Articles & News on Asset Management

Global Fab Equipment Spending Expected to Reach Record $109 Billion in 2022

  • June 14, 2022
  • News

Global fab equipment spending for front-end facilities is expected to increase 20% year-over-year (YOY) to an all-time high of US$109 billion in 2022, marking a third consecutive year of growth following a 42% surge in 2021, SEMI announced.

IFS Listed as No. 1 in Gartner Global EAM Market Share 2021 by Revenue

  • June 9, 2022
  • News

IFS ranked first in EAM market share by revenue–compared to SAP, IBM, Infor and Oracle–with 18% share and 29.1% growth YoY.

INFOCOM LTD Offers Remote Support and Maintenance for Industrial Enterprises

  • June 8, 2022
  • News

International company INFOCOM LTD offers remote support, maintenance of industrial objects and service by certified APCS specialists on 24/7 basis.

Interoperability: What It Is and Why It Matters in the Age of Automation

  • June 3, 2022
  • News

Interoperability brings enormous benefits, but it would be a mistake to assume that the path to it is always completely smooth. Standards are being developed continuously, so many uncertainties remain.

Essential Product Industries Drive Job Announcements to Record High

  • June 3, 2022
  • News

For the second year in a row, reshoring exceeded FDI by 100%, in contrast to 2014 thru 2019 when FDI exceeded reshoring.

Jotun Selects Emerson to Automate Global Manufacturing Plants Optimizing Production Efficiency

  • June 1, 2022
  • News

The five-year framework agreement to implement automation software and technology will help paint manufacturer increase throughput and quality and reduce operating costs.

Reduce Risk of Failures in Glass Furnace Refractories with Solutions from AMETEK Land

  • May 27, 2022
  • News

AMETEK Land, the leading manufacturer of non-contact temperature measurement solutions, helps to reduce failures and deterioration in glass furnace refractories with monitoring and detection systems.

How to Decide if Open or Proprietary IIoT Solutions Are Right for You

  • by Ethan Chen
  • May 24, 2022
  • Feature

Through analysis, data not only can help optimize products and services but can also significantly improve operational efficiency, increase profits and create new business models that previously were not possible.

Cobot Market Sees 40% Growth Rebound In 2021

  • by Maya Xiao
  • May 19, 2022
  • News

After a serious contraction in sales in 2020, the cobot market experienced a resounding 40% growth rebound in 2021, exceeding its 2019 market size.

Seeq and Customers to Present at AVEVA PI World in Amsterdam

  • May 16, 2022
  • News

Presentations and demos will showcase how Seeq and the PI System enable customers to gain new insights to improve operations and production outcomes.