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Industry News and Press Releases

bp Selects AssetWise Lifecycle Information Management and AssetWise Reliability as Standard for Information Management and Asset Integrity

bp Selects AssetWise Lifecycle Information Management and AssetWise Reliability as Standard for Information Management and Asset Integrity

Bentley Systems, Incorporated today announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR) to manage engineering information for projects and operations to help assure global asset integrity management.

IFS Named First-Ever Official Technology Partner of Big Ten Conference

IFS Named First-Ever Official Technology Partner of Big Ten Conference

The Big Ten Conference and Big Ten Network (BTN) today announced the addition of IFS, the global cloud enterprise software company, as an official partner of the Big Ten Conference, the nation’s premier athletic and academic conference.

IFS delivers strong Q3 2023 results thanks to increased demand for AI

IFS delivers strong Q3 2023 results thanks to increased demand for AI

IFS, the global cloud enterprise software company, today announced its financial results for the year to date (YTD) ending September 30th, 2023.

Accenture Acquires Canadian Capital Projects Consulting Company Comtech Group | Accenture

Accenture Acquires Canadian Capital Projects Consulting Company Comtech Group | Accenture

Accenture has acquired Comtech Group, a consulting and program management company for infrastructure projects in Canada and the United States. Terms of the deal were not disclosed.

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Adrian Messer, CMRP Joins SDT Ultrasound Solutions

Adrian Messer, CMRP Joins SDT Ultrasound Solutions

SDT Ultrasound Solutions is excited to welcome one of the more respected individuals in the reliability space to their fast-growing North American team.

C3 AI and Shell Expand Collaboration for Asset Monitoring and Predictive Maintenance

C3 AI and Shell Expand Collaboration for Asset Monitoring and Predictive Maintenance

C3 AI, the Enterprise AI application software company, today announced that the C3 AI Reliability application will now include predictive maintenance software developed by Shell.

ABB survey reveals unplanned downtime costs $125,000 per hour

ABB survey reveals unplanned downtime costs $125,000 per hour

According to the new “Value of Reliability” survey from ABB, over two-thirds of industrial businesses experience unplanned outages at least once a month, costing the typical business close to $125,000 USD per hour

Emerald deepens presence in intelligent asset management software with MentorAPM investment

Emerald deepens presence in intelligent asset management software with MentorAPM investment

Cleantech venture capital pioneer Emerald Technology Ventures has invested into MentorAPM, which develops and sells a cloud-based asset management software platform for utilities and industrial customers.

Dallas Area Rapid Transit Recognized as Best Maximo Implementation at the 2023 MaximoWorld Conference

Dallas Area Rapid Transit Recognized as Best Maximo Implementation at the 2023 MaximoWorld Conference

Dallas Area Rapid Transit (DART) was awarded Best Maximo Implementation at the 2023 MaximoWorld Conference in Phoenix, AZ, for their work with Interloc Solutions, Inc. (Interloc) for their successful rollout of a fully mobilized, cloud-based Maximo solution incorporating all of DART's enterprise-wide assets.

ITT, Inc. and Hexagon Join Forces to Enhance Industrial Equipment Monitoring Solutions

ITT, Inc. and Hexagon Join Forces to Enhance Industrial Equipment Monitoring Solutions

TT, Inc.’s i-ALERT® and Hexagon’s j5 Operator Rounds will integrate their machine health data tracking and analysis features to help heavy industries reduce maintenance costs and unplanned downtime.

KCF technologies expands patent portfolio with addition to machine health optimization platform

KCF technologies expands patent portfolio with addition to machine health optimization platform

KCF Technologies proudly announces the acquisition of its 23rd patent, reinforcing its position as an industry leader in innovative solutions for machine health monitoring.

Nanoprecise Announces World's First Light Energy Harvesting Predictive Maintenance Sensor

Nanoprecise Announces World's First Light Energy Harvesting Predictive Maintenance Sensor

Nanoprecise Sci Corp, is excited to announce the launch of the world's first, Zone 0 compliant* light energy harvesting sensor, MachineDoctor™ LUX.