Articles & News on Asset Management

Sensor-to-Cloud Enables Predictive Maintenance

  • by Craig Lentzkow
  • August 2, 2021
  • Feature

There is a huge base of installed machines in the world, typically referred to as “brownfield." This represents a tremendous opportunity for a predictive maintenance solution that can be “bolted-on” existing equipment to provide condition-based monitoring. For this solution to succeed, it must include: support for many machines in a single eco-system; simple, quick and remote commissioning; flexible choice of attached sensor devices; and built-in security. 

Asset Guardian Solutions Limited Appoints Mark Kostryckyj as Graduate Technical Consultant

  • July 26, 2021
  • News

Asset Guardian Solutions Limited (AGSL), which specialises in managing and protecting process critical software, today announced it has appointed Mark Kostryckyj to the position of Graduate Technical Consultant. 

World’s Largest Manufacturers Lose Almost $1 Trillion a Year to Machine Failures

  • June 30, 2021
  • News

Senseye study of major industrial firms finds that large facilities lose 27 hours a month to machine failures, on average, at the cost of $532,000 for each hour of unplanned downtime.

Complying with IEC 61511 Operation and Maintenance Requirements

  • by Dr. Steve Gandy
  • June 7, 2021
  • Feature

Testing and documenting the performance of an SIS is an essential part of ensuring it can fulfill its designed functional safety requirements. This article comes from the May 2021 issue of Intech Focus: Process Control and Safety.

Senseye PdM Now Available in the Microsoft Azure Marketplace

  • May 27, 2021
  • News

Microsoft Azure customers worldwide now gain access to Senseye PdM to take advantage of the scalability, reliability, and agility of Azure to drive Industry 4.0 development and reduce unplanned downtime.

ABB Collaborates with Equinor on Digital Integration to Improve Operations at Off-shore Assets

  • May 26, 2021
  • News

Companies join forces to implement digital and remote condition monitoring to the critical electrical systems of the Gina Krog platform.

How to Detect, Prioritize and Quantify the Costs of Compressed Air System Leaks

  • by Javier Irazola
  • May 24, 2021
  • Feature

An estimated 30% of compressed air is lost to unrepaired leaks. That means a loss in air pressure, which can lead to reduced productivity due to underperforming pneumatic tools. Neglected leaks can, over time, lead to unplanned downtime. Here's how to repair compressed air system leaks.

The Perfect Downtime Storm is Brewing for Oil and Gas Companies this Summer

  • by Forogh Askari
  • May 17, 2021
  • Feature

As the economies return to normal, the industry needs to swiftly transform itself by leveraging technologies such as Artificial Intelligence (AI) and Machine learning (ML) to build resilience and improve its value-chain. 

Arnel Santos Joins mCloud as Executive Vice President and President, Americas

  • May 7, 2021
  • News

mCloud Technologies Corp. announced Arnel Santos has joined mCloud as executive vice president and president, Americas and the company’s senior executive for its regional business in North America.

Asset Guardian Solutions Limited Announces Strong Growth with Enterprise Solution

  • May 6, 2021
  • News

Leading innovator in protecting industrial automation and control systems software announces record growth in 2021 with 50% increase in annual turnover due to global demand for its Enterprise Solution.