Articles & News on Asset Management

PassiveLogic Raises $15 Million from Brookfield Growth

  • April 14, 2022
  • News

Brookfield partners with PassiveLogic to bring the first general purpose autonomous platform to the building market.

Electronic System Design Industry Logs 14.4% Year-Over-Year Revenue Growth in Q4 2021

  • April 5, 2022
  • News

Electronic System Design industry revenue increased 14.4% from $3,031.5 million in Q4 2020 to $3,468.2 million in Q4 2021, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report.

Endress+Hauser Exceeds Its Own Expectations for the 2021 Financial Year

  • April 5, 2022
  • News

For the financial year 2021, Endress+Hauser has exceeded its own expectations. The measurement and automation technology specialist achieved new records in incoming orders, sales, profit and headcount and continued to carry this momentum into the new year.

Red Lion Controls Expands Secure Remote Access Offering with Acquisition of MB Connect Line GmbH

  • April 5, 2022
  • News

Red Lion Controls, an operating company of UK-based Spectris plc, is pleased to announce the acquisition of MB connect line GmbH, a leading provider of secure connection of machines and plants for remote access, data collection and M2M-communication.

Industrial Real-time Location Systems Improve Safety, Security and Productivity

  • by Jack Smith
  • March 31, 2022
  • Feature

Worker safety, asset security and more can be enhanced with an industrial wireless alternative to commercial access control and mustering systems designed for the unique needs of industrial operations.

Basler Reports Strong Annual Result for 2021

  • March 30, 2022
  • News

Despite some adversities, Basler AG looks back on a very successful fiscal year 2021. Sales grew by 26%, and orders by 78% to new record values. The company's management is also optimistic for 2022.

Five Ways That Better Robot Integration Can Improve Your Operations

  • by Justin Garski
  • March 18, 2022
  • Feature

How integrating or unifying robot and machine control systems can help you achieve better productivity, insights and maintenance.

The Decarbonization Pathway: How to Work Toward Sustainability in Operations

  • by Melissa Landon
  • March 17, 2022
  • Feature

Schneider’s decarbonization pathway espouses four basic steps: Define success, set targets, deploy programs and sustain results. Though each plant will need to apply the steps differently, some general principles for successful application apply in every case.

Digitalizing Asset Health Maintenance Process to Improve Overall Plant Performance

  • February 22, 2022
  • Case Study

Two major concerns that prevent the plant operators from maintaining assets digitally are: lack of normalized field diagnostic data and absence of an IAMS application to predict asset failure.

Performance Management of Processing Plants: KPIs, People and Processes

  • February 21, 2022
  • Feature

This article will outline some of the disconnects relating to performance management initiatives between the C-Suite and operations teams and shift supervisors working on the plant floor.