Articles & News on Asset Management

Honeywell Teams Up With Microsoft to Reshape the Industrial Workplace

  • News

Honeywell to leverage Microsoft Azure cloud platform and connect Microsoft Dynamics 365 to Honeywell Forge, enabling predictive maintenance applications with closed-loop maintenance workflows in the buildings industry.

Optimas Solutions Enhances Portfolio with PPE and MRO Products to Focus on Urgent Demand Given COVID-19

  • News

Opens 30,400 sq. ft. distribution center in St. Louis for PPE, MRO products, along with standard parts.

AVEVA Partners with Chemicals Business, SCG to Monitor Critical Assets and Prevent Downtime

  • News

Strategic collaboration between the organizations extends the engineering digital twin and harnesses AI-infused asset performance management to prevent unplanned downtime.

DEPCOM Power Optimizes Operation of Solar Generation Assets

  • News

DEPCOM Power and their system integrator partner Vertech use Seeq to support data-based decision making for performance optimization across wide-ranging solar power generation assets.

Cybersecurity and Safety: Increasing Risks and Escalating Impacts

  • by Mark Baggett
  • Feature

The truth is cyber-attacks with dire consequences no longer live merely in film or the digital realm for that matter. They’ve transcended into the physical world with real, tangible impacts.

Services Segment Poised to See Highest Growth in the Plant Asset Management Market

  • News

New ARC Advisory Group research on the global Plant Asset Management market reveals that the services segment of the market is expected to have the highest growth over the five-year forecast period.

Senseye Secures Investment From Two Giants of Japanese Industry

  • News

Senseye, the leader in Predictive Maintenance, secures investment from NTT DOCOMO Ventures and Sony Innovation Fund to expand its presence in Japan and increase R&D.

Cambashi Forecasts Market for BIM Software Will Reach $10bn in 2020, Growing at CAGR 13% Between 2020-24

  • News

More than $6bn will be added in revenue over the next 4 years.

Mobile Robot Revenues Set to Grow by 24% in 2020 Despite COVID-19 Pandemic

  • News

  • Mobile robots will take logistics sector by storm, with a 10-fold investment increase predicted between now and 2024. 

  • COVID-19 will be a significant driver in long-term mobile robot growth.

  • Sales of AMRs set to radically outstrip AGV revenues.

Network Connectivity: The New Era for Oil & Gas

  • by Shobhit Jain
  • Feature

As industries strive to disrupt markets with new innovations, digitalization has proven to be a key driver in enhancing a company’s bottom line. The oil and gas industry is no exception.