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Apr
11
2018
Sharada Prahladrao — Industry Trends

What's Your Digital Quotient?

IQ…EQ…and now it is DQ! Intelligence, emotional, and digital quotient. Today it’s not enough to be highly intelligent or emotionally balanced – these are givens. The question is that in this era of digitization, what is your individual and company’s digital quotient?

Apr
10
2018
Chantal Polsonetti — Industry Trends

TAM Update Reveals Disparity in IIoT Adoption Rates

Industrial automation devices used in both discrete and process manufacturing are widely identified as some of the largest potential segments within the overall Internet of Things.  IIoT's potential is driven not only by the large number of devices shipped to industrial applications, but also the

Apr
09
2018
Michael Guilfoyle — Industry Trends

Market Outlook for Industrial Cloud Application Platforms with IoT

Industrial cloud application platforms with IoT functionality provide a modern approach for developing and deploying software applications. The approach is gradually displacing the older client/server model in which large, complex, monolithic applications were created and run. Recently, the pace of this changeover is accelerating as more companies embrace the modern platform approach.
Apr
09
2018
Larry O'Brien — Technology Trends

Report from Smart Cities Connect

ARC recently attended the Smart Cities Connect conference, March 26-29 in Kansas City, MO at the Kansas City Convention Center. Here's what we saw.
Apr
06
2018
Paula Hollywood — Industry Trends

Can You Buy Reliability?

According to CEO and publisher of Reliablityweb.com and all-round asset management evangelist, Terrence O’Hanlon, “You cannot buy a reliability journey or you would have purchased it already!” This is the first of a few laws of reliability O’Hanlon shared in the Digitization of Asset Performance Management Workshop at ARC’s 22nd Annual ARC Industry Forum. In addition, he challenged the audience to transform their thinking to discover new ways of thinking about old problems in their journey to reliability.
Apr
11
2018
Craig Resnick — Industry Trends

Real-Time Data Represents Disruptive Technology to Help Manage Water/Wastewater Infrastructure

ARC Advisory Group recently collaborated with John Fryer from Stratus Technologies on an article published in Pumps and Systems Magazine to determine if real-time data could be applied as a disruptive technology to more effectively manage water and wastewater infrastructure. Due to tight budgets and a lack of broad public recognition of the problems, needed improvements have been deferred for years or, in some cases, even decades
Apr
03
2018
Eric Cosman — Industry Trends

New 62443 Standards Define Requirements for Suppliers

The ISA99 committee and IEC TC65 WG10 have developed and approved a robust series of international standards that provide normative requirements for securing industrial automation and control systems (IACS).

Mar
30
2018
Sharada Prahladrao — Industry Trends

Collaborative Robots Could Revolutionize Manufacturing Landscape

New automation trends are revolutionizing the manufacturing landscape. This trend includes increased collaboration and integration between technologies, processes, and people. ARC explores this dynamic further in a recently published report titled Collaborative Robots Global Market 2017-2022. According to Rajkumar Paira, the report’s author, cobots are key smart factory technologies making manufacturing more efficient and competitive in the global marketplace.
Mar
28
2018
Tim Shea — Industry Trends

Statoil is Now Equinor, Reflects Shift in Mix of Energy Sources

ARC has been noticing a growing trend among IOCs and even some NOCs that are increasingly taking steps to position themselves as energy companies and no longer just operating as oil & gas companies. Statoil’s board of directors recently proposed to change the name of the company to

Apr
03
2018
Bob Gill — Company and Product News

Schneider Electric Opens Innovation Hub in Singapore

The new Schneider Electric headquarters for East Asia and Japan combines previously separate offices and operations across Singapore into a single location (Kallang) and is the site of the company’s first Innovation Hub outside of Europe (Paris) and the US (Boston).

Apr
03
2018
Eric Cosman — Industry Trends

New 62443 Standards Define Requirements for Suppliers

The ISA99 committee and IEC TC65 WG10 have developed and approved a robust series of international standards that provide normative requirements for securing industrial automation and control systems (IACS).

Apr
12
2018
Shin Kai — Company and Product News

Yokogawa Releases Enhanced Version of Plant Resource Management

Yokogawa Electric Corporation announced the April 12 release of version R4.01 of its Plant Resource Manager (PRM) software tool for centrally managing large amounts of data from plant monitoring and control devices as well as manufacturing equipment.
Apr
06
2018
Ralph Rio — Acquisition or Partnership

Wind River to be Acquired by TPG

Wind River announced that global alternative asset firm TPG will acquire the company from Intel.

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