Like manufacturing, asset performance management (APM) has evolved to leverage the digital technology associated with Cloud, the Industrial Internet of Things (IIoT), mobility, Big Data, and the associated analytics. This overall industrial shift has been referred to as both Industry 4.0 (or Industrie 4.0) and Smart Manufacturing. Accordingly, LNS set forth a vision of how APM has evolved in support of these highly digital, capable manufacturing assets which we call APM 4.0.
Read MoreCategories: Asset Performance Management (APM), Smart Connected Assets, Industry 4.0 / Smart Manufacturing, Enterprise Asset Management (EAM), Operational Excellence
Digital Transformation is a widespread trend across industry. Our research shows that about two-thirds of industrial organizations have already implemented Smart Manufacturing and Industry 4.0 technologies, or plan to soon. This trend is only accelerating. To date, most companies have focused digitalization investments on using asset- and operations-related data to improve core operational areas such as asset reliability, energy management, and production efficiency.
Read MoreCategories: Environment, Health and Safety (EHS), Industrial Transformation / Digital Transformation, Smart Connected Assets, Risk Management, Industrial Internet of Things (IIoT)
LNS joined the Open Process Automation (OPA) Forum in early 2017. A year after, here is our assessment on how far the forum has come and what the remainder of 2018 means. The OPA forum made some considerable progress in 2017, but 2018 will be the real indicator of OPA’s success or failure. The most prominent challenge facing OPA is breaking the mindset that the future must evolve from the past in small steps. OPA needs a mutation to change the way the industry needs. There will be winners and losers in any technology evolution, and the next generation of process control automation systems will be no exception.
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Read MoreCategories: Asset Performance Management (APM), Industrial Internet of Things (IIoT), Smart Connected Assets, Asset Reliability, Industrial Automation, Operational Architecture
On Wednesday, February 14, LNS Research hosted the webcast, “Making Manufacturing Operations Management Choices in a Changing World.” The presentation examined the complex considerations involved in MOM system choices, why the Industrial Internet of Things (IIoT) and manufacturing operations management (MOM) will partially merge, and what to expect in terms of data organization and protocols. The discussion also included an examination of how manufacturing information architectures will change as companies move to smart manufacturing.
Read MoreCategories: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Smart Connected Assets, Manufacturing Execution System (MES), Manufacturing Operations Management (MOM)
The #MondayMusings Industrial Transformation blog series provides insight and analysisfor executives from the previous week’s briefings, events, and publications @LNSResearch
Read MoreCategories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Operational Architecture, #MondayMusings, Smart Connected Assets, Asset Performance Management (APM), Cloud
The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.
Read MoreCategories: Industrial Internet of Things (IIoT), Smart Connected Assets, #MondayMusings, Cloud, Industry 4.0 / Smart Manufacturing
The #MondayMusings Industrial Transformation blog series provides insight and analysis for executives from the previous week’s briefings, events, and publications @LNSResearch.
Read MoreCategories: Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Enterprise Resource Planning (ERP), Smart Connected Assets, #MondayMusings, Cloud, Product Lifecycle Management (PLM), Manufacturing Execution System (MES)
Asset performance management (APM), like manufacturing itself, is evolving to leverage the digital technology associated with Cloud, the Industrial Internet of Things (IIoT), Mobility, and Big Data and the associated Analytics. This overall industrial shift has been referred to as both Industry (or Industrie) 4.0 or Smart Manufacturing. Accordingly, LNS has set forth a vision of how APM must evolve in support of these highly digital, capable manufacturing assets which we call APM 4.0.
Read MoreCategories: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Operational Excellence, Smart Connected Assets, Asset Performance Management (APM)
On May, 2, LNS Research hosted the webcast, “APM 4.0: Get Ready, Make the Move.” The presentation examined the global state of asset performance, the key capabilities of APM 4.0, how to prepare for and execute a successful APM 4.0 strategy, and recommendations to advance APM 4.0 throughout the organization.
Read MoreCategories: Smart Connected Assets, Industrial Internet of Things (IIoT), Industrial Transformation / Digital Transformation, Asset Performance Management (APM)
Hannover Messe is the Super Bowl for industrial technology analysts, and 2017 did not disappoint. LNS Research had a very successful show, with myself, Andrew Hughes, and Greg D’Andrea in attendance. Across the three of us, we met with over 25 vendors and this post represents our version of the ESPN highlight reel.
Read MoreCategories: Industrial Transformation / Digital Transformation, Industrial Internet of Things (IIoT), Predictive Maintenance (PM), Smart Connected Assets, Asset Performance Management (APM), Cloud
