ARC Advisory Group research indicates that most high-fidelity operator training simulators applied to date have been in either nuclear power plants or on highly automated processes with the potential for high-consequence failures. 

In recent years, the term “operations technology,” or “OT,” has emerged to describe technology used to manage and control manufacturing processes and other industrial operations. The imperative to protect these networks from cybersecurity-related risks further complicates the situation and demands operations cybersecurity.

As equipment gets increasingly complex and experienced personnel retire, it becomes difficult for on-site, general-purpose technicians to avoid costly unplanned downtime.  OEMs that offer servitization in field service, rather than just products, can provide an attractive alternative.

Automation supplier revenue intake slowed significantly during Q4, 2018, posting an increase of only 2.4 percent overall, a stark contrast to the beginning of the year, which opened with strong double-digit growth. 

This year’s ARC Industry Forum in Orlando, Florida, Feb. 4-7, 2019, featured a lively and well-attended Smart Cities track packed with thought-provoking talks and discussions.  On Thursday, the Smart City track hosted a session on Smart Parking Systems.

ARC Industry Forums provide an opportunity  for editors and publishers to stay on top of the latest technology and industry trends, network with users and suppliers, and hear the latest supplier press announcements, especially those that address challenges in digital transformation.

The worldwide enterprise software market continued to show growth in the fourth quarter of 2018. The enterprise software market has expanded on the back of relentless innovation and available capital.

ARC Advisory Group’s 23rd annual Industry Forum in Orlando, Florida included a session that addressed the need to align a company’s digital transformation plans with its larger business improvement goals. 

Among the key themes discussed at the 2019 ARC Industry Forum in Orlando, Florida, Feb. 4-7th, were asset management, digital transformation, and cybersecurity in asset-intensive industries, and smart cities.  This ARC Insight summarizes some key takeaways from these discussions, especially insights on enterprise asset management.