Industrial Transformation Blog

In a recent LNS Research report on global Environmental Health, Safety and Sustainability (EHSS) software, analyst Peter Bussey discusses the dynamic competitive landscape that has seen significant changes over the past five years. LNS first wrote about this “EHS Software Arms Race” in 2016, describing how market players are using proactive business strategies to pull ahead of the competition in the race to market leadership.

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.

The world is reeling from the COVID-19 crisis that is on course to cause thousands more deaths and precipitate global economic disruption of unknown proportions. What can environment, health and safety (EHS) business leaders do to help their organizations successfully navigate the COVID-19 pandemic?

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.

In our recent eBook introducing research on the factory of the future (FoF), we show that the factory itself will be a hotbed of innovation and a key provider of vital information to help drive Industrial Transformation (IX). The three pillars of IX—people, process and technology—are all vital to success, but today we discuss the pillar that is probably the most important factor that will determine whether the FoF will deliver its promise or not: people.

We recently presented a webcast on “Factory of the Future: Optimizing the Plant for Industrial Transformation (IX)". The presentation covered the starting point for your Factory of the Future (FoF) journey, how to build the architecture to support FoF processes, and sources of data and ideas for bringing it all together. We also looked at key technologies that you should consider in your FoF journey—including MOM, digital twins, AI and digital Lean— and how to define and use Edge computing concepts in the integrated world. Here we will look at the 7 standout questions that came out of that session.

A recent LNS Research article highlighted the need for Industrial Transformation (IX) exemplars, identified three major reasons why IX programs stall, and four major areas that companies need to focus on for ensuring a robust and scalable IX program.

LNS Research had the pleasure to attend Rockwell Automation’s 28^th Annual Automation Fair and companion Process Solutions User Group in Chicago, IL November 18 through 21st, 2019. Rockwell Automation noted there were over 16,000 attendees at the event making it the largest Rockwell Automation Fair ever. They also hosted “Automation Perspectives” for the media and analysts on the 19^th of November.

On Wednesday, December 11, 2019, LNS Research hosted a webcast on “Industrial Transformation (IX) in Aerospace & Defense". The presentation covered the scope, scale, strategy, budget, organization and technology choices of Industrial Transformation (IX) Programs globally and in the Aerospace & Defense (A&D) industry specifically. We also looked at another regulated industry, Life Sciences, to validate our conclusions as to why A&D companies are leading in IX. The session concluded with detailing the 5 Best Practices for driving IX. Here we will look at the 6 most common questions that came out of that session.

It’s been said many times that “age is but a number”, but when it comes to the industrial workforce, age indeed matters. Although an aging workforce affects all sectors, manufacturing is being particularly hard hit. The median age of a manufacturing worker rose from 40.5 to 44.1 from 2000 to 2018, while the median age for the U.S. labor force overall was 39.3 in 2018. (Source: Manufacturing Institute, 2018).  This is having a profound impact on industrial organizations.