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Technology Selection Highlights

Market Data Highlights

Viewpoints

Dec
18
2018
GUEST BLOGGER: JOHN YOUNES — Industry Trends

Overcoming the Challenges of Edge Computing in IIoT

The benefits of Industrial Internet of Things (IIoT) projects are numerous – they can improve manufacturing processes, increase revenues, reduce costs, optimize assets, improve business decisions, and more.

Dec
13
2018
Craig Resnick and Paul Miller — ARC Report Abstract

Top Five Technology Trends for 2019

It’s become somewhat of a year-end tradition for ARC Advisory Group to predict the top five or six technology trends that are likely to play out in the coming year for our Advisory Service clients.
Dec
13
2018
Craig Resnick and Paul Miller — ARC Report Abstract

Top Five Technology Trends for 2019

It’s become somewhat of a year-end tradition for ARC Advisory Group to predict the top five or six technology trends that are likely to play out in the coming year for our Advisory Service clients.
Dec
13
2018
Ed O'Brien — Industry Trends

Creating a Balanced Maintenance Strategy with EAM Systems

Finding the right balance of preventive and corrective maintenance activity in EAM systems can be a challenge for today’s 24/7 industrial organizations.  With maximizing uptime a prime consideration, avoiding under- or over-maintaining assets can be a delicate balance.
Dec
13
2018
Rick Rys — Technology Trends

Transactive Energy for the Electric Grid of the Future

While deregulation of electric utilities has separated generation from distribution in the US and elsewhere, many opportunities remain for future regulations to make our grids provide reliable power at the lowest costs with transactive energy for the electric grid.
Dec
11
2018
Jyoti Prakash — Industry Trends

Advanced Process Control and Optimization to Boost the LNG Industry

For more than a decade, advanced process control (APC) technology has been playing a significant role in the global liquified natural gas (LNG) value chain. While the LNG market is expected to grow in 2018 due to continued environmental concerns, increased use of LNG in the industrial and transport sectors, especially in Asia, LNG liquification plants in particular face several critical constraints affecting profitability. The production process in LNG plants is sensitive to a wide range of disturbances, including both changes in ambient temperatures and feedstock composition. APC technology can help compensate for these variables to enable processes to be operated closer to constraints without compromising safety. This improves profitability without negatively impacting a plant’s “license to operate.”
Dec
06
2018
Anju Ajaykumar — Industry Trends

Standardization of Coordinate Measuring Machines Supports Smart Factory Infrastructure

The move toward Industry 4.0 drives a new trend in smart factory infrastructure. Manufacturers are transiting to smart connected factories and extending Industrial IoT ecosystems across factories, plants, and supply chains. Efficient and flexible data analysis are critical for production systems and plant assets. As the trend of Industry 4.0 accelerates, metrology and quality control need to keep up with the latest digital trend. Coordinate measuring machines are critical machines in manufacturing process, which captures geometric measurements or surface conditions of a workpiece. Continued technology advancements now enable coordinate measuring machines to be integrated into the shop floor and interoperate with other inspection technologies throughout the manufacturing process.
Dec
04
2018
Sharada Prahladrao — Industry Trends

Asian Downstream Summit Focuses on Digital Transformation

The 11th Asian Downstream Summit in Singapore, hosted by the Energy Market Authority, attracted over 800 attendees, 80 speakers, and 28 sponsors and exhibitors. ADS, considered the anchor oil and gas event of the Singapore International Energy Week (SIEW), provided a platform for networking, seeking partnerships, and showcasing technologies through relevant case studies. The three-track agenda focused on core refining & petrochemical technologies, innovation, asset management, energy efficiency, Industry 4.0 and digital transformation in the oil & gas sector. KBC (a Yokogawa company) held a readiness assessment workshop to help people identify the gap between their own organizations and the industry leaders; in particular the characteristics behind the digital leadership and change management practices of other organizations as these apply to digital transformation.
Dec
03
2018
Guest Blogger: Michael Ford — Technology Trends

Industrial IoT - The Journey from Talk to Success

Successful endeavors traditionally start with a clear business plan that has a defined expected outcome. Industrial IoT has no such luxury. Though the “talk” suggests grand opportunities, many of the success stories so far have largely been narrowly focused and – to a certain degree - proprietary. While this is not really what IIoT is about, there are many things we can do to put it back on track.
Dec
12
2018
Frank Thomas — Company and Product News

Automation Summit 4.0 on SPS-Fair 2018

Like in the years before the WEKA Media Group organized an Automation Summit 4.0 during the SPS/IPC/Drives fair in Nuremberg, Germany. To cater to the continued interest in topics concerning Industrie 4.0, four sessions were offered on the first two exhibition days: Edge Computing, TSN and OPC UA, IoT Platforms and Smart Sensors. These subjects represented the “hot topics” of the exhibition and all sessions included presentations by well-known companies and industry experts.
Dec
10
2018
Thomas Menze — Industry Trends

Industrial Cybersecurity: Status Quo and Trends 2018

To navigate today’s tidal wave of digital transformation and to make disruptive technologies work, manufacturers, municipalities, utilities, and all other organizations need to roll out the right mix of technologies at just the right time. This means driving and managing change in processes, people, ecosystems, and technologies while keeping safety and cybersecurity at the forefront.
Dec
07
2018
Valentijn de Leeuw — Industry Trends

IoT World Solutions Congress - Worth Your While

ARC Advisory Group attended the IOT Solutions World Conference (IoTSWC) on the grounds of the FIRA Barcelona last October and we were very impressed. The venue is modern and in contrast to automation fairs, there was an atmosphere of quiet and calm, that favored concentration and quality conversations. With over 300 companies and record attendance of over 16000 visitors this may seem counterintuitive, but that was our impression. The growth of both exhibitors by more than 40 percent and visitor numbers by 25 percent is impressive. Even though this was just the fourth edition of the event, the size was one of a grown-up world-scale fair.
Dec
05
2018
Larry O'Brien — Technology Trends

Cybersecurity Implications of IT/OT Convergence in Smart Buildings

Adoption of the IoT in today’s smart buildings has created a new landscape that eliminates barriers between IT and OT technology. All of this advanced technology and capability, however, creates increased cybersecurity concerns and risks. The increased focus on cybersecurity for smart buildings is already manifesting itself in new relationships between smart building technology vendors and leading cybersecurity providers with experience and capabilities in both the IT and OT space.
Dec
04
2018
Sharada Prahladrao — Industry Trends

Asian Downstream Summit Focuses on Digital Transformation

The 11th Asian Downstream Summit in Singapore, hosted by the Energy Market Authority, attracted over 800 attendees, 80 speakers, and 28 sponsors and exhibitors. ADS, considered the anchor oil and gas event of the Singapore International Energy Week (SIEW), provided a platform for networking, seeking partnerships, and showcasing technologies through relevant case studies. The three-track agenda focused on core refining & petrochemical technologies, innovation, asset management, energy efficiency, Industry 4.0 and digital transformation in the oil & gas sector. KBC (a Yokogawa company) held a readiness assessment workshop to help people identify the gap between their own organizations and the industry leaders; in particular the characteristics behind the digital leadership and change management practices of other organizations as these apply to digital transformation.
Dec
13
2018
Rick Rys — Technology Trends

Transactive Energy for the Electric Grid of the Future

While deregulation of electric utilities has separated generation from distribution in the US and elsewhere, many opportunities remain for future regulations to make our grids provide reliable power at the lowest costs with transactive energy for the electric grid.
Dec
05
2018
Larry O'Brien — Technology Trends

Cybersecurity Implications of IT/OT Convergence in Smart Buildings

Adoption of the IoT in today’s smart buildings has created a new landscape that eliminates barriers between IT and OT technology. All of this advanced technology and capability, however, creates increased cybersecurity concerns and risks. The increased focus on cybersecurity for smart buildings is already manifesting itself in new relationships between smart building technology vendors and leading cybersecurity providers with experience and capabilities in both the IT and OT space.
Nov
27
2018
Eapen Jacob — Industry Trends

Smart Elevators - Six Major Trends for 2019

Six Smart Elevator Market Trends for 2019 - Connectivity, Predictive Maintenance, Cable-Free Smart Elevators, Automated Vehicle Storage and Retrieval Technologies and more...
Nov
21
2018
Smart Cities Team — Industry Trends

Smart City 3.0: Building Compelling Smart City Business Cases

The Smart City 3.0 is a Smart City initiative is driven by public expectations – or more clinically “user needs”. While Smart City 1.0 and 2.0 are driven by technology and government decisions respectively, Smart City 3.0 is neither driven by the dazzling technologies nor the government alone.

Logistics Viewpoints

Dec
18
2018
Fabian Wanke — Acquisition or Partnership

TRUMPF Acquires Laser Diode Division of Philips

The high-tech company TRUMPF is acquiring 100 percent of Photonics GmbH from Philips, headquartered in Ulm, Germany.  This opens up a new market segment for TRUMPF in addition to its existing business with high-power diode lasers and expands its product portfolio.
Dec
17
2018
Shin Kai — Acquisition or Partnership

Hitachi to Acquire ABB's Power Grid Business

Hitachi, Ltd. announced that it is acquiring the power grids business from ABB Ltd. and has signed an agreement with ABB.  Hitachi plans to initially acquire an 80.1% stake in the ABB Power Grid business and expects to close the acquisition in the first half of 2020, making Power Grids a consolidated subsidiary.
Dec
13
2018
Rajkumar Paira — ARC Report Abstract

Enterprise Software Market Reported Strong Growth in Q2 2018

The worldwide enterprise software market continued to grow in the second quarter of 2018.  This market expanded on the back of relentless innovation and available capital.  Once again, exchange rates played a role, with the strengthening of the euro relative to the US dollar. 

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