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asset management

Annual Manufacturing Operations Performance Summit to be Co-Hosted at Solutions 2.0

Manufacturing industry visionaries to share insights for driving shareholder value through operations.

Manufacturing Technology Producers Greet Recent Economic News with Cautious Optimism

McLean, VA. . . .Manufacturing technology suppliers reacted with cautious optimism over reports that Ford posted the first sales gain in two years and that U.S. manufacturing activity slowed less than expected in July. But that’s not to say that tough times are over for the manufacturing industry.

DuPont Win Manufacturing Achievement Award for Operational Excellence

BURLINGTON, Mass.—Aspen Technology, Inc. (OTC: AZPN.PK) today announced that the use of aspenONE software helped DuPont win Aberdeen Group’s Manufacturing Excellence Achievement Award for Operational Excellence in the Process Industries. DuPont was selected from more than 200 leading companies for demonstrating top performance in critical operational metrics.

Preview Survey Results from the Eight Critical Elements of Asset Management Survey

OneSteel and Reliabilityweb.com Study Highlights Nine Areas for Improvement

OneSteel and Reliabilityweb.com have been conducting a comparative benchmarking study in 8 Critical areas for effective asset management. Several interesting trends have emerged that indicate some companies will be much better prepared to gain significant competitive business advantage when demand increases.

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Integration of Tools for More Effective Safety Instrumented Systems Management

ROANOKE, Va. and SELLERSVILLE, Pa.,—Meridium, the leader in asset performance management (APM) software and consulting solutions, and exida, a certification and research company specializing in safety and high availability automation systems, announced today the integration of exida’s exSILentia SILver calculation engine and the Safety Equipment Reliability Handbook database into Meridium APM software’s new Safety Instrumented Systems (SIS) Management module.

Online plant optimisation resource

A Honeywell website designed to help manufacturers get the most out of their plant by maximising their equipment offers real-life strategies to improve efficiency.

RSC Launches Used Equipment Web Site

SCOTTSDALE, Ariz—RSC Equipment Rental announced today the launch of an updated used equipment sales web site, accessed at www.RSCrental.com/usedequipment

daratechPLANT Changes Its Name to The DIGITAL PLANT Conference

HOUSTON - daratechPLANT, the world’s leading plant asset lifecycle management event, announced today that it will be changing its name to “The DIGITAL PLANT Conference”, and also changing its tagline to “The Plant Asset Lifecycle Event”.

Software Increases Confidence in Decision Making

Reaching 99.8% Reliability by Amy Davidson


The vast amount of diagnostic information available today about the condition of critical production assets - information that can be of real value to decision makers -- can be confusing and even overwhelming. However, when information from hundreds or even thousands of separate sources is consolidated and organized on a single platform, a more complete picture of the health and operation of critical assets, or an entire process, emerges.

 

SKF Solution Factories — to mass produce unique ideas

The network of SKF Solution Factories around the world is growing, as of today SKF Solution Factories have been opened in Tianjin and Shanghai (China), Gothenburg (Sweden), Torino (Italy) and Sao Paolo (Brazil). The plan is to establish some 15 of these factories in 2009, serving customers on every continent.

GPAllied Announces Strategic Hire: Erich Scheller

Charleston, SC. - Global reliability and operations solutions provider, GPAllied, announced today that it welcomes Erich H. Scheller to their organization.

Leading edge practice success for British Energy through PAS 55

British Energy demonstrates safe, competent control and robust management of their nuclear infrastructure through independent PAS 55 assessment provided by Lloyd’s Register EMEA.

Emerson wins Golar LNG contract

AUSTIN, TEXAS: Emerson Process Management has won a contract from Golar LNG to supply PlantWeb digital automation architecture for basic process control and safety systems on the Golar Freeze, a floating storage and regasification unit (FSRU) vessel.

The Onesteel Eight Critical Elements of Asset Management

by Mark Brunner, Reliability and Systems Superintendant-Wire, OneSteel Rod Bar and Wire, Newcastle, NSW, Australia

OneSteel is a fully integrated, global manufacturer and distributor of steel and finished steel products, self-sufficient in both iron ore and scrap metal, with revenues in excess of $6 billion Australian dollars. They have major manufacturing facilities across Australia as well facilities in New Zealand, Asia and the Pacific and the USA. 

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Invensys Process Systems signed a $50 million dollar asset management contract with Petrobras

IPS will deliver Triconex safety and critical controls and Avantis asset management technology for this significant upgrade and modernization project, which supports Petrobras’ strategic plans for growth and industry leadership. IPS will also supply a range of engineering, systems integration and consulting services to help Petrobras meet its goals.

Managing Risks in Asset Intensive Operations

Top Companies Are 84% More Likely Than Laggards to Establish a Structured Approach to Pro-Actively Manage Risks Across Global Operations

El nuevo Rol del Mantenimiento

La eficiencia energética será en un futuro muy cercano uno de los aspectos que las empresas prestaran gran atención, estudios efectuados en Japón y que refieren al Total Productive Maintenance

Challenges in Asset Management And ways that you can deal with them

by Michael Israel

Disclaimer: In our efforts to make readers aware of technology innovations, this Reliabilityweb.com article make extensive mention of a specfic product.  This should not be taken to imply endorsement.  The product names were used to support the informational delivery of an innovation for the maintenance and reliability community.  - Editor   

Asset Management: An Explanation

What is asset management?

There are varied points of view, no doubt. So let's get a generally acceptable perspective from two reliable sources: