Why Futureproof EHS? IX Demands It.

Posted by Peter Bussey on Wed, Jul 17, 2019

Digital Transformation of industrial operations is in full swing. Our most recent survey data shows that 45% of industrial enterprises globally are executing an Industrial Transformation (IX) program, up significantly over the past three years. Don’t be fooled into thinking there’s a “magic formula” for IX; the “right” path for every company is the one that will reshape how the organization does business, the offerings it can deliver, how it goes about competing in the marketplace, or some combination of these. To that end, companies are incorporating many flavors of digital tech in their IX programs. Two-thirds have implemented or plan to implement Industrial Internet of Things (IIoT) technologies. Other common ones are cloud-based application platforms, mobile apps, Big Data analytics, augmented reality/virtual reality (AR/VR), process simulation, digital twins, and 3D printing, among many others.

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Categories: Risk Management, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

Even When the Tech Decision is Easy, Making the Decision Can Be Hard

Posted by Dan Miklovic on Tue, Jul 16, 2019

Technology spending is a given. Especially today, when Digital Transformation is a fact-of-life in nearly every industry. Executives know they need to invest in technology to remain competitive. Industry leaders have tied their Industrial Transformation (IX) strategy to making the right technology investments. It is more than consultant-speak or media hype to say that companies that don’t invest in technology won’t be able to attract or retain top talent, and that technology drives global competitiveness.

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Categories: Culture

Focus on Outcomes: Hexagon Breaks Ranks with Global Conference

Posted by Tom Comstock on Thu, Jul 11, 2019

We recently attended HxGN Live 2019, Hexagon’s annual digital solutions conference, in Las Vegas Nevada. Three thousand attendees were there to dive into nine different keynotes and over 500 sessions, many with hands-on training. The firm is a global leader in sensor, software, and autonomous solutions headquartered in Stockholm, Sweden, with 2018 revenue reaching €3,760.7 million (approximately $4.234 billion USD). Its business includes industrial enterprise solutions with €1.941 million in revenue serving the electronics, manufacturing, energy and power, automotive, and aerospace and defense segments. They are known in the manufacturing world for 3D design and simulation technologies (predominantly for process assets), positioning and location identification mapping capabilities, metrology equipment, and an array of other sensors. The event included a bevy of new product launches across every major division of Hexagon.

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Categories: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Artificial Intelligence / Machine Learning (AI/ML)

ProcessMAP Konnect 2019: Digital Innovation and Data Intelligence

Posted by Peter Bussey on Wed, Jul 10, 2019

ProcessMap held its customer conference in late May in Hollywood, FL.  The event — ProcessMAP Konnect 2019 — reminded us of the famous Forest Gump line, “Life is like a box of chocolates, you never know what you’re gonna get.”  This was the first time LNS Research participated in the environment, health, and safety (EHS) software vendor’s annual conference, so we had no preconceptions. ProcessMAP’s ecosystem of customers, partners, and experts gathered to discuss and collaborate on strategy, progress, best practices, solutions, and plans.

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Categories: Solution Vendor / Software Vendor, Environment, Health and Safety (EHS)

Dassault Systèmes Analyst Day: Vive La Renaissance!

Posted by Andrew Hughes on Tue, Jul 02, 2019

LNS Research was delighted to be invited again to Dassault Systèmes’ (3DS) annual get together for a small band of diverse industry analysts that cover a wide range of 3DS’ industries and technologies. Quite literally right out of the gate, 3DS surprised us on the bus to the event by announcing that Dassault Systèmes had acquired Medidata Solutions, Inc. for $5.8 billion.

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Categories: Manufacturing Operations Management (MOM), Solution Vendor / Software Vendor, Manufacturing Execution System (MES), Factory of the Future

Good News for Industrials with IT/OT Convergence Plans: HPE All-In on SaaS

Posted by Tom Comstock on Mon, Jul 01, 2019

LNS Research recently attended HPE Discover 2019 event in Las Vegas, hosted by Hewlett Packard Enterprise (HPE). The company had $30.88 billion in revenue in 2018, and is focused on Edge, hybrid cloud, and intelligent data. The conference was a well-executed event with well over 9,000 attendees and 8% growth over last year. The highlights were demonstrations and presentations on cool use cases in exciting topic areas:

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Categories: Solution Vendor / Software Vendor, Smart Connected Assets, Artificial Intelligence / Machine Learning (AI/ML), IT/OT

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.

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Categories: Industrial Transformation / Digital Transformation, Quality 4.0

AspenTech OPTIMIZE 2019: Aiming Higher to Enable the Smart Enterprise [MondayMusings]

Posted by Joe Perino on Mon, Jun 24, 2019

In May 2019 LNS Research attended AspenTech’s annual user conference, OPTIMIZE 2019 in Houston, Texas. This year's event drew a broad range of attendees ― in all 1,000 from 300 operating companies and ten leading universities, across 50 countries. The software vendor was also joined front and center by a major partner, Emerson, which showcased the integration of its Mimic™ Operator Training System (OTS) with AspenTech's HYSYS simulation software, and its expanding set of asset optimization services for typical customers. With some 150 breakout sessions, it was impossible to cover all tracks, so I spent the majority of the time focused on asset performance management.

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Categories: Solution Vendor / Software Vendor, Predictive Maintenance (PM), Enterprise Asset Management (EAM), Asset Reliability, Artificial Intelligence / Machine Learning (AI/ML), #MondayMusings, Asset Performance Management (APM), Digital Twin

EHS Vendor Gensuite Conquering Digital Frontiers and Exploring Data Oceans

Posted by Peter Bussey on Thu, Jun 20, 2019

2019 marks the third consecutive year LNS Research has attended and covered Gensuite’s annual customer conference. This year’s edition, BREAKTHROUGH: Gensuite Conference 2019, was held in Cincinnati May 5-7. The event spanned the environment, health, and safety (EHS) software vendor’s ecosystem of customers, partners, and Gensuite experts were on hand to convey how the company’s solutions enable breakthrough operational performance improvement across EHS, risk, security, sustainability, and quality among others.

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Categories: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Artificial Intelligence / Machine Learning (AI/ML), Environment, Health and Safety (EHS)

Manufacturers: You Need A Quality Technology Leader to Transform Successfully

Posted by Dan Jacob on Wed, Jun 19, 2019

Several of my observations have been fairly consistent over the past few decades of working in quality, technology, and as a quality research analyst and thought leader. Four stand out as primary reasons why quality, and often the industrial organization at large isn't able to transform as quickly or successfully as they'd like.

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Categories: Culture, Quality 4.0