Archives :: Software, Automation & Control :: Information technology :: Asset Management

Displaying 1 - 20 of 32 stories.
February 1, 2014
In a culmination of more than three years of work by teams from across the globe, the International Organization for Standardization (ISO; Geneva, Switzerland; www.iso.org) on January 10 published the ISO 55000 series of standards surrounding asset management systems (AMS). The newly available standard can help companies in the chemical process industries (CPI) and other asset-intensive industries better...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Asset-Managements-Next-Act_11399.html
September 1, 2013
Rotary equipment, such as centrifugal pumps, often represent the heart of plants in the chemical process industries (CPI). A critical factor in the longterm reliability of such equipment is a high-quality design and commissioning process, so that initially, the rotary equipment will have the maximum built-in strength to survive upset operating conditions, yet not be overdesigned in a way that leads to...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Improve-Rotary-Equipment-Reliability-with-Checklists_10945.html
August 1, 2012
The new version of this company’s asset management software, AMS Suite: Machinery Health Manager 5.5, augments the analysis of predictive diagnosis from mechanical assets by delivering advanced plot...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Increase-predictability-with-this-new-asset-management-softtware_9560.html
March 23, 2012
Lloyd’s Register (London, U.K.; www.lr.org) says it has designed industry’s first reliability-based mechanical integrity (RBMI) software designed to address the maintenance needs of rotating and instrumentation equipment. The new modules integrate with the components of Capstone RBMI, allowing companies to combine the maintenance schedules for these types of assets into one program, driving...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Lloyds-Register-New-software-for-monitoring-rotating-and-instrumentation-equipment_9134.html
March 28, 2011
This firm has received cUL Certification for its 90A Annunciator (photo), making it possible for the device to be used in applications that require compliance to the Canadian safety requirements. The 90A performs many new functions...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Alarm-Management-Simplified-with-this-Annunciator_6514.html
March 28, 2011
Two models have been added to this firm’s range of Color ScopeMeter Test Tools (photo) with automated test capability for Fieldbus, ProfiBus and other industrial communication protocols. The new models, the ScopeMeter 225C (200 MHz, 2.5 GS/s) and...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Simplify-Fieldbus-testing-with-this-products-bus-health-test_6846.html
March 28, 2011
This firm has launched its next generation Asset Lifecycle Information Management solution, Asset Hub 6.0. Asset Hub improves productivity and reduces operational...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Track-and-manage-assets-throughout-their-lifecycle_7622.html
March 28, 2011
This firm has launched its next generation Asset Lifecycle Information Management solution, Asset Hub 6.0. Asset Hub improves productivity and reduces operational, safety...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Track-and-manage-assets-throughout-their-lifecycle_7636.html
January 19, 2010
Emerson Process Management (Baar, Switzerland; www.emersonprocess.eu) and Meridium Inc. (Roanoke, Virginia; www.meridium.com) announce a partnership to deliver enhanced asset management capabilities to their customers in the process industries. By combining the power of Emerson’s PlantWeb predictive intelligence with Meridium’s advanced analytics and decision support technology, customers...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Emerson-and-Meridium-asset-management-_5420.html
November 1, 2009
As the chemical process industries (CPI) continue to focus on improving operations and lowering costs, interest in process automation diagnostics, which can play a critical role in helping processors reduce maintenance spending, continues. “Processors are beginning to realize that good diagnostics can help them reduce their overall costs,” says Moin Sheikh, marketing manager with Siemens Energy...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Diagnostics-Simplifying-Optimization_5232.html
October 1, 2009
Compressed gas cylinders are widely used in research, pilot plant, laboratory and small-scale manufacturing and processing operations as a way to provide a convenient, economical and safe source of high-pressure gases for various applications. These gases can be inert, flammable, toxic or oxidizing (or mixtures of any or all), and are typically supplied at pressures from 800 to 6,000 psig, with 2,250 psig...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Compressed-Gases-Managing-Cylinders-Safely_5158.html
November 1, 2008
Management is a process of managing risk; maintenance management is a process of managing risk for operational reliability. Since it is hard to manage what cannot be measured, effective maintenance management demands good data on machine health — a comprehensive condition monitoring program, carried out by skilled and determined personnel, using appropriate tools and technology. Condition-based...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Condition-Based-Maintenance-Management-Enhances-Reliability_4320.html
August 15, 2008
As fuel prices continue to rise, energy management is everyone’s business Market trends suggest that the demand for energy resources will rise dramatically over the next 25 years with the global demand for all energy sources forecast to grow by 57% and the U.S. demand for all types of energy expected to increase by 31% (see Figure 1). By 2030, it is expected that 56% of the world’s energy use...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Cover-Story-Making-Energy-Efficiency-Pay_4090.html
August 15, 2008
Corrosion is a cannibalistic force that usually attacks chemical process equipment from the inside out. That must be why it is often referred to as a hidden cost, because the economic impact of corrosion is becoming impossible to overlook. As Russell D. Kane, director of corrosion services for Honeywell Process Solutions (Phoenix, Ariz.; www.honeywell.com) points out, the price of corrosion reveal itself...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Editors-Page-Cutting-Corrosion-Costs_4100.html
April 25, 2008
Incuity Software, a supplier of Enterprise Manufacturing Intelligence (EMI) software, has been acquired by Rockwell Automation (Milton Keynes, U.K.; www.rockwellautomation.co.uk). Terms of the transaction were not disclosed. Rockwell Automation said that the acquisition will help it expand its FactoryTalk software suite. Incuity's products are used to monitor production operations and enterprise systems...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Rockwell-Automation-acquires-Incuity_3830.html
March 7, 2008
ABB in Norway (www.abb.com) and Metso Automation (Helsinki; www.metsoautomation.com) have reached a mutual agreement regarding joint activities and have signed a memorandum of understanding for future collaboration in the oil and gas industry. The integration of Metso Automation’s flow-control technology with ABB’s automation systems will result in improved safety, reliability...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Metso-Automation-and-ABB-intensify-cooperation_3710.html
February 15, 2008
Asset management means different things to different people in the chemical process industries (CPI). Some take a holistic view in which equipment operations and maintenance, planning and scheduling and all other processing procedures fall under the asset management umbrella. Others focus solely on physical equipment and assets. To make it more diverse, asset management needs differ according to facility...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Newsfront-Making-the-Most-of-What-Youve-Got_3674.html
January 28, 2008
1. How has globalization affected your customer base and what do you see on the horizon to meet those challenges? Many of our customers are adopting new ways of working to stay ahead in this competitive global market. Outsourcing, insourcing, offshoring and online workgroups all create a totally new business environment. In line with these developments, our corporate mission is now focused on taking...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/An-Interview-with-Martijn-Janmaat-President-and-CEO-BlueCielo-ECM-Solutions_3644.html
January 15, 2008
Corralling gigabytes of predictive maintenance data isn’t easy, but it’s essential for streamlining your process Plant maintenance is one of the disciplines in a chemical process environment that uses gigabytes of technical and operational data on a daily basis. Of course, managing an industrial plant involves a large amount of data, which can be acquired, stored and represented in numerous...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Feature-Report-Computerized-Maintenance-Management-Systems-For-Effective-Plant-Performance_3606.html
November 15, 2007
The globalization of the economy is making the world a smaller place and leading businesses — the chemical process industries (CPI) included — to source, produce and sell material in foreign lands. Politics aside, the trend has the potential to wreak havoc on the supply chain, logistics and transportation operations of chemical corporations unless strategies that increase collaboration and...
http://www.chemengonline.com/software_automation_and_control/information_technology/asset_mgmt/Its-a-Small-World_3493.html
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