by Gary Mintchell | Aug 2, 2023 | Data Management, Edge, Operations Management
I’ve not seen much in the way of investment in traditional automation products. The larger companies now all call themselves software companies with investments devoted to acquisitions. Many smaller companies and startups either have a software niche or are working on a variety of edge applications.
A long-time contact from the IT world introduced me to ZEDEDA a few years ago and even asked me to appear on a couple of their webcasts. Its niche is called edge orchestration, and it has some significant investors. This new introduction is called Edge Application Services. This platform includes granular edge application controls and configuration services. The initial component of the platform, Edge Access, provides secure access, control and audit tracing for edge deployments.
Edge computing is required to manage and process that data, but the complexity of distributed environments can make it difficult for customers to get started quickly. Enabling access to core services can provide an on-ramp for organizations to benefit from an initial edge use case while also establishing a foundation for future growth, just as was seen previously with cloud adoption.
“Just as we saw occur with the cloud providers in the early days, it is time for the edge market to evolve beyond just infrastructure and begin to offer value-added services in addition,” said Said Ouissal, founder and CEO of ZEDEDA. “Now, with ZEDEDA Edge Application Services, we are able to offer our customers the ability to manage, configure and control their edge applications simply by leveraging the ZEDEDA ecosystem.”
The first service in the suite, ZEDEDA Edge Access, enables IT administrators and platform operations teams to instantly access any remote device from any location at any time. It is a simple solution that provides secure access, control and audit tracing for edge deployments.
ZEDEDA’s open, distributed, cloud-native edge management and orchestration solution has attracted strategic OEM and customer relationships with Global 500 companies, including Emerson, Rockwell Automation, and VMware. The company continues to quadruple the number of edge nodes it has under management annually, scaling toward a hundred thousand edge nodes and has raised more than $55 million in capital from investors, including Coast Range Capital, Lux Capital, Energize Ventures, Porsche Ventures, Chevron Technology Ventures, Emerson Ventures, Juniper Networks, Rockwell Automation, Samsung Next and EDF North America Ventures.
by Gary Mintchell | Aug 1, 2023 | Automation, Data Management, Manufacturing IT, Operations Management
OMAC birthed about the same time that I left manufacturing to become an editor at Control Engineering. Originally Open Modular Architecture Computer it held center stage at the annual ARC Industry Forum for many years. The open computer as a PLC replacement designed to drive down the high costs of controllers never really made it. The organization did drive a number of initiatives benefiting users, especially PackML, a uniform way of describing processes of a machine to an operator.
Now called The Organization for Machine Automation and Control, it has found a home within the Packaging Machine Manufacturers Institute (PMMI) which also was the temporary home of my old magazine Automation World.
I haven’t seen or heard much from OMAC for quite some time. I’m glad to see some news with the release of some useful information.
OMAC, the leading industry association for machine automation and control, in collaboration with ei3, releases a new guide on industrial data sharing titled “Practical Considerations for Data Governance”. The guide provides expert insights and actionable recommendations to help organizations establish effective data governance and sharing practices.
The document covers several critical topics, including the importance of data governance, the need for a common language to facilitate data exchange across systems, and the various applications that use plant floor data. It examines the key components for plant floor data, the significance of data governance standards and organizations in manufacturing, and establishes a structure for data access and integration from multiple sources.
Spencer Cramer, OMAC’s Chairman, and the Founder and CEO of ei3, emphasized the critical need for organizations to collect data and transform it into actionable insights to optimize production and efficiency in the constantly evolving manufacturing landscape. “We are excited to launch this guide and provide the industry with a resource that outlines practical considerations for facilitating data sharing within and across organizations to improve processes, save costs, and mitigate errors,” he said.
Glad to see Mark Fondl still active and looking at how to use new technologies. Once again as a new technology editor, Fondl and I had long discussions about the future of Ethernet as an industrial network. That was not a foregone conclusion in the late 90s. Now, it’s standard.
Mark Fondl, OMAC’s Digital Transformation Workgroup Leader and Vice President of Product Management at ei3, explained that plant floor data can be valuable for different user groups, and data scientists can help maximize its potential. He added, “To efficiently use plant floor data, an assessment should be made, and a team should be created to ensure all stakeholders are coordinated. The data governance policy should include both IT and OT, and guidelines should be provided for internal and external companies. The plan should be adaptable to changing capabilities to ensure its long-term success.”
by Gary Mintchell | Jul 31, 2023 | Commentary, News
Here is a bit of news in our rapidly maturing market. I don’t know that it necessarily means anything and I don’t know any of the people, but I do find it interesting that no long term PTC executives were promoted. That job goes to the CEO of a recently acquired company. I guess we can try to read the tea leaves about what that means for the future direction of the company—and what’s important. In a maturing market, the new CEO has a background in finance and most recently running the service operations.
PTC today announced that Neil Barua, President of PTC’s Service Lifecycle Management business, will succeed James Heppelmann as Chief Executive Officer of PTC at the time of the Company’s annual shareholder meeting in February 2024. At that time, Mr. Heppelmann will step down as CEO and retire, concluding a distinguished 26 years of service at the Company, including 13 years as CEO. Effective immediately, Mr. Heppelmann is appointed Chairman of the Board, and Mr. Barua is appointed CEO-elect and to PTC’s Board of Directors.
The CEO transition is the culmination of the Board’s comprehensive succession planning process to ensure leadership continuity and to position PTC for continued growth. Mr. Heppelmann and Mr. Barua will work closely together through February 2024 to ensure an orderly transition of responsibilities.
Here are the obligatory statements from the major players.
Bob Schechter, who has served as Chairman of PTC’s Board of Directors for the last eight years, said, “Neil is the ideal person to lead PTC in its next chapter. He’s a seasoned technology executive with a proven track record of growing software businesses and supporting industrial companies with their digital transformation journeys. He combines this with a strong financial acumen, a customer-first mindset, and a leadership style that empowers employees. The Board and I have great confidence that PTC has a bright future ahead with Neil serving as CEO alongside the rest of the Company’s experienced leadership team.”
Mr. Schechter continued, “Throughout his tenure as CEO, Jim has demonstrated unwavering commitment to PTC, and his positive impact on the Company cannot be overstated. His visionary leadership has helped transform PTC into the category leader in the product lifecycle management market and has driven record financial performance for shareholders. The Board sincerely thanks Jim for all his contributions to date, and we look forward to our continued work together.”
Mr. Heppelmann said, “I’m immensely proud of all that PTC has accomplished during my 26 years with the Company, including these last 13 as CEO. PTC has become a premier digital transformation partner to our customers, with the most differentiated software portfolio in our industry. I’m confident that PTC has never been in a better position to deliver value to our customers and our shareholders as we begin this next chapter. Having worked closely with Neil since the ServiceMax acquisition, I can attest first-hand to his focus on our customers’ and employees’ success, his understanding of PTC’s market opportunities for the entire software portfolio, and his principles of financial and operational discipline. I’m confident that Neil, along with our proven executive leadership team, will keep PTC on a path of sustained growth and success.”
Mr. Barua said, “It’s an honor to be named the next CEO of PTC, and I greatly appreciate the confidence the Board has placed in me. PTC is a terrific company with great customers, talented employees, and the strongest product portfolio in our industry. The Company has been performing exceptionally well, and we’ll build on this success as we enter our next chapter. I look forward to working with Jim and our executive team during this transition and deepening my relationships with our customers, employees, partners, and shareholders.”
Barua’s Experience
Mr. Barua has an extensive background in the technology industry and a proven track record of growing businesses. Mr. Barua is the former Chief Executive Officer of ServiceMax, a recognized leader in cloud-native, product-centric field service management software, which PTC acquired in January 2023. Following the acquisition, Mr. Barua led PTC’s Service Lifecycle Management business until his appointment as CEO-elect. Previously, Mr. Barua served as an operating partner at Silver Lake, a global leader in technology investing. Earlier in his career, Mr. Barua was CEO of IPC Systems, a global provider of specialized technology solutions for the financial services community. Mr. Barua holds a B.S. in Finance & Economics from the NYU Stern School of Business.
Board Changes
In connection with the announced leadership changes, Janice Chaffin, Chair of the Corporate Governance Committee of the Board, will serve as Lead Independent Director. Bob Schechter, previously Chairman of the Board, remains on the Board as an Independent Director.
by Gary Mintchell | Jul 30, 2023 | Productivity
From my newsletter a couple of weeks ago.
What is productivity in this age, not only in manufacturing, but also in knowledge work? Do the old rules still apply? And, above all, how can we bring humanity into the workplace?
Seth Godin has written many books worth your time reading. His latest book, Song of Significance, is packed with thoughts that both inform and prod into action.
His themes according to my reading include bringing humanity into the workplace, doing work that is significant, meaning creating meaningful change.
My wife was discussing Facebook and other social media and why they all keep developing ways to capture your attention–not always in a good way (seldom in a good way). She asked why they do it. I told her it was to maximize income. It has nothing to do with serving people. In fact, people are their product. They sell people’s attention to advertisers.
Godin responds in this book as he has consistently in his books on marketing that the goal is providing useful goods and services to people. You win by serving.
I told my wife that in my career I’ve been in numerous meetings where the subject is how to increase sales. Only a few were about how to create a better product for our customers and prospects. One consumer products company I worked at for about a year 40 years ago still has product recalls. I’m not surprised. The culture hasn’t changed (even though the name has) in all this time.
Culture defeats strategy.
I’ve also been thinking a lot about productivity. Industry pundits have bemoaned that productivity as defined classically (output per hour worked) has not grown. You can define productivity in manufacturing by how many widgets per hour. But even there, perhaps they should look at how many good widgets per hour.
But for knowledge workers (whose number can and should include trades people as well as desk workers) how do you define productivity when so much work involves working with other people? And generating good ideas? And developing good ideas into businesses. These things are not instantaneous rates of change. Trash the calculus and look at statistics as a model.
Get this latest Seth Godin book. Read it, then read it again. Mark it up. Keep it on your desk.
You can check out my thoughts on recent Siemens Digital, Hexagon, and Honeywell Process conferences on my business blog. For my thinking on personal growth and development, check out this website.
by Gary Mintchell | Jul 27, 2023 | Personal Development, Productivity
Some economists and journalists looking for a passing story bemoaned statistics revealing a lack of productivity increase over a stated period of time.
Is this really a problem?
Whatever your job, whether in a business or church or other organization, do you feel that you have productivity metrics?
- Number of meetings attended
- Number of memos sent
- Number of articles written
Maybe what is more important is fewer meetings that actually accomplish an objective. Maybe it is effective communication that clearly explains or motivates change. Maybe something written with more depth and less gloss.
Are you working on a really big and juicy problem? Those take time to solve. That may not look good on your productivity chart. It may be really important work.