Evaluating Potential Industrial Transformation (IX) Strategic Partners

Posted by Tom Comstock on Thu, Oct 07, 2021

As the year 2020 ended, LNS Research published a set of three Research Spotlights highlighting the three alternative architectural paths available for manufacturers around Industrial Transformation (IX). In the 3rd Spotlight we introduced the concept of Industrial Transformation Strategic Partners. As part of the run-up to the release of the LNS Research IX Strategic Partners Solution Selection Matrix™ let’s revisit our definition of IX Strategic Partners, highlight the criteria we use to evaluate these vendors, list the vendors, and conclude with advice to manufacturers.

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Categories: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), IT/OT, IX Platform, Solution Selection Matrix

Operational Risk Management Gets Smart with AI

Posted by Peter S Bussey on Tue, Aug 17, 2021

The way most industrial organizations manage risks in their operations is akin to driving a car forward while looking in the rearview mirror. This approach is useful for understanding what’s already happened but is of limited value in seeing what’s ahead and taking preventive action accordingly. The essential solution is to shift from a posture of risk hindsight to one of foresight and the ability to predict and prevent adverse events rather than respond after the fact.

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Categories: Risk Management, Predictive Maintenance (PM), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Environment, Health and Safety (EHS)

Riding The Hyperscaler Wave

Posted by Joe Perino on Mon, Aug 02, 2021

In our December 2020 blog on AWS Industrial, we noted that AWS and the other hyperscalers have always had the ambition to move up the value proposition and delivery stack. The hyperscaler’s objective is simple: to maximize the volume of dollars and services running through their platform. And, they incent their partners and their own salespeople to do so. They aim to win no matter which route one takes, directly through them or via their partners. We said that all roads lead to Rome.

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Categories: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Artificial Intelligence / Machine Learning (AI/ML), Internet of Things (IoT), Data Analytics

Demystifying AI & ML in Industrial Analytics

Posted by Joe Perino on Wed, Jun 17, 2020

Revisiting the Black Box

One of the questions that LNS Research often gets is how to explain Artificial Intelligence (AI) and Machine Learning (ML) not only to plant personnel, but also to operating management, in such a way so that they can understand them sufficiently to place a reasonable degree of trust in them. In other words, enough to allow their adoption for predictive maintenance and other data science-based applications.

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Categories: Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Factory of the Future

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.

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Categories: 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.

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Categories: Cloud, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), IT/OT

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)

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

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 S 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)