Plex Systems Analyst Day: Customer Success, Growth Challenges, and a New CEO

Posted by Patrick Fetterman on Thu, Dec 06, 2018 @ 10:02 AM

Research analysts from LNS attended the Plex Systems Analyst Day in early November at the company’s headquarters in Troy, Michigan. In an unusual move, Plex hosted its Customer Advisory Board (CAB) concurrently, giving customers and analysts a chance to interact directly. This level of direct access is rare among software vendors and demonstrates a strong show of confidence by the Plex executive team. The Plex CAB includes representatives from companies in automotive, metal forming, food and beverage (F&B), aerospace and defense (A&D), and other discrete and batch manufacturing industries.

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Tags: Solution Vendor / Software Vendor, Cloud, Manufacturing Execution System (MES), Industrial Transformation / Digital Transformation

2018 Rockwell Automation Fair®: Innovation and Brand Rollouts

Posted by Tom Comstock on Tue, Dec 04, 2018 @ 12:21 PM

LNS Research attended the Rockwell Automation Fair in Philadelphia, PA on November 14 and 15, 2018. Rockwell Automation® (NYSE: ROK) is an industrial automation and information company with $6.7 Billion in sales and 23,000 employees. This was the 27th annual Rockwell Automation Fair hosted to demonstrate their products and those of their ecosystem partners. Rockwell Automation noted there were over 8,000 customers at the event making it the largest Rockwell Automation Fair ever held outside of Chicago. They also hosted “Automation Perspectives” for the media and analysts on November 13.

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Tags: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT)

AVEVA World Summit 2018: A “New” Company Focusing on Digital Transformation [MondayMusings]

Posted by Tom Comstock on Mon, Dec 03, 2018 @ 12:32 PM

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

LNS recently attended the AVEVA World Summit 2018 in La Quinta, California. Over 300 business executives from 33 countries participated in the event themed around “Your Digital Transformation: A Strategic Roadmap.” The event was a key opportunity for the company to position the “new” AVEVA given the recent merger with the Schneider Electric Software business. The company also had to highlight the Digital Transformation journeys of several of its customers.

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Tags: #MondayMusings, Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT)

Quality 4.0 in Pharmaceutical: Learn from the Innovators

Posted by Dan Jacob on Thu, Nov 29, 2018 @ 11:03 AM

In mid-2017, LNS Research identified that an early but significant group of manufacturers had begun to recognize Quality 4.0 as one of their top Industrial Transformation initiatives. LNS coined the term Quality 4.0 and defined the space - why to adopt Quality 4.0, and how to build a successful strategy. Over time, the interest in Quality 4.0 has continued to accelerate, and many manufacturers are now either investigating Quality 4.0 or deploying early pilots .

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Tags: Industrial Transformation / Digital Transformation, Quality 4.0, Enterprise Quality Management System (EQMS)

5 Most Asked Questions from Quality 4.0 in Life Sciences Webcast

Posted by Dan Jacob on Fri, Nov 16, 2018 @ 10:43 AM

On Thursday, November 15, LNS Research hosted the webcast, “Driving Performance in Life Sciences: Making Industrial Transformation Real with Quality 4.0 Technology.” The presentation explored how life sciences manufacturers can build a successful Quality 4.0 project to drive Industrial Transformation and gain competitive advantage.

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Tags: Quality 4.0

iBASEt Targets the Digital Thread in Aerospace and Defense Industry [MondayMusings]

Posted by Tom Comstock on Mon, Nov 05, 2018 @ 10:32 AM

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

LNS recently attended the Excelerate 2018 Conference in Dana Point, California hosted by iBASEt, a manufacturing execution system (MES)/ manufacturing operations management (MOM) company focused on aerospace and defense (A&D) and complex discrete industries. Over the past years (2015 and 2017), LNS has witnessed a continued growth in customer and prospect participation at the Excelerate conferences. The most quoted statistic of the event was from Tom Captain, the retired Vice Chairman and former Global A&D Leader at Deloitte - there is now $1.7 Trillion in defense spending worldwide.

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Tags: #MondayMusings, Solution Vendor / Software Vendor, Manufacturing Operations Management (MOM)

Exchange 2018: Emerson Continues Focus on Achieving Top Quartile Performance

Posted by Mehul Shah on Thu, Nov 01, 2018 @ 10:49 AM

LNS recently attended Emerson Global Users Exchange, the user conference by Emerson was held in Texas from October 1-5. One of the consistent messages from the Emerson team is their drive to help clients reach top quartile performance. This year was no different, the message was clear - process industries need to achieve excellence in reliability, safety, production, energy and emissions; and Emerson’ portfolio of software, hardware, and consulting services will help clients achieve that top quartile performance in process operations and capital project execution.

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Tags: Solution Vendor / Software Vendor, Asset Performance Management (APM), Digital Twin, Industrial Transformation / Digital Transformation

Inforum 2018 More of the Same – And That is a Good Thing

Posted by Patrick Fetterman on Wed, Oct 31, 2018 @ 10:32 AM

LNS has attended the last four Inforum events (the User Conference for Infor customers), and a consistent theme has emerged. At each event, Infor executives review what they promised at the last event, show how they fulfilled those promises (and in some cases exceeded them), and then announce what they intend to accomplish in the next year. The 2018 event held in Washington DC the last week of September followed the same script.

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Tags: Solution Vendor / Software Vendor, Cloud, Enterprise Asset Management (EAM)

Asset Investment Planning Considerations for the Industrial Enterprise

Posted by Dan Miklovic on Tue, Oct 30, 2018 @ 10:42 AM

Asset investment planning (AIP) is an approach and now a category of software applications to assess and prioritize capital investment options ― specifically investing in physical assets used to produce or deliver goods or services. Systems used for asset intensive CapEx planning is an outgrowth of financial planning tools that companies use to direct investment portfolios. The fundamental approach in the financial sector is to assign risk and reward probabilities to each investment option, then create an investment portfolio that can deliver the highest return given the investor's tolerance for risk. The industrial sector can apply this approach to capital investments of physical assets: determine the investment amount, calculate expected return, evaluate the risk that the asset will not achieve the return, and weigh that in context of other risks that the investment is meant to reduce or eliminate.

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Tags: Asset Performance Management (APM), Asset Investment Planning

5 Most Asked Questions from The Road From Metrics to Analytics for Mid-Size Manufacturers Webcast

Posted by Patrick Fetterman on Fri, Oct 26, 2018 @ 02:20 PM

On Thursday, October 25, LNS Research hosted the webcast, “The Road from Metrics to Analytics for Mid-Sized Manufacturers.” The webcast explored data from the 2018 “Analytics That Matter” survey with a focus on finding metrics used by high-performing companies for financial operations, manufacturing operations, and supply chain management. The webcast also focused on how companies can make a move from metrics to advanced industrial analytics, the best practices for building use cases for analytics, and the importance of an Operational Architecture to support industrial analytics.

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Tags: Manufacturing Operations Management (MOM), Metrics, Industrial Internet of Things (IIoT)