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)

Is it Time to Stop Focusing on Safety Culture?

Posted by Peter S Bussey on Fri, Mar 02, 2018

Safety culture has been a long-standing topic in environment, health, and safety (EHS) and operational risk management (ORM) for industrial organizations. It’s receiving more attention in recent years with increased recognition of the essential role of human capital management and organizational dynamics in running a successful business.

Click here to speak with Peter Bussey.

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Categories: Operational Excellence, Risk Management, Continuous Improvement, Culture, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

Alexa, What’s in Store for EHS Management in 2018?

Posted by Peter S Bussey on Thu, Mar 01, 2018

Last year was big for the environment, health, and safety (EHS) business function, regarding the technology available to manage it, and industry developments that impacted EHS. For the most part, the trends we projected in our 2017 trend and impacts to watch blog were realized, or at least advanced substantially.

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Categories: Operational Excellence, Big Data, Industrial Automation, Culture, ISO Standards, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Artificial Intelligence / Machine Learning (AI/ML), Environment, Health and Safety (EHS)

5 Most Asked Questions from Harness Organizational Culture for EHS Performance and Operational Excellence Webcast

Posted by Peter S Bussey on Fri, Feb 23, 2018

 

On Thursday, February 22, LNS Research hosted the webcast, “Harness Organizational Culture for EHS Performance and Operational Excellence.” The presentation examined how to assess culture in relation to safety and operational performance, and strategies to foster culture and operationalize management systems to support organizational objectives.

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Categories: Operational Excellence, Culture, Compliance, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

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 Strategies to Get Business Executives to Walk Their Safety Talk

Posted by Peter S Bussey on Wed, Jan 31, 2018

When it comes to safety, one thing most people agree on is that it starts at the top. If safety is not a top priority for senior management, including the C-level, an organization is sure to fall short of achieving their stated objectives. Even in companies that tout a strong commitment to safety, there is often a disconnect between what the leaders say and their actions.

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Categories: Operational Excellence, Culture, Environment, Health and Safety (EHS)

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

3 Things to Expect in 2018: IIoT Predictions Your C-Suite Needs to Hear ASAP

Posted by Matthew Littlefield on Tue, Dec 26, 2017

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2017 has been a memorable year in the world of IIoT and Digital Transformation – we passed the milestone of transition from peak hype and talking about what’s possible, to actually planning and in some cases doing what’s practical.

The vendor community had its fair share of high-profile setbacks, but positive momentum outweighed the negative.  As we move into the post-peak hype era many winners will emerge – vendors, yes, but most importantly industrial end users.  The manufacturing enterprise C-suite needs to consider the business ramifications now; those who are already on the journey or have their plans in place are going to win big.  The ones that don’t?—Let’s just say that any business still doubting or “considering it” may very well be in a difficult spot in 2019 or even as early as the end of 2018.

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

5 Mistakes Companies Make In Their Operational Excellence Program

Posted by Dan Miklovic on Thu, Nov 30, 2017

Data from LNS’s surveys related to asset performance management (APM) and the Industrial Internet of Things (IIoT) all point to improvement in operational performance as the key driver for investment in those two areas.  LNS believes that the pursuit of better performance is captured in our definition of Operational Excellence. Operational Excellence is the second step of LNS's Digital Transformation Framework, following setting Strategic Objectives for Digital Transformation and the precursor to defining an Operational Architecture. The biggest mistake that most companies make is that they don’t take the time to establish what Operational Excellence means to their business.  Even those that do have an idea of what Operational Excellence looks like for their business still risk making critical mistakes when trying to capture that definition and communicate it throughout the organization. Failing to pursue Operational Excellence is a recipe for mediocrity.  Don’t make these five mistakes in your pursuit of Operational Excellence.

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Categories: Operational Excellence, Business Process Management (BPM)

More Revenue in Mining Has MOM Vendors Investing

Posted by Dan Miklovic on Thu, Oct 19, 2017

The last two years have seen fairly steady price increases in both ferrous and nonferrous base metals prices. Given the prices of the rarer precious metals and most minor metals, combined with growing optimism around the rest of the precious metals sector, LNS Research sees the mining industry finally looking to invest in Digital Transformation.

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Categories: Operational Excellence, Industrial Transformation / Digital Transformation, Asset Performance Management (APM)