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Articles & News on Asset Management

The Future of Blockchain in Intellectual Property

  • by Mr. Sumit Prasad
  • January 11, 2021
  • Feature

This article discusses five potential use-cases that Blockchain based Intellectual Property Management presents in the current state of intellectual property industry.

Aspen Technology Joins Alliance to End Plastic Waste

  • January 7, 2021
  • News

Aspen Technology, Inc., a global leader in asset optimization software, today announced it has joined the Alliance to End Plastic Waste.

Smart Building Opportunities for Printed Sensors

  • by Matthew Dyson
  • January 5, 2021
  • Feature

Smart buildings promise automated control of the buildings' operations, along with integrated technology for human-machine interactions. Such functionality requires multiple sensors, to which printed/flexible electronics are very well suited due to their low weight and thin-film form factor.

RS Components Releases 2020 Indirect Procurement Report: ‘The Evolution of MRO Procurement’

  • December 23, 2020
  • News

Report highlights the profound impact of the pandemic on the world of procurement, with over 50% of companies reporting supply chain disruption.

Electrocomponents Collaborates with Industry specialists to Develop New Method of Inspecting Petrochemical Storage Tanks

  • December 16, 2020
  • News

RS Monition and DesignSpark help multidisciplinary consortium, Project nautilUS, to develop sustainable, intrinsically safe robot for tank inspection.

Honeywell Acquires Sine Group to Create a Mobile Platform for Honeywell Forge Offerings

  • December 15, 2020
  • News

Sine’s visitor management software, designed with mobile users in mind, will augment Honeywell’s Connected Buildings offerings with expanded safety, security and compliance capabilities.

HMS Networks Becomes IEC 62443-4-1-certified for Secure Product Development Lifecycle

  • December 4, 2020
  • News

As of October 2020, HMS Networks is certified according to the IEC62443-4-1:2018 standard.

Yokogawa & Power Factors Announce Reseller Agreement for Renewable Energy Asset Performance Management Platform

  • December 2, 2020
  • News

Integration with Yokogawa portfolio makes possible a “sensor-to-enterprise” solution for solar, wind and energy storage projects.

The Impact of Industrial Automation on the Maintenance Department

  • by Bryan Christiansen
  • December 1, 2020
  • Feature

Industrial automation has been a bit slower to make an impact on the maintenance department. The nature of the work and the conservative tendencies of industry are perhaps some reasons for this. Recently, though, there has been more focus on automation in maintenance. These efforts have led to influence maintenance in several ways, which will be covered below.

Memorandum of Understanding Formalizes Collaboration between NEMA and the Unified Bulk Joint Industry Project

  • November 25, 2020
  • News

NEMA announced a Memorandum of Understanding (MoU) between the NEMA Cable Tray Section and the Unified Bulk Joint Industry Project (UBJIP) to develop harmonized cable tray requirements that are within the scope of NEMA Cable Tray Standards, Metal Cable Tray Systems, and Cable Tray Installation Guidelines.