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Articles & News on Asset Management

Rockwell Automation and Ansys Partner to Optimize Industrial Operations

  • September 14, 2021
  • News

Studio 5000 Simulation Interface from Rockwell now connects with Ansys digital twins.

Reduce Energy Costs by Measuring Power Quality

  • by Frank Healy
  • September 3, 2021
  • Feature

The first step in developing the energy program was “benchmarking” electrical energy consumption across the property. As current flows through conductors, some energy will inevitably become waste as heat. The person performing energy savings studies must be a cross between an energy engineer and a politician. This article was originally published in InTech's July/August issue.

Moxa Offers Tips on How to Optimize Power Consumption Through Remote Monitoring

  • August 9, 2021
  • Feature

Automation pros need to figure out how to operate servers and other power-hungry equipment while optimizing power consumption. Intelligent power distribution units (PDUs) control and distribute power as well as provide metering and switching capabilities.

The Modular Production Evolution Continues with Bright Machines

  • by Bill Lydon
  • August 6, 2021
  • Feature

Bright Machines Modular Production Approach reflects growing trend of standardized machine modules to improve efficiency and profitability.

Sensor-to-Cloud Enables Predictive Maintenance

  • by Craig Lentzkow
  • August 2, 2021
  • Feature

There is a huge base of installed machines in the world, typically referred to as “brownfield." This represents a tremendous opportunity for a predictive maintenance solution that can be “bolted-on” existing equipment to provide condition-based monitoring. For this solution to succeed, it must include: support for many machines in a single eco-system; simple, quick and remote commissioning; flexible choice of attached sensor devices; and built-in security. 

Asset Guardian Solutions Limited Appoints Mark Kostryckyj as Graduate Technical Consultant

  • July 26, 2021
  • News

Asset Guardian Solutions Limited (AGSL), which specialises in managing and protecting process critical software, today announced it has appointed Mark Kostryckyj to the position of Graduate Technical Consultant. 

World’s Largest Manufacturers Lose Almost $1 Trillion a Year to Machine Failures

  • June 30, 2021
  • News

Senseye study of major industrial firms finds that large facilities lose 27 hours a month to machine failures, on average, at the cost of $532,000 for each hour of unplanned downtime.

Complying with IEC 61511 Operation and Maintenance Requirements

  • by Dr. Steve Gandy
  • June 7, 2021
  • Feature

Testing and documenting the performance of an SIS is an essential part of ensuring it can fulfill its designed functional safety requirements. This article comes from the May 2021 issue of Intech Focus: Process Control and Safety.

Senseye PdM Now Available in the Microsoft Azure Marketplace

  • May 27, 2021
  • News

Microsoft Azure customers worldwide now gain access to Senseye PdM to take advantage of the scalability, reliability, and agility of Azure to drive Industry 4.0 development and reduce unplanned downtime.

ABB Collaborates with Equinor on Digital Integration to Improve Operations at Off-shore Assets

  • May 26, 2021
  • News

Companies join forces to implement digital and remote condition monitoring to the critical electrical systems of the Gina Krog platform.