Chain, HR and ERP Customer summits.  Additionally, the Modern Business Experience was co-located with their Modern Customer Experience events making for complicated meeting logistics.  Oracle is now over $40 Billion in FY 2018 revenues, and they position themselves as the #1 supplier of business software. The scope and scale of their product and solution offerings were on display in exhibitions and a plethora of sessions. 

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Categories: Culture