Two Sides of the Same Industrial Transformation Coin: APM 4.0 and Factory of the Future

Posted by Vivek Murugesan on Thu, Oct 24, 2019

The relationship between asset performance and operational performance are well known and pervasive. All too often, however, companies manage them in sub-optimized in silos. Recent discussions with clients clearly reinforced our insight that operating in silos is counter-productive to industrial transformation (IX). It doesn't matter if the company is an asset-intensive business and the most critical metrics are uptime and reliability, or a product-centric manufacturer where quality and efficiency are most critical. If the organization doesn't manage these things holistically, it will lose ground to competitors.

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Categories: Industrial Transformation / Digital Transformation, IT/OT, Operational Architecture, Asset Performance Management (APM), Factory of the Future

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

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

20 Years Later, Digital Twins are the New ERP

Posted by Dan Miklovic on Mon, Jan 07, 2019

Twenty years ago, businesses were facing a crisis with their IT systems; Y2K. Leading up to 1999 there was a new technology paradigm emerging regarding business IT, the shift from disjointed and independent business and accounting applications to a singular integrated application; ERP or enterprise resource planning. Initially, ERP was mostly just all the accounting functions packaged together with manufacturing resource planning applications (MRP II), but ERP quickly expanded to include human resources (HR), supply chain management (SCM), customer relationship management (CRM), product data management (PDM) and a variety of other functionalities.

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Categories: IT/OT, Asset Performance Management (APM), Digital Twin

Enablon Embraces an EHS 4.0 Digital Strategy [MondayMusings]

Posted by Peter Bussey on Mon, Jul 16, 2018

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

Wolters Kluwer | Enablon recently hosted the Sustainable Performance Forum (SPF) in Chicago for its customers, partners, and solution experts. The event was part of the environment, health, and safety (EHS), risk, and sustainability software vendor’s global series of customer conferences.

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Categories: Solution Vendor / Software Vendor, Industrial Transformation / Digital Transformation, IT/OT, #MondayMusings, Environment, Health and Safety (EHS)

5 Common Mistakes Companies Make When Modernizing Their ERP Application

Posted by Dan Miklovic on Tue, Apr 24, 2018

As the enterprise resource planning (ERP) market approaches the quarter-century mark, many manufacturers and asset-intensive industries are going through an upgrade or refresh cycle. With the growing importance of Cloud, mobility, Big Data analytics and the Industrial Internet of Things (IIoT), these firms are frequently driven by competition, or senior management’s desire to change the company's competitive position, through Digital Transformation to become a Smart Manufacturing company. LNS has numerous end-user clients that see their business environment changing, and application decisions they made one or two decades ago now leave them with a technology portfolio that inhibits their ability to pursue Digital Transformation. Data from our IIoT survey shows that of the nearly 650 respondents, 62% list enterprise application spending as the number one investment area, over Big Data analytics and knowledge management. Unfortunately, many firms struggle with choosing their next generation ERP technology. What are the most common mistakes that make it so hard?

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Categories: Cloud, Enterprise Resource Planning (ERP), Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, IT/OT

People and Data in MOM and PLM in the IIoT Age

Posted by Andrew Hughes on Tue, Mar 06, 2018

In my long career in manufacturing operations, I have had many discussions with product design teams for discrete manufacturing. These discussions have ranged from pure delight to taxing because while the product designers were smart and creative they were also somewhat self-centred. Sharing of data has been a natural extension of sharing ideas, goals, and success for those of us who have worked together in design and operations, and data sharing usually resulted  in new products.

Click here to speak with Andrew Hughes

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Categories: Manufacturing Operations Management (MOM), Product Lifecycle Management (PLM), Cloud, Enterprise Resource Planning (ERP), Information Technology, Manufacturing Execution System (MES), Industrial Internet of Things (IIoT), IT/OT

ABB Launches ABB Ability™ Collaborative Operations for Power Generation & Water [MondayMusings]

Posted by Matthew Littlefield on Mon, Mar 05, 2018

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: Operational Excellence, Big Data, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, IT/OT, #MondayMusings, Asset Performance Management (APM)

Oracle Modern Supply Chain Experience Conference Focuses on Cloud, Digital Thread, and Digital Twin

Posted by Matthew Littlefield on Mon, Feb 05, 2018

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

Click here to speak with Matt Littlefield

This past week Oracle held the company’s annual Modern Supply Chain Experience conference in San Jose, CA, representing its largest iteration to date with over 3,000 attendees. For this year’s event, Cloud is still core to the message, but it's not stressed to the same degree as previous years. My suspicion and it reflects in our research is that the move to the Cloud, as with mobile, is now just assumed to be part of the architecture, rather than a challenge to overcome.

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Categories: Operational Excellence, Risk Management, IT/OT, #MondayMusings

3 Advanced Industrial Cyber Security Vendors to Watch

Posted by Matthew Littlefield on Mon, Jan 29, 2018

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

Click here to speak with Matt Littlefield

LNS Research is deep in the throes of completing the draft of our 2018 Industrial Internet of Things (IIoT) platform solution selection guide. As part of that guide development, we revisit and update our 2014 IIoT platform model.

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Categories: Operational Excellence, Risk Management, IT/OT, #MondayMusings