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Articles & News on Asset Management

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

  • October 8, 2020
  • 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

  • October 8, 2020
  • 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

  • September 24, 2020
  • 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

  • September 23, 2020
  • 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
  • September 20, 2020
  • 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.

Digitalization Stack Buildout: AVEVA Acquires OSIsoft

  • September 16, 2020
  • News

Industrial Software company AVEVA announced the acquisition of OSIsoft famous for the PI Historian for the purchase price of  $5 billion, expanding the company’s digitalization offerings.

Wood and AspenTech Form Partnership to Deliver Optimized Asset Performance Management Solutions

  • September 16, 2020
  • News

AspenTech and Wood announced a new partnership that will offer Wood’s clients Aspen Mtell® asset performance management (APM) technology for predictive and prescriptive maintenance.

Pandemic Accelerates Manufacturing Digitalization

  • by Bill Lydon
  • September 14, 2020
  • Feature

Attending the AVEVA World Digital Virtual Press Roundtable provided thoughts and insights about the impacts of the pandemic and recovery.

The Evolution of Telematics

  • by Sid Nair
  • September 13, 2020
  • Feature

Telematics will evolve from being a “dot on a map” tracking solution to a digital automation platform that ultimately guides an effective and fast decision-making process.

The Three Zeroes for Managing Production Operations

  • by Michael Brooks
  • August 30, 2020
  • Feature

Asset Performance Management 4.0 (APM 4.0) must assure all assets perform their intended duty as efficiently as possible for its whole lifecycle with minimal risks.