Industrial Transformation Blog

A recent LNS Research article highlighted the need for Industrial Transformation (IX) exemplars, identified three major reasons why IX programs stall, and four major areas that companies need to focus on for ensuring a robust and scalable IX program.

Industrial Transformation, or IX, is new. There is no play book. There is no proven methodology. There is no exemplar. The improvement programs of the last generation are clear – Toyota and Lean, GE and Six Sigma, Dupont and Operational Excellence, among many others. But why were these companies successful in these endeavors – and why did they share them with the world?

I had the pleasure of attending Rockwell Automation TechEd and PTC LiveWorx in back to back weeks last month. Both events generate a tremendous draw in the industry and set attendance records, however, it may be the last year that happens. There are rumors that 2020 will see a new co-located event; times are a-changing! Although there were differences in the themes, attendees, and presentation style, there was also much in common ― especially about a shared vision of Industrial Transformation and joint customer momentum.

On Thursday, June 27, LNS Research hosted the webcast, “Enabling Transformation in Life Sciences: Delivering Near- and Long-Term Success with Quality 4.0.” The presentation examined strategies for life sciences organizations to reduce IX program risks and increase the speed of adoption.

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.

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

On July 18, advanced industrial analytics vendor Seeq announced $23 Million in series B funding. Seeq was founded in 2013 with an initial series A funding of $6 Million led by Second Avenue Partners. The second round of funding included previous as well as new strategic investors like Altira Group with participation from Chevron Technology Ventures and next47, the Siemens backed global venture firm.

Uptake has had a busy couple of months, and no one could argue the company is still in stealth mode. Recent notable events include:

• February 2018 - Hires Ganesh Bell as President, formerly Chief Digital Officer at GE Power
• April 2018 - Holds first annual analyst summit at HQ in Chicago
• April 2018 - Announces acquisition of Asset Performance Technologies, Inc. (APT)

A few weeks ago, I had the opportunity to attend the OSIsoft User Conference in San Francisco. While the event overlapped with the biggest industrial trade show in the world, Hannover Messe, there was no noticeable impact on OSIsoft User Conference’s attendance. The conference has continued to grow year over the years, and this year the event expanded beyond the regular hotel contract to spread across three separate hotels.

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

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

Click here to speak with Matt Littlefield

This past week Oracle held the company’s annual Modern Supply Chain Experience conference in San Jose, CA, representing its largest iteration to date with over 3,000 attendees. For this year’s event, Cloud is still core to the message, but it's not stressed to the same degree as previous years. My suspicion and it reflects in our research is that the move to the Cloud, as with mobile, is now just assumed to be part of the architecture, rather than a challenge to overcome.