Industrial Transformation Blog

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.

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On Tuesday, July 23, LNS Research hosted the webcast, “Use IX to Futureproof EHS Systems and Technology.” The presentation explained why the Industrial Transformation (IX) trend forces environment, health, and safety (EHS) business leaders to make major decisions on how they will leverage digital technologies to manage risk and exploit opportunities. The discussion included an examination of which steps companies must take now to deliver value into the future, about the risks that are unavoidable with transformation, and how to manage them to resist obsolescence.

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Connected operations, connected assets, and connected products are all recognized as essential aspects of an Industry 4.0 “Factory of the Future” approach. What about the connected worker? Based on our most recent research on Industrial Transformation, Connected Worker strategies and solutions are a vital part of the Digital Transformation of industrial operations.

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2018 was a year of much change and progress in the world of environment, health and safety (EHS) management; especially the software and digital technologies that enable it. This made for an exciting year for EHS management research here at LNS. The primary focus was on expanding our market-leading EHS 4.0 research on the Digital Transformation of EHS management. We released our full agenda of research on topics such as Big Data and predictive analytics, the impact of the Industrial Internet of Things (IIoT) on safety, integrated risk management, the connected industrial worker, and the convergence of safety, quality, and risk in plant operations, among others.

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Digital Transformation is a widespread trend across industry. Our research shows that about two-thirds of industrial organizations have already implemented Smart Manufacturing and Industry 4.0 technologies, or plan to soon. This trend is only accelerating. To date, most companies have focused digitalization investments on using asset- and operations-related data to improve core operational areas such as asset reliability, energy management, and production efficiency.

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