AspenTech Raises the Ante Again

Posted by Joe Perino on Mon, Nov 23, 2020

AspenTech recently announced the general availability of the aspenONE® V12 software release, which embeds Artificial Intelligence (AI) across the portfolio and uses the Cloud to deliver enterprise-wide analytics and insights. The v12 release continues to support AspenTech's strategy of embedding AI and Machine Learning (ML) inside their products such that end-users can take advantage of these powerful tools without having to rely on data scientists or layer on external third-party analytics solutions.

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Categories: Operational Excellence, Industrial Transformation / Digital Transformation

GE Digital Keeps it Going with Even More to Come

Posted by Joe Perino on Wed, Nov 04, 2020

GE Digital recently announced a series of products and service enhancements across their Digital Plant Software Applications portfolio. In addition, they released enhancements and new functionality in their Operations Performance Management (OPM) suite for power generation and announced their Remote Operations solution for Power Generation. All of these announcements culminated in a well-attended 2020 Virtual User Conference in October 2020.

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Categories: Industrial Transformation / Digital Transformation, IT/OT, GE Digital

Maturity Model Moves Your Quality Forward

Posted by LNS Research on Mon, Oct 05, 2020

With adoption rates of Industrial Transformation (IX) continuing to grow over the past five-plus years, we now have enough historical perspective to create a maturity model to assess organizational efforts in the pursuit of improved business performance. This is especially helpful within Quality 4.0.

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Categories: Industrial Transformation / Digital Transformation, Quality 4.0

AspenTech Ups the Ante Again with Aspen Unified

Posted by Joe Perino on Mon, Sep 21, 2020

AspenTech recently announced the new release of Aspen Unified™ to deliver what they call, “the next generation of production optimization solutions that will transform business processes for the world’s refineries. The Aspen Unified solution brings planning and scheduling together in one environment to connect and automate isolated processes, maximize the yield of high-value products, push closer to limits, and drive improved margins.” The Aspen Unified™ solution includes Aspen Unified PIMS™, with Multisite option Aspen Unified Scheduling™, Aspen Unified GDOT Builder™, and Aspen GDOT™.

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Categories: Industrial Transformation / Digital Transformation, optimization, AspenTech

AVEVA Acquires OSIsoft in $5 Billion Deal

Posted by Joe Perino on Wed, Aug 26, 2020

AVEVA, the industrial software company, announced on August 25, 2020, its intention to acquire OSIsoft from Dr. J. Patrick Kennedy and OSIsoft investors, including SoftBank, for $5 billion. The acquisition is expected to close in late 2020 or early 2021. AVEVA is to finance the deal through $4.4 billion of cash plus $600 million of stock, making Dr. Kennedy AVEVA’s largest private shareholder with 4.4% of the company. Dr. Kennedy will remain connected to AVEVA through a Chairman Emeritus role. AVEVA will raise the capital through $3.5 billion of rights issues plus $900 million of cash on their balance sheet. The deal represents a multiple of roughly 10X OSIsoft’s 1H-2020 annualized revenues, a multiplier similar to AspenTech’s, one of AVEVA’s major competitors.

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Categories: Cloud, Internet of Things (IoT), Industrial Software, AVEVA, Acquisition, OSIsoft

Edge Computing...Edging Ahead Slowly

Posted by Joe Perino on Mon, Aug 17, 2020

LNS has been writing about Edge Computing now for a few years. We noted that the powerful wave of moving data to the Cloud for analysis and action overshadowed the Edge, but in the last two years, the trend has been to swing back to a hybrid architecture with both Edge and Cloud in the mix. In our new eBook, “Edge Computing in the New OT Ecosystem,” we talk in detail about the various roles, applications, and state of adoption of Edge Computing devices in what we call the New OT Ecosystem. We explain that there are basically four Edge forms or types and five primary roles or applications for Edge:

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Categories: Industrial Transformation / Digital Transformation, COVID-19, Edge, Connectivity

APM 4.0 Shifts Into Second Gear:  Progress Update

Posted by Joe Perino on Mon, Aug 10, 2020

It’s been a number of months since we blogged about the progress of APM 4.0. Since then, we have published our new eBook, APM 4.0 Shifts Into Second Gear, which details the trends and LNS Research insights into asset performance management. But it is a fair question to ask, what has been the effect of the COVID-19-induced recession and oil price war on APM? Has interest wained, investment slowed down, and adoption stalled? Or are things still moving full speed ahead? Who’s doing what, and why?

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Categories: Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Asset Performance Management (APM), Connected Worker

ROKLive Virtual Shows What it Takes for Transformation

Posted by Tom Comstock on Wed, Jul 29, 2020

LNS had the chance, like everyone else, to dig into the wealth of content that Rockwell Automation has put together for ROKLive. ROKLive was intended to be co-located with PTC’s LiveWorx event this year. Like so many other large gatherings, the event itself was cancelled and replaced with a virtual event. Software companies have executed different strategies for their virtual events: some scaling way back, others going virtual with everything that can go virtual, and lots of alternatives in between. Rockwell Automation went “…with everything.” As Chairman and CEO Blake Moret said: “the content is extensive with over 100 keynotes, technical labs, and a partner showcase.”

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Categories: Industrial Transformation / Digital Transformation, IT/OT, LifeSciences, Agile

Siemens Highlights Acceleration at Media & Analyst Event

Posted by Tom Comstock on Fri, Jul 24, 2020

LNS recently had the opportunity to participate in Siemen’s Media and Analyst Conference (MAC) held virtually this year because of the pandemic. While this year’s event held fewer presentations, the company still demonstrated that the pace of change at Siemens Digital Industries is accelerating.

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Categories: Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Digital Twin, Siemens

PTC LIVEWORX 2020 Still Sizzles with Strategy

Posted by Tom Comstock on Wed, Jul 15, 2020

LNS recently participated in the PTC’s LiveWorx Virtual event. Last year, we noted that LiveWorx, “is in a league of its own in the world of industrial software and automation events when it comes to marketing flash and audio-visual sizzle.” Going virtual dramatically limited the flash and the sizzle, but there was still plenty of meat this year as the company rolled out new products, updated alliances, and revealed a refined product strategy.

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Categories: Industrial Transformation / Digital Transformation, Internet of Things (IoT), Connectivity, Spatial Computing