In our Industrial Transformation (IX) Readiness work, there are many surprising results from the research. Two of the most surprising are:
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The #1 Reason Your Industrial Transformation Will Fail
Posted by Matthew Littlefield on Fri, Jun 12, 2020
Categories: Operational Excellence, Manufacturing Operations Management (MOM), Industrial Transformation / Digital Transformation
Manufacturers Just Lost 1.3 Million Jobs...Now What?
Posted by Matthew Littlefield on Fri, May 15, 2020
Last week’s job report showed what many of us already knew intuitively. The real economy is bad and will likely get worse before it gets better.
Read MoreCategories: Operational Excellence, Industrial Transformation / Digital Transformation, IT/OT, Factory of the Future, COVID-19
Closing Factories is Hard, Re-Opening will be Harder
Posted by Matthew Littlefield on Thu, Mar 19, 2020
In the early days of the COVID-19 crisis, the public health response was focused on containment, and the advice for industry was supply chain resiliency and risk management. Ensure that sole sourced critical components had been eliminated or weren’t coming from affected regions. In large part, North American and European manufacturing passed the test, due to several factors, including work already done after the Fujiyama nuclear disaster and supplier shifts forced by the several year-old trade-war.
Read MoreCategories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Environment, Health and Safety (EHS), Factory of the Future, Connected Worker
Amazon AWS: Disrupting the Industrial Technology Ecosystem
Posted by Matthew Littlefield on Tue, Feb 18, 2020
In December 2019, 60k attendees descended upon Las Vegas for AWS re:Invent. Just like Amazon Web Services (AWS) generally, re:Invent is fast-growing and overwhelms with its sheer breadth of content. With dozens of announcements and multiple keynotes from senior executives, including an analyst-only session with AWS CEO Andy Jassy, re:Invent has quickly become a can’t miss tech event. Jassy clearly took pleasure in the success of AWS, as he should. Started in 2006, after just 13 years, the division has grown to $36B in revenue, is still growing at 35% compound annual growth rate (CAGR), and is Amazon’s most profitable.
Read MoreCategories: Cloud, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), IT/OT
Why Your Factory of the Future Initiatives Fail
Posted by Matthew Littlefield on Thu, Jan 16, 2020
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.
Read MoreCategories: Industrial Automation, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, IT/OT
IX Exemplars Needed
Posted by Matthew Littlefield on Thu, Dec 12, 2019
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?
Read MoreCategories: Industrial Automation, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing
Rockwell Automation TechEd and PTC LiveWorx 2019: Momentum Accelerating [MondayMusings]
Posted by Matthew Littlefield on Mon, Jul 29, 2019
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.
Read MoreCategories: Solution Vendor / Software Vendor, Industrial Automation, Industrial Internet of Things (IIoT), Industry 4.0 / Smart Manufacturing, #MondayMusings, Connected Worker
Q&A Recap: Life Sciences Quality 4.0 Strategy Webcast
Posted by Matthew Littlefield on Fri, Jun 28, 2019
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.
Read MoreCategories: Industrial Transformation / Digital Transformation, Quality 4.0
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.
Read MoreCategories: Cloud, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation
Advanced Industrial Analytics Vendor Seeq Secures $23 Million in Series B Funding [MondayMusings]
Posted by Matthew Littlefield on Mon, Aug 06, 2018
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.
Read MoreCategories: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), #MondayMusings