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Articles & News on Asset Management

How to Detect, Prioritize and Quantify the Costs of Compressed Air System Leaks

  • by Javier Irazola
  • May 24, 2021
  • Feature

An estimated 30% of compressed air is lost to unrepaired leaks. That means a loss in air pressure, which can lead to reduced productivity due to underperforming pneumatic tools. Neglected leaks can, over time, lead to unplanned downtime. Here's how to repair compressed air system leaks.

The Perfect Downtime Storm is Brewing for Oil and Gas Companies this Summer

  • by Forogh Askari
  • May 17, 2021
  • Feature

As the economies return to normal, the industry needs to swiftly transform itself by leveraging technologies such as Artificial Intelligence (AI) and Machine learning (ML) to build resilience and improve its value-chain. 

Arnel Santos Joins mCloud as Executive Vice President and President, Americas

  • May 7, 2021
  • News

mCloud Technologies Corp. announced Arnel Santos has joined mCloud as executive vice president and president, Americas and the company’s senior executive for its regional business in North America.

Asset Guardian Solutions Limited Announces Strong Growth with Enterprise Solution

  • May 6, 2021
  • News

Leading innovator in protecting industrial automation and control systems software announces record growth in 2021 with 50% increase in annual turnover due to global demand for its Enterprise Solution. 

Advanced Technology Services, Inc. Recognized as a Program of the Year Award Winner

  • May 5, 2021
  • News

Advanced Technology Services, Inc. (ATS) won the PoY Award and was recognized at Forrester's B2B Summit 2021 virtual event.

The Motor Drive: A Key Player In Predictive Maintenance

  • by Blake Griffin
  • May 5, 2021
  • Feature

Predictive maintenance is fast becoming recognized as one of the more easily exploited applications of that popular but not always easily defined concept in industry–digitalization. One aspect of digitalization, however, stands out as worthy of swift and serious consideration: predictive maintenance.

Lloyd’s Register and Falkonry Incorporate Operational AI Digital Twins into Asset Performance and Risk Management Solution

  • April 27, 2021
  • News

Lloyd’s Register, a professional services company specialising in engineering and technology solutions, has partnered with the innovation leader in Operational AI, Falkonry, to combine its predictive digital twins with asset performance and risk management solutions for heavy industry, including chemicals and oil and gas.

Industry 4.0 and Machine Service: Why Assets Are The Source of All Customer Strategy

  • by Joseph Kenny
  • April 23, 2021
  • Feature

How machine makers and their customers are benefitting from Industry 4.0 technologies, including IIoT and predictive analytics.

Yokogawa to Undertake Proof of Concept Test of 5G, Cloud and AI for Remote Control of Plant Systems with NTT DOCOMO

  • April 19, 2021
  • News

Yokogawa Electric Corporation announces the signing of an agreement with NTT DOCOMO, INC. (DOCOMO) on April 13 to jointly undertake a proof of concept test (PoC) for the remote control of a plant system by utilizing 5th generation mobile communications (5G), the cloud, AI, and other technologies.

Siemens and SAP Expand Partnership to Deliver Intelligent Service and Asset Lifecycle Management Solutions

  • April 14, 2021
  • News

The next phase of strategic partnership between Siemens and SAP delivers new predictive service and collaborative asset management plus integrated enterprise portfolio and project management solutions.