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Articles & News on Asset Management

AI-Driven Enhancements for Optimal Asset Performance

  • by Peter Reynolds
  • October 31, 2023
  • Feature

Many process manufacturing enterprises need help to apply artificial intelligence (AI) and machine learning tools to improve asset performance.

Manufacturers on Track to Improve Efficiency, Driving Profitability

  • October 23, 2023
  • News

According to the manufacturing leaders surveyed, 68% plan to find ways to digitize new areas of their business, 70% plan to invest in tools to protect payments systems, and 23% are likely to further enhance automation.

Introduction to Condition-Based Monitoring

  • by Jesse Hill
  • October 19, 2023
  • Feature

New technology advances help manufacturers across industries move away from inefficient maintenance processes, increasing machine uptime and plant productivity.

ABB and ODS Partnership to Enable Precise and Reliable Custody Transfer

  • October 16, 2023
  • News

The partnership will ensure the timely and safe delivery of oil and gas, helping to avoid shutdowns of primary infrastructure.

Moxa Enables Onboard Data Processing of Condition Monitoring to Improve Train Maintenance

  • October 9, 2023
  • News

Moxa has partnered with an IT consulting company to develop the first CBM system for South Korean Rail System.

Validating IoT Data to Improve Quality and Consistency

  • by Yury Oleynik
  • October 5, 2023
  • Feature

By ensuring the integrity of IoT data, companies can confidently pursue strategic initiatives such as data modeling, generative AI, machine learning and other advanced use cases.

Manifolds: Finding a Solution Before the Problem Strikes

  • by Rusty Walton
  • October 5, 2023
  • Feature

The most common factors that can cause a manifold to fail are manifold total usage age, older design, lower EV cycles, low flow and pressure derived from the manifold. 

thyssenkrupp Selects Samotics to Increase Reliability and Sustainability of Its Steel Manufacturing Process

  • October 4, 2023
  • News

Samotics, a leading provider of real-time actionable insights to eliminate unplanned downtime and energy waste, has been selected by thyssenkrupp to monitor the condition and performance of its hot rolling mill in Duisburg.

Improve Sustainability by Optimizing Operations with Utility Consumption Monitoring

  • by Mark Thomas
  • October 3, 2023
  • Feature

By pairing reliable measurement solutions with energy management systems, companies can identify opportunities for energy savings, simultaneously reducing operational costs and aiding the push toward sustainability.

Automated Storage and Retrieval Systems: Benefits, Applications and Considerations

  • by Anupama Hareendran
  • October 3, 2023
  • Feature

Automated Storage and Retrieval Systems have revolutionized the warehousing industry, offering a myriad of benefits, including improved efficiency, space optimization and enhanced accuracy.