Siemens Acquires PSE to Deepen Process Industry Portfolio

Posted by Joe Perino on Wed, Nov 20, 2019

Siemens announced on September 16, 2019 that they have agreed to acquire Process Systems Enterprise (PSE) according to Eckard Eberle, CEO of Business Unit Process Automation. Siemens plans to purchase 100 percent of the share capital of PSE and to integrate its business into the Business Unit Process Automation, which is part of Siemens Digital Industries. Siemens has now followed through on their June 2018 long-term collaboration agreement to bring the power of PSE’s gPROMS APM technology to Siemens automation and digitalization offerings for the process industries. Under the original agreement, the companies promised to bring to market a new set of solutions for long-term equipment and health monitoring, soft-sensing, prediction of future process performance, real-time optimization, and operator training incorporating high-fidelity models. The agreement aimed to extend Siemens’ capabilities in the process industries and would result in the close linkage of Comos, Simatic PCS 7 and Simit with PSE’s gPROMS.

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Categories: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Asset Performance Management (APM), Digital Twin

GE Digital's Users Conference – Reemerging and Refocusing

Posted by Joe Perino on Fri, Nov 08, 2019

In mid-September 2019, GE Digital (GED) held its reconstituted User Conference in Austin, Texas. Unlike past Minds & Machines mega-events, this event was smaller and more focused, with approximately 300+ attendees, of which 100 were GED, and the balance being 150+ customers and 45 channel partners from a variety of industries and global locations. GE Digital’s new CEO, Patrick Byrne, keynoted with a renewed commitment to serving customers with deep domain knowledge, long-time asset and process operating experience, digital solutions and services, and the ability to support customers globally. This message seemed well-received as many customers had previously voiced concerns about GE’s viability and continuity in the market.

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Categories: Product Lifecycle Management (PLM), Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Asset Performance Management (APM), Digital Twin

Oracle OpenWorld 2019: Autonomous Coming to Manufacturing [MondayMusings]

Posted by Tom Comstock on Mon, Oct 21, 2019

LNS Research recently attended Oracle OpenWorld 2019 in San Francisco. One of the mega technology events for the Golden Gate City, the conference took over all three halls at the Moscone Center and had over 60,000 attendees.

Oracle is now over $40 billion in revenue (2018) with over 137,000 employees; it positions itself as the number one supplier of business software. The company is clearly innovating in many directions. The event covers the two sides of Oracle: Oracle, the technology, and Oracle, the applications vendor. Additionally, the firm has sophisticated positioning for “emerging technologies.” So, let’s examine each, and determine if this means Oracle can finally engage deeply in the plant.

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Categories: Cloud, Enterprise Resource Planning (ERP), Solution Vendor / Software Vendor, Information Technology, Industrial Internet of Things (IIoT), IT/OT, #MondayMusings

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.

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Categories: Solution Vendor / Software Vendor, Industrial Automation, Industrial Internet of Things (IIoT), Industry 4.0 / Smart Manufacturing, #MondayMusings, Connected Worker

PowerPlex 2019: One More Manufacturing ERP Vendor Early to Embrace IIoT [MondayMusings]

Posted by Patrick Fetterman on Mon, Jun 03, 2019

Plex Systems held its annual PowerPlex user conference in Detroit the week of May 13, 2019, with just over 1,000 attendees and a few dozen sponsors across technology partners and systems integrators. A group of high schoolers were also in attendance, demonstrating their very cool entries for the FIRST Robotics competition; during the event Plex announced a $40,000 donation to this organization that works to inspire young people's interest and participation in science and technology.

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Categories: Enterprise Resource Planning (ERP), Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT), Industry 4.0 / Smart Manufacturing, #MondayMusings

ABB Ability and Dassault Systèmes Partnership: A Game Changer?

Posted by Tom Comstock on Tue, May 28, 2019

At the recent ABB Customer World event, we had the opportunity to participate in a technology tour and a several meetings that gave us a good sense of ABB’s overall direction, new organization, and strategic partnerships. Further, we joined in on a detailed briefing on ABB Ability, focusing on the company’s Industrial Internet of Things (IIoT) and corporate partnership strategies.

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Categories: Solution Vendor / Software Vendor, Industrial Internet of Things (IIoT)

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.

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Categories: Cloud, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation

COFES 2019 Shows that Engineering Software is Changing [MondayMusings]

Posted by Tom Comstock on Mon, Apr 15, 2019

The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.

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Categories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, #MondayMusings

What’s the Difference Between BI and Industrial Analytics?

Posted by Vivek Murugesan on Wed, Apr 03, 2019

During a discussion on industrial analytics at a recent Smart Factory conference in Columbus, Ohio, an IT professional in the audience said that he planned to upload his machine data to online analytical processing (OLAP) cubes and run Business Intelligence (BI) applications on top of the data. The analytics professionals on stage appeared horrified for a moment and went to great lengths to explain the distinction between industrial analytics and BI.

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Categories: Industrial Internet of Things (IIoT)

Is Industrial Transformation Like Dating?

Posted by Tom Comstock on Wed, Mar 27, 2019

Commitment matters, whether it is in a romantic comedy, real-life dating, or Industrial Transformation (IX). In a relationship, it is imperative that there is a “real commitment” for the relationship to progress and succeed. To make romance hard, romantic comedies and scuttlebutt tell us that determining if your partner is committed to the relationship can be difficult. Despite their pronouncements of love, “real commitment” can be elusive.

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Categories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing