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asset management

Oil and Gas Companies Spend Smarter on Digital Technologies to Drive Value

HOUSTON; Mar. 9, 2016 – As upstream oil and gas companies scrutinize every dollar invested, they’re spending smarter today on digital technologies, seeking to drive value and reduce costs amid low oil and gas prices, a new survey by Accenture (NYSE: ACN) and Microsoft Corp. (NASDAQ: MSFT) reports. Respondents to the ”2016 Upstream Oil and Gas Digital Trends Survey” included international oil companies (IOCs), national oil companies (NOCs), independents and oilfield services firms.

Reliability Engineering for Maintenance

Uptime Award Winners 2015

Recognizing the Best of the Best!

Uptime Magazine congratulates the following outstanding programs for their commitment to and execution of high quality Predictive Maintenance and Condition Monitoring Programs.

To read more about each company, download the Uptime Award Winners’ stories at: uptimeawards.com.

Asset Management

Siklu Deploys Fiber-Optic Broadband Speeds

FAIR LAWN, NJ -- March 16, 2016 -- Siklu Inc., the global market leader in millimeter-wave radios, announced it was selected by Netunwired LCC to backhaul a new wireless broadband network at the Aurora Sports Complex in Colorado. Siklu's wireless, Gigabit radios were selected for their out-of-the-box, easy to deploy characteristics, and inherent interference-free quality.

Asset Management

APRIL Robotic Chef to Launch

Robotics and automation has prospered in many manufacturing industries but there has been limited progress in food production because of a lack of enabling technologies leading to islands of automation. When focusing on ready meal manufacturing, the finished product can often be over-processed and costly due to the inefficiencies of traditional cooking and processing methods.

Asset Management

Site Selectors Guild Present Economic Growth and Trend Predictions at Annual Conference

Nashville, TN -- March 3, 2016 -- The Site Selectors Guild (SSG), the world’s largest group of senior location advisors, predicts data centers will be a major global growth area in the next three years and Foreign Direct Investment (FDI) projects in the US will also increase over that time.

Asset Management

Shareholders Rate Women Board Members More Highly Than Men

Companies with women on their executive and supervisory boards are valued more highly by the stock markets. Investors rate the performance of the few women who climbed to the top of the career ladder in companies without a gender quota as being better than that of their male peers. Economists from the Technical University of Munich (TUM) and the University of Hong Kong used an unusual method to reach this conclusion. They studied the share price development of companies following the exit of top managers due to death or illness in a sample of around 50 countries.

Asset Management

Internet of Utilities Asset Management

With the advancement of new technologies, the world is moving toward intelligent devices and assets. Although sensors have been around for a long time, they have always been local to a machine and do a specific job, without much communication to the outside world. But if these sensors can communicate with other sensors, machines and human beings over the Internet, then this setup can form an Internet of intelligent devices.

Asset Management

Senseye Selected as IoT Forum ‘One to Watch’ for March Event in Cambridge UK

Senseye, provider of the PROGNOSYS infrastructure-free prognostics and condition monitoring solution to the manufacturing industry, has been selected as ‘One to Watch’ by the prestigious Business Leaders Network IoT Forum.

Leadership for Reliability

Mapping the Uptime Elements to Your Asset Performance Management Process

Focused Forum from IMC-2015 - 37:43
by Sandra DiMatteo, Bentley Systems

Adhering to and sustaining an asset performance management process doesn’t come easy. That’s why we need a holistic system-based approach like the Uptime Elements with its evolving technical, cultural and leadership elements. This interactive session demonstrates the key to making the elements ‘stick’ – diligence to a proactive business process. Is your process proactive? Explore how to map your business process and tasks to the Uptime Elements, building on what you are already doing successfully and identifying areas for improvement. You will identify the need to improve in one Uptime Element or another; from reliability engineering for maintenance, asset condition management, work execution or perhaps your organization needs new leadership skills for reliability. But overall, the biggest bang for your buck is learning how to ensure people are focused on the process, understand their role and responsibilities and are supported with the proper training and software to drive and support the process.

Asset Management

New Regal Software Configures Gearbox/Motor Matches

February 26, 2016 – Regal divisions Hub City and Marathon Motors have collaborated with PARTsolutions to create product configuration software that allows design engineers to create and download perfectly matched gear/motor configurations. The configurator software is a free download with automatic part number generation, reverse part number lookup, 3D PDF data sheets, 2D drawings, and can be embedded into any existing website or online catalog. Designers can start with the gearbox and find a motor match or vice versa, and configured files are downloadable in 150 CAD formats.

Asset Management

Siemens and IBM Watson Internet of Things Business Unit will transform real estate performance

Las Vegas, - 22 Feb 2016: Today, the Siemens Buildings Technologies Division and IBM (NYSE:IBM) announced cloud-based solutions that will leverage Siemens’ building expertise and IBM Internet of Things (IoT) capabilities to maximize the potential of connected buildings and the data they create, helping corporate real estate owners across multiple industries drive business results and meet energy efficiency goals.

Asset Management

KM Subsea signs new multi-year frame agreement with Nexans Norway AS

Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the C/S Nexans Skagerrak. The contract value including options is 75 million NOK and duration term is firm for 3 years + 2 yearly options.

Asset Management

Finnish S-Bank Takes Fueling Mobile

S-Bank is set on making everyday life easier by bringing a new mobile fueling feature to its award-winning S-Mobile iPhone app. The unique service now combines mobile fueling with mobile banking, a retail customer loyalty program, and targeted customer coupons. Mobile fueling features easy gas pump activation, invisible mobile payments, and navigation to the nearest gas station.

Internet of Things Digitalization (IoT)

How to Develop an Industrial Internet of Things Solution

At the CeBIT and CED Tech Venture conferences last year, the Internet of Things (IoT) was surely one of the hottest topics discussed. Wearable gadgets are monitoring our fitness activities, home doors are recognizing our touch to let us in, and consumer shopping patterns are monitored and processed using beacon technologies. These are just a few examples of those dreams we once had coming true today.

Work Execution Management

Demystifying eAM Costing

by Doug Volz, Expert Consultant for VIZIYA

Join Doug Volz, an expert consultant who co-designed Oracle Cost Management, as he explains eAM costing and shares best practices. You will learn about:

Oracle Enterprise Asset Management and how it accounts for maintenance costs
Features shared with Oracle Cost Management
Common Subledger Accounting extensions for eAM
Best practices for implementing eAM costing

Asset Management

End-to-End Enterprise Asset Management

Business World becomes the only services-centric ERP with fully integral EAM

VICTORIA, British Columbia & MANCHESTER, N.H.--Unit4, a fast growing leader in enterprise applications for service organizations, today announced a new, end to end Enterprise Asset Management (EAM) solution for organizations with building and property assets to manage and get full transparency of their business, including assets, maintenance and inspection plans and staff resourcing.

Asset Management

Reliabilityweb.com and La Red Confiabilidad

Accelerating Reliability Transformation and Improving Asset Performance Throughout Latin America

Next-generation strategic partnership will drive growth, accelerate innovation, and boost reliability transformation demanded by customers across industries in Latin America.

Industry-leading solution providers align to the Uptime Elements Reliability Framework for Asset Performance.

The Uptime Elements Framework accelerates compliance to ISO 55001 Asset management – Management systems – Requirements.

Asset Management

Things to Think About and Do (2013)

Reliabilityweb.com® invited thought leaders in the maintenance reliability and asset management community to contribute a simple message directed toward creating a new idea or action on the part of the readers, the maintenance and reliability professional community at large.

Asset Management

Carollo Engineers to Standardize on Bentley’s EADOC Capital Project Management Offering

EXTON, PA – Feb. 11, 2016 – Carollo Engineers and Bentley Systems today announced that Carollo has chosen Bentley’s EADOC cloud-based construction management software as its corporate standard for capital project management.Carollo Engineers will standardize on EADOC across its construction services teams, bringing cost savings to all of its projects and eliminating the inefficiencies of managing multiple legacy systems.