Five steps to reach Smart Predictive Maintenance

By Chris Coleman and Ryan Manes

Smart Predictive Maintenance accelerates the maintenance journey and has potential to increase machine availability and visibility across an entire asset network.

New techniques can improve plant throughput

Maintenance professionals today can face a number of issues, often including outsourcing, cost cutting, scarcity of experienced labor and increasing complexity of equipment. Whatever the challenge, maintenance and reliability professionals share a common goal – to maximize machine availability. Yet traditional maintenance programs can only take you so far. In fact, machine failures go well beyond statistical time-based failure. Recent studies show that only 20 percent of machine failures are time-based, while the other 80 percent of failures occur either in the infant mortality startup phase or most often due to random or unknown failure.1 But truly, no failure is random, only that the root causes have gone unidentified. Modern maintenance techniques can help detect impending failures before they happen with typically more accuracy than time-based approaches. For manufacturers, exceptional asset maintenance can be a strategic differentiator in improving a plant’s throughput, efficiency, quality and safety.

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Architectural innovations create advantage

Four ways to bring architectural innovation to your technology

By Joe Mariani, Center for Integrated Research

When technology can’t give you a strategic advantage, connections can. Recent research on how to create a strategic advantage in manufacturing shows that proprietary technology may not always create competitive advantage. In fact, it is the connection—the architectural innovation—combined with technology that may provide the greatest opportunity for businesses.

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2016: A year of advancing Internet of things (IoT) applications

By Hemnabh Varia and Monika Mahto

It’s been 15 years since the term “Internet of things” was coined by Kevin Ashton, a technologist specializing in sensors and RFID.1 Since then, various applications of IoT have evolved in industries such as automotive, healthcare and consumer goods, among others. The various technological developments in the IoT space can be explained through the information value loop (IVL), which serves as a linchpin for evaluating these advancements, and linking them in order to create value for companies as well as customers. Refer to the paper, “The more things change: Value creation, value capture, and the Internet of Things” for detailed discussion of the value loop.

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Innovation drives competitiveness. But what drives innovation?

Posted by Michelle Drew Rodriguez

Research1 shows advanced manufacturing is more essential than ever to economic competitiveness and prosperity. But what is involved in driving, sustaining, and applying the innovation that makes a company or country a leader in advanced manufacturing? In this post, I’ll explore the drivers that make the US a leader in innovation. Research and development (R&D) certainly plays a role, but the real key may be an intangible one: the innovation ecosystem.

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