IIoT

by   |    |   5 minutes  |  in Asset Intensive, Aviation & Defense, Business Technology, Creativity & Innovation, Events, Manufacturing, Process Manufacturing

Enjoying a front row seat as the industrial internet of things (IIoT) turns into a practical reality via tech transfer. When it comes to ensuring economic growth and development, there are few better places to invest than academic research. The annual AUTM Licensing Activity Survey, which reports on private sector licensing of intellectual property originating…

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Is IT policy a speed bump on the way to EAM software mobility?

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Mobility

What is keeping you from the benefits of mobile enterprise asset management in your plant? As Plant Services magazine contributor Sheila Kennedy points out, it was not long ago that maintenance technicians would print work orders, complete tasks and then, at the end of their shift, enter the details on work performed, parts consumed and…

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offshore maintenance

by   |    |   1 minute  |  in Asset Intensive, Business Technology, Oil & Gas, Strategy

What is it really about? Getting on the bandwagon or actually optimizing operational performance? Asset performance management (APM) has become a popular buzzword for anything that helps asset-intensive organizations to get the most value out of their costly equipment investments. To enable an APM strategy, you really need to understand your underlying cost structures and…

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by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Finance, Oil & Gas, Research, Service Management, Strategy

In an industry where there are still few capital projects being initiated following the 2014 price collapse, and pressure on any new project to deliver cost effectiveness and to stay ahead of schedule, IT is continuing to be a key enabler for upstream oil and gas companies. The industry considers digitalization as the way for…

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2017 energy & utilities industry predictions

by   |    |   6 minutes  |  in Asset Intensive, Business Agility, Business Technology, Creativity & Innovation, Digital Transformation, Energy and Utilities, Mobility, Research, Service Management, Strategy

Changes in consumer demand and new opportunities in renewable energy production are leading energy companies to invest in alternative sources, modernize their infrastructure and seek new revenue streams. This will continue as energy and utility companies come to grips with building smarter infrastructures and integrating powerful new technologies and analytics platforms. Colin Beaney, Global Industry…

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Delivering efficiency improvements through GIS integration – The story continues.

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Energy and Utilities, Finance, Mobility, Supply Chain

Earlier, I had blogged about how the investments and efforts we’d made into our GIS integration. And, these investments are beginning to pay dividends for many of our customers. At our recent IFS World Conference in Sweden, one of our regulated water companies presented, “Integrating with Geospatial Tools,” about the improvements and progress they have…

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Asset Management

by   |    |   3 minutes  |  in Asset Intensive, Business Technology, Strategy

Back in October at IFS World Conference 2016, some delegates from William Grant & Sons explained their asset management journey from a primarily reactive maintenance situation to a far more proactive mindset. AMIS is the Asset Management Information Service they used to assess their performance. Today, that journey has obviously not stopped and the company…

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by   |    |   3 minutes  |  in Applications 9, Asset Intensive, Business Technology, Creativity & Innovation, Strategy

An enterprise asset solution will always be a constituent part of an APM strategy— the key is ensuring it sits at the heart of that vision, not in some peripheral position. According to Gartner, “APM encompasses the capabilities of data capture, integration, visualization and analytics tied together for the explicit purpose of improving the reliability…

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drilling contractors

by   |    |   4 minutes  |  in Applications 9, Business Agility, Business Technology, Events, Oil & Gas

IADC brings together leading drilling contractors to discuss industry challenges around reliability and asset integrity in the dynamic environment of onshore and offshore drilling. This week, some of the leading global onshore/offshore drilling organizations and contractors converged in Houston, Texas for the 2016 IADC Asset Integrity & Reliability Conference. Facing a dynamically changing world and…

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