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Articles & News on Asset Management

Advanced Remote Monitoring and Predictive Analytics Technologies Drive Asset Performance Management Market

  • March 23, 2021
  • News

New ARC Advisory Group research on the global Asset Performance Management (APM) market reveals that the outlook remains positive for APM investments in process industries.

Solving Communication Roadblocks with Immutable Data Records

  • by Arlen Nipper
  • March 17, 2021
  • Feature

Today with the power of MQTT, records of data can be published, on event, as an immutable data record which automatically builds and populates a table within a database. An immutable data record is a set of values that has a security checksum wrapped around it for protection and validation.

Plex Systems Acquires Kors Engineering To Deliver Manufacturing Process Automation

  • March 1, 2021
  • News

The combined solution expands smart manufacturing with first-mile plant and machine connectivity.

Vinythai Public Company Limited Selects Aspen Technology Software to Accelerate Digital Transformation, Reduce Failure

  • March 1, 2021
  • News

Aspen Technology, Inc., a global leader in asset optimization software, today announced that Vinythai Public Company Limited (Vinythai), a petrochemical company based in Thailand, has selected Aspen Mtell® software to achieve business sustainability via embedded artificial intelligence.

NSK Acquires Bruel & Kjaer Vibro

  • March 1, 2021
  • News

Brüel & Kjær Vibro (B&K Vibro), one of the leading worldwide independent suppliers of condition monitoring solutions for rotating machinery, has been acquired by NSK, a global organisation specialising in researching, designing and manufacturing motion and control solutions.

Columbia Marking Tools Forms New Advanced Part Marking Division

  • February 25, 2021
  • News

Columbia Marking Tools, Inc. announces the establishment of a new Advanced Part Marking Division (APMD) to provide marking tools, processes, machines, and equipment to the emerging electric and autonomous vehicle industry.

Accruent and Geofit Partner to Deliver Data-Driven Insights for the Built Environment

  • February 25, 2021
  • News

Combining top-notch engineering document management with leading facility and asset management and geographical databases to drive improved operations and boost safety.

Autocam Medical Boosts Productivity and Profits with Freedom’s Smart Manufacturing Platform

  • February 24, 2021
  • News

From trial to expansion–Autocam Medical partners with Freedom software to get the most out of its industrial assets and maximize profitability. 

Baker Hughes Signs Agreement to Acquire ARMS Reliability to Strengthen Asset Performance Management Portfolio

  • February 24, 2021
  • News

Acquisition reinforces Baker Hughes’ commitment to accelerate the digital transformation of industrial assets, expanding reach in sectors including mining, power, manufacturing, and utilities.

Preventive and Predictive Maintenance in the Processing Industries Through Data Orchestration Analytics

  • by Josh Scharnweber
  • February 18, 2021
  • Feature

The Waylay data orchestration and analytics platform has been successfully applied across many branches of the processing industries, such as oil and gas, refined chemicals, power generation, and steel production. All Waylay powered solutions have one thing in common: insights through intelligent information processing.