2019 Process Manufacturing and Infrastructure Digital Twin Predictions

Posted by Joe Perino on Thu, Dec 27, 2018

Every year LNS Research puts forth predictions around the key trends in Industrial Transformation. Dan Miklovic’s 2018 forecast focused on the evolution of asset performance management (APM) 4.0 with the shift in messaging to business-driven benefits, the growth of Digital Twins, autonomous device support, and the evolving vendor landscape. In our 2018 Report card, I noted that the Digital Twin is evolving to include the physical and process aspects of the twin. This evolution is happening primarily at two levels, in the design and engineering space, and in the operations space. However, there is still a lack of general industry understanding of what constitutes a Digital Twin.

Read More

Categories: Asset Performance Management (APM), Digital Twin

Build The Factory of the Future with Industrial Transformation

Posted by Andrew Hughes on Mon, Dec 17, 2018

Industry 4.0, Smart Manufacturing are hot topics for companies gearing-up Industrial Transformation. The goals of these ambitious programs while admirable have a long-term view. Here at LNS as we define our upcoming research agenda and delve into Industrial Transformation, it has become clear that many of our clients are opting for shorter term view than the typical large-scale and expensive Industrial Transformation programs.

Read More

Categories: Manufacturing Operations Management (MOM), Product Lifecycle Management (PLM), Industry 4.0 / Smart Manufacturing, Digital Twin, Factory of the Future

Exchange 2018: Emerson Continues Focus on Achieving Top Quartile Performance

Posted by Mehul Shah on Thu, Nov 01, 2018

LNS recently attended Emerson Global Users Exchange, the user conference by Emerson was held in Texas from October 1-5. One of the consistent messages from the Emerson team is their drive to help clients reach top quartile performance. This year was no different, the message was clear - process industries need to achieve excellence in reliability, safety, production, energy and emissions; and Emerson’ portfolio of software, hardware, and consulting services will help clients achieve that top quartile performance in process operations and capital project execution.

Read More

Categories: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, Asset Performance Management (APM), Digital Twin

6 Most Asked Questions from Digital Twin: Discrete Manufacturers Making the Connection from Innovation to Performance Webcast

Posted by Andrew Hughes on Wed, Oct 17, 2018

On Tuesday, October 16, LNS Research hosted the webcast, “Digital Twin: Discrete Manufacturers Making the Connection from Innovation to Performance.” The presentation explained the state of play of Digital Twin in discrete industries, where it’s going in the coming years, and how this exciting mix of real with virtual for products and assets will deliver endless possibilities to improve performance and competitive advantage in discrete manufacturing .

Read More

Categories: Manufacturing Operations Management (MOM), Digital Twin

The What, Why and How of Digital Twin in Discrete Manufacturing

Posted by Andrew Hughes on Wed, Oct 10, 2018

The goal of a Digital Twin is to have a software copy that behaves as closely as possible to its real-world twin, capturing every single attribute of that physical thing. We are often focused on Digital Twin of a product – because as products evolve their Digital Twin can be updated to reflect the new product, it can also predate the new product. But what about the benefits of having a Digital Twin for assets? Consider a manufacturing plant, we can start with small pieces of equipment that are vital to the production – the more critical that equipment is, the more likely is it that a Digital Twin will deliver benefits. The component, of course, must be significant enough to warrant the (high) cost of developing a Digital Twin or have enough pre-existing models available to construct a first-generation Digital Twin. The key for executives is to understand that Digital Twins can bring immediate benefit to a manufacturing plant (and the products it produces), but they are a long-term play rather than a quick fix.

Read More

Categories: Manufacturing Operations Management (MOM), Product Lifecycle Management (PLM), Industry 4.0 / Smart Manufacturing, Digital Twin